Common use of ACCOUNT GOALS Clause in Contracts

ACCOUNT GOALS. Account(s) will open with the approximate goals/guidelines at the time of purchase as outlined in each New Account Form per Account. These goals/guidelines can be changed on written or oral direction of Client. Client understands that these goals/guidelines are approximate and the actual amount invested in each asset class may vary considerably depending on Management’s assessment of market risk. At times Management may choose to invest an Account, including an Account that has assets with a fixed income and equity goal/guideline, above the equity goal/guideline set by Client if Management determines, at its sole discretion, that under present market conditions so doing would be in the reasonable best interests of the Account. Client represents that Client has read each Equity Strategy Description in the Form ADV2 and understands the risks involved with each and may give written direction to change to another Equity Strategy at a later date. If Client changes Client’s Equity Strategy to a new Strategy, Client’s Account may not resemble other Accounts in this new Strategy going forward. Management manages each Account individually and will make trade decisions for each Account independently of Accounts that may have entered the same Strategy at a prior time. This includes, but is not limited to, Management’s decision to liquidate any or all of the positions in an Account due to the change in Equity Strategy. Management will use its sole discretion as to when to take this or any action in an Account which might take considerable time depending on market conditions. If Client requests immediate liquidation, it may take Management forty-eight hours to process the liquidation request.