Discretionary Management Service Sample Clauses

Discretionary Management Service. 7.1 Your Account comprises personal information about you and your risk profile in addition to different investment objectives in relation to each of our funds (“Funds”) within your overall investment portfolio.
Sample 1
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Discretionary Management Service. We will manage your portfolio with a view to achieving the investment objectives set out in your Application Form, subject to any limits or restrictions which you have specified. We shall have sole, absolute and unlimited discretion on your behalf to manage, buy, sell, retain, convert, exchange or otherwise deal in Designated Investments, cash and other assets, to make deposits, subscribe to issues and offers for sale and accept placing of any investments, execute transactions, effect transactions on any markets, negotiate and execute counterparty and account opening documentation, take all routine or day to day decisions, and otherwise act as we judge appropriate in relation to the management of your portfolio(s), but always subject to the obligations placed on us under FCA Rules regarding suitability and best execution and the requirement for us to act with reasonable skill and care and in good faith. We may commit you to underwrite any issue or offer for sale of securities of whatever nature as we deem to be appropriate without restriction on the category of securities which may be so underwritten and without financial limitation as to the extent of such underwriting. A client that has signed up for a discretionary service may seek advice and instruct us to affect a transaction on their portfolio. We will deem this as being carried out on an advisory basis. We will not buy or sell any investments that have been transacted on an advisory basis without first obtaining your instructions to do so. Advisory Service We will advise you on an on-going basis with regard to both the structure of your overall portfolio and your individual investments, taking into account your investment objectives and risk profile as indicated on your Client Application Form, and subject to any special instructions or restrictions. We will make recommendations to you, where appropriate, however will only act on your instructions.
Sample 1
Discretionary Management Service. Where we have appointed a discretionary fund manager (DFM) to undertake such services to you, they will manage your portfolio (rebalancing or making changes to it as and when they see fit) in accordance with the mandate provided by us as your agent. Xxxxxx Wealth Management LLP will act as your agent and on your behalf in selecting a discretionary management service. This includes acting, generally, in relation to the management of your money and specifically entering into discretionary investment management agreements and giving instructions in connection with investment mandates offered by discretionary managers. Xxxxxx Wealth Management LLP will become the client of the DFM except for arrangements held with Tatton where you are the client of the DFM. Under this arrangement there will be no rights to cancel the discretionary service in respect of such products invested. In the event of any breach by the DFM of their obligations in respect of the management of your portfolio, your right to complain would be against Xxxxxx Wealth Management LLP as your agent and not the DFM. As your agent we have a duty of care to you to ensure that any portfolio we select for you is suitable for your investment aims, having regard to your attitude to risk. A discretionary investment manager appointed by us as your agent will be required to only invest in assets which are suitable to the portfolio we have selected for you. In accordance with our regulatory and fiduciary responsibilities, we will act in your best interests when providing our instructions to a discretionary investment manager in this respect. Arrangement & Implementation Should you instruct us to proceed with any of our recommendations we will act for you in the following ways: • handle all fund and policy administration on your behalf; • provide regular updates to keep you informed of progress; • ensure all your documents are issued in line with your expectations; • provide confirmation of all actions taken on your behalf in writing; • provide written confirmation when no action is required following a review. As mentioned we can charge for this in one of two ways:
Sample 1
Discretionary Management Service. ‌ We will use the information provided by you under the Suitability Assessment Test to manage your account. You may change your financial objectives at any time by updating your account if available or by contacting us by email. You agree that the information we hold about you on your account is an accurate reflection of your financial objectives, investment knowledge and financial situation, unless you notify us of any change you wish to make or where we consider changes are necessary following a periodic review. We will manage your Portfolios on a fully discretionary basis. This means that we will make investment decisions in relation to the cash and Instruments in your Portfolios on your behalf in accordance with information we hold about you on your account. We will take all reasonable steps to manage your Portfolios with due care and skill. We will manage your Portfolios in accordance with the information we hold about you on your account. Provided that we do so, you grant us full authority, at our sole discretion, to enter into any kind of arrangement or transaction on your behalf including investing in any type of Instruments or other assets. For the avoidance of doubt, there will be no limit on the amount of your Portfolios that we may invest in any one Instrument, or on the proportion of your Portfolios that any one Instrument may make up, and there will be no limit or restriction on any particular type of Instrument, or currency, or on the markets on which transactions are carried out. We may make common investment decisions which apply to a number of customer portfolios including your Portfolios. Please see the general description of the nature and risks of the Instruments in which you may invest contained in Risk Disclosure Notice. Please note that we are unable to provide any guarantee as to the performance of any particular investments or a Portfolio as a whole. When we invest for you, we do so in line with our Order Execution Policy, a summary of which is available on our website. Our Portfolios are managed with the aim of maintaining relevant risk and return characteristics or for outperforming a relative performance benchmark.
Sample 1

