Platform Account Authorizations Clause Samples

Platform Account Authorizations. In the Broker-Dealer Agreement, the Client will authorize a Participating Broker-Dealer to, among other things: a. provide Advisor and Altruist with access to Platform Account information; b. act on the instructions of Altruist or Advisor to (A) implement automatic rebalancing and trading and, if applicable, tax-loss harvesting, and (B) suspend or resume trading in the Client’s Platform Account in the event that Altruist reasonably believes that the Automated Investment Engine may not function as intended or pursuant to some other authorized suspension; c. send to such combination of Altruist, Advisor and/or the Client, as instructed by the Client consistent with any Platform limitations, certain issuer communications; d. act on Altruist’s instructions with respect to the payment of fees described in Section 5 below; and e. act on Advisor’s instructions with respect to payment of Advisor’s fees. The Participating Broker-Dealer may act on the trading instructions of Altruist (as agent of Advisor) or the Advisor, with respect to trading in the Client’s Platform Account including selecting, modifying or replacing the Portfolio for the Client’s Platform Account. Trading instructions implementing Advisor’s investment discretion, if any, over the Platform Account shall be given to a Participating Broker-Dealer by ▇▇▇▇▇▇▇▇, as Advisor’s agent, via the Automated Investment Engine and the Platform.