Execution of Brokerage Transactions. Unless directed otherwise, we will arrange for the execution of securities brokerage transactions for the Assets through Fidelity who we reasonably believe will provide “best execution”. In seeking best execution, the determinative factor is not the lowest possible commission cost but whether the transaction represents the best qualitative execution, taking into consideration the full range of the Broker-Dealer’s services including the value of research provided, execution capability, commission rates, and responsiveness. Accordingly, although we will seek competitive commission rates, we may not necessarily obtain the lowest possible commission rates for Account transactions (see Exhibit A below). We shall not favor any account over any other and purchase or sale orders executed contemporaneously shall be allocated in a manner we deem equitable among the accounts involved. Transactions for each client account will sometimes be effected independently, but more often we expect to purchase or sell the same securities for several separate account clients at approximately the same time. We may (but are not obligated to) combine or “batch” such orders to obtain best execution, negotiate more favorable commission rates, or allocate equitably among our clients differences in prices and commissions or other transaction costs that might have been obtained had such orders been placed independently. Under this procedure, transactions will be averaged as to price and will be allocated among our clients in proportion to the purchase and sale orders placed for each client account on any given day. To the extent that we aggregate client orders for the purchase or sale of securities we shall do so in accordance with applicable rules promulgated under the Advisers Act and no-action guidance provided by the staff of the Securities and Exchange Commission. We shall endeavor to process all Account transactions in a timely manner, but do not represent nor warrant that any such transaction shall be processed or effected by Fidelity on the same day as requested. We will not receive any portion of the brokerage commissions and/or transaction fees charged to you by Fidelity under any circumstances.
Execution of Brokerage Transactions. Unless otherwise agreed, Adviser will arrange for the execution of securities brokerage transactions for the Account through custodians that Adviser reasonably believes will provide “best execution." In seeking best execution, the determinative factor is not the lowest possible commission cost but whether the transaction represents the best qualitative execution, taking into consideration the full range of a custodian’s services including the value of research provided, execution capability, commission rates, and responsiveness. Accordingly, although Adviser will seek competitive commission rates, it may not necessarily obtain the lowest possible commission rates for Account transactions. Adviser does not obligate itself to seek the lowest transaction charges in all cases except to the extent that it contributes to the overall goal of obtaining the best results for Client's account.
Execution of Brokerage Transactions. Our firm will arrange to execute securities brokerage transactions for your assets through Broker-Dealers that we reasonably believe will provide “best execution”. In seeking best execution, the determinative factor is not the lowest possible commission cost but whether the transaction represents the best qualitative execution. We may take into consideration the full range of a Broker-Dealer’s services, including the value of research provided, execution capability, commission rates, and responsiveness. Our firm will seek competitive commission rates, but we may not necessarily obtain the lowest possible commission rates for account transactions. It is important to note that we generally do not have discretion to negotiate commission rates. We do not receive a portion of the brokerage commissions and/or transaction fees charged to you by a non- affiliated Broker-Dealer. We generally process transactions for each client account independently, unless we decide to purchase or sell the same securities for several clients at approximately the same time. Our firm may (but is not obligated to) combine or “batch” orders for a variety of factors. Some factors are to obtain best execution or to negotiate more favorable commission rates. Under this procedure, transactions’ price will be averaged and will be allocated among our firm’s clients in proportion to the purchase and sale orders placed for each client account, on any given day.
Execution of Brokerage Transactions. Unless otherwise agreed, Revolut Wealth will arrange for the execution of securities brokerage transactions for the Account through custodians that Revolut Wealth reasonably believes will provide “best execution." In seeking best execution, the determinative factor is not only the lowest possible commission cost but whether the transaction represents the best qualitative execution, taking into consideration the full range of a custodian’s services including the value of research provided, execution capability, commission rates, and responsiveness. Accordingly, although Revolut Wealth will seek competitive commission rates, it may not necessarily obtain the lowest possible commission rates for Account transactions. Revolut Wealth does not obligate itself to seek the lowest transaction charges in all cases except to the extent that it contributes to the overall goal of obtaining the best results for your account.
Execution of Brokerage Transactions. For Assets directly managed by us, unless directed otherwise, we will arrange for the transaction and execution of securities brokerage transactions for the Assets through a broker-dealer that we reasonably believe will provide “best execution.” In seeking best execution, the determinative factor is not the lowest possible commission cost but whether the transaction represents the best qualitative execution, taking into consideration the full range of the Broker-Dealer’s services including the value of research provided, execution capability, commission rates, and responsiveness. Accordingly, although we will seek competitive commission rates, we may not necessarily obtain the lowest possible commission rates for Account transactions. Certain of our Investment Adviser Representatives are also registered representatives of FINRA member Broker Dealers including ACM’s affiliated entity Aventura Securities, LLC and are subject to FINRA Rule 3040 which restricts registered representatives from conducting securities transactions away from their broker-dealer without written consent. Therefore, clients are advised that certain Investment Adviser Representatives registered with Aventura Securities, LLC may be restricted to conducting securities transactions through Aventura Securities, LLC unless they first secure written consent from Aventura Securities, LLC to execute securities transactions though a different broker-dealer. Absent such written consent or separation from Aventura Securities, LLC, these Investment Advisor Representatives are prohibited from executing securities transactions through any broker-dealer other than Aventura Securities, LLC under Aventura Securities, LLC internal supervisory policies. ACM is cognizant of its duty to obtain best execution and has implemented policies and procedures reasonably designed in such pursuit. When such Investment Advisor Representatives execute transactions through Aventura Securities, LLC, they may receive a portion of the brokerage commissions and/or transaction fees charged to you by Aventura Securities, LLC, provided that receipt of such payment is not prohibited under ERISA. Consistent with obtaining best execution, transactions for your Account may be directed to registered broker-dealers in return for research products and/or services that assist us in our investment decision-making process. Such research will generally be used to service all of our clients, but brokerage commissions paid by you may be u...
