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.
A West Virginia Investment Advisory Agreement is a legally binding contract that outlines the terms and conditions between an investment advisor and their client(s) in the state of West Virginia. This agreement serves to establish a clear understanding of the services to be provided, the fees to be charged, and the responsibilities of both parties involved in the investment advisory relationship. When drafting a West Virginia Investment Advisory Agreement, several important keywords should be included to clearly define the terms: 1. Investment Advisor: This term refers to the professional or firm that offers investment advisory services and manages the investment portfolios of clients. 2. Client: This keyword denotes the individual or entity seeking the services of the investment advisor. It includes both existing and prospective clients. 3. Services: The agreement should specify the scope of the services to be provided by the investment advisor. This may include portfolio management, financial planning, retirement planning, tax planning, and other investment-related advice. 4. Compensation: This section details the fees and compensation structure agreed upon by the investment advisor and the client. It may include management fees, performance-based fees, or any other charges applicable. 5. Responsibilities: The agreement should outline the duties and responsibilities of both the investment advisor and the client. This may include providing accurate and complete information, making timely payments, and complying with relevant laws and regulations. 6. Termination: The circumstances and procedures for terminating the agreement should be clearly stated, ensuring a smooth transition or termination of the investment advisory relationship. 7. Confidentiality and Privacy: To protect the client's personal and financial information, the agreement should include provisions for maintaining confidentiality and adhering to privacy laws. Different types of West Virginia Investment Advisory Agreements may exist, tailored to specific circumstances or investment strategies. Some common variations include: 1. Fixed Fee Agreement: In this type of agreement, the investment advisor charges a fixed fee for providing ongoing investment advisory services, regardless of the portfolio's performance. 2. Performance Fee Agreement: In a performance-based agreement, the investment advisor charges a fee based on the investment portfolio's performance. This fee may increase as the portfolio's returns exceed certain benchmarks. 3. Wrap Fee Agreement: A wrap fee agreement bundles various services, such as investment advice, execution, and administration, into a single fee. It simplifies the billing process for the client and often includes a percentage of the assets under management. It is worth noting that while these variations may exist, the specific terms and conditions within a West Virginia Investment Advisory Agreement are highly customizable and can be tailored to the needs and preferences of both the investment advisor and the client.A West Virginia Investment Advisory Agreement is a legally binding contract that outlines the terms and conditions between an investment advisor and their client(s) in the state of West Virginia. This agreement serves to establish a clear understanding of the services to be provided, the fees to be charged, and the responsibilities of both parties involved in the investment advisory relationship. When drafting a West Virginia Investment Advisory Agreement, several important keywords should be included to clearly define the terms: 1. Investment Advisor: This term refers to the professional or firm that offers investment advisory services and manages the investment portfolios of clients. 2. Client: This keyword denotes the individual or entity seeking the services of the investment advisor. It includes both existing and prospective clients. 3. Services: The agreement should specify the scope of the services to be provided by the investment advisor. This may include portfolio management, financial planning, retirement planning, tax planning, and other investment-related advice. 4. Compensation: This section details the fees and compensation structure agreed upon by the investment advisor and the client. It may include management fees, performance-based fees, or any other charges applicable. 5. Responsibilities: The agreement should outline the duties and responsibilities of both the investment advisor and the client. This may include providing accurate and complete information, making timely payments, and complying with relevant laws and regulations. 6. Termination: The circumstances and procedures for terminating the agreement should be clearly stated, ensuring a smooth transition or termination of the investment advisory relationship. 7. Confidentiality and Privacy: To protect the client's personal and financial information, the agreement should include provisions for maintaining confidentiality and adhering to privacy laws. Different types of West Virginia Investment Advisory Agreements may exist, tailored to specific circumstances or investment strategies. Some common variations include: 1. Fixed Fee Agreement: In this type of agreement, the investment advisor charges a fixed fee for providing ongoing investment advisory services, regardless of the portfolio's performance. 2. Performance Fee Agreement: In a performance-based agreement, the investment advisor charges a fee based on the investment portfolio's performance. This fee may increase as the portfolio's returns exceed certain benchmarks. 3. Wrap Fee Agreement: A wrap fee agreement bundles various services, such as investment advice, execution, and administration, into a single fee. It simplifies the billing process for the client and often includes a percentage of the assets under management. It is worth noting that while these variations may exist, the specific terms and conditions within a West Virginia Investment Advisory Agreement are highly customizable and can be tailored to the needs and preferences of both the investment advisor and the client.
