Program Accounts definition
Examples of Program Accounts in a sentence
In Discretionary Program Accounts, fund prospectuses, and other regulatory mailings associated with an investment in registered funds, will be made available to you upon request.
WFA will enter into agreements with sub- advisors from time to time under which the sub-advisors agree to manage, or provide model portfolios that WFA relies on to manage, the Advisory Program Accounts.
For Ambassador IAR Non-Discretionary Program Accounts, your IAR will make recommendations to you, but you are responsible for all investment and trading decisions in your Account.
For Ambassador IAR Discretionary Program Accounts, your IAR has authority to buy and sell Securities for your Account without your specific consent, at your IAR’s discretion, as further described in the “Discretionary Program” definition above and in the Disclosure Documents.
Additionally, for Ambassador IAR Discretionary Program Accounts, your IAR may also utilize models in managing your portfolio; IAR may develop his/her own models and invest your assets along with other clients’ assets in his/her model or he/she may consult other persons’ models in managing your portfolio.