Syndication Onboarding Overview

Congratulations on starting your syndication with Avestor! We’re excited to support you as you raise capital using the Syndication structure on our platform. Syndications differ slightly from Customizable Funds, but we’ve outlined a streamlined checklist below to keep you focused and on track.

Please download our Syndication Onboarding Checklist as well

Syndication Onboarding Overview

This article provides a high-level overview of the syndication onboarding process on Avestor. Onboarding is designed to guide sponsors from initial information gathering through legal setup and ultimately launching their first investor-ready offering inside the Avestor portal.

The process is broken into three primary phases, with two legal paths depending on whether you are using Avestor’s recommended legal partners or your own attorney.

📄 Phase 1: Information Gathering & Portal Setup

Goal: Collect required compliance information and grant you access to your syndication portal.

During this phase, you will complete the initial questionnaires and gain access to the Avestor platform. These steps allow our team to begin setting up your portal and preparing for legal and offering configuration.

What You’ll Complete

Bad Actor Questionnaire
Required for each syndicator involved in the syndication to meet SEC compliance requirements.

Syndication Portal Onboarding Questionnaire{target=“_blank”}
Collects core details about your syndication structure, team, and strategy.

Branding Graphics
You will need three images - a logo, banner, and web image.

Read the branding article to get exact specs for the images.

Send your graphics to demeris@avestorinc.com

Portal Access
You will receive login instructions via email to access your syndication portal. Look for an email from support@avestorinc.com

Slack & Mastermind Access (Premium Only)
Premium syndications will receive access to Avestor’s Slack community and mastermind events.

Once Phase 1 is complete, your account is ready to move into legal setup.

⚖️ Phase 2a (Optional): Legal Setup with Avestor’s Partner Attorney

You will complete either Phase 2a or Phase 2b, depending on whether you are using Avestor’s recommended attorneys or your own outside counsel.

Complete this phase only if you do not already have syndication legal documents.

Goal: Form entities, prepare legal documents, and complete SEC-related requirements.

What Happens in This Phase

• Attend the attorney engagement call
• Sign the engagement letter and pay legal fees
  (Legal work does not begin until both are complete.)
• Pay for LLC order summaries. Separate orders are required for:

-The syndication entity

-The syndication management entity

• Obtain EIN letters and confirm states of formation

• Open bank accounts for both entities

• Notarize a Power of Attorney (required for Form D filing)

• Review and sign:

-Syndication Management Operating Agreement

-PPM package (PPM, Operating Agreement, Subscription Agreement)

• Accept administrator access to your EDGAR Next account
  (Acceptance emails are time-sensitive and must be accepted within two weeks.)

Once legal documents are executed, they are uploaded to your Avestor portal.

Phase 2b: Outside Legal Engagement

Complete this phase if you are already working with your own attorney and have legal documents prepared.

Goal: Ensure Avestor has all required legal, entity, and banking documentation.

What You’ll Provide

• States of formation for both entities

• EIN letters for both entities

• PPM Package
  -PPM
  -Syndication Operating Agreement
  -Subscription Agreement

• Executed Syndication Management Operating Agreement

• Banking instructions for both entities
  (Must include ACH and wire instructions on bank letterhead.)

• Form D filing information
  If you are unsure or. uncomfortable how to file a Form D, Avestor strongly recommends engaging a licensed securities attorney.

Once documents are reviewed and confirmed, you may proceed to offering setup.

Phase 3: Offering Setup & Launch

This phase is where your syndication becomes investor-ready inside the Avestor platform.

Phase 3a: Offering Setup – Syndication Information

Goal: Enter required entity, legal, and banking details.

What You’ll Do

• Watch Avestor’s training video on setting up your first offering

• Enter required entity information for both entities, including:

-Legal name
-Entity type
-Formation date
-State of formation
-EIN
-Registered address

• Send your PPM package (PPM, Syndication Operating Agreement, Subscription Agreement) to support@avestorinc.com
• Sign PPM documents if not already executed with Avestor
• Add banking and mailing instructions
• Enter Form D (EDGAR) information
  (Optional, but highly advised to avoid SEC penalties.)

Phase 3b: Offering Setup – Investor-Facing Offering Page

Goal: Build and publish your investor-facing offering page.

What You’ll Configure

• Add additional user access (optional)

• Build the offering page (your digital pitch book)

• Toggle the offering ON to make it visible to investors

• Add content sections such as:
  -Executive Summary
  -Sponsor Bios
  -Pro Forma
  -Investment Thesis

• Upload supporting documents:
  -Pitch decks
  -Financial models
  -Spreadsheets
  -Additional disclosures

• Upload images (required) and videos (optional)

Once this phase is complete and the offering is turned on, your syndication is officially live and ready to accept investors.

🚀 Phase 4: You’re Launched!

Invite Investors to begin accepting capital!

Need Help?

If you have questions at any stage of onboarding, reach out to support@avestorinc.com or book time with your onboarding manager for guided support.