Independent advisoryToronto, CanadaEN / FR

Independent strategy and finance counsel for leadership teams.

HSA advises leadership teams and founders on the decisions that move a business — setting direction, owning the financial calls that follow, and staying through execution. Judgement and delivery, not another report.

Request an introduction Selected work
Experience15+ yrs
Sectors4
Board seats2
RegionsEUR · N.AM
01 — The firm

HSA is a single-principal practice. Every engagement is led and delivered by the same senior operator — not scoped by a partner and handed to a junior team.

The work sits at the intersection of corporate strategy and finance: where a decision has to survive contact with a P&L.

Clients fall into two groups: mid-market and enterprise leadership teams navigating a transition — a cost mandate, a restructuring, a growth plan that needs a financial backbone — and solo founders building without a leadership team around them.

For founders, the advice comes from someone who has owned and exited a business, not only analysed one.

02 — Capabilities

Five disciplines, one operator

2.1

Strategic planning & execution

Setting direction, then building the plan, targets, and operating rhythm to hit it — with accountability structures that outlast the engagement.

2.2

Business transformation

Leading change across operations, digital, and cost. Design and delivery, including cross-functional teams and executive reporting.

2.3

Financial leadership

FP&A, P&L ownership, forecasting and capital allocation — with a track record of realised, audited cost savings rather than modelled ones.

2.4

Executive & board advisory

A steady, numbers-grounded read for executives and boards, informed by active governance roles.

2.5

Founder & owner-operator advisory

A sparring partner for solo entrepreneurs: business model, pricing, capital planning, and the discipline to execute — from someone who has run and sold his own business.

03 — Track record

Selected mandates

Healthcare manufacturing SME — France Turnaround mandate for an owner-led company: cash position and bank financing first, then strategy, operations and long-term structure. 2026 — Present
European groups — France & Sweden North American expansion decisions for a French retail group and a Swedish group. 2025 — Present
Early-stage founders — EUR & CAN Strategic and financial advisory to founders in Spain, France and Canada: business models, pricing, capital planning, and international expansion for a Spanish SaaS startup. 2025 — Present
National retail — Canada Senior manager, cost transformation and business performance. Led a team of six; built executive dashboards used at C-suite level; drove a national vendor clawback initiative. 2021 — 2024
Automotive services — Paris Founded, owned and operated a nine-employee business; grew revenue +28%, opened a second location, and exited profitably. 2016 — 2018
Captive automotive finance — Europe Chief of staff to the CFO, then territory director overseeing a $50M portfolio across the Americas, Asia and Europe. 2011 — 2015

Employer and client names available on request and in conversation. Referenced figures reflect delivered outcomes.

04 — Principal
Alex Hugel Founder & Principal
Master's — Finance & Business Administration, ISG Paris Banking · Automotive · Retail Two active board mandates, Toronto Bilingual EN / FR

Fifteen years in strategy, transformation and finance across Europe and North America — in-house, as an owner-operator, and now as an independent advisor.

The through-line: taking accountability for outcomes, not recommendations. Alex works hands-on alongside the teams he advises and serves on two Toronto-area boards, as Vice-President and as Treasurer.

05 — How engagements work

Diagnostic first, always

I

Diagnostic

A short, fixed-scope review of the numbers and the organisation. You get a candid read — even if the answer is that you don't need an advisor.

II

Plan

A concrete plan with owners, targets and a cadence. Priced and scoped before work begins.

III

Delivery

Hands-on execution alongside your team, with reporting your board can use. No handover to juniors — there are none.

06 — Contact

Start with a conversation

An introductory call is free and without obligation. Engagements are taken selectively to protect delivery quality. All enquiries via LinkedIn.