Discretionary Managed Account definition

Discretionary Managed Account means a Personal Account (as defined below) for which an Employee has completely relinquished decision-making authority to a professional money manager (who is not a Family Member or not otherwise covered by this Code), and over which the Employee has no direct or indirect influence or control. Such Discretionary Managed Accounts are often referred to as “professionally managed,” “controlled” or “managed” accounts.

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Discretionary Managed Account means an account for which the Employee has designated investment discretion entirely to a third party. In such account, the Employee cannot exercise any investment discretion in the purchase or sale of securities.

Discretionary Managed Account means trading accounts that falls into one of two categories:

Examples of Discretionary Managed Account in a sentence

• You may continue to receive Stash’s advisory services under this Advisory Agreement pursuant to the Program even after a Discretionary Managed Account has been closed.

• When Stash receives notice of a vote regarding a corporate action, legal proceeding or other related matter for a security in the Client’s Discretionary Managed Account, Stash will forward such notice to the Client’s email.

• You acknowledge and agree that if you request a withdrawal or sale of Automated Selected Investments in your Discretionary Managed Account and following the sale of such securities by Stash at the time and in the amounts calculated by Stash’s portfolio management system your Discretionary Managed Account falls below the Minimum Balance, then Stash reserves the right to terminate your Discretionary Managed Account.

• Further, if you request a withdrawal or sale of Automated Selected Investments in your Discretionary Managed Account in an amount equal to 90% or more of the total balance in your Discretionary Managed Account immediately prior to the execution of your withdrawal or sale request, then Stash reserves the right to terminate your Discretionary Managed Account.

• For Trading Authority and Your Instructions related to your Discretionary Managed Account, please refer to the information detailed under “II.

• Additional information relating to withdrawals in your Discretionary Managed Account (as applicable) is included under “III.

• In the event of a liquidation or transfer of the assets in your Discretionary Managed Account to another account, you hereby authorize Stash to instruct the Broker and/or Custodian to sell fractional shares as necessary and transfer the cash to any subsequent custodian.

• You may, subject to the terms and conditions of this Advisory Agreement, fund your Stash Account by initiating or directing a deposit of $0.01 or more through the Platform at any time, provided, however, that solely with respect to your Discretionary Managed Account, once your Discretionary Managed Account meets a threshold of $1.00, Stash will automatically invest the total cash amount in your Discretionary Managed Account into the Automated Selected Investments.

• You agree and acknowledge that the minimum balance for opening a Discretionary Managed Account is $5.00 (“Minimum Opening Balance”).

• For more information on trading authority in your Discretionary Managed Account, refer to “II.

More Definitions of Discretionary Managed Account

Discretionary Managed Account means an account for which an Access Person has a beneficial interest but has completely and fully granted decision-making authority to a third party investment adviser (who is not an immediate family member or not otherwise covered by this Code, although the Adviser may be retained in such a capacity by an Access Person – subject, of course, to the terms of this Code), and over which the Access Person does not have direct or indirect influence or control. The third party investment adviser must exercise all trading discretion over the account and will not accept any order to buy or sell specific securities from the Access Person or from any person on behalf of the Access Person. Such account is reportable to the CCO, but may be exempt from pre-clearance only if the CCO is satisfied that such account is truly discretionary. The Access Person may be required to provide the CCO with a copy of the executed contract that grants such authority to the third party investment adviser.

Discretionary Managed Account means an account managed on a discretionary basis by a person other than the Supervised Person over which the Supervised Person certifies that he or she has no direct or indirect influence or control over the selection or disposition of securities and no knowledge of transactions, and documentation describing that relationship has been submitted to and approved by the CCO.

Discretionary Managed Account means a Covered Securities account that is managed on a discretionary basis by an external manager, investment adviser or trustee, where you do not exercise direct or indirect investment control or influence over the investment decisions.

Discretionary Managed Account means an account for which the Supervised Person has designated investment discretion entirely to a third party (i.e., an investment manager). In such account, the Supervised Person does not have the ability to exercise any investment discretion over the purchase or sale of securities.

Discretionary Managed Account means the account of a client for which a person makes investment decisions, to the extent that he or she has the discretionary power to carry out transactions in securities without having to obtain the consent of the client to each operation;

Discretionary Managed Account means the account of a client for which a person makes investment decisions, to the extent that he or she has the discretionary power to carry out transactions in securities without having to obtain the consent of the client to each operation;