Trading Authorization. Prior to the Company’s acceptance of trading advice from the Trading Advisor in accordance with this Agreement, the Company shall deliver to the Trading Advisor a trading authorization in the form of Appendix C hereto appointing the Trading Advisor as an agent of the Company and attorney-in-fact for such purpose.
Trading Authorization. Your Investment Advisor(s) is authorized to buy and sell (including short sales) equities, bonds, option contracts, and any other related securities, including selecting a money fund or bank deposit product as a sweep option in Your Account, and/or contracts, on margin or otherwise, in accordance with this Agreement and the policies of Pershing Advisor Solutions. For all purchases and sales, Pershing Advisor Solutions is authorized to follow all your Investment Advisor(s)’ instructions. Except as herein otherwise provided, the Investment Advisor(s) is authorized to act for You in the same manner and with the same force and effect as You might
Trading Authorization. You acknowledge receipt and understanding of this Agreement’s trading authorization terms. You consent to granting trading authorization as defined in Section IV, Paragraph CC of the Terms and Conditions of this Agreement. Third Party Authorization. If applicable under your Investment Advisor Agreement, you have appointed your Investment Advisor to manage your Brokerage Account. You authorize Pershing Advisor Solutions to accept instructions from your Investment Advisor only as authorized in this Agreement and any letters of authorization that you complete, sign and submit.
Trading Authorization. A Limited Power of Attorney (LPOA) is generally executed with the custodian of Client assets. The LPOA does not provide Portfolio Advisors, Inc. with custody of Client securities. Portfolio Advisors, Inc. does not and will not have custody of Client funds or securities. The LPOA provides Portfolio Advisors, Inc. with the power to execute trades on the Client’s behalf, and authorizes the custodian to deduct management fees from Client’s account upon direction from Portfolio Advisors, Inc. Generally, Portfolio Advisors, Inc. will recommend a particular broker to execute securities transactions. Client, however, retains authority to direct trades to other brokers. Portfolio Advisors, Inc. will not exercise discretionary control over any of Client’s assets. Portfolio Advisors, Inc. shall be responsible only to make investment recommendations to Client and to execute investment transactions after obtaining Client’s approval. Client will retain absolute discretion over all investment decisions. Once an asset allocation is agreed upon for the portfolio, a Model Portfolio is developed which identifies specific target percentages for each asset. If the actual percentages diverge from the target percentages, Client authorizes Portfolio Advisors, Inc. to buy and/or sell securities to rebalance the portfolio closer to the targets. If Client requests a cash withdrawal, Client authorizes Portfolio Advisors, Inc. to sell assets, if necessary, to meet the cash needs. Certain asset sales could result in taxable gains. Portfolio Advisors, Inc. will consult with Client prior to any sale that might result in significant capital gains. Client authorizes Portfolio Advisors, Inc. to invest cash deposits made to Client accounts in order to move the portfolio closer to the target percentages. Account custodians will debit Client accounts for various trading expenses, including brokerage commissions, margin interest, custodial fees, and bank or brokerage service fees, as applicable. No portion of such fees is received by Portfolio Advisors, Inc. or by its principals or its Advisory Representatives. All information you may furnish to Portfolio Advisors, Inc., including the Firm’s Associated Persons, and all information and advice we provide the Client, shall be treated as confidential and shall not be disclosed to third parties. The only exceptions to this policy are when the Client specifically directs us to provide information to a third party or where we may be required to do so ...
