Baird Affiliated Managers Program Sample Clauses

Baird Affiliated Managers Program. If Client participates in the BAM Program, Client authorizes Baird or an investment manager related to Baird selected by Client to manage Client’s Account with full discretionary authority according to a strategy selected by Client. Client understands that the BAM Program is designed to accommodate a client who wishes to select Baird or an investment manager related to Baird to manage the assets in Client’s Account instead of an unaffiliated manager made available in other SMA Programs. Client understands and agrees that: Baird determines the investment managers (“BAM Managers”) and their strategies (“BAM Strategies”) eligible to participate in the Program; the BAM Strategies and BAM Managers are not subject to the same evaluation process or eligibility standards imposed upon on other SMA Strategies and SMA Managers offered through other SMA Programs; and Client should only participate in the BAM Program if Client wishes to select Baird or a manager related to Baird to manage Client’s Account and Client understands the potential conflicts of interest presented by the arrangement and the risks of doing so. BAM Managers have varying investment objectives, styles and strategies, and they may invest a client’s Account in various types of securities, which will be chosen by the BAM Manager and which may include mutual funds, ETFs or other investment products affiliated with the manager or Baird. Currently, certain PWM-Managed Portfolios and SMA Strategies offered by Baird Equity Asset Management, Baird Trust, CCM, GAMMA, Riverfront and Strategas are offered through the BAM Program.
Sample 1
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Related to Baird Affiliated Managers Program

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