What does it cost to hire an M&A advisor in Canada in 2026, and what should business owners expect when preparing to sell or acquire a company? This podcast explores the typical costs of mergers and acquisitions advisory services, helping Canadian business owners understand how advisor fees work and how these expenses can affect the overall value of a transaction. Learn why choosing the right advisor and understanding the fee structure are important steps toward a successful deal. Discover the three main components of M&A advisory fees: monthly retainers, performance-based success fees, and reimbursement of out-of-pocket expenses. The discussion examines how transaction size, market conditions, advisor experience, industry specialization, and negotiation power influence pricing. It also explores the Lehman Formula and illustrates how success fee percentages can vary across different transaction values, providing a practical foundation for evaluating advisor proposals. Whether you are planning to sell your business, pursue an acquisition, or explore strategic growth opportunities, this podcast will help you ask the right questions before signing an advisory engagement. Gain insights into negotiating fee arrangements, clarifying the scope of services, and understanding the costs involved so you can make more informed decisions and protect the value of your transaction.