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.
The Nebraska Investment Advisory Agreement is a legally binding contract that outlines the terms and conditions between an investment advisor and a client in the state of Nebraska. This agreement is designed to protect both parties involved and ensure transparency and compliance in the investment advisory relationship. In Nebraska, there are different types of investment advisory agreements that cater to specific needs and requirements. Some commonly found types include: 1. Individual Investor Agreement: This agreement is entered into between an individual investor seeking professional investment advice and an investment advisor. It outlines the scope of services to be provided, the advisor's compensation structure, investment objectives, risk tolerance, and any other relevant terms and conditions. 2. Corporate Investor Agreement: This agreement is similar to the individual investor agreement but caters to corporations or businesses seeking investment advice. It covers aspects such as investment strategies, asset allocation, reporting, and any specific requirements unique to corporate entities. 3. Wrap Fee Agreement: A wrap fee agreement is a type of investment advisory contract where the advisor's compensation includes both advisory fees and transaction costs. This type of agreement is popular among investors seeking a simplified fee structure. It may include services such as portfolio management, trade execution, and performance reporting. 4. Discretionary Agreement: A discretionary agreement grants the investment advisor the authority to make investment decisions on behalf of the client without prior consent for each trade. This agreement outlines the advisor's responsibilities, limitations, and risk parameters within which the advisor is authorized to operate. 5. Non-Discretionary Agreement: In contrast to a discretionary agreement, a non-discretionary agreement requires the client's approval for each investment decision. The agreement outlines the scope of the advisor's services, reporting obligations, and the client's involvement in the decision-making process. The Nebraska Investment Advisory Agreement is an essential tool that ensures a clear understanding between the investment advisor and the client. It helps both parties establish their rights, obligations, and expectations, thereby fostering a professional and trustworthy relationship. It is crucial for potential clients to carefully review and understand the terms of the agreement before entering into any investment advisory relationship.
