assets under administration means the assets under administration of the business of a Member as prescribed by the Board of Directors from time to time in accordance with Section 14.1;
assets under administration means the assets under administration of the business of a Member as prescribed by the Board of Directors from time to timemarket value of all mutual funds reflected in the client accounts (nominee and client name) of a Member in all provinces of Canada, excluding Quebec;
assets under administration means financial properties that are managed by a bank or financial institution on behalf of clients.
More Definitions of assets under administration
assets under administration means, at a given time, the value of all assets held on Securities Corp’s brokerage platform for which any Company Entity is the investment adviser, broker-dealer or agent of record.
assets under administration means the market value of all mutual funds reflected in the client accounts (nominee and client name) of a Member in all provinces of Canada, excluding Quebec;
assets under administration means, as of any date of determination, the value of assets, other than assets held in no fee cash accounts, of any Person, including, but not limited to, all Customers, (no matter where such assets are located, including, but not limited to, assets held by mutual funds, insurance carriers, and annuity carriers, and assets held on Xxxxxxx Xxxxxx’x platform, BNY Mellon’s Pershing platform, Fidelity Investments’ platform or National Financial Services LLC’s platform) for which the Company or any of the Subsidiaries are the investment adviser, insurance provider, brokerage firm, agent of record or other similar adviser or service provider. Notwithstanding the foregoing, the cash values of fixed annuity contracts and cash values of life insurance contracts are excluded from the definition of “Assets Under Administration.”
assets under administration means, as of any date of determination, the aggregate value of assets (expressed in US Dollars) of any Person held on the Company’s or any Subsidiaries’ National Financial Services LLC’s platform for which the Company or any of the Subsidiaries are, as of the date of determination, the adviser, broker-dealer, or agent of record (the “NFS Platform”), excluding the aggregate value of certain assets or categories of assets (expressed in US Dollars) as set forth on Schedule I hereto; provided that in determining Assets Under Administration, the aggregate value of assets will be included regardless of account status or account size but excluding from such determination the value of any assets where the adviser, broker-dealer or agent of record had prior to such date of determination indicated an intent, sent in writing to the Company or any of the Subsidiaries, or received verbally by the Knowledge Group, to cease its relationship with the Company or any of the Subsidiaries. Notwithstanding the foregoing, the calculation of Assets Under Administration shall also include the value of any assets that are attributable to or under the management of the departing adviser, broker-dealer or agent of record that is departing above if the adviser, broker-dealer or agent of record has contractually agreed (or the Assets Under Administration cannot be transferred due to the nature of the adviser’s, broker-dealer’s or agent of record’s departure) that such Assets Under Administration attributable to or under the management of the departing advisor, broker-dealer or agent of record shall remain with the Company or any of its Subsidiaries following the departure of the adviser, broker-dealer or agent of record from the Company or any of its Subsidiaries. Additionally, for purposes of determining Assets Under Administration as of the Closing Determination Date, the value of any assets attributable to an adviser, broker-dealer or agent of record joining the Company or any of its Subsidiaries shall be included in the calculation of Assets Under Administration as of the Closing Determination Date if such individual has contracted, in writing, to join the Company or its Subsidiaries and the proposed assets to be included in the calculation have been verified by supporting commission statements and statements of assets under administration on such adviser’s, broker-dealer’s or agent of record’s existing platform.
assets under administration means, as of any date of determination, the value of assets, other than assets held in no fee cash accounts, of any Person, including, but not limited to, all Customers, (no matter where such assets are located, including, but not limited to, assets held by mutual funds, insurance carriers, and annuity carriers, and assets held on Charles Schwab’s platform, BNY Mellon’s Pershing platform, Fidelity Investments’ platform or National Financial Services LLC’s platform) for which the Company or any of the Subsidiaries are the investment adviser, insurance provider, brokerage firm, agent of record or other similar adviser or service provider. Notwithstanding the foregoing, the cash values of fixed annuity contracts and cash values of life insurance contracts are excluded from the definition of “Assets Under Administration.”
assets under administration means, at any relevant time, the aggregate principal amount of the Mortgages in the Portfolio.
assets under administration means total assets held in Client accounts managed or serviced by Company Advisors, including, without duplication, all such assets in discretionary and non-discretionary Client accounts managed or serviced by Company Advisors pursuant to an Investment Advisory Agreement and all such assets in Client accounts subject to a brokerage agreement.