Chicago Illinois Sub-Advisory Agreement of Neuberger and Berman Management, Inc.

• Category: Corporations - Public - Restructuring
• State: Multi-State
• City: Chicago
• Control #: US-CC-7-644
• Format: Word; Rich Text

Description

This sample form, a detailed Sub-advisory Agreement document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats. The Chicago Illinois Sub-Advisory Agreement of Berger and Berman Management, Inc., is a legally binding contract that outlines the terms and conditions governing the relationship between Berger and Berman Management, Inc. (IBM) and its sub-advisory clients located in Chicago, Illinois. It is important to note that while there may not be different types of Chicago Illinois Sub-Advisory Agreements, there could be variations in the specific terms and provisions based on the unique client requirements and investment strategies. A typical Chicago Illinois Sub-Advisory Agreement of Berger and Berman Management, Inc., includes various key components to ensure a clear understanding between IBM and its sub-advisory clients. These components often incorporate the following elements: 1. Parties Involved: The agreement will identify Berger and Berman Management, Inc. as the primary investment manager, also known as the "principal advisor." It will also name the sub-advisory client(s) based in Chicago, Illinois, who will receive investment management services. 2. Scope of Services: The agreement will outline the particular investment management services that IBM will provide to the sub-advisory client, including portfolio management, asset allocation, risk assessment, and potentially other specialized services tailored to the client's needs. 3. Investment Objectives: The agreement will clearly define the sub-advisory client's investment objectives, whether they are focused on capital preservation, growth, income generation, or a combination of these goals, and how IBM will strive to achieve them. 4. Investment Guidelines: The agreement will outline the guidelines within which IBM must conduct investment activities. These guidelines may include permissible asset classes, diversification requirements, risk limits, liquidity considerations, and any specific instructions or restrictions from the sub-advisory client. 5. Compensation and Fees: The agreement will detail the compensation structure for IBM's services, such as management fees, performance-based fees, or any other considerations for its services. It will also specify the billing frequency, payment terms, and potential termination provisions. 6. Reporting and Communication: The agreement will establish reporting requirements, frequency, and format for sharing investment performance, portfolio holdings, and any relevant information necessary for transparency and accountability. It will also define the channels and frequency of communication between IBM and the sub-advisory client. 7. Termination and Amendment: The agreement will include provisions outlining the conditions and procedures for terminating the agreement by either party. It may also address the circumstances under which the agreement can be amended or modified. 8. Legal and Regulatory Compliance: The agreement will emphasize adherence to all applicable laws, regulations, and industry best practices governing investment advisory services in Chicago, Illinois. By providing a comprehensive framework for the relationship between IBM and its sub-advisory clients in Chicago, Illinois, the Chicago Illinois Sub-Advisory Agreement ensures that both parties have a clear understanding of their roles, responsibilities, and expectations. It fosters transparency, professionalism, and trust to achieve the desired investment objectives.

The Chicago Illinois Sub-Advisory Agreement of Berger and Berman Management, Inc., is a legally binding contract that outlines the terms and conditions governing the relationship between Berger and Berman Management, Inc. (IBM) and its sub-advisory clients located in Chicago, Illinois. It is important to note that while there may not be different types of Chicago Illinois Sub-Advisory Agreements, there could be variations in the specific terms and provisions based on the unique client requirements and investment strategies. A typical Chicago Illinois Sub-Advisory Agreement of Berger and Berman Management, Inc., includes various key components to ensure a clear understanding between IBM and its sub-advisory clients. These components often incorporate the following elements: 1. Parties Involved: The agreement will identify Berger and Berman Management, Inc. as the primary investment manager, also known as the "principal advisor." It will also name the sub-advisory client(s) based in Chicago, Illinois, who will receive investment management services. 2. Scope of Services: The agreement will outline the particular investment management services that IBM will provide to the sub-advisory client, including portfolio management, asset allocation, risk assessment, and potentially other specialized services tailored to the client's needs. 3. Investment Objectives: The agreement will clearly define the sub-advisory client's investment objectives, whether they are focused on capital preservation, growth, income generation, or a combination of these goals, and how IBM will strive to achieve them. 4. Investment Guidelines: The agreement will outline the guidelines within which IBM must conduct investment activities. These guidelines may include permissible asset classes, diversification requirements, risk limits, liquidity considerations, and any specific instructions or restrictions from the sub-advisory client. 5. Compensation and Fees: The agreement will detail the compensation structure for IBM's services, such as management fees, performance-based fees, or any other considerations for its services. It will also specify the billing frequency, payment terms, and potential termination provisions. 6. Reporting and Communication: The agreement will establish reporting requirements, frequency, and format for sharing investment performance, portfolio holdings, and any relevant information necessary for transparency and accountability. It will also define the channels and frequency of communication between IBM and the sub-advisory client. 7. Termination and Amendment: The agreement will include provisions outlining the conditions and procedures for terminating the agreement by either party. It may also address the circumstances under which the agreement can be amended or modified. 8. Legal and Regulatory Compliance: The agreement will emphasize adherence to all applicable laws, regulations, and industry best practices governing investment advisory services in Chicago, Illinois. By providing a comprehensive framework for the relationship between IBM and its sub-advisory clients in Chicago, Illinois, the Chicago Illinois Sub-Advisory Agreement ensures that both parties have a clear understanding of their roles, responsibilities, and expectations. It fosters transparency, professionalism, and trust to achieve the desired investment objectives.