Discretionary Management definition

Discretionary Management means the management on a discretionary basis of an investment portfolio of Financial Instruments pursuant to a general mandate given by the investor, of which the Dealings in this respect do not require any notification or approval by the investor.

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Discretionary Management means the ability, directly and indirectly, to direct or cause the direction of the management or policies of an entity or undertaking, whether through the ownership of voting securities or by contract, including as the general partner (of a partnership), manager, managing trustee or executor or otherwise.

Discretionary Management. The extent to which the Independent Fiduciary is permitted to exercise authority and control over New Common Stock held by the VEBA Trust under the documents governing the VEBA Trust.

Examples of Discretionary Management in a sentence

• This is provided in conjunction with our relevant Advisory or Discretionary Management Services.

• For Discretionary clients, your investment portfolio will be kept under review in line with the signed Discretionary Management Agreement.

• The relevant risk warnings for these investments will be set out in your suitability letter or held within the Appendices of the Discretionary Management Agreement.

• If you specify and we agree to any investment restrictions, these will be confirmed to you in your Suitability Report or Discretionary Management Agreement.

• Specific warnings relevant to the investments, or investment strategies, we recommend will be confirmed to you in your Suitability Report or Discretionary Management Agreement.

• By signing the relevant section of the Discretionary Management Agreement you confirm that you have read and understood the risk warnings and guidelines.

• Should we be required to communicate with you in writing we will send the communication to you at the address or facsimile number set out in the Discretionary Management Agreement or such other addresses as agreed with us.

• Any fees payable in respect of your Managed Account(s), including the currency conversion fees charged by the Firm where foreign currency is bought or sold to trade securities in your Account, will be provided for under your Discretionary Management Agreement with WSI.

• The management and brokerage fees are those applicable to Discretionary Management.

• In order to determine whether the Client meets the requirements ACM reserves the right to consider any assets under ACM’s management in accordance with the Discretionary Management Agreement (incorporating the ACM Discretionary Management Terms of Business) if such an agreement is entered into between ACM and the Client and in force.

More Definitions of Discretionary Management

Discretionary Management means the extent to which the Independent Fiduciary is permitted to exercise authority and control over the Common Stock held by the VEBA Trust under the Stock Transfer Restriction and Voting Restriction entered into on August 1, 2003 between the Company and WesBanco Bank, Inc., and agreed to by the Independent Fiduciary (the "Stock Transfer Restriction and Voting Agreement"), under the engagement letter agreement of August 1, 2003 between the Company and the Independent Fiduciary, and under this Agreement.

Discretionary Management means the management of a portfolio of securities where the manager has been granted discretionary powers to select investments and buy and sell them without the prior consent of the company;