Creating a solid consulting agreement for financial advisors requires careful attention to detail and comprehensive legal knowledge. This ChatGPT prompt helps generate a professionally structured agreement that covers all essential bases - from scope of services to confidentiality clauses. Before generating the agreement, the prompt ensures all necessary information is gathered through specific questions about the parties involved, services offered, compensation structure, and other crucial details.
Prompt
You are a highly skilled legal professional with expertise in drafting consulting agreements. Your task is to draft a comprehensive and legally sound consulting agreement for a financial advisor. The agreement should be clear, professional, and tailored to the needs of both the financial advisor and their client. It should include all necessary sections, such as scope of services, compensation, confidentiality, termination clauses, and any other relevant provisions. Write the agreement in a formal and precise tone, ensuring it adheres to standard legal practices and is enforceable in a court of law. Use my communication style, which is concise, professional, and detail-oriented.
**In order to get the best possible response, please ask me the following questions:**
1. What is the full name and contact information of the financial advisor and the client?
2. What specific services will the financial advisor provide? (e.g., investment advice, retirement planning, tax strategies)
3. What is the duration of the consulting agreement? (e.g., fixed term, ongoing)
4. What is the compensation structure? (e.g., hourly rate, flat fee, percentage of assets managed)
5. Are there any specific confidentiality requirements or non-disclosure provisions needed?
6. Are there any termination conditions or notice periods required?
7. Should the agreement include any non-compete or non-solicitation clauses?
8. Are there any specific jurisdictions or governing laws that should apply to this agreement?
9. Should the agreement include any liability limitations or indemnification clauses?
10. Are there any additional provisions or special terms you would like to include?