New Mexico 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 Title: Exploring the New Mexico Sub-Advisory Agreement between Touchstone Advisors, Inc. and OPCA Advisors Introduction: The New Mexico Sub-Advisory Agreement between Touchstone Advisors, Inc. and OPCA Advisors is a legal document that outlines the specific terms and conditions of the partnership between these two entities. This agreement allows Touchstone Advisors to act as the primary advisor while delegating some investment advisory functions to OPCA Advisors within the state of New Mexico. Let's delve deeper into the details of this agreement and understand its significance. 1. The Nature of the Agreement: The New Mexico Sub-Advisory Agreement is a contractual arrangement between Touchstone Advisors, Inc. and OPCA Advisors that establishes OPCA Advisors as the designated sub-advisor. It specifies the roles and responsibilities of both parties, ensuring collaboration and compliance within the framework of New Mexico's legal and regulatory requirements. 2. Scope and Services: Under this agreement, OPCA Advisors undertakes certain investment advisory services on behalf of Touchstone Advisors within New Mexico. The specific services can include portfolio management, investment selection, research, risk management, performance reporting, compliance, and other related functions. 3. Duration and Termination: The agreement outlines the duration for which the sub-advisory relationship remains valid. It may have a defined period or continue until either party terminates the agreement upon mutual consent or according to specific termination provisions. Provisions for termination typically include notice periods and any associated fees or penalties. 4. Compensation and Fees: The sub-advisory agreement states the compensation structure and fee arrangement between Touchstone Advisors and OPCA Advisors. This section covers matters such as management fees, incentive compensation, fee sharing, and reimbursement of expenses incurred by the sub-advisor. 5. Legal and Regulatory Compliance: To ensure adherence to New Mexico's legal framework, the agreement highlights the necessity for both parties to comply with applicable laws, regulations, and licensing requirements. It may specify record-keeping obligations, reporting requirements, and the responsibility for any penalties resulting from non-compliance. Types of New Mexico Sub-Advisory Agreements: 1. General Sub-Advisory Agreement: This type establishes a broad range of investment advisory services to be provided by the sub-advisor to the primary advisor within New Mexico. 2. Specialized Sub-Advisory Agreement: In certain cases, a more specific sub-advisory agreement may be required. For instance, this could focus on a particular investment strategy, asset class, or portfolio segment. The specialized agreement provides detailed guidelines for the sub-advisor's responsibilities in that specific area. Conclusion: The New Mexico Sub-Advisory Agreement between Touchstone Advisors, Inc. and OPCA Advisors provides a transparent and legally binding framework for their collaboration in investment advisory services within the state. By clearly defining the roles, responsibilities, compensation, and compliance requirements, this agreement ensures a fruitful partnership, benefits investors, and upholds regulatory standards.

Title: Exploring the New Mexico Sub-Advisory Agreement between Touchstone Advisors, Inc. and OPCA Advisors Introduction: The New Mexico Sub-Advisory Agreement between Touchstone Advisors, Inc. and OPCA Advisors is a legal document that outlines the specific terms and conditions of the partnership between these two entities. This agreement allows Touchstone Advisors to act as the primary advisor while delegating some investment advisory functions to OPCA Advisors within the state of New Mexico. Let's delve deeper into the details of this agreement and understand its significance. 1. The Nature of the Agreement: The New Mexico Sub-Advisory Agreement is a contractual arrangement between Touchstone Advisors, Inc. and OPCA Advisors that establishes OPCA Advisors as the designated sub-advisor. It specifies the roles and responsibilities of both parties, ensuring collaboration and compliance within the framework of New Mexico's legal and regulatory requirements. 2. Scope and Services: Under this agreement, OPCA Advisors undertakes certain investment advisory services on behalf of Touchstone Advisors within New Mexico. The specific services can include portfolio management, investment selection, research, risk management, performance reporting, compliance, and other related functions. 3. Duration and Termination: The agreement outlines the duration for which the sub-advisory relationship remains valid. It may have a defined period or continue until either party terminates the agreement upon mutual consent or according to specific termination provisions. Provisions for termination typically include notice periods and any associated fees or penalties. 4. Compensation and Fees: The sub-advisory agreement states the compensation structure and fee arrangement between Touchstone Advisors and OPCA Advisors. This section covers matters such as management fees, incentive compensation, fee sharing, and reimbursement of expenses incurred by the sub-advisor. 5. Legal and Regulatory Compliance: To ensure adherence to New Mexico's legal framework, the agreement highlights the necessity for both parties to comply with applicable laws, regulations, and licensing requirements. It may specify record-keeping obligations, reporting requirements, and the responsibility for any penalties resulting from non-compliance. Types of New Mexico Sub-Advisory Agreements: 1. General Sub-Advisory Agreement: This type establishes a broad range of investment advisory services to be provided by the sub-advisor to the primary advisor within New Mexico. 2. Specialized Sub-Advisory Agreement: In certain cases, a more specific sub-advisory agreement may be required. For instance, this could focus on a particular investment strategy, asset class, or portfolio segment. The specialized agreement provides detailed guidelines for the sub-advisor's responsibilities in that specific area. Conclusion: The New Mexico Sub-Advisory Agreement between Touchstone Advisors, Inc. and OPCA Advisors provides a transparent and legally binding framework for their collaboration in investment advisory services within the state. By clearly defining the roles, responsibilities, compensation, and compliance requirements, this agreement ensures a fruitful partnership, benefits investors, and upholds regulatory standards.