Aggregation of Outside Accounts Sample Clauses

Aggregation of Outside Accounts. The client may or may not chose to aggregate outside investment accounts with respect to WeigelFAM reporting and advisory services. Those outside accounts can fall in one of two categories, Assets Under Management or Aggregated Accounts for Financial Planning Purposes Only. For outside accounts, available to be aggregated as Assets Under Management, management fees would apply, and Advisory responsibilities will be undertaken. Agreements will be made as to the availability of discretionary management or the feasibility of efficient advisory services and a negotiated management fee would be agreed to prior to account aggregation. For outside account not available for discretionary management or not desired by the client to be aggregated as Assets Under Management, no management fee will be assessed, and no responsibility can be undertaken by the Advisor. Assets held for financial planning purposes only will be reported on WeigelFAM Financial Planning reports only. Outside Accounts held as Assets Under Management will be managed, monitored, and reported at both the financial planning and performance levels.