[{"data":1,"prerenderedAt":523},["ShallowReactive",2],{"document-investment-advisory-agreement-D13989":3},{"document":4,"label":21,"preview":11,"thumb":22,"thumb600":23,"description":5,"descriptionCustom":6,"apiDescription":5,"pages":8,"extension":10,"parents":24,"breadcrumb":28,"related":36,"customDescModule":177,"customdescription":6,"mdFm":178,"mdProseHtml":522},{"description":5,"descriptionCustom":6,"label":7,"pages":8,"size":9,"extension":10,"preview":11,"thumb":12,"svgFrame":13,"seoMetadata":14,"parents":16,"keywords":15},"INVESTMENT ADVISORY AGREEMENT This Investment Advisory Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [CLIENT NAME] (the \"Client\"), an individual/entity with its principal place of residence/business located at: [COMPLETE ADDRESS] AND: [ADVISOR NAME] (the \"Advisor\"), an individual/entity with its principal place of residence/business located at: [COMPLETE ADDRESS] WHEREAS, the Client desires to retain the Advisor to provide investment advisory services in connection with the management of the Client's investment portfolio (the \"Portfolio\"); WHEREAS, the Advisor agrees to provide such services under the terms and conditions set forth herein; NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, the Parties hereto agree as follows: APPOINTMENT OF ADVISOR Appointment: The Client hereby appoints the Advisor as their investment advisor to provide the services described in this Agreement, and the Advisor accepts such appointment. Authority: The Advisor shall have discretionary authority to manage the Client's Portfolio in accordance with the investment guidelines set forth in this Agreement, subject to any specific instructions provided by the Client in writing. SERVICES PROVIDED 2.1 Investment Management: The Advisor shall manage the Client's Portfolio by selecting, purchasing, and selling securities and other investments on behalf of the Client, in accordance with the Client's investment objectives, risk tolerance, and any other instructions provided by the Client. 2.2 Reporting: The Advisor shall provide the Client with periodic reports detailing the performance of the Portfolio, including the value of the investments, transactions made, and any fees or expenses incurred. 2.3 Consultation: The Advisor shall be available for consultation with the Client regarding the Portfolio and shall provide advice and recommendations as requested by the Client. 2.4 Compliance: The Advisor shall comply with all applicable laws, regulations, and fiduciary obligations in the performance of its duties under this Agreement. INVESTMENT OBJECTIVES AND GUIDELINES 3.1 Investment Objectives: The Client's investment objectives are [SPECIFY OBJECTIVES, e.g., capital preservation, income generation, growth, etc.]. The Advisor shall manage the Portfolio in accordance with these objectives. 3.2 Risk Tolerance: The Client's risk tolerance is [SPECIFY LEVEL OF RISK, e.g., conservative, moderate, aggressive]. The Advisor shall consider this risk tolerance when making investment decisions. 3.3 Investment Restrictions: The Client has provided the following investment restrictions, which the Advisor agrees to follow: [SPECIFY RESTRICTIONS, e.g., no investments in certain industries, limits on concentration, etc.]. COMPENSATION 4.1 Advisory Fees: The Client agrees to pay the Advisor a fee for its services, calculated as [SPECIFY FEE STRUCTURE, e.g., a percentage of the assets under management, a flat fee, or a combination thereof]. 4.2 Payment Terms: The advisory fee shall be payable [MONTHLY/QUARTERLY/ANNUALLY] in arrears, based on the average value of the Portfolio during the preceding period. The Advisor is authorized to deduct the fee directly from the Client's Portfolio account, unless otherwise agreed. 4.3 Expenses: The Client shall be responsible for all expenses related to the management of the Portfolio, including but not limited to brokerage commissions, custodial fees, and other transactional costs. TERM AND TERMINATION 5.1 Term: This Agreement shall commence on [START DATE] and continue until [END DATE], unless terminated earlier in accordance with the terms of this Agreement. 5.2 Termination by Client: The Client may terminate this Agreement at any time by providing [NUMBER OF DAYS] days' written notice to the Advisor. 5",null,"Investment Advisory Agreement","5",513,"doc","https://templates.business-in-a-box.com/imgs/1000px/investment-advisory-agreement-D13989.png","https://templates.business-in-a-box.com/imgs/250px/13989.