Trading Authorization. Client hereby grants LPL complete and unlimited discretionary trading authorization with respect to the purchase and sale of mutual funds, ETFs and equity and fixed income securities and the liquidation of previously purchased mutual funds, ETFs and equity and fixed income securities in the Account. If a Portfolio is selected that includes a municipal security Model (“Muni Model”), Client hereby grants the PWP Advisor for that Model complete and unlimited discretionary trading authorization with respect to the purchase and sale of fixed income securities and the liquidation of previously purchased fixed income securities for the portion of the Account invested according to the Muni Model (the “Muni Sleeve”). Although the PWP Advisor has discretion over the Muni Sleeve, LPL has ultimate discretion over the entire Account and reserves the right to exercise discretion over securities in the Muni Sleeve (e.g., to rebalance the Account or to liquidate securities for withdrawal requests). Client hereby appoints LPL, Advisor and the PWP Advisor (in the case of a Muni Model) as agent and attorney-in-fact with respect to such trading authorization. Client authorizes LPL to appoint from time to time other PWP Advisors to take discretion over a portion of the Account managed according to that PWP Advisor’s Model. Client may also provide LPL with instructions to not purchase certain equity securities, specific industries, specific sectors, and certain pre-defined categories (e.g. “sin” stocks). In the event that client restrictions prevent the investment in certain securities otherwise recommended by a PWP Advisor, assets will be invested pro-rata across the remaining securities in the Model. Client understands that such restrictions will not apply to any mutual funds, ETFs or fixed-income securities that may be held in the Account. Client also understands that restrictions placed on the Account may affect the performance of the Account and that the OPM may choose not to accept an account with restrictions that are inconsistent with the investments chosen by the OPM or as recommended by the PWP Advisor. In order to permit trading in a tax-efficient manner, Client further expressly grants LPL, Advisor, or, in certain circumstances, the PWP Advisor the authority to select specific tax lots when liquidating securities within the Account. Other than as described in Xxxxxxx 00, XXX and Advisor are not authorized to withdraw or transfer any money, securities, or property ei...
Trading Authorization. Client grants GBM Wealth Management complete and unlimited trading authorization with respect to the Client Accounts and appoints GBM Wealth Management as agent on Client’s behalf and attorney in fact. GBM Wealth Management may, in its sole discretion purchase, sell, exchange, convert and trade the Securities and other investments at Client’s risk. This authorization is a continuing one and shall remain in full force and effect and be relied on until terminated by notice in writing as set forth herein. GBM Wealth Management is not authorized to withdraw or transfer any money, the Securities or property out of the Account either in the name of Client or otherwise, without the written permission of Client. Client acknowledges and agrees that (i) subject to any limitations specified by Client in writing, GBM Wealth Management's normal investment policies do not conflict with and are permitted by any limitations relevant to the Account; and (ii) Client will execute any documentation reasonably required by Xxxxxx and Custodian to effect or document the trading authorization. By executing this Agreement and depositing securities in the Account, Client hereby authorizes GBM Wealth Management to provide liquidation instructions to Broker to liquidate, at their current market value, any securities deposited into the Client Account that do not match the portfolio holdings GBM Wealth Management considers to be adequate for the Account. Client acknowledges that the liquidation of securities in the Account may result in a taxable event for Client.
Trading Authorization. Client hereby grants LPL and IAR complete and unlimited discretionary trading authorization with respect to the purchase and sale of No-Load and Load-Waived Mutual Funds (including UITs, closed-end funds and exchange-traded funds), the sale of previously purchased Load Mutual Funds, and the purchase and sale (“Transfer”) of separate accounts within Variable Annuities, in the Account. Client hereby appoints IAR as agent and attorney-in-fact with respect to this trading authorization. Client also authorizes IAR, acting at Client’s direction, to effect transactions in other securities approved by LPL for investment in the Account. Client acknowledges that option transactions in the Account are limited to covered calls and protective puts. Other than as described in Section 16 and 17, LPL and IAR are not authorized to withdraw or transfer any money, securities or property either in the name of Client or otherwise. Client understands that IAR is prohibited from taking personal possession of Client securities, stock powers, monies or any other personal or real property in which Client may have an interest. In addition, Client understands that IAR may not lend to or borrow from Client any monies or securities. Client further agrees not to enter into any other business relationship with IAR including, but not limited to, helping to capitalize or finance any business of IAR. Client retains the right to Transfer separate accounts within Variable Annuities by contacting the Variable Annuity sponsor directly if desired. It is the Client’s responsibility to notify IAR promptly if this right is exercised so as to avoid potential adverse consequences to the Account. Client understands that LPL, IAR and their affiliates may perform advisory and/or brokerage services for various other clients, and that IAR may give advice or take actions for those clients that differ from the advice given or the timing or the nature of any action taken for the Account. In addition, LPL and IAR may, but are not obligated to, purchase or sell or recommend for purchase or sale any security which LPL or IAR or any of their affiliates may purchase or sell for their own accounts or the account of any other client. In no event will LPL or IAR be obligated to effect any transaction for Client which it believes would violate any applicable state or federal law, rule or regulation, or the rules or regulations of any regulatory or self-regulatory body. This trading authorization is a continuing one a...
