This document is an Investment Advisory Agreement that appoints the investment advisor as attorney-in-fact to the trustee. It details the duties and obligations of the investment advisor and provides indemnity to the advisor. It also spells out the duration and termination of the agreement and the governing law of the agreement.
A Missouri Investment Advisory Agreement is a legally binding contract that outlines the terms and conditions between an investment advisor and a client seeking investment advice and management services in the state of Missouri. This agreement serves to establish a clear understanding of the roles, responsibilities, and expectations of both parties involved in the investment advisory relationship. The Missouri Investment Advisory Agreement typically covers essential aspects such as: 1. Parties Involved: The agreement identifies the investment advisor, often a registered investment advisor (RIA) or a firm, and the client who is seeking financial advice and guidance. 2. Scope of Services: The agreement details the specific investment advisory services to be provided by the advisor. This may include portfolio management, financial planning, retirement planning, tax planning, estate planning, or other related services. 3. Compensation: The agreement outlines how the investment advisor will be compensated for their services. This can be a percentage of assets under management (AUM), an hourly rate, a fixed fee, or a performance-based fee structure. The fee structure must comply with the regulations set forth by the Missouri Securities Division. 4. Client Objectives: The agreement includes a section where the client specifies their investment objectives, risk tolerance, time horizon, and any other relevant financial goals. This information helps the investment advisor tailor their advice and recommendations to the client's specific needs. 5. Duties and Responsibilities: The agreement outlines the responsibilities and obligations of both the investment advisor and the client. It clarifies that the investment advisor must act in the client's best interest, provide suitable investment recommendations, and disclose any conflicts of interest. The client, on the other hand, is responsible for providing accurate and complete information related to their financial situation. 6. Termination: The agreement specifies the circumstances under which either party can terminate the agreement. This may include written notice, breach of contract, or non-payment of fees. It may also outline any penalties or fees associated with early termination. Types of Missouri Investment Advisory Agreements: 1. Individual Investment Advisory Agreement: This agreement is entered into between an individual client and an investment advisor or firm, providing personalized investment advice and management services tailored to the specific needs and goals of the individual. 2. Corporate Investment Advisory Agreement: This agreement is designed for corporate clients, such as businesses or organizations, seeking investment advice for their assets or pension plans. It includes provisions specific to the unique requirements of corporations. 3. Rollover Investment Advisory Agreement: This agreement is specifically for clients looking to roll over their retirement accounts, such as 401(k) or IRA, into investment vehicles advised by an investment advisor. It outlines the terms and conditions of managing the rollover process and associated investments. In conclusion, a Missouri Investment Advisory Agreement is a critical document that establishes the framework for the relationship between an investment advisor and a client in Missouri. It ensures transparency, trust, and compliance with applicable regulations while outlining the terms of service and setting expectations for both parties involved.A Missouri Investment Advisory Agreement is a legally binding contract that outlines the terms and conditions between an investment advisor and a client seeking investment advice and management services in the state of Missouri. This agreement serves to establish a clear understanding of the roles, responsibilities, and expectations of both parties involved in the investment advisory relationship. The Missouri Investment Advisory Agreement typically covers essential aspects such as: 1. Parties Involved: The agreement identifies the investment advisor, often a registered investment advisor (RIA) or a firm, and the client who is seeking financial advice and guidance. 2. Scope of Services: The agreement details the specific investment advisory services to be provided by the advisor. This may include portfolio management, financial planning, retirement planning, tax planning, estate planning, or other related services. 3. Compensation: The agreement outlines how the investment advisor will be compensated for their services. This can be a percentage of assets under management (AUM), an hourly rate, a fixed fee, or a performance-based fee structure. The fee structure must comply with the regulations set forth by the Missouri Securities Division. 4. Client Objectives: The agreement includes a section where the client specifies their investment objectives, risk tolerance, time horizon, and any other relevant financial goals. This information helps the investment advisor tailor their advice and recommendations to the client's specific needs. 5. Duties and Responsibilities: The agreement outlines the responsibilities and obligations of both the investment advisor and the client. It clarifies that the investment advisor must act in the client's best interest, provide suitable investment recommendations, and disclose any conflicts of interest. The client, on the other hand, is responsible for providing accurate and complete information related to their financial situation. 6. Termination: The agreement specifies the circumstances under which either party can terminate the agreement. This may include written notice, breach of contract, or non-payment of fees. It may also outline any penalties or fees associated with early termination. Types of Missouri Investment Advisory Agreements: 1. Individual Investment Advisory Agreement: This agreement is entered into between an individual client and an investment advisor or firm, providing personalized investment advice and management services tailored to the specific needs and goals of the individual. 2. Corporate Investment Advisory Agreement: This agreement is designed for corporate clients, such as businesses or organizations, seeking investment advice for their assets or pension plans. It includes provisions specific to the unique requirements of corporations. 3. Rollover Investment Advisory Agreement: This agreement is specifically for clients looking to roll over their retirement accounts, such as 401(k) or IRA, into investment vehicles advised by an investment advisor. It outlines the terms and conditions of managing the rollover process and associated investments. In conclusion, a Missouri Investment Advisory Agreement is a critical document that establishes the framework for the relationship between an investment advisor and a client in Missouri. It ensures transparency, trust, and compliance with applicable regulations while outlining the terms of service and setting expectations for both parties involved.
