Financial Consulting Agreement Sample

A financial consulting agreement is a legal document that outlines the terms and conditions of a consulting relationship between a financial consultant and their client. A well-written financial consulting agreement is essential in protecting both parties and ensuring a successful consulting engagement. In this article, we`ll provide an example of a financial consulting agreement, as well as some tips for writing an effective agreement.

Financial Consulting Agreement Sample

Parties

This financial consulting agreement (“Agreement”) is made and entered into on [Date] by and between [Consultant Name] (“Consultant”), with a business address of [Consultant Address], and [Client Name] (“Client”), with a business address of [Client Address].

Services

Consultant agrees to provide financial consulting services to Client, which may include but not be limited to, financial planning, investment analysis, tax planning, and budgeting. Consultant will work with Client to identify their financial goals and develop a plan to achieve those goals. Consultant agrees to provide these services in a professional and timely manner.

Compensation

Client agrees to pay Consultant for services rendered under this Agreement at the rate of [Rate] per hour. Consultant will provide Client with an invoice for services rendered on a [Weekly/Monthly] basis. Client agrees to pay Consultant within [Number] days of receipt of the invoice.

Term and Termination

This Agreement will commence on [Date] and will continue until terminated by either party upon [Number] days written notice. Either party may terminate this Agreement at any time for any reason. Upon termination, Consultant will provide Client with a final invoice for services rendered.

Confidentiality

Consultant agrees to maintain the confidentiality of all information provided by Client in connection with this Agreement, including but not limited to, financial statements, tax returns, and investment information. Consultant will not disclose any information to any third party without the express written consent of Client.

Indemnification

Client agrees to indemnify and hold Consultant harmless from any and all claims, liabilities, damages, costs, and expenses (including reasonable attorney fees) arising out of or in connection with this Agreement or the services provided hereunder.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the state of [State]. Any disputes arising under this Agreement shall be heard in the courts of said state.

Entire Agreement

This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior negotiations, representations, or agreements, whether oral or written.

Tips for Writing an Effective Financial Consulting Agreement

1. Clearly define the scope of services: It`s important to clearly outline the specific financial consulting services that will be provided to the client.

2. Include payment terms: Make sure to outline the payment terms, including the rate and frequency of invoicing.

3. Consider confidentiality: Financial consulting can involve sensitive financial information, so it`s important to address confidentiality in the agreement.

4. Address termination: Make sure to outline the process for terminating the agreement, including notice requirements.

5. Include indemnification language: Indemnification language can protect both parties in the event of any legal claims arising from the consulting engagement.

By following these tips and using the sample agreement provided, you can create a strong financial consulting agreement that protects both parties and sets the stage for a successful consulting relationship.