Execution of Brokerage Transactions. Except as set out in Schedule 7(a), we shall place all orders for the purchase and sale of securities on your behalf with Brokers whom we select, which may include our Affiliated Companies, provided that any transactions effected by an Affiliated Company shall be conducted in accordance with the Fund’s policies and procedures adopted pursuant to Rule 10f-3 or Rule 17e-1 under the 1940 Act, as applicable. We shall use our best efforts to seek to execute transactions at prices that are advantageous to the Fund and at commission rates that are reasonable in relation to the benefits received. In placing such orders, we will give consideration to obtaining the best net price and the most favorable execution of our orders. The Sub-Adviser may, to the extent permitted under Section 28(e) of the Securities Exchange Act of 1934, as amended (“1934 Act”), cause the Fund to pay a broker or dealer that provides brokerage or research services to the Sub-Adviser an amount of commission for effecting a transaction in excess of the amount of commission another broker or dealer would have charged for effecting that transaction if the Sub-Adviser determines, in good faith, that such amount of commission is reasonable in relation to the value of such brokerage or research services provided in terms of that particular transaction or the Sub-Adviser’s overall responsibilities to the Fund or its other clients. In addition, the Investment Adviser hereby agrees that any entity or person associated with the Sub-Adviser that is a member of a national securities exchange is authorized to effect any transaction on such exchange to the extent and as permitted by Section 11(a)(1)(H) of the 1934 Act. We will not effect investment transactions for the Fund for the purpose of receiving services through a third party under any soft dollar commission agreement. You agree and acknowledge that we may place “block trades” when the trading orders of securities for multiple accounts that share the same order conditions (i.e., the type and the issue of the securities, whether to buy or sell the securities, the trade type and the execution price (including the price range) are the same). These block trades may include orders that we are delegated to execute by our overseas affiliated investment management companies (hereinafter called “Delegated Trading from Overseas”) and may be divided into multiple orders. In these trades that we execute, we use the “average unit price,” which sets the average u...
Execution of Brokerage Transactions. Execution of securities brokerage transactions for the Client Account will be through TD Ameritrade, Xxxxxxx Xxxxxx, and/or Pershing, LLC which Adviser reasonably believes will provide “best execution” in seeking best execution, the determinative factor is not the lowest possible commission cost but whether the transaction represents the best qualitative execution, taking into consideration the full range of the broker-dealer’s services including the value of research provided, execution capability, commission rates, and responsiveness. Consistent with obtaining best execution, transactions for the Account may be directed to registered broker-dealers in return for research products and/or services meeting the requirements of Section 28(e) of the Securities Exchange Act of 1934, as amended. Transactions may, but are not required to be, combined or “batched” to obtain best execution.
Execution of Brokerage Transactions. A. If you request that we execute securities transactions on your behalf, and unless you instruct us otherwise in writing, we will arrange for the execution of securities brokerage transactions for the assets through a broker-dealer that we reasonably believe will provide “best execution.” We generally recommend the use of Xxxxxxx Xxxxxx & Co. In seeking best execution, the determinative factor is not the lowest possible commission cost but whether the transaction represents the best qualitative execution, taking into consideration the full range of the broker-dealer’s services including the value of research provided, execution capability, commission rates, and responsiveness. Accordingly, you acknowledge and agree that although we will seek competitive commission rates, we may not necessarily obtain the lowest possible commission rates for account transactions.
Execution of Brokerage Transactions. (a) Best Execution. WBI will arrange for the execution of securities brokerage transactions for the Account through those affiliated (including Millington Securities, Inc.) and unaffiliated broker-dealers that WBI reasonably believes will provide “best execution.” In seeking best execution, best price, giving effect to commission and other costs is an important factor, but WBI’s broker-dealer selection also takes into account the quality of brokerage services, including execution capability, responsiveness, willingness to commit capital, creditworthiness, financial stability, clearance and settlement capability, and the provision of research and other services. Accordingly, although WBI will seek competitive commission rates, it may not necessarily obtain the lowest available price or transaction cost. The Client agrees that the fact that a transaction may be executed, or be capable of being executed through another broker-dealer at prices, commissions, other execution costs and transaction charges more favorable than those available through the affiliated or unaffiliated broker-dealer that effects the transactions will not obligate WBI to match those terms or account to the Client for the difference.
Execution of Brokerage Transactions. (a) Rockingstone will arrange for the execution of securities brokerage transactions for the Account through broker-dealers that Rockingstone reasonably believes will provide “best execution”. In seeking “best execution”, the determinative factor is not the lowest possible commission cost but whether the transaction represents the best qualitative execution, taking into consideration the full range of a broker-dealer’s services including the value of research provided, execution capability, commission rates, and responsiveness. Accordingly, although Rockingstone will seek competitive commission rates, it may not necessarily obtain the lowest possible commission rates for Account transactions.
