Common use of Soft commission agreements Clause in Contracts

Soft commission agreements. A soft commission agreement is, in broad terms, an agreement between an investment manager and a broker, under which the manager receives the benefit of certain investment related services in return for using the broker to effect transactions for a customer portfolio. The services concerned can include the broker providing valuation or safe custody services. We do not enter into any soft commission agreements nor do we currently intend to. If circumstances change, we will write to you with details.

Appears in 13 contracts

Samples: fimcapital.co.im, fimcapital.co.im, fimcapital.co.im

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.