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#13989.xml",{"title":15,"description":6},"investment advisory agreement",[17,20],{"label":18,"url":19},"Business Plan Kit","/templates/business-plan-kit/",{"label":18,"url":19},"Investment Advisory Agreement Template","https://templates.business-in-a-box.com/imgs/400px/13989.png","https://templates.business-in-a-box.com/imgs/600px/13989.png",[25,17,20],{"label":26,"url":27},"Templates","/templates/",[29,30,33],{"label":26,"url":27},{"label":31,"url":32},"Finance & Accounting","/templates/finance-accounting/",{"label":34,"url":35},"Equity & Investment","/templates/equity-and-investment/",[37,41,45,49,53,57,61,65,69,74,78,82,86,104,119,134,146,161],{"label":38,"url":39,"thumb":40,"extension":10},"Advisory Agreement","/template/advisory-agreement-D13244","https://templates.business-in-a-box.com/imgs/250px/13244.png",{"label":42,"url":43,"thumb":44,"extension":10},"Investment Management Agreement","/template/investment-management-agreement-D13990","https://templates.business-in-a-box.com/imgs/250px/13990.png",{"label":46,"url":47,"thumb":48,"extension":10},"Investment Agreement","/template/investment-agreement-D12831","https://templates.business-in-a-box.com/imgs/250px/12831.png",{"label":50,"url":51,"thumb":52,"extension":10},"Advisory Board Agreement","/template/advisory-board-agreement-D13898","https://templates.business-in-a-box.com/imgs/250px/13898.png",{"label":54,"url":55,"thumb":56,"extension":10},"LLC Investment Agreement","/template/llc-investment-agreement-D12832","https://templates.business-in-a-box.com/imgs/250px/12832.png",{"label":58,"url":59,"thumb":60,"extension":10},"Investment Portfolio Strategy","/template/investment-portfolio-strategy-D13991","https://templates.business-in-a-box.com/imgs/250px/13991.png",{"label":62,"url":63,"thumb":64,"extension":10},"Non-Profit Investment Policy","/template/non-profit-investment-policy-D14019","https://templates.business-in-a-box.com/imgs/250px/14019.png",{"label":66,"url":67,"thumb":68,"extension":10},"Investment Policy Statement","/template/investment-policy-statement-D12883","https://templates.business-in-a-box.com/imgs/250px/12883.png",{"label":70,"url":71,"thumb":72,"extension":73},"Investment Calculator","/template/investment-calculator-D374","https://templates.business-in-a-box.com/imgs/250px/374.png","xls",{"label":75,"url":76,"thumb":77,"extension":10},"Investment Proposal","/template/investment-proposal-D13992","https://templates.business-in-a-box.com/imgs/250px/13992.png",{"label":79,"url":80,"thumb":81,"extension":10},"Investment Plan","/template/investment-plan-D13228","https://templates.business-in-a-box.com/imgs/250px/13228.png",{"label":83,"url":84,"thumb":85,"extension":10},"Training Investment and Reimbursement Policy","/template/training-investment-and-reimbursement-policy-D13794","https://templates.business-in-a-box.com/imgs/250px/13794.png",{"description":87,"descriptionCustom":6,"label":88,"pages":89,"size":9,"extension":10,"preview":90,"thumb":91,"svgFrame":92,"seoMetadata":93,"parents":95,"keywords":102,"url":103},"CONSULTING AGREEMENT This Consulting Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [CONSULTANT NAME] (the \"Consultant\"), an individual with his main address located at OR a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [YOUR COMPANY NAME] (the \"Company\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] In the event of a conflict in the provisions of any attachments hereto and the provisions set forth in this Agreement, the provisions of such attachments shall govern. In consideration of the foregoing and of the mutual promises set forth herein, and intending to be legally bound, the parties hereto agree as follows: RECITALS Consultant has expertise in the area of the Company's business and is willing to provide consulting services to the Company. The Company is willing to engage Consultant as an independent contractor, and not as an employee, on the terms and conditions set forth herein. The Company desires to obtain the services of Consultant by means of services provided by Consultant's employees dispatched by Consultant to provide services to Company hereunder (\"Agents\"), on its own behalf and on behalf of all existing and future Affiliated Companies (defined as any corporation or other business entity or entities that directly or indirectly controls, is controlled by, or is under common control with the Company), and Consultant desires to provide consulting services to the Company upon the following terms and conditions. The Company has spent significant time, effort, and money to develop certain Proprietary Information (as defined below), which the Company considers vital to its business and goodwill. The Proprietary Information will necessarily be communicated to or acquired by Consultant and its Agents in the course of providing consulting services to the Company, and the Company desires to obtain the services of Consultant, only if, in doing so, it can protect its Proprietary Information and goodwill. SERVICES Consultant agrees to perform for Company the services listed in the Scope of Services section in Exhibit A, attached hereto and executed by both Company and Consultant. Such services are hereinafter referred to as \"Services.