Common use of Management of Accounts Clause in Contracts

Management of Accounts. Each Client Account shall be managed in accordance with the investment style and objectives set forth on the Investment Policy Statement (“IPS”). The Client recognizes that the value and usefulness of the advisory services provided is dependent upon information that the Client provides to Brokers Financial and upon the Client’s active participation in the formulation of the Account’s investment objectives. With the assistance of the IAR, the Client will complete the provided Investment Policy Statement. The Client will also provide copies of documents as the Adviser may reasonably request, in order to facilitate the evaluation and implementation of the Client’s investment plan. The Client shall advise Brokers Financial directly or through the IAR promptly if the Client’s financial situation or objectives change, or of any other material change that might affect the manner in which the Account should be managed. Subject to this agreement, the IAR shall be responsible for the investment and reinvestment of the Client’s assets.

Management of Accounts. Each Client Account shall be managed in accordance with the investment style and objectives set forth on the Investment Policy Statement (“IPS”). The Client recognizes that the value and usefulness of the advisory services provided is dependent upon information that the Client provides to Brokers Financial and upon the Client’s active participation in the formulation of the Account’s investment objectives. With the assistance of the IAR, the Client will complete the provided Investment Policy Statement. The Client will also provide copies of documents as the Adviser may reasonably request, in order to facilitate the evaluation and implementation of the Client’s investment plan. The Client shall advise Brokers Financial directly or through the IAR promptly if the Client’s financial situation or objectives change, or of any other material change that might affect the manner in which the Account should be managed. Subject to this agreement, agreement the IAR shall be responsible for the investment and reinvestment of the Client’s assets.