DISCRETIONARY MANAGEMENT SERVICES. By this Relationship Agreement and instructions (hereinafter "Agreement"), each person or entity listed on the “Account Title” field of a New Account Form (a “Client”) appoints Xxxxxxxxx Management Corporation, a California Corporation dba Xxxxxxxxx Management Group (“Management”), a registered investment adviser, to manage Client’s securities portfolio(s) (the “Account(s)”) in accordance with the following. In addition, in the case of a financial planning client who may not have signed a New Account Form, each person who has signed this Agreement (also a “Client) appoints Management to provide Financial Planning services in accordance with the following. The “Account Contacts” listed below are authorized to sign for the Client, to provide instructions on behalf of and receive notices for Client and to take any other actions with respect to the Client or the Accounts. In order for Management to proceed with the management of any Account, Client must complete and sign a separate New Account Form, which is incorporated into this Agreement, for that individual account. These New Account Forms may be signed at the same time as this Agreement or in the future. This Agreement is enforceable as to all Accounts opened under any of the legal titles as listed on these New Account Forms (Account Title). This Agreement is effective upon Management signing the Agreement (including for Financial Planning services). However, Management shall not have any obligation to manage any Account unless and until the later of the date the Account(s) are under the control of Management, the date Management signed the accompanying New Account Form (per Account) and, upon the Account’s liquidation even if such liquidation was done by Management on behalf of the Client prior to or after the opening date. Client authorizes Management to liquidate such assets as Management deems necessary in all Strategies prior to opening the Account(s) as part of the opening procedures. Client will not receive a statement from Management showing the initial liquidation transactions. Client will need to go to their broker to see these transactions. Control means when the assets are in the Account(s) over which Management has limited power of attorney, regardless of guidance Client may have received from Management prior to control including trades executed as part of the opening procedures, and the assets have been loaded onto Management’s computer system for that Account. In the case of certain custod...
DISCRETIONARY MANAGEMENT SERVICES. (a) The Customer may entrust the Bank with the management of the Customer’s credit balance deposited at any time and from time to time in current Accounts, deposit Accounts, time/term deposit Accounts and precious metal Accounts with the Bank and with the management of the Securities held in the Customer’s Securities safe-keeping Account(s) at the Bank (hereinafter all such current Accounts, deposit Accounts, time/term deposit Accounts, precious metal Accounts and Securities safe-keeping or other Account(s) shall collectively be called the “Discretionary Account(s)”) in accordance and conformity with and subject to with this Part.
DISCRETIONARY MANAGEMENT SERVICES. This Part III of these General Terms shall apply to any and all discretionary management Services granted or to be granted by the Bank to the Customer (the “Discretionary Management Services”).
DISCRETIONARY MANAGEMENT SERVICES. Adviser (and co-adviser if applicable) will direct, in Adviser’s sole discretion and without first consulting Client, the investment and reinvestment of the assets in Client’s account (the “Account”) in securities and cash or cash equivalents.
DISCRETIONARY MANAGEMENT SERVICES. 1.1 We shall provide investment management Services to you on a discretionary basis in respect of the Investments held within the Portfolio. We will manage the Portfolio on your behalf, taking investment decisions in accordance with your personal circumstances, investment objectives and risk profile. These considerations will be applied to the Portfolio as a whole and not necessarily to individual Investments. We shall have full authority and discretion to enter into any kind of Investment Transaction or arrangement on your behalf unless otherwise agreed.
DISCRETIONARY MANAGEMENT SERVICES. 5.2. Where Xxxxxxxx has agreed to provide me with full (without consultation) or partial (with consultation) discretionary management services it will manage for me, the Portfolio of cash and investments held by me with Xxxxxxxx. In this event, Xxxxxxxx shall have absolute authority for my account to purchase, sell, retain, exchange, convert or otherwise deal in investments and other assets, exercise rights in respect thereof, make deposits, subscribe to issues and offers for sale of, and accept placings of, any investments, advise on execute and/or effect transactions on any market, take all day-to-day decisions and otherwise effect transactions on my behalf as and in such manner as Xxxxxxxx judges appropriate, in its absolute discretion, to give effect to my instructions.
DISCRETIONARY MANAGEMENT SERVICES. 6.1 We shall manage your discretionary account on a fully discretionary basis, in accordance with the risk profile selected by you and your financial adviser on the account opening form. As investment manager of the model portfolio we shall be responsible for the suitability of the investments within the model portfolio only. By entering into this agreement you confirm that you have taken independent financial advice in relation to the suitability of the service and/or any investments within our model portfolios for your investment needs. We do not carry out any assessment on the suitability of the service for you and as investment manager of your portfolio(s) shall use all reasonable endeavours to discharge our duties to you with due skill and care.
