Advisorbox Acquisition Advocate Program

The Advisorbox Acquisition Advocate Program is committed to facilitating successful acquisition transactions that satisfy all involved parties, ensuring that the outcomes are beneficial for the business and its clients in the long term. Our philosophy is to nurture a strong, cooperative partnership between the buyer and seller. It is imperative for them to conclude their agreement on amicable terms, serving as effective working partners, if not friends. Winning a transaction at the cost of future cooperation is counterproductive, which is why our program discourages adversarial attitudes and unnecessary legal disputes that could compromise the success of a deal. Our initiative is tailored for those seeking acquisition conditions that are in harmony with the fair and balanced principles of the Advisorbox Acquisition Guidelines.

Advisorbox Acquisition Advocate Program Includes:

Consultation on goals and expectations for both parties
An in-depth explanation of the buyout process
Guidance on mutual due diligence checklists
Prompt identification and resolution of challenges
Coordination and collection of essential documents
Financial analysis for both the buyer and seller
Support and analysis for valuation
Purchase Agreement & Exhibits, including provisions and contingencies
Supervision over the execution, document finalization, closing, and transition phases
Transition consulting to manage attrition provision distribution
Assistance with financing services from initiation to funding

Advisorbox Agreements: Our emphasis on mutual agreement in transactions, partnering exclusively with buyers and sellers dedicated to fairness and compliance with our acquisition guidelines.

DEAL ADVOCATE

NEUTRAL ACQUISITION NAVIAGTOR

$10,000 Flat Fee

An Advisorbox Advocate supports buyers and sellers with acquisition deal mediation, navigation, all the agreements, and even manages the financing aspects from LOI to any post-closing claw backs.

Deal Advocate Services:

Deal Mediation
Purchase Agreement
Exhibits
Vendor Alignment
Lending Navigation
Valuation Review
ROI Analysis

Deals mediated according to the Advisorbox Acquisition Guidelines.

No broker fees, placement fees, or percentage of the deal fees of any kind.

Maximum of $5 million purchase price. Deals at higher values are priced on a case-by-case basis.

ADVOCATE ACQUISITION GUIDELINES

Advisorbox deal advocacy is defined by fairness, respect, and common sense. Our deals are structured and mediated based upon these Advisorbox Acquisition Guidelines. While there are always exceptions and specially requested structures, we follow these guidelines in our advocacy:

CLIENTS: Our #1 priority for any negotiated deal centers on client fit, retention, experience, and continuity. We only advocate deals where client retention and continuity is thoughtfully addressed.

SELLERS: Sellers should always receive full value of their book or practice with as much payment received upfront (target 75%+) at closing as possible. Practices are not to be sold below a third-party market, income, or DCF valuation. No buyer predatory acquisition scenarios will be participated in or negotiated by AdvisorBox.

BUYERS: Buyers should pay full value for a practice or book and be protected from future seller solicitation on the clients purchased. Buyers should not pay any (or the least amount possible) out-of-pocket cash down payment. No seller predatory scenarios where a buyer is paying excessive premiums due to third-party involvement. Practices should be acquired at or near valuation price, with any excess value compensated through a promissory note to the seller.

ATTRITION: Our general view is that post-sale client attrition is the #1 priority for both buyer and seller. For internal buyouts where clients do not need to be re-papered then attrition offsets are treated on a case-by-case basis depending on the situation. For buyouts where clients are executing ACATs to transition an attrition offset or price discount is required.

COMPONENTS: There are many variations in which deals can be tailored and structured and also restrictions and guard rails. We'll advise on payment structures, ongoing consulting agreements, non-solicitation, and share what’s typical and get creative when needed. The two most common we implement is where the bank either finances 100% or 90% of the acquisition.