Advisor Agreement

An Advisor Agreement allows you to engage an advisor for your business.

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Last updated October 21, 2025

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Suitable for Australia

Advisor Agreement

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What is a advisor agreement?

An advisor agreement is a legal contract between a business or organisation and an advisor, outlining the terms of their professional relationship, including services to be provided, fees, confidentiality, and other obligations.
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When should you use a advisor agreement?

You should use an advisor agreement when engaging an external advisor for business advice, consulting, or specialist services to clearly define expectations, protect interests, and formalise the arrangement.
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What should be in a advisor agreement?

An advisor agreement should include the scope of services, fees, term, confidentiality clauses, intellectual property rights, termination conditions, and responsibilities of both parties.
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Frequently asked questions

What is a advisor agreement?

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When should you use a advisor agreement?

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What should be in a advisor agreement?

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What protections does this agreement provide?

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Are there any limitations for advisors under this agreement?

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What types of advisory services is this agreement suitable for?

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What steps should I take after completing the agreement?

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View Sample Advisor Agreement

Advisor Agreement
risk level indicator at Low level

The Legal Risk Score of a Advisor Agreement Template is Low

Our legal team have marked this document as low risk considering:

  • The agreement can be terminated for convenience.
  • The advisor is required to maintain confidentiality on potentially broad categories of information, posing a risk of liability if any information is unintentionally disclosed.
  • The advisor's status as an independent contractor means they may not receive benefits or protections typically afforded to employees, which could affect their financial and professional security.

This document sets out clear terms that can help prevent misunderstandings and ensure both parties are aware of their obligations, which is generally beneficial in professional agreements. However, the significant transfer of rights and responsibilities primarily towards the company might present higher risks for the advisor compared to agreements that offer more balanced protections and benefits.

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A client agreement will protect your rights, limit your liability and prevent unnecessary disputes. Learn more about client agreement here.

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Want someone to act on your behalf but in your best interests? Agency agreements can do that, so find out what you need to know about them here.

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