Distribution Agreement between Ingenuity Capital Management, LLC and Rafferty Capital Markets dated 00/99. 6 pages
North Dakota Distribution Agreement between Ingenuity Capital Management, LLC and Daugherty Capital Markets In a North Dakota Distribution Agreement between Ingenuity Capital Management, LLC (ICM) and Daugherty Capital Markets (RCM), the two entities cooperate to distribute investment products and services in the state of North Dakota. This agreement outlines the terms and conditions to ensure a successful partnership, compliance with regulations, and the achievement of mutual business objectives. Ingenuity Capital Management, LLC is a reputable investment management firm with expertise in various financial products and services, while Daugherty Capital Markets is a prominent financial institution with a strong presence in North Dakota. Collaborating through this distribution agreement allows both parties to leverage their strengths and expand their reach within the North Dakota market. This distribution agreement encompasses various types that cater to different investment products and services, including: 1. Mutual Fund Distribution Agreement: This type of agreement focuses on the distribution of mutual funds managed by Ingenuity Capital Management, LLC. Daugherty Capital Markets acts as the distributing agent, actively promoting and offering these investment vehicles to their client base in North Dakota. 2. Managed Account Distribution Agreement: Under this agreement, Ingenuity Capital Management offers its managed account services, providing customized investment portfolios to Daugherty Capital Markets' clients. Daugherty Capital Markets is responsible for marketing these services, facilitating client onboarding, and ensuring seamless administration. 3. Alternative Investment Distribution Agreement: This type of agreement pertains to the distribution of alternative investment vehicles managed by Ingenuity Capital Management, LLC, such as hedge funds, private equity funds, or real estate investment trusts (Rests). Daugherty Capital Markets actively promotes and offers these investment options to their qualified investors in North Dakota. The North Dakota Distribution Agreement between ICM and RCM covers essential components, including: a) Distribution Rights: It specifies the exclusive or non-exclusive rights of Daugherty Capital Markets to distribute ICM's investment products within the state of North Dakota. b) Obligations: The agreement outlines the responsibilities of both parties, including marketing efforts, client onboarding, compliance with regulations, reporting requirements, and ongoing support for investors. c) Compensation and Fees: The compensation structure for Daugherty Capital Markets is detailed, including commissions, management fees, or performance-based incentives. It also outlines any fees or expenses that investors may incur. d) Termination and Renewal: The agreement addresses the circumstances under which the distribution agreement can be terminated, such as breach of contract or regulatory non-compliance. It also covers provisions for renewal and renegotiation. e) Compliance and Regulatory Requirements: The agreement ensures that both parties adhere to the applicable securities laws, regulations, and licensing requirements imposed by North Dakota authorities. In conclusion, the North Dakota Distribution Agreement between Ingenuity Capital Management, LLC and Daugherty Capital Markets enables a fruitful collaboration to distribute investment products and services within the state. With various types of agreements catering to different investment vehicles, this partnership aims to provide North Dakota investors with diverse options and expert financial guidance.
North Dakota Distribution Agreement between Ingenuity Capital Management, LLC and Daugherty Capital Markets In a North Dakota Distribution Agreement between Ingenuity Capital Management, LLC (ICM) and Daugherty Capital Markets (RCM), the two entities cooperate to distribute investment products and services in the state of North Dakota. This agreement outlines the terms and conditions to ensure a successful partnership, compliance with regulations, and the achievement of mutual business objectives. Ingenuity Capital Management, LLC is a reputable investment management firm with expertise in various financial products and services, while Daugherty Capital Markets is a prominent financial institution with a strong presence in North Dakota. Collaborating through this distribution agreement allows both parties to leverage their strengths and expand their reach within the North Dakota market. This distribution agreement encompasses various types that cater to different investment products and services, including: 1. Mutual Fund Distribution Agreement: This type of agreement focuses on the distribution of mutual funds managed by Ingenuity Capital Management, LLC. Daugherty Capital Markets acts as the distributing agent, actively promoting and offering these investment vehicles to their client base in North Dakota. 2. Managed Account Distribution Agreement: Under this agreement, Ingenuity Capital Management offers its managed account services, providing customized investment portfolios to Daugherty Capital Markets' clients. Daugherty Capital Markets is responsible for marketing these services, facilitating client onboarding, and ensuring seamless administration. 3. Alternative Investment Distribution Agreement: This type of agreement pertains to the distribution of alternative investment vehicles managed by Ingenuity Capital Management, LLC, such as hedge funds, private equity funds, or real estate investment trusts (Rests). Daugherty Capital Markets actively promotes and offers these investment options to their qualified investors in North Dakota. The North Dakota Distribution Agreement between ICM and RCM covers essential components, including: a) Distribution Rights: It specifies the exclusive or non-exclusive rights of Daugherty Capital Markets to distribute ICM's investment products within the state of North Dakota. b) Obligations: The agreement outlines the responsibilities of both parties, including marketing efforts, client onboarding, compliance with regulations, reporting requirements, and ongoing support for investors. c) Compensation and Fees: The compensation structure for Daugherty Capital Markets is detailed, including commissions, management fees, or performance-based incentives. It also outlines any fees or expenses that investors may incur. d) Termination and Renewal: The agreement addresses the circumstances under which the distribution agreement can be terminated, such as breach of contract or regulatory non-compliance. It also covers provisions for renewal and renegotiation. e) Compliance and Regulatory Requirements: The agreement ensures that both parties adhere to the applicable securities laws, regulations, and licensing requirements imposed by North Dakota authorities. In conclusion, the North Dakota Distribution Agreement between Ingenuity Capital Management, LLC and Daugherty Capital Markets enables a fruitful collaboration to distribute investment products and services within the state. With various types of agreements catering to different investment vehicles, this partnership aims to provide North Dakota investors with diverse options and expert financial guidance.