The Portfolio Executive Model
Portfolio executives have emerged as a major career model for experienced leaders. According to the Institute of Directors, portfolio careers are now mainstream at senior levels, driven by flexible working norms and changing attitudes to employment.
Components of a Portfolio Career
Fractional Roles
- 1-3 days/week per client
- Ongoing leadership positions
- Own function and team
- Typically 1-2 concurrent
Board Positions
- Non-executive director roles
- 1-2 days/month each
- Governance and oversight
- Often 2-4 boards
Advisory Roles
- Strategic advice to founders/CEOs
- Few hours per month
- Often equity-compensated
- Lighter commitment
Consulting Projects
- Specific project delivery
- Time-bounded engagements
- Higher day rates
- Gap-filler income
Example Portfolio Structure
Typical Portfolio Executive Week
Portfolio Executive Earnings
Often exceeds previous full-time salary
Reduced risk through multiple clients
Benefits of Portfolio Executive Life
Variety
Work across different companies, industries, and challenges. Never get bored.
Flexibility
Control your schedule. Work when and where you want within client needs.
Income Diversification
Multiple income streams reduce risk. Lose one client, not all your income.
Higher Earnings
Many portfolio executives earn more than equivalent full-time roles.
Continuous Learning
Exposure to different companies keeps skills sharp and knowledge current.
Building a Portfolio Career
Transitioning to portfolio executive life typically takes 12-24 months. Key steps include:
- Build runway: Have 6-12 months expenses saved before transitioning
- Start while employed: Take first advisory or board role alongside current job
- Define your niche: Be specific about function, industry, and stage
- Activate network: Most early roles come through existing connections
- Build presence: LinkedIn, content, speaking to establish credibility
Summary: Portfolio executives work across 2-4+ companies, combining fractional roles, boards, and advisory positions. Earnings of £150,000-£400,000+ are achievable with variety and flexibility.
