Financial Advisory Agreement

It is important to read this section carefully so that you understand exactly what you are paying for, so that there is no misunderstanding. For example, you can expect your advisor to offer investment advice for facilities you own that the advisor does not manage. But if your agreement explicitly says they don`t, that`s something you want to know in advance. Preservation and brokerage agreements: as mentioned above, the client creates the account with the custodian. The administrator, not BrightPlan, retains the client`s assets. BrightPlan has negotiated with the administrator that the administrator charges the client a simple, flat, asset-based annual fee, which is billed quarterly directly to the account and covers all deposit and brokerage fees. The client should check his separate agreement with the administrator to obtain additional information about the fees charged by the administrator to the account and the other terms of the client`s agreement with the administrator. An investment advisory agreement can be helpful so you fully understand what your financial advisor will do for you. But don`t ignore it and sign without reading it first.

This may take time, but it can help you avoid headaches on the line. And if there`s something in the agreement that you don`t understand, don`t hesitate to ask your advisor for a detailed explanation. Your contract may also contain a section indicating which of your accounts or assets should be managed by the advisor. To complete this section, you need to include the name in the account, the type of account and the account number. Keep in mind that all assets that are not listed in the agreement are part of what your advisor manages. At the end of this document, you will also see a place where you can sign and date the agreement. Your advisor will sign it and date it. By signing the agreement, you recognize that you receive, accept and accept the conditions outlined in the document.

Additional customer guarantees: The customer ensures and guarantees that the Customer has the full power and power to execute, contract, execute and execute the Client`s obligations under this Agreement. The Customer also guarantees that the agreement has been duly authorized, executed and delivered by the Customer and is the legal, valid and binding agreement of the Customer which is applicable to the Customer in accordance with its terms and that the terms of that agreement do not contra in an obligation to which the Customer is bound. If the client is a limited company, limited liability company, corporation, trust or other legal entity, the Client assures and guarantees that the person executing this Contract on behalf of the Client has been duly authorized to do so.