\" Company agrees that consultant shall have ready access to Company's staff and resources as necessary to perform the Consultant's services provided for by this contract. CONSULTING PERIOD Basic Term The Company hereby retains the Consultant and Consultant agrees to render to the Company those services described in Exhibit A for the period (the \"Consulting Period\") commencing on the date of this Agreement and ending upon the earlier of (i) [APPLICABLE DATE], (the \"Term Date\"), and (ii) the date the Consulting Period is terminated in accordance with Section 7. The Company shall pay the Consultant the compensation to which it is entitled under Section 5 through the end of the Consulting Period, and, thereafter, the Company's obligations hereunder shall end. Renewal Subject to Section 7, the Consulting Period will be automatically renewed for an additional [AGREED UPON NUMBER OF MONTHS] month period (without any action by either party) on the Term Date and on each anniversary thereof, unless one party gives to the other written notice [NUMBER] days in advance of the beginning of any [AGREED UPON NUMBER OF MONTHS] month renewal period that the Consulting Period is to be terminated, provided, that in no event shall the Consulting Period extend beyond [DEADLINE DATE]. Either party's right to terminate the Consulting Period, instead of renewing the Agreement, shall be with or without cause. DUTIES AND RESPONSIBILITIES Consultant hereby agrees to provide and perform for the Company those services set forth on Exhibit A attached hereto. Consultant shall devote its best efforts to the performance of the services and to such other services as may be reasonably requested by the Company and hereby agrees to devote, unless otherwise requested in writing by the Company, (a minimum of at least [AGREED UPON NUMBER OF HOURS] hours of service per week/or assign [AGREED UPON NUMBER OF INDIVIDUALS] individuals to provide services to the Company). Consultant shall use its best efforts to furnish competent Agents possessing a sufficient working knowledge of the Company's research, development and products to fulfill Consultant's obligations hereunder. Any Agent of Consultant who, in the sole opinion of the Company, is unable to adequately perform any services hereunder shall be replaced by Consultant within [AGREED UPON NUMBER OF DAYS] days after receipt of notice from the Company of its desire to have such Agent replaced. Consultant shall use its best efforts to comply with, and to ensure that each of its Agents comply with, all policies and practices regarding the use of facilities at which services are to be perform hereunder. Consultant agrees and shall cause each of its Agents to agree to the Acknowledgement and Inventions Assignment attached hereto as Exhibit B, and Consultant shall deliver a signed original of such Acknowledgement and Inventions Assignment to Company prior to such Agent's commencement of the provision of services for the Company. Consultant shall obtain for the benefit of the Company, as an intended third-party beneficiary thereof, prior to the performance of any services hereunder by any of the Agents, the written agreement of Agent to be bound by terms no less restrictive than the terms of Sections 2, 5, 6, and 7 of this Agreement. Personnel supplied by Consultant to provide services to Company under this Agreement will be deemed Consultant's employees or agents and will not for any purpose be considered employees or agents of Company. Consultant assumes full responsibility for the actions of such personnel while performing services pursuant to this Agreement, and shall be solely responsible for their supervision, daily direction and control, provision of employment benefits (if any) and payment of salary (including all required withholding of taxes). COMPENSATION, BENEFITS AND EXPENSES Compensation In consideration of the services to be rendered hereunder, including, without limitation, services to any Affiliated Company, Consultant shall be paid [AMOUNT], payable at the time and pursuant to the procedures regularly established, and as they may be amended, by the Company during the course of this Agreement. Benefits Other than the compensation specified in this 5.1, neither Consultant nor its Agents shall be entitled to any direct or indirect compensation for services performed hereunder. Expenses The Company shall reimburse Consultant for reasonable travel and other business expenses incurred by its Agents in the performance of the duties hereunder in accordance with the Company's general policies, as they may be amended from time to time during the course of this Agreement. INVOICING Company shall pay the amounts agreed to herein upon receipt of invoices which shall be sent by Consultant, and Company shall pay the amount of such invoices to Consultant. TERMINATION OF CONSULTING RELATIONSHIP By the Company or the Consultant At any time, either the Company or the Consultant may terminate, without liability, the Consulting Period for any reason, with or without cause, by giving [AGREED UPON NUMBER OF DAYS] days advance written notice to the other party. If the Consultant terminates its consulting relationship with the Company pursuant to Sections 2, 3 and 4, the Company shall have the option, in its complete discretion, to terminate Consultant immediately without the running of any notice period","Consulting Agreement Long","12","https://templates.business-in-a-box.com/imgs/1000px/consulting-agreement---long-D12543.png","https://templates.business-in-a-box.com/imgs/250px/12543.