EdVenture Advisors

Strategic, Operations, & Financial Advisory

EdVenture Advisors works with Trustees and Presidents to create pathways and drive transformation. Our Managing Directors are former University and College Presidents and restructuring experts that have successfully navigated pivotal moments in institutions like yours. We focus on positive outcomes for your students, faculty, staff, and community stakeholders.

Who we are

EdVenture Advisors is a strategic, operations and financial advisory firm dedicated to transforming higher education institutions through innovative ideas and expert guidance. A combination of former college Presidents and restructuring professionals, we leverage years of higher education experience to advise colleges and universities in their pursuit of excellence. EdVenture Advisors was founded as a proud spinoff from Ariste Advisors to help institutions of higher education develop and implement initiatives that increase enrollments and retention, improve cash flow and financial stability, and address regulatory and accreditor compliance issues.

The postsecondary education sector is facing unprecedented strategic, operational and financial challenges including declining enrollments, reduced public funding, and shifting perceptions about the value of a degree. We offer a structured approach to turnaround efforts, including assessment, crisis management, efficiency improvements, and revenue growth initiatives. Our expertise in consolidation helps institutions maximize resources while maintaining high quality academic standards.

Testimonials

Steve embodies principled and practical problem-solving, leveraging his deep expertise in tackling higher education challenges like regulation, accreditation, and acquisition opportunities to craft effective solutions and outcomes. As a dedicated educator and experienced executive, he identifies transformative and sustainable opportunities, consistently prioritizing the needs of students, faculty, and their institutions.

Eileen Moran Brown Founding president, Cambridge College

I worked with Steve on a high-profile, complex, and time-sensitive and ultimately successful acquisition. In addition to his significant knowledge of the process, he brought a never-failing positive and pathway-finding attitude and energy. Those attributes were essential to our success.

Sandra Doran President, Bay Path University

Turnaround and sale of massage school chain. Taught out and closed failing campuses and completed close out audits. “Cortiva was a very complicated deal that would never have closed if Joe wasn’t leading the process”

Neal Heller Current owner of the Cortiva Massage Schools and the Hollywood Institute of Beauty Schools

Worked closely with the school and Trustees to reduce expenses; negotiated debt forgiveness with secured lender; positioned the Client for a merger with Goodwin College. “Joe guided us through a difficult process and advocated as if it was his school"

Stephen Healey Former Interim President and Provost of University of Bridgeport

As a higher education practice attorney, I have had the privilege of working with Dr. Milan Milasinovic over the past ten years on numerous higher education regulatory projects, including providing legal counsel during two institutional acquisitions and many operations projects. Throughout our collaborations, I have witnessed his exceptional ability to assess, acquire, and successfully turn around higher education institutions. His deep understanding of regulatory compliance, accreditation, financial sustainability, and institutional operations, combined with his strategic vision and leadership, sets him apart as a transformative leader in the sector. He is well regarded by both colleagues in the higher educational community and executives in regulatory agencies. Dr. Milasinovic is a decisive and ethical professional with a proven track record of navigating complex challenges and driving institutional success, and I highly recommend him to any organization seeking expertise in higher education restructuring, acquisitions and consolidations.

Ronald L. Holt ROUSE FRETS WHITE GOSS GENTILE RHODES, P.C.

"I had the pleasure of working with Dr. Milan Milasinovic both at LIM College, where he was a dedicated leader, and later at The North Coast College, where he served as President. Milan is an exceptional higher education executive with a strategic vision for institutional growth, restructuring, and turnaround. His expertise in international business, entrepreneurship, and academic leadership, combined with his ability to foster meaningful partnerships, makes him an invaluable asset to any organization. I highly recommend him for leadership roles that require innovation, strategic thinking, and transformative impact."

J. D. ROLLE CEO J. D. Rolle & ASSOCIATES

We have worked with more than 50 institutions.