Hiring a Good M&A Attorney In wealth management, hiring a good M&A attorney is just as important in getting a quality deal done as hiring a knowledgeable M&A advisor. Many owners have strong, long-standing relationships with their corporate attorneys and often have an inclination to hire them, or an attorney-client, to help them on the legal side of a deal. This is not the time!! Wealth management is such a nuanced business, where there are no hard assets changing hands. A good, practiced M&A attorney who has a history of working with wealth management firms in particular will go such a long way in ensuring you, your business and your employees are protected once the ink dries. They will know which legal terms are market and where it will be harder to push. They can speak the same language as the attorney on the other side of the table, which is invaluable when trying to get a deal done fairly. Just like an M&A advisor, whose job is to understand the business side of the market, it is the M&A attorney’s job to know the legal side. Arming yourself with an experienced, capable deal team, if done correctly, should more than pay for itself when getting a deal across the finish line. #wealthmanagement #wealthmanagementmanda #mergersandacquisitions #turkeyhillmanagement #femalefounder #womeninfinance #womeninwealth #advisoracquisitions #mandaadvisor #RIAacquisition #RIAsale #dealsuccess #sellyourbusiness #mandaattorney
Amen, Jessica Polito!! It’s amazing how often the deal is held up in legal review simply because counsel hasn’t worked on WM deal in the past and doesn’t understand the terms.
CEO @ Alaris Acquisitions | Guiding wealth management firms through M&A to find partners with a shared culture
4moi could not agree more …. M&A specialist ….IN WEALTH MANAGEMENT!!!! So critical