Main SiteKnowledge Base

Someone is asking me to pay a fee or retainer before they provide additional information. Is this unusual?

Modified on: May 18th, 2018

It’s very common for intermediaries to ask for a retainer when they are being hired to to conduct an open-ended acquisition search. But it’s very unusual for an intermediary to ask for a retainer before providing information on a single business. This is a major red-flag, and we advise against doing it.

Was this article helpful?