Comparison
Quick answer
The terms virtual CFO and fractional CFO are often used interchangeably, but there is a meaningful distinction. A virtual CFO works entirely remotely — they may be full-time or part-time, but the defining feature is remote delivery of services. A fractional CFO dedicates a defined fraction of their time to your company — typically 1–3 days per week — and may work on-site or remotely. The key variable for most companies is time commitment and integration depth, not physical location.
In practice, most fractional CFOs today are also virtual — the terms have converged significantly. If you are evaluating CFO service providers, focus on the time commitment structure and integration model rather than whether they call themselves virtual or fractional. What matters most is: how many hours per week, what is included, and how deeply will they integrate into your leadership team.
Hourly rate
$150–$400/hr
Most common for financial modeling, analysis, and strategy sessions
Per session
$200–$600
Typical for a 60–90 minute advisory or review session
Monthly retainer
$2,000–$8,000/month
For fractional CFO engagements (typically 1–3 days/week)