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12543.xml",{"title":94,"description":6},"consulting agreement long",[96,99],{"label":97,"url":98},"Legal Agreements","business-legal-agreements",{"label":100,"url":101},"Consulting Agreements","consulting-agreement","consulting agreement   long","/template/consulting-agreement---long-D12543",{"description":105,"descriptionCustom":6,"label":106,"pages":107,"size":9,"extension":10,"preview":108,"thumb":109,"svgFrame":110,"seoMetadata":111,"parents":113,"keywords":112,"url":118},"NON-DISCLOSURE AGREEMENT (NDA) This Non-Disclosure Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Disclosing Party\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [RECEIVING PARTY NAME] (the \"Receiving Party\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS, Receiving Party has been or will be engaged in the performance of work on [DESCRIBE]; and in connection therewith will be given access to certain confidential and proprietary information; and WHEREAS, Receiving Party and Disclosing Party wish to evidence by this Agreement the manner in which said confidential and proprietary material will be treated. NOW, THEREFORE, it is agreed as follows: NON-DISCLOSURE OF CONFIDENTIAL INFORMATION Both Parties understand and agree that each Party may have access to the confidential information of the other party. For the purposes of this Agreement, \"Confidential Information\" means proprietary and confidential information about the Disclosing Party's (or it's suppliers') business or activities. Such information includes all business, financial, technical, and other information marked or designated by such Party as \"confidential\" or \"proprietary.\" Confidential Information also includes information which, by the nature of the circumstances surrounding the disclosure, ought in good faith to be treated as confidential. For the purposes of this Agreement, Confidential Information does not include: Information that is currently in the public domain or that enters the public domain after the signing of this Agreement. Information a Party lawfully receives from a third Party without restriction on disclosure and without breach of a non-disclosure obligation. Information that the Receiving Party knew prior to receiving any Confidential Information from the Disclosing Party. Information that the Receiving Party independently develops without reliance on any Confidential Information from the Disclosing Party. Each Party agrees that it will not disclose to any third Party or use any Confidential Information disclosed to it by the other Party except when expressly permitted in writing by the other Party. Each Party also agrees that it will take all reasonable measures to maintain the confidentiality of all Confidential Information of the other Party in its possession or control. TERM The term of this Agreement is [number] of [years/months] from the date of execution by both Parties. TITLE The Receiving Party agrees that all Confidential Information furnished by the Disclosing Party shall remain the sole property of the Disclosing Party. DISCLAIMER","Non Disclosure Agreement Nda","3","https://templates.business-in-a-box.com/imgs/1000px/non-disclosure-agreement-nda-D12692.png","https://templates.business-in-a-box.com/imgs/250px/12692.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12692.xml",{"title":112,"description":6},"non disclosure agreement nda",[114,115],{"label":97,"url":98},{"label":116,"url":117},"Confidentiality Agreements","confidentiality-agreement","/template/non-disclosure-agreement-nda-D12692",{"description":120,"descriptionCustom":6,"label":121,"pages":122,"size":123,"extension":10,"preview":124,"thumb":125,"svgFrame":126,"seoMetadata":127,"parents":128,"keywords":132,"url":133},"INDEPENDENT CONTRACTOR AGREEMENT This Independent Contractor Agreement (\"Agreement\") is made and effective [Date], BETWEEN: [INDEPENDENT CONTRACTOR NAME] (the \"Independent Contractor\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [YOUR COMPANY NAME] (the \"Company\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] RECITALS Independent Contractor is engaged in providing [Describe] business services, its Employer Tax I.D. Number is [Insert], and its Business License Number is [insert]. Independent Contractor has complied with all Federal, State, and local laws regarding business permits, sales permits, licenses, reporting requirements, tax withholding requirements, and other legal requirements of any kind that may be required to carry out