Common use of INVESTMENTADVICE SERVICE Clause in Contracts

INVESTMENTADVICE SERVICE. The Bank is required to provide the Client with the non-independent investment advice serv ice. In that context, the Bank shall prov ide the Client with personalised recommendations that will cov er f inancial instruments issued or managed by the Bank, an entity within its Group or a company having close links of a legal, contractual or economic nature with the Bank. In this respect, the Bank is required to collect management fee retrocessions and/or marketing or inv estment commissions from said entities. The Client nonetheless has the possibility of entering into an inv estment advice agreement with the Bank separate from this Agreement. The advice service shall be subject to specific pricing which will be communicated to the Client at the time of entering into said agreement. The Bank shall no longer be in a position to collect management fee retrocessions and/or marketing or investment commissions from the af orementioned entities. In the context of providing the investment advice service, the Bank undertakes to prov ide the Client with advice f ocusing exclusively on f inancial instruments suited to his/her f inancial situation, investment objectives, and also know-how and experience on f inancial matters. The Bank also undertakes to check, f rom time to time, that the f inancial instruments advised to the Client continue to correspond to all of the above- mentioned items.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

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INVESTMENTADVICE SERVICE. The Bank is required to provide the Client with the non-independent investment advice serv ice. In that context, the Bank shall prov ide the Client with personalised recommendations that will cov er f inancial instruments issued or managed by the Bank, an entity within its Group or a company having close links of a legal, contractual or economic nature with the Bank. In this respect, the Bank is required to collect management fee retrocessions and/or marketing or inv estment commissions from said entities. The Client nonetheless has the possibility of entering into an inv estment advice agreement with the Bank separate from this Agreement. The advice service shall be subject to specific pricing which will be communicated to the Client at the time of entering into said agreement. The Bank shall no longer be in a position to collect management fee retrocessions and/or marketing or investment commissions from the af orementioned entities. In the context of providing the investment advice service, the Bank undertakes to prov ide the Client with advice f ocusing exclusively on f inancial instruments suited to his/her its f inancial situation, investment objectives, and also know-how and experience on f inancial matters. The Bank also undertakes to check, f rom from time to time, that the f inancial instruments advised to the Client continue to correspond to all of the above- mentioned items.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

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