Maine Sub-Advisory Agreement between Touchstone Advisors, Inc. and Opcap Advisors

• Category: Corporations - Public - Advisory
• State: Multi-State
• Control #: US-EG-9141
• Format: Word; Rich Text

Description

Sub-Advisory Agreement between Touchstone Advisors, Inc. and Opcap Advisors dated January 1, 1999. 8 pages Maine Sub-Advisory Agreement between Touchstone Advisors, Inc. and OPCA Advisors: A Maine Sub-Advisory Agreement is a contractual arrangement between Touchstone Advisors, Inc. (the "Primary Advisor") and OPCA Advisors (the "Sub-Advisor") to provide investment advisory services to clients in the state of Maine. This agreement outlines the roles, responsibilities, and terms of the relationship between the two parties. Key Terms and Provisions: 1. Parties: The agreement establishes Touchstone Advisors, Inc. as the primary investment advisor and OPCA Advisors as the sub-advisor. 2. Scope of Services: The agreement defines the specific services to be provided by the sub-advisor, which may include investment research, portfolio management, and other related activities. 3. Objectives and Restrictions: The agreement outlines the investment objectives, risk tolerance, and any specific investment restrictions set by the primary advisor or regulatory requirements. 4. Investment Authority: The sub-advisor is granted limited authority to make investment decisions on behalf of the primary advisor's clients in accordance with the agreed-upon investment strategy. 5. Compensation: The agreement outlines the fee structure for the sub-advisory services provided, typically a percentage of assets under management or a fixed fee. 6. Reporting and Monitoring: The sub-advisor is required to provide regular reports to the primary advisor, including performance updates, compliance reports, and any material changes in investment strategies. 7. Termination: The agreement specifies the conditions and procedures for termination, including notice periods and circumstances that may lead to termination. Types of Maine Sub-Advisory Agreements: 1. Long-Term Sub-Advisory Agreement: This type of agreement establishes a long-term partnership between Touchstone Advisors, Inc. and OPCA Advisors, where the sub-advisor provides ongoing investment advisory services to the primary advisor's clients in Maine. 2. Project-Specific Sub-Advisory Agreement: In certain cases, the sub-advisor may be appointed for a specific project or assignment, such as providing research support for a new investment strategy launch or assisting with a client-specific portfolio. 3. Limited Duration Sub-Advisory Agreement: This type of agreement is established for a defined period, typically for a specific investment strategy or market conditions. It allows the primary advisor to leverage the sub-advisor's expertise temporarily. 4. Revolving Sub-Advisory Agreement: A revolving sub-advisory agreement allows the primary advisor to engage multiple sub-advisors consecutively or concurrently, leveraging specialized skills and diversifying risk for their clients. Conclusion: The Maine Sub-Advisory Agreement between Touchstone Advisors, Inc. and OPCA Advisors details the contractual arrangement and terms for the provision of investment advisory services in the state of Maine. By defining the roles, responsibilities, compensation structure, and termination provisions, the agreement ensures clarity and transparency in the sub-advisory relationship. Different types of sub-advisory agreements exist, including long-term, project-specific, limited duration, and revolving agreements, each catering to specific needs and objectives.

Maine Sub-Advisory Agreement between Touchstone Advisors, Inc. and OPCA Advisors: A Maine Sub-Advisory Agreement is a contractual arrangement between Touchstone Advisors, Inc. (the "Primary Advisor") and OPCA Advisors (the "Sub-Advisor") to provide investment advisory services to clients in the state of Maine. This agreement outlines the roles, responsibilities, and terms of the relationship between the two parties. Key Terms and Provisions: 1. Parties: The agreement establishes Touchstone Advisors, Inc. as the primary investment advisor and OPCA Advisors as the sub-advisor. 2. Scope of Services: The agreement defines the specific services to be provided by the sub-advisor, which may include investment research, portfolio management, and other related activities. 3. Objectives and Restrictions: The agreement outlines the investment objectives, risk tolerance, and any specific investment restrictions set by the primary advisor or regulatory requirements. 4. Investment Authority: The sub-advisor is granted limited authority to make investment decisions on behalf of the primary advisor's clients in accordance with the agreed-upon investment strategy. 5. Compensation: The agreement outlines the fee structure for the sub-advisory services provided, typically a percentage of assets under management or a fixed fee. 6. Reporting and Monitoring: The sub-advisor is required to provide regular reports to the primary advisor, including performance updates, compliance reports, and any material changes in investment strategies. 7. Termination: The agreement specifies the conditions and procedures for termination, including notice periods and circumstances that may lead to termination. Types of Maine Sub-Advisory Agreements: 1. Long-Term Sub-Advisory Agreement: This type of agreement establishes a long-term partnership between Touchstone Advisors, Inc. and OPCA Advisors, where the sub-advisor provides ongoing investment advisory services to the primary advisor's clients in Maine. 2. Project-Specific Sub-Advisory Agreement: In certain cases, the sub-advisor may be appointed for a specific project or assignment, such as providing research support for a new investment strategy launch or assisting with a client-specific portfolio. 3. Limited Duration Sub-Advisory Agreement: This type of agreement is established for a defined period, typically for a specific investment strategy or market conditions. It allows the primary advisor to leverage the sub-advisor's expertise temporarily. 4. Revolving Sub-Advisory Agreement: A revolving sub-advisory agreement allows the primary advisor to engage multiple sub-advisors consecutively or concurrently, leveraging specialized skills and diversifying risk for their clients. Conclusion: The Maine Sub-Advisory Agreement between Touchstone Advisors, Inc. and OPCA Advisors details the contractual arrangement and terms for the provision of investment advisory services in the state of Maine. By defining the roles, responsibilities, compensation structure, and termination provisions, the agreement ensures clarity and transparency in the sub-advisory relationship. Different types of sub-advisory agreements exist, including long-term, project-specific, limited duration, and revolving agreements, each catering to specific needs and objectives.