said business and the Scope of Work which is to be performed as an Independent Contractor pursuant to this Agreement. Independent Contractor is or remains open to conducting similar tasks or activities for clients other than the Company and holds themselves out to the public to be a separate business entity. Company desires to engage and contract for the services of the Independent Contractor to perform certain tasks as set forth below. Independent Contractor desires to enter into this Agreement and perform as an independent contractor for the company and is willing to do so on the terms and conditions set forth below. NOW, THEREFORE, in consideration of the above recitals and the mutual promises and conditions contained in this Agreement, the Parties agree as follows: TERMS This Agreement shall be effective commencing [Date], and shall continue until terminated at the completion of the Scope of Work which shall occur no later than [Date] or by either party as otherwise provided herein. STATUS OF INDEPENDENT CONTRACTOR This Agreement does not constitute a hiring by either party. It is the parties intentions that Independent Contractor shall have an independent contractor status and not be an employee for any purposes, including, but not limited to, [laws]. Independent Contractor shall retain sole and absolute discretion in the manner and means of carrying out their activities and responsibilities under this Agreement. This Agreement shall not be considered or construed to be a partnership or joint venture, and the Company shall not be liable for any obligations incurred by Independent Contractor unless specifically authorized in writing. Independent Contractor shall not act as an agent of the Company, ostensibly or otherwise, nor bind the Company in any manner, unless specifically authorized to do so in writing. TASKS, DUTIES, AND SCOPE OF WORK Independent Contractor agrees to devote as much time, attention, and energy as necessary to complete or achieve the following: [Describe]. The above to be referred to in this Agreement as the \"Scope of Work\". It is expected that the Scope of Work will completed by [Date]. Independent Contractor shall additionally perform any and all tasks and duties associated with the Scope of Work set forth above, including but not limited to, work being performed already or related change orders. Independent Contractor shall not be entitled to engage in any activities which are not expressly set forth by this Agreement. The books and records related to the Scope of Work set forth in this Agreement shall be maintained by the Independent Contractor at the Independent Contractor's principal place of business and open to inspection by Company during regular working hours. Documents to which Company will be entitled to inspect include, but are not limited to, any and all contract documents, change orders/purchase orders and work authorized by Independent Contractor or Company on existing or potential projects related to this Agreement. Independent Contractor shall be responsible to the management and directors of Company, but Independent Contractor will not be required to follow or establish a regular or daily work schedule. Supply all necessary equipment, materials and supplies. Independent Contractor will not rely on the equipment or offices of Company for completion of tasks and duties set forth pursuant to this Agreement. Any advice given Independent Contractors regarding the scope of work shall be considered a suggestion only, not an instruction. Company retains the right to inspect, stop, or alter the work of Independent Contractor to assure its conformity with this Agreement. ASSURANCE OF SERVICES Independent Contractor will assure that the following individuals (the \"Key Employees\") will be available to perform, and will perform, the Services hereunder until they are completed (identify by title and name as applicable): [Name of Key Employee, Title] [Name of Key Employee, Title] The Key Employees may be changed only with the prior written approval of the Company, which approval shall not be unreasonably withheld. COMPENSATION Independent Contractor shall be entitled to compensation for performing those tasks and duties related to the Scope of Work as follows: [Describe] Such compensation shall become due and payable to Independent Contractor in the following time, place, and manner: [Describe] NOTICE CONCERNING WITHHOLDING OF TAXES Independent Contractor recognizes and understands that it will receive a [specify tax] statement and related tax statements, and will be required to file corporate and/or individual tax returns and to pay taxes in accordance with all provisions of applicable Federal and State law. Independent Contractor hereby promises and agrees to indemnify the Company for any damages or expenses, including attorney's fees, and legal expenses, incurred by the Company as a result of independent contractor's failure to make such required payments. AGREEMENT