Turnkey Legal Support

Turn your handshake deals into fully executable legal documents – protecting both parties to the transaction.

Benefit from legal expertise

Financial advisors who use third parties to help execute their deals usually report higher satisfaction with the end result. Our team has handled hundreds of practice sales, and we provide insight, structure, and best practices to one of the most important transactions you can make.

Get help from specialists

You need attorneys who understand the very specific nuances of financial advisory practices. For more than two decades, we have worked with attorneys to streamline a process for the very specific documents needed in a financial advisory practice sale. These documents include:

  • Asset Purchase Agreement
  • Non-Compete/Solicitation Agreement
  • Consulting Agreement (as part of Practice Sale)
  • Promissory Note
  • Bill of Sales
  • Closing Statement

We walk you through the deal step-by-step

We offer the systems, tools and experience to help both parties achieve their goals. Our system was designed to produce mutually beneficial deals. The process is clear and the results are a winning combination for the buyer and seller.

Legal Support

For a transaction as important as a practice sale, handshake deals are way too risky. As part of our service, we ensure that both the buyer and the seller have the appropriate legal contracts and written terms so both parties are protected.

The attorneys that we work with have been fully vetted and were carefully selected because they understand the nuances of our business.

Our Deal Support Service includes the attorney consultations and contracts; however, in some complex circumstances additional legal services are necessary.

If you would like to speak to an attorney about your situation, contact our attorney partners.

Step 1

Identify Parties

Identify Parties

The first step of any transaction is identifying the parties to the transaction. Once parties have been identified, then the work begins on Deal Terms. If you are looking for a buyer or seller, we can help!

Step 2

Deal Terms

Deal Terms

There is so much more to the deal than price. Timing, Attrition, Consulting, Tax Allocation – and more. If you need help negotiating or sculpting your deal, we can help.

Step 3

Legal Agreements

Legal Agreements

Once the deal terms have been set, our attorney partners finalize the contracts. If you have already finalized your terms, and now you just need the legal documents, we have built a service to streamline this process for you.

This service is for a straight asset purchase between a buyer and seller who have already connected. After you place an order online, a M&A expert from Advisor Legacy will contact you to review the terms and structure of your deal. After the review, we will provide our partner law firm with a Term Sheet that outlines the specifics that need to be included in your documents. The law firm will draft your agreement and set up a time to review it with both the buyer and seller.

Turnkey Legal Support

For buyers and sellers who are already working together, have worked out the deal terms, and need help writing legal documents – this service is for you.

Total Cost: $3,495