Rhode Island Investment Management Agreement regarding the employment of Morgan Stanley Dean Witter Advisors, Inc. to render management and investment advisory services

• Category: Corporations - Public - Management
• State: Multi-State
• Control #: US-EG-9318
• Format: Word; Rich Text

Description

Investment Management Agreement between Active Assets Premier Money Trust and Morgan Stanley Dean Witter Advisors, Inc. regarding the employment of Morgan Stanley Dean Witter Advisors, Inc. to render management and investment advisory services dated Rhode Island Investment Management Agreement, also known as the Rhode Island IM Agreement, is a legal document that outlines the terms and conditions of engaging Morgan Stanley Dean Witter Advisors, Inc. (MSW Advisors) for management and investment advisory services in the state of Rhode Island. This agreement establishes a formal relationship between the client and MSW Advisors, ensuring that the client's investment portfolio is managed according to their goals and objectives. MSW Advisors, a reputable financial institution, assists clients in making informed investment decisions, creating and implementing investment strategies, and providing ongoing advisory services regarding portfolio management. The agreement sets forth the responsibilities, obligations, and compensation terms for both parties, ensuring transparency and clarity in the working relationship. The Rhode Island Investment Management Agreement typically includes the following key elements: 1. Parties involved: The agreement identifies the client (individual or entity) seeking investment management services and MSW Advisors as the service provider. 2. Scope of services: This section comprehensively defines the nature and extent of the investment management services provided by MSW Advisors. It may include investment strategy development, asset allocation, portfolio monitoring, advisory on financial instruments, risk assessment, and reporting. 3. Duration: The agreement specifies the duration of the engagement, outlining the commencement and termination dates. It may also include provisions for renewal or early termination, along with the associated terms and conditions. 4. Investment objectives and restrictions: Clients have unique investment goals, risk tolerance levels, and restrictions. The agreement explicitly states these objectives and any constraints on investment activities, providing guidance to MSW Advisors while managing the client's portfolio. 5. Compensation: The agreement outlines the fee structure and payment terms for MSW Advisors' services. Fees may be based on a percentage of assets under management (AUM) or a flat fee, with additional charges for specific transactions or services. 6. Duties and responsibilities: The roles and responsibilities of both parties are defined in detail within the agreement. MSW Advisors are typically responsible for investment research, execution of investment strategies, account administration, reporting, and compliance with applicable laws and regulations. Clients are generally responsible for providing accurate information and promptly responding to MSW Advisors' requests. 7. Confidentiality and data protection: The agreement should contain provisions to safeguard client information and data, ensuring strict confidentiality and compliance with legal and regulatory requirements. Types of Rhode Island Investment Management Agreements regarding the employment of MSW Advisors may vary based on the specific needs and preferences of the clients. Some potential types or variations of these agreements include: 1. Discretionary Investment Management Agreement: This type of agreement grants MSW Advisors the authority to make investment decisions on behalf of the client without obtaining prior approval for each transaction. The advisor has the discretion to manage the portfolio within the agreed-upon investment objectives and restrictions. 2. Non-Discretionary Investment Management Agreement: In this arrangement, MSW Advisors provide investment advice and recommendations to the client, but all investment decisions are made by the client. The advisor acts as a consultant, offering expertise and guidance while adhering to the client's investment preferences. 3. Limited Power of Attorney Investment Management Agreement: This agreement grants MSW Advisors limited power of attorney to take specific actions on behalf of the client, such as executing trades or accessing funds. The client retains ultimate decision-making authority but delegates certain responsibilities to the advisor. It is vital for clients to carefully review and understand the specific terms and provisions of their Rhode Island Investment Management Agreement with MSW Advisors to ensure the alignment of investment strategies with their goals and objectives. Seeking professional legal and financial advice is recommended before entering into such agreements.

Rhode Island Investment Management Agreement, also known as the Rhode Island IM Agreement, is a legal document that outlines the terms and conditions of engaging Morgan Stanley Dean Witter Advisors, Inc. (MSW Advisors) for management and investment advisory services in the state of Rhode Island. This agreement establishes a formal relationship between the client and MSW Advisors, ensuring that the client's investment portfolio is managed according to their goals and objectives. MSW Advisors, a reputable financial institution, assists clients in making informed investment decisions, creating and implementing investment strategies, and providing ongoing advisory services regarding portfolio management. The agreement sets forth the responsibilities, obligations, and compensation terms for both parties, ensuring transparency and clarity in the working relationship. The Rhode Island Investment Management Agreement typically includes the following key elements: 1. Parties involved: The agreement identifies the client (individual or entity) seeking investment management services and MSW Advisors as the service provider. 2. Scope of services: This section comprehensively defines the nature and extent of the investment management services provided by MSW Advisors. It may include investment strategy development, asset allocation, portfolio monitoring, advisory on financial instruments, risk assessment, and reporting. 3. Duration: The agreement specifies the duration of the engagement, outlining the commencement and termination dates. It may also include provisions for renewal or early termination, along with the associated terms and conditions. 4. Investment objectives and restrictions: Clients have unique investment goals, risk tolerance levels, and restrictions. The agreement explicitly states these objectives and any constraints on investment activities, providing guidance to MSW Advisors while managing the client's portfolio. 5. Compensation: The agreement outlines the fee structure and payment terms for MSW Advisors' services. Fees may be based on a percentage of assets under management (AUM) or a flat fee, with additional charges for specific transactions or services. 6. Duties and responsibilities: The roles and responsibilities of both parties are defined in detail within the agreement. MSW Advisors are typically responsible for investment research, execution of investment strategies, account administration, reporting, and compliance with applicable laws and regulations. Clients are generally responsible for providing accurate information and promptly responding to MSW Advisors' requests. 7. Confidentiality and data protection: The agreement should contain provisions to safeguard client information and data, ensuring strict confidentiality and compliance with legal and regulatory requirements. Types of Rhode Island Investment Management Agreements regarding the employment of MSW Advisors may vary based on the specific needs and preferences of the clients. Some potential types or variations of these agreements include: 1. Discretionary Investment Management Agreement: This type of agreement grants MSW Advisors the authority to make investment decisions on behalf of the client without obtaining prior approval for each transaction. The advisor has the discretion to manage the portfolio within the agreed-upon investment objectives and restrictions. 2. Non-Discretionary Investment Management Agreement: In this arrangement, MSW Advisors provide investment advice and recommendations to the client, but all investment decisions are made by the client. The advisor acts as a consultant, offering expertise and guidance while adhering to the client's investment preferences. 3. Limited Power of Attorney Investment Management Agreement: This agreement grants MSW Advisors limited power of attorney to take specific actions on behalf of the client, such as executing trades or accessing funds. The client retains ultimate decision-making authority but delegates certain responsibilities to the advisor. It is vital for clients to carefully review and understand the specific terms and provisions of their Rhode Island Investment Management Agreement with MSW Advisors to ensure the alignment of investment strategies with their goals and objectives. Seeking professional legal and financial advice is recommended before entering into such agreements.