Related to Discretionary Management Service

  • Investment Services The Sub-Adviser will formulate and implement a continuous investment program for the Fund conforming to the investment objective, investment policies and restrictions of the Fund as set forth in the Prospectus and Statement of Additional Information of the Company as in effect from time to time (together, the "Registration Statement"), the Articles of Incorporation and By-laws of the Company, and any investment guidelines or other instructions received by the Sub-Adviser in writing from the Investment Manager from time to time. Any amendments to the foregoing documents will not be deemed effective with respect to the Sub-Adviser until the Sub-Adviser's receipt thereof. The appropriate officers and employees of the Sub-Adviser will be available to consult with the Investment Manager, the Company and the Directors at reasonable times and upon reasonable notice concerning the business of the Company, including valuations of securities which are not registered for public sale, not traded on any securities market or otherwise may be deemed illiquid for purposes of the ICA; provided it is understood that the Sub-Adviser is not responsible for daily pricing of the Fund's assets. Subject to the supervision and control of the Investment Manager, which in turn is subject to the supervision and control of the Directors, the Sub-Adviser in its discretion will determine which issuers and securities will be purchased, held, sold or exchanged by the Fund or otherwise represented in the Fund's investment portfolio from time to time and, subject to the provisions of paragraph 3 of this Agreement, will place orders with and give instructions to brokers, dealers and others for all such transactions and cause such transactions to be executed. Custody of the Fund will be maintained by a custodian bank (the "Custodian") and the Investment Manager will authorize the Custodian to honor orders and instructions by employees of the Sub-Adviser designated by the Sub-Adviser to settle transactions in respect of the Fund. No assets may be withdrawn from the Fund other than for settlement of transactions on behalf of the Fund except upon the written authorization of appropriate officers of the Company who shall have been certified as such by proper authorities of the Company prior to the withdrawal. The Sub-Adviser will not be responsible for the provision of administrative, bookkeeping or accounting services to the Fund except as specifically provided herein, as required by the ICA or the Advisers Act or as may be necessary for the Sub-Adviser to supply to the Investment Manager, the Fund or the Fund's shareholders the information required to be provided by the Sub-Adviser hereunder. Any records maintained hereunder shall be the property of the Fund and surrendered promptly upon request. In furnishing the services under this Agreement, the Sub-Adviser will comply with and use its best efforts to enable the Fund to conform to the requirements of: (i) the ICA and the regulations promulgated thereunder; (ii) Subchapter M of the Internal Revenue Code and the regulations promulgated thereunder; (iii) other applicable provisions of state or federal law; (iv) the Articles of Incorporation and By-laws of the Company; (v) policies and determinations of the Company and the Investment Manager provided to the Sub-Adviser in writing; (vi) the fundamental and non-fundamental investment policies and restrictions applicable to the Fund, as set out in the Registration Statement of the Company in effect, or as such investment policies and restrictions from time to time may be amended by the Fund's shareholders or the Directors and communicated to the Sub-Adviser in writing; (vii) the Registration Statement; and (viii) investment guidelines or other instructions received in writing from the Investment Manager. Notwithstanding the foregoing, the Sub-Adviser shall have no responsibility to monitor compliance with limitations or restrictions for which information from the Investment Manager or its authorized agents is required to enable the Sub-Adviser to monitor compliance with such limitations or restrictions unless such information is provided to the Sub-adviser in writing. The Sub-Adviser shall supervise and monitor the activities of its representatives, personnel and agents in connection with the investment program of the Fund. Nothing in this Agreement shall be implied to prevent the Investment Manager from engaging other sub-advisers to provide investment advice and other services to the Fund or to series or portfolios of the Company for which the Sub-Adviser does not provide such services, or to prevent the Investment Manager from providing such services itself in relation to the Fund or such other series or portfolios. The Sub-Adviser shall be responsible for the preparation and filing of Schedule 13-G and Form 13-F on behalf of the Fund. The Sub-Adviser shall not be responsible for the preparation or filing of any other reports required of the Fund by any governmental or regulatory agency, except as expressly agreed in writing.

  • Financial Management Services ‌ Definition: Financial Management Services includes the planning, directing, monitoring, organizing, and controlling of the monetary resources of an organization. Examples: Service areas that are included under the Financial Management Services discipline include, but are not limited to the following:

  • Independent Service Provider The services to be performed by Service Provider are those of an independent service provider and not of an employee of the City of Fort Xxxxxxx. The City shall not be responsible for withholding any portion of Service Provider's compensation hereunder for the payment of FICA, Workmen's Compensation or other taxes or benefits or for any other purpose.

