The New Mexico Sub-Advisory Agreement refers to a specific agreement between Berger and Berman Management, Inc. and clients based in New Mexico. This agreement outlines the terms and conditions under which Berger and Berman will act as a sub-advisor to manage the client's investment portfolio within the state of New Mexico. Berger and Berman Management, Inc. is a renowned investment management firm that offers a wide range of financial services and expertise. As a sub-advisor, they are responsible for providing investment advice and managing the assets of their clients based in New Mexico. The Sub-Advisory Agreement serves as a legally binding contract that establishes the relationship between the company and the clients. The content of the New Mexico Sub-Advisory Agreement includes various important sections, such as: 1. Parties involved: It identifies the involved parties, i.e., Berger and Berman Management, Inc. as the sub-advisor, and the client based in New Mexico. 2. Scope of engagement: This section outlines the specific investment management services that the sub-advisor will provide to the client. It may involve tasks such as portfolio construction, asset allocation, risk management, and performance evaluation. 3. Investment objectives: The agreement will detail the client's investment objectives, including any specific goals, target returns, or risk tolerance that need to be considered by the sub-advisor during the management process. 4. Reporting and review: It clarifies how the sub-advisor will provide regular reports to the client regarding the performance and activity of the managed portfolio. It may also include provisions for periodic meetings to review the investment strategy and make any necessary adjustments. 5. Fees and compensation: This section highlights the fees and compensation structure agreed upon between both parties. It may include management fees, performance-based fees, or any other charges related to the sub-advisory services provided. 6. Duration and termination: The agreement will state the duration of the engagement and the conditions under which either party can terminate the relationship. It may include provisions for notice periods or specific events that may trigger termination. It is important to note that while the content and structure of the New Mexico Sub-Advisory Agreement may remain generally consistent, there might be different types of such agreements tailored to specific client circumstances or investment strategies. These variations may include agreements for specific asset classes (e.g., equity, fixed income), investment vehicles (e.g., mutual funds, institutional separate accounts), or unique client requirements.
The New Mexico Sub-Advisory Agreement refers to a specific agreement between Berger and Berman Management, Inc. and clients based in New Mexico. This agreement outlines the terms and conditions under which Berger and Berman will act as a sub-advisor to manage the client's investment portfolio within the state of New Mexico. Berger and Berman Management, Inc. is a renowned investment management firm that offers a wide range of financial services and expertise. As a sub-advisor, they are responsible for providing investment advice and managing the assets of their clients based in New Mexico. The Sub-Advisory Agreement serves as a legally binding contract that establishes the relationship between the company and the clients. The content of the New Mexico Sub-Advisory Agreement includes various important sections, such as: 1. Parties involved: It identifies the involved parties, i.e., Berger and Berman Management, Inc. as the sub-advisor, and the client based in New Mexico. 2. Scope of engagement: This section outlines the specific investment management services that the sub-advisor will provide to the client. It may involve tasks such as portfolio construction, asset allocation, risk management, and performance evaluation. 3. Investment objectives: The agreement will detail the client's investment objectives, including any specific goals, target returns, or risk tolerance that need to be considered by the sub-advisor during the management process. 4. Reporting and review: It clarifies how the sub-advisor will provide regular reports to the client regarding the performance and activity of the managed portfolio. It may also include provisions for periodic meetings to review the investment strategy and make any necessary adjustments. 5. Fees and compensation: This section highlights the fees and compensation structure agreed upon between both parties. It may include management fees, performance-based fees, or any other charges related to the sub-advisory services provided. 6. Duration and termination: The agreement will state the duration of the engagement and the conditions under which either party can terminate the relationship. It may include provisions for notice periods or specific events that may trigger termination. It is important to note that while the content and structure of the New Mexico Sub-Advisory Agreement may remain generally consistent, there might be different types of such agreements tailored to specific client circumstances or investment strategies. These variations may include agreements for specific asset classes (e.g., equity, fixed income), investment vehicles (e.g., mutual funds, institutional separate accounts), or unique client requirements.
