Common use of Scope of Wealth Management Service Clause in Contracts

Scope of Wealth Management Service. 2.1 In respect of the portion of the Account which is to be managed on a full discretionary basis as selected by you on the Platform (“Discretionary Portfolio”), you grant us full authority on your behalf to invest such Discretionary Portfolio in any investments as we may in our discretion consider advisable including purchasing or selling investments at such time and at such prices and on such terms as we see fit and to instruct the remittance of monies from such Discretionary Portfolio for any purpose related to the management of such Discretionary Portfolio upon the terms and conditions set out in this Agreement and otherwise to deal with such Discretionary Portfolio as we in our absolute discretion consider advisable and generally to exercise on your behalf all powers in relation to such Discretionary Portfolio which you could exercise if personally managing the Account. We may, on behalf of the Account, do any act or execute any document or enter into any contract or agreement we deem necessary or desirable for the management of the Account herein.

Appears in 6 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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