AMS Managed Account definition

AMS Managed Account refers to Advisory Accounts in Programs through which AMS as Program sponsor provides discretionary advisory services (“AMS Managed Programs”). AMS organizes and administers these Programs as wrap sponsor, including selecting investments or selecting other investment advisers (e.g., the Managers) to participate, and be available for your selection, in the Program. The types of AMS Managed Accounts are more fully described below in the “Advisory Account Programs” section of this MAA. AMS Managed Accounts may also be referred to as “Firm managed” or “Xxxxxxx Xxxxx managed” in other Xxxxxxx Xxxxx documents or agreements.
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Examples of AMS Managed Account in a sentence

  • AMS, as Subadviser to AMS Managed Accounts, may terminate an AMS Managed Account, at AMS’s discretion, by providing written notice of such election to you.

  • In certain circumstances, including changes to your Advisory Account resulting from a change in your IAR’s circumstances or association with Xxxxxxx Xxxxx, your AMS Managed Account may continue to be governed under this MAA, and the applicable Program Supplement, and not terminated until terminated by you; you will receive notice from us in any such circumstance.

  • For AMS Managed Account Programs, your Adviser maintains sole responsibility for determining the appropriateness of any Advisory Account Program, the use of Subadvisers or Managers, and any related investment strategy or discipline.

  • Through your selection at any time during your relationship with your Adviser of an AMS Managed Account, you hereby also appoint RJA, through AMS, as Subadviser, to your AMS Managed Account(s).

  • You must make a separate trade confirmation frequency election for each AMS Managed Account that you open, and your selection will be confirmed to you in your “New Advisory Accounts ● Details and Features” with your other new Account details promptly following inception of your Advisory Account.

  • For AMS Managed Account Programs, when cash is depleted, the Account will be re-balanced to the target allocation.

  • In AMS Managed Account Programs, you may request reasonable investment restrictions through your Investment Adviser Representative, which may include that AMS or Manager, as applicable, place certain industry or product type investment restrictions on your Account.

  • For certain AMS Managed Account Programs, if you change investment disciplines or strategies from one Manager to another, you will be refunded any prepaid Fee from the date of the change to the end of the prepaid billing period and be billed for the newly designated Manager’s investment discipline for the remainder of the period.

  • In AMS Managed Account Programs you may request reasonable investment restrictions through your Investment Adviser Representative, which may include that AMS or Manager, as applicable, place certain industry or product type investment restrictions on your Account.

  • Through your selection at any time during your relationship with your Adviser of an AMS Managed Account, you hereby also appoint AMS, as Subadviser, to your AMS Managed Account(s).

Related to AMS Managed Account

  • fully managed account means an account of a client for which a person makes the investment decisions if that person has full discretion to trade in securities for the account without requiring the client’s express consent to a transaction;

  • Discretionary Portfolio Manager means a Portfolio Manager who exercises or may, under a contract relating to portfolio management, exercise any degree of discretion as to the investments or management of the portfolio of securities or the funds of the Client, as the case may be.

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Covered Account means an Account established by a financial intermediary for another as the owner of record on the Fund Registry and through which such owner of record has the ability to conduct transactions in Fund shares directly with and through BNYM.

  • Online Banking is the internet-based service providing access to your Bank account(s);