Common use of Special Considerations for Margin Accounts Clause in Contracts

Special Considerations for Margin Accounts. Any Wrap Fee you pay on a margin account balance will be in addition to interest charges that would be assessed to you for the extension of credit in a margin account. If Sponsor or its affiliates extend margin credit to you, you understand and agree that your financial advisor may receive additional compensation in connection with your margin account balance. Therefore, your financial advisor may have a financial incentive to recommend that you acquire securities positions on margin or otherwise have margin credit extended to you. If you do have such margin credit extended to you, the costs you will incur, as well as the compensation received by your financial advisor, will generally increase

Appears in 4 contracts

Samples: Advantage Client Agreement, Advantage Client Agreement, Ameriprise Strategic Portfolio Service Advantage Client Agreement

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