Advisor Compensation. The Advisor will receive the following compensation for its services:
Advisor Compensation a. Advisor’s annual fee for investment management services provided under this Agreement will be based on a percentage of the market value of Assets under management in accordance with the fee schedule (see enclosed Exhibit A). This annual fee will be prorated and paid quarterly, in advance, based on market value of Assets on last business day of the previous quarter. No increase in annual fee percent- age will be effective without prior written notification to Client.
Advisor Compensation. The annual fee (“Fee”) for the services provided under this Agreement shall be a percentage of the market value of the Assets under management in accordance with the fee schedule specified in Exhibit A. The Fee shall be prorated and paid quarterly, in advance or in arrears, depending on your selection and based upon the market value of the Assets held during the calculation period. When a new account is implemented during a quarter, KWA will prorate the Fee and bill in arrears on such new account at the time of the initial quarterly billing. KWA reserves the right to bill an additional Fee if Assets are added to the Accounts during a quarter. No change in the Fee schedule shall be effective without prior written notification to you. Lower fees for comparable services may be available from other sources. For further information, please see Form ADV, Part 2A. You hereby authorize KWA to invoice the Custodian for the payment of fees as determined in accordance with the terms and conditions of this Agreement and to agree to have the Custodian automatically deduct from your Account the Fee amount stated as due in our invoice. The fees billed may include fees for management of accounts held elsewhere if such accounts are included in this Agreement. XXX is unable to bill accounts held elsewhere other than through the Custodian. After the end of each calendar quarter, you may request that Advisor provide to you via a Client Portal a bill showing the amount of the Fee, the value of the Assets on which the Fee was based, and the specific manner in which the Fee was calculated. KWA shall also instruct the Custodian to send you a statement, at least quarterly, indicating all amounts disbursed from the Account, including the amount of fees paid directly to us. We recommend you verify the accuracy of the Fee calculation. The Custodian will not determine whether the Fee is accurate or properly calculated. In addition to the Fee, you may also incur additional expenses such as Custodian transaction costs, mutual fund fees, and other Custodian trading costs. Neither Advisor nor its representatives receive any portion of these other expenses. No portion of our compensation shall be based on capital gains or capital appreciation of the Assets, except as provided for under the Investment Advisers Act of 1940 (“the Advisers Act”). The Client understands that Advisor as well as affiliates of Advisor may provide services to the Accounts or in connection with transactions for the ...
Advisor Compensation. Your advisor is an employee of Xxxxxx Xxxxx, and all com- pensation to the advisor will be paid, directly or indirectly, through Xxxxxx Xxxxx. The advisor will not bill clients directly for any services. All payments for investments to be pur- chased must be made payable to Xxxxxx Xxxxx and not to the advisor. Please note that Xxxxxx Xxxxx does not accept cash deposits. The compensation received by your advisor may include one or more of the following: • A base salary • A share of fees and commissions earned on various securi- ties and insurance products • A share of trailing commissions earned on certain products such as mutual funds and insurance policies • A share of referral fees paid by some product partners • Bonuses and incentives paid by Xxxxxx Xxxxx based on the profitability of the advisor’s branch, or based on achieving certain goals • A share of profits generated by Xxxxxx Xxxxx and its affiliated entities if the advisor is a limited partner or general partner of The Xxxxx Financial Companies, L.L.P. A share of profits generated by Xxxxxx Xxxxx and its affiliated entities deposited to the firm’s deferred profit sharing plan.
Advisor Compensation. (a) Adviser’s fee for the service provided under this Agreement is set forth on Schedule “B” which is annexed hereto and made a part hereof. This annual fee shall be payable, quarterly in advance. There is an Initial Engagement Fee as follows: $2,000 upon execution of this agreement $2,000 upon delivery of the Investment Policy Statement Quarterly billing of the ongoing Investment Advisory Fee (Schedule B) will begin on the delivery, transfer and implementation of the Investment Policy. For the first quarter, the billing will be reduced by any Initial Engagement Fees already paid. Should the client elect not to implement the firm’s recommendations subsequent to the delivery of the Investment Policy, no further charges will be incurred above the full Initial Engagement Fee.
Advisor Compensation. The Trustees, including a majority of the Unaffiliated Trustees, shall at least annually review generally the performance of the Advisor in order to determine whether the compensation which the Trust has contracted to pay to the Advisor is reasonable in relation to the nature and quality of services performed and whether the provisions of the advisory contract with the Advisor are being carried out. Each such determination shall be based on such of the following and other factors as the Trustees (including the Unaffiliated Trustees) deem relevant and shall be reflected in the minutes of the meetings of the Trustees:
Advisor Compensation. In consideration for the Advisor Services during the Term, Chairman shall receive the following:
Advisor Compensation. (a) Adviser’s fee for the service provided under this Agreement is set forth on Schedule “B” which is annexed hereto and made a part hereof. This annual fee shall be payable, quarterly in advance. Payments, in accordance with Schedule B, will commence on the initial investment of the Investment Only Portfolio (s).
Advisor Compensation a. Advisor’s annual fee for investment management services provided under this Agreement shall be based upon a percentage (%) of the market value of the Assets Under Management (“AUM”) for all accounts placed under the management of Advisor, now or in the future. This fee shall be set at % unless specific accounts have a different fee set in either the fee schedule in a custodian’s account paperwork for that account(s) opened or assumed under management, or the fee schedule in this agreement in section 2 (e). This annual fee shall be prorated and paid quarterly, in advance, based upon the market value of the Assets on the last business day of the previous quarter. No increase in the annual fee percentage shall be effective without prior written notification to Client;
Advisor Compensation. During the fund's fiscal year ended December 31, 2002, the advisor received compensation of 0.63% of the fund's average daily net assets. PORTFOLIO MANAGERS The advisor uses a team approach to investment management. The individual members of the team who are primarily responsible for the fund's portfolio are as follows: - Lanny H. Sachnowitz (lead manager), Senior Portfolio Manager, who hxx xxxx xxxxxxxxxle for the fund since 2002 and has been associated with the advisor and/or its affiliates since 1987. - James G. Birdsall, Portfolio Manager, who has been responsible for xxx xxxx xxxxx 2003 and has been associated with the advisor and/or its affiliates since 1997. - Monika H. Degan, Senior Portfolio Manager, who has been responsible xxx xxx xxxx since 1998 and has been associated with the advisor and/or its affiliates since 1995. They are assisted by the Large Cap Growth Team. More information on the fund's management team may be found on our website (http://www.aiminvestments.com). -------------------- AIM V.I. GROWTH FUND -------------------- OTHER INFORMATION -------------------------------------------------------------------------------- PURCHASE AND REDEMPTION OF SHARES The fund ordinarily effects orders to purchase and redeem shares at the fund's next computed net asset value after it receives an order. Life insurance companies participating in the fund serve as the fund's designee for receiving orders of separate accounts that invest in the fund. Shares of the fund are offered in connection with mixed and shared funding, i.e., to separate accounts of affiliated and unaffiliated life insurance companies funding variable annuity contracts and variable life insurance policies. The fund currently offers shares only to insurance company separate accounts. In the future, the fund may offer them to pension and retirement plans that qualify for special federal income tax treatment. Due to differences in tax treatment and other considerations, the interests of variable contract owners investing in separate accounts investing in the fund, and the interests of plan participants investing in the fund, may conflict. Mixed and shared funding may present certain conflicts of interest. For example, violation of the federal tax laws by one separate account investing in a fund could cause owners of contracts and policies funded through another separate account to lose their tax-deferred status, unless remedial actions were taken. The Board of Trustees of the fund wi...