Trading Authorization. If I have indicated above that my Adviser will have the authority to direct the brokerage firm to execute trades in my account, I authorize my Adviser to be my agent and attorney-in-fact, and as such to give instructions to the brokerage firm regarding any account, and to take all other actions necessary or incidental to the execution of such instructions. If my account has a margin feature, my Adviser is authorized to direct the brokerage firm to trade on margin, to sell short, to borrow securities, to otherwise cause credit to be extended through the Account and to secure the performance of obligations in the Account with any assets held in the Account (the “Account Assets”). If my account is authorized for option trading, my Adviser is authorized to direct the brokerage firm to purchase and sell (write) index participation contracts and covered and uncovered option contracts on securities and securities-related indexes. The brokerage firm, and other people of brokerage firm have given instructions to in order to implement my Adviser’s instructions, may rely on my Adviser’s instructions without obtaining my approval, counter-signature or co-signature. The Adviser’s authority will include, without limitation, the authority to give instructions for transactions in securities and financial instruments, including the buying and selling of stocks, bonds, debentures, notes, subscription warrants, stock purchase warrants, covered options (if I have authorized trading covered options), mutual fund shares, evidences of indebtedness and any other securities, instruments or contracts relating to securities; and for purchases, sales and where necessary to complete any transaction, the authority to transfer, convert, endorse, sell assign, set over and deliver any Account Assets and to make, execute, and deliver any and all written instruments of assignment and transfer. I further authorize the brokerage firm, acting upon Adviser’s instructions, to aggregate transaction orders for my account with orders for one or more other accounts over which Adviser has investment discretion or to accept or deliver assets in transactions executed by other broker-dealers where Adviser has so aggregated orders. I agree that if any such aggregated order is executed in more than one transaction, my portion of such order may be deemed to have been executed at the weighted average of the prices at which all of such transactions were executed.
Trading Authorization. Prior to the Fund commencing operations, the Fund shall deliver to the Trading Advisor a trading authorization in the form of Appendix B hereto appointing the Trading Advisor as an agent of the Fund and attorney-in-fact for such purpose.
Trading Authorization. Client hereby grants Adviser complete, unlimited discretionary trading authorization and appoints Adviser as agent and attorney-in-fact with respect to the Account. Pursuant to such authorization, Adviser may, in its sole discretion and at Client's risk, purchase, sell, exchange, convert and otherwise trade in the securities and other investments in the Account on such markets, at such prices and at such commission as Adviser believes to be in the best interest of the Account. Adviser shall also have authority to arrange for delivery and payment in connection with transactions for the Account, and act on behalf of the Client and in all other matters necessary or incidental to the handling of the Account. This authorization does not grant Adviser permission to take delivery or possession of Client's funds or securities. Client acknowledges Adviser will not be responsible for any loss or liability incurred by reasons of any willful or negligent action or failure to act on the part of Client's custodian or broker. This trading authorization is a continuing one and shall remain in full force and effect until terminated by Client or Adviser pursuant to the provisions of this Agreement. The termination of this authorization will constitute a termination of the Agreement.