TO WAIVE RIGHTS TO BENEFITS Independent Contractor hereby waives and foregoes the right to receive any benefits given by Company to its regular employees, including, but not limited to, health benefits, vacation and sick leave benefits, profit sharing plans, etc. This waiver is applicable to all non-salary benefits which might otherwise be found to accrue to the Independent Contractor by virtue of their services to Company, and is effective for the entire duration of Independent Contractor's agreement with Company. This waiver is effective independently of Independent Contractor's employment status as adjudged for taxation purposes or for any other purpose. Neither this Agreement, nor any duties or obligations under this Agreement may be assigned by either party without the consent of the other. TERMINATION This Agreement may be terminated prior to the completion or achievement of the Scope of Work by either party giving [number] days written notice. Such termination shall not prejudice any other remedy to which the terminating party may be entitled, either by law, in equity, or under this Agreement. NON-DISCLOSURE OF TRADE SECRETS, CUSTOMER LISTS AND OTHER PROPRIETARY INFORMATION Independent Contractor agrees not to disclose or communicate, in any manner, either during or after Independent Contractor's agreement with Company, information about Company, its operations, clientele, or any other information, that relate to the business of Company including, but not limited to, the names of its customers, its marketing strategies, operations, or any other information of any kind which would be deemed confidential, a trade secret, a customer list, or other form of proprietary information of Company. Independent Contractor acknowledges that the above information is material and confidential and that it affects the profitability of Company. ","Independent Contractor Agreement","6",62,"https://templates.business-in-a-box.com/imgs/1000px/independent-contractor-agreement-D160.png","https://templates.business-in-a-box.com/imgs/250px/160.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#160.xml",{"title":6,"description":6},[129],{"label":130,"url":131},"Consultant & Contractors","consulting-contractor-business","independent contractor agreement","/template/independent-contractor-agreement-D160",{"description":135,"descriptionCustom":6,"label":136,"pages":122,"size":9,"extension":10,"preview":137,"thumb":138,"svgFrame":139,"seoMetadata":140,"parents":142,"keywords":141,"url":145},"SERVICE AGREEMENT This SERVICE AGREEMENT (\"Agreement\") is effective [DATE], BETWEEN: [COMPANY NAME] (the \"Contractor\"), a company organized and existing under the laws of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [COMPANY NAME] (the \"Customer\"), a company organized and existing under the laws of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] (The Contractor and the Customer shall be individually referred to as a \"Party\" and collectively referred to as the \"Parties\", as the context may require). WHEREAS A. Contractor has experience and expertise in [DESCRIBE EXPERIENCE AND SERVICE]. B. Customer desires to have Contractor provide services for them. C. Contractor desires to provide services to Customer on the terms and conditions set forth herein (the \"Services\"). NOW THEREFORE, in consideration of the above recitals, the representations, warranties, and agreements contained in this Agreement and for other good and valuable consideration, the receipt and adequacy of which are now acknowledged, the Parties agree as follows: SERVICES PROVIDED Beginning on upon agreement to this contract, [CONTRACTOR] will provide to [CUSTOMER] the following service (collectively, the /Services\"): Description of the project: [DESCRIBE THE SERVICE REQUIRED]. SCOPE OF WORK Contractor agrees to provide Services pursuant to the Scope of Work set forth in Exhibit A attached hereto (the \"Scope of Work\"). TERM Unless both parties mutually agree on an extension, this contract will automatically terminate on [SPECIFY]. PERFORMANCE The parties agree to do everything possible to ensure that the terms of this Agreement take effect. PAYMENT FOR SERVICES In exchange for the Services rendered, a payment of [SPECIFY] will be made to the Contractor upon completion of the scheduled Services described in this Contract. If an invoice is not paid on the due date, interest will be added to the current balance. These amounts shall be payable, and the Customer shall pay all overdue amounts at the lesser of [SPECIFY] per cent per annum or the maximum percentage permitted by applicable law. Or Customer will pay Contractor as follows: [SPECIFY]. DELIVERY OF SERVICES The Contractor will exercise due diligence in the provision of services. However, the Customer acknowledges that the indicated delivery times and other payment milestones listed in Scope of Work are estimates and do not constitute final delivery dates. SECURITY The Contractor must