  • Management Services The Adviser shall perform (or arrange for the performance by its affiliates of) the management and administrative services necessary for the operation of the Fund. The Adviser shall, subject to the supervision of the Board of Trustees, perform various services for the Portfolio, including but not limited to: (i) providing the Portfolio with office space, equipment and facilities (which may be its own) for maintaining its organization; (ii) on behalf of the Portfolio, supervising relations with, and monitoring the performance of, custodians, depositories, transfer and pricing agents, accountants, attorneys, underwriters, brokers and dealers, insurers and other persons in any capacity deemed to be necessary or desirable; (iii) preparing all general shareholder communications, including shareholder reports; (iv) conducting shareholder relations; (v) maintaining the Fund's existence and its records; (vi) during such times as shares are publicly offered, maintaining the registration and qualification of the Portfolio's shares under federal and state law; and (vii) investigating the development of and developing and implementing, if appropriate, management and shareholder services designed to enhance the value or convenience of the Portfolio as an investment vehicle. The Adviser shall also furnish such reports, evaluations, information or analyses to the Fund as the Fund's Board of Trustees may request from time to time or as the Adviser may deem to be desirable. The Adviser shall make recommendations to the Fund's Board of Trustees with respect to Fund policies, and shall carry out such policies as are adopted by the Trustees. The Adviser shall, subject to review by the Board of Trustees, furnish such other services as the Adviser shall from time to time determine to be necessary or useful to perform its obligations under this Contract.

  • Project Management Services Contractor shall provide business analysis and project management services necessary to ensure technical projects successfully meet the objectives for which they were undertaken. Following are characteristics of this Service:

  • Administration Services When a medical prescription drug is administered by infusion, the administration of the prescription drug may be covered separately from the prescription drug. See Infusion Therapy - Administration Services in the Summary of Medical Benefits for benefit limits and the amount you pay. Prescription drugs that are self-administered are not covered as a medical benefit but may be covered as a pharmacy benefit. Please see Pharmacy Prescription Drugs and Diabetic Equipment or Supplies – Pharmacy Benefits section above for additional information. Site of Care Program For some medical prescription drugs, after the first administration, coverage may be limited to certain locations (for example, a designated outpatient or ambulatory service facility, physician’s office, or your home), provided the location is appropriate based on your medical status. For a list of medical prescription drugs that are subject to this Site of Care Program, visit our website. Preauthorization may be required to determine medical necessity as well as appropriate site of care. If we deny your request for preauthorization, or you disagree with our determination for the appropriate site of care, you can submit a medical appeal. See Appeals in Section 5 for information on how to file a medical appeal.

  • Utilization Management Contractor shall maintain a utilization management program that complies with applicable laws, rules and regulations, including Health and Safety Code § 1367.01 and other requirements established by the applicable State Regulators responsible for oversight of Contractor.

  • Xxxx Payment Service You can arrange, at your option, for the payment of your current, future and recurring bills from your designated Xxxx Pay Account. For Xxxx Payment Service, your Payee list may include utility companies, merchants, financial institutions, insurance companies, individuals, etc. within the United States whom you wish to pay through Xxxx Payment Service. You must include the full name of the Payee and a complete mailing address and telephone number for each Payee, along with your account number with the Payee, the amount of the Payment, and whether the Payment is recurring. The Financial Institution reserves the right to decline to make Payments to certain persons and entities. You agree that any Payment for taxes, Payments that are court-ordered, government payments and Payments outside of the United States are prohibited and you agree that you will not attempt to use the Service to make these types of Payments. On recurring Payments, it is the responsibility of you or your designated authorized users to update Payee account information as necessary to ensure receipt of payment. Payments are posted against your ledger balance, plus the available credit on your overdraft protection, if any, or other line of credit.

  • Payment Services 2.1 If the Payment Services is registered by the Application and the relevant Consents are submitted by the Customer, the Bank shall provide to the Customer the services (the “Payment Services”) of money transfer (“Money Transfer”) between the Accounts and other accounts as registered by the Customer.

  • Account Management 15.1 The Contractor is required to provide a dedicated Strategic Account Manager who will be the main point of contact for the Authority. The Strategic Account Manager will:  Attend quarterly, or as otherwise agreed, review meetings with the Authority, in person at the Authority’s premises or other locations as determined by the Authority  Attend regular catch-up meetings with the Authority, in person or by telephone/videoconference  Resolve any on-going operational issues which have not been resolved by the Contractor or Account Manager(s) and therefore require escalation  Ensure that the costs involved in delivering the Framework are as low as possible, whilst always meeting the required standards of service and quality.

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