Dec 19, 2017
Mauricio J. Rauld is a PPM
Lawyer and the founder and CEO of Premier Law Group. He is a nationally recognized expert in asset
protection and private placements. He represents and educates
investors from all around the world. He also assists with raising
capital and ensures compliance with SEC, State rules, and
He has been a California
licensed attorney for 18 years and specializes in security laws. He
helps entrepreneurs like me, raise capital to go on and do bigger
and better deals. He has been doing this for 15 years and has
helped raise over $150 million dollars. He is just really
laser-focused on this particular area of the law which is very
Topics on Today’s
- Syndication is the pooling of resources.
Usually money to make an investment as a team.
- Providing other resources than money are also
valuable to the investing team.
- Taking money from others to manage is a
security. The structure doesn't matter if you are selling a
security, you have to comply with all of the security
it comes to structure we will figure a way to do it.
can get creative and make someone part of a deal, but you can’t
just give them a side commission.
- Register syndication with the FCC, or find an
exemption to registration, or else it is illegal.
- Registering the syndication is a long and
expensive option and your last choice.
don’t want to accidently do an illegal offering like failing to
best option is #2 which is finding the right exemption for your
Reg D exemption. These allow you to raise an unlimited amount of
accredited investor has a net worth of over a million dollars.
These are private, you can’t advertise.
1933 act prohibition against marketing a non registered
can only accept accredited investors.
must take reasonable steps to verify that they are
Harbor Provision of taking reasonable steps to verify.
are also third party verification companies.
- Getting an acquisition fee, all of costs, costs
of buying, as long as it is disclosed it can be part of the
you don’t have the money, but you have the other skills, you find
someone and do a partnership and they put up the money, and get
paid back at the end. They can also be the lead
- Corey’s 12.7 million dollar deal.
- Having earnest money sitting around to lock up
a deal. Once the due diligence is done.
- Emotional quotient and ability to handle
stress. CQ or curiosity quotient helps you learn the process. so
you can recall things.
or private placement memorandum. It tells you every single way that
you can lose your money.
is protection for the investor and the syndicator. Because the
market can turn and sometimes deals don’t go as
PPM is mandatory with non accredited investors. Only accredited
investors it is not required but they do need a complete
deal is different. The same PPM can’t be used on every deal. You
need to do underwriting to understand what disclosures need to be
Diligence checklist. Lack of PPM. This is a red flag, cutting
corners, and possibly illegal.
- Attention needs to be paid to the whole process
of syndication, and it should never be done alone.
Links and Resources
“It’s not all about money. Time,
relationships, and credit are also valuable resources.” Mauricio
“Anytime you are taking money
from another person with an expectation of managing it, that is a
security.” Mauricio Rauld
“Most lawyers like to talk. In a
business like this, it is better to listen.” Mauricio
“If you can find other people
with money to invest, you can make bigger deals faster, but you
have a fiduciary responsibility to those people and that money.”
“We only do fat deals. If you do
fat deals and they get skinny everyone is still happy.” Corey
“Less equals more. The less I
have to work and not do stupid crap like pushing paper the better.”
Don’t forget to download
my Free Workshop Quickstart Video
Series, and if you like
what you have heard please
leave a review on
iTunes. On the next
episode, I am going to give a quick shout out to some of my