make reasonable security arrangement to protect Material from unauthorized access, collection, use, alteration or disposal. OWNERSHIP RIGHT The Customer shall hold the copyright for the agreed version of the Services as delivered, and the Customer's copyright notice may be displayed in the final version. All works, ideas, discoveries, inventions, patents, products or other information that may be protected by copyright (collectively, the \"Work Product\" developed in whole or in part by the Contractor in connection with the Services, shall be the exclusive property of the Customer. Upon request, the Contractor shall execute all documents necessary to confirm or perfect the exclusive ownership of the Customer's \"Work Product\". The Contractor retains exclusive rights to pre-existing materials used in the Customer's projects. The Customer shall not have the right to reuse, resell or otherwise transfer material belonging to the contractor or third parties. The Contractor reserves the right to use the finished public product as an example of a product. RETURN OF PROPERTY Upon the expiry or termination of this Agreement, the Contractor will return to the Customer any property, documentation, records or Confidential Information which is the property of the Customer. COMPENSATION For all services rendered by the Contractor under this Agreement, the Customer shall indemnify the Contractor. In the event that the Customer fails to make any of the payments mentioned, the Contractor shall have the right, but shall not be obliged, to exercise any of the following remedies: ","Service Agreement","https://templates.business-in-a-box.com/imgs/1000px/service-agreement-D12711.png","https://templates.business-in-a-box.com/imgs/250px/12711.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12711.xml",{"title":141,"description":6},"service agreement",[143,144],{"label":97,"url":98},{"label":97,"url":98},"/template/service-agreement-D12711",{"description":147,"descriptionCustom":6,"label":148,"pages":8,"size":149,"extension":10,"preview":150,"thumb":151,"svgFrame":152,"seoMetadata":153,"parents":156,"keywords":159,"url":160},"CONFIDENTIALITY AGREEMENT This Confidentiality Agreement (\"Agreement\") is made and effective the [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Owner\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [RECIPIENT NAME] (the \"Recipient\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] In consideration of the terms and covenants of this agreement, and other valuable consideration, the parties agree as follows: WHEREAS, Recipient has requested information from Owner in connection with consideration of a possible transaction or relationship between Recipient and Owner. WHEREAS, in the course of consideration of the possible transaction or relationship, Owner may disclose to Recipient confidential, important, and/or proprietary trade secret information concerning Owner and its activities. THEREFORE, the parties agree to enter into a confidential relationship with respect to the disclosure by Owner to Recipient of certain information. Confidential Information Owner proposes to disclose certain of its confidential and proprietary information (the Confidential Information\") to Recipient. Confidential Information shall include all data, materials, products, technology, computer programs, specifications, manuals, business plans, software, marketing plans, financial information, and other information disclosed or submitted, orally, in writing, or by any other media, to Recipient by Owner. Confidential Information disclosed orally shall be identified as such within five (5) days of disclosure. Nothing herein shall require Owner to disclose any of its information. For purposes of this Agreement, the term \"Recipient\" shall include Recipient, the company he or she represents, and all affiliates, subsidiaries, and related companies of Recipient. For purposes of this Agreement, the term \"Representative\" shall include Recipient's directors, officers, employees, agents, and financial, legal, and other advisors. Exclusions Confidential Information does not include information that Recipient can demonstrate: (a) was in Recipient's possession prior to its being furnished to Recipient under the terms of this Agreement, provided the source of that information was not known by Recipient to be bound by a confidentiality agreement with or other continual, legal or fiduciary obligation of confidentiality to Owner; (b) is now, or hereafter becomes, through no act or failure to act on the part of Recipient, generally known to the public; (c) is rightfully obtained by Recipient from a third party, without breach of any obligation to Owner; or (d) is independently developed by Recipient without use of or reference to the Confidential Information. Recipient's Obligations Recipient agrees that the Confidential Information is to be considered confidential and proprietary to Owner and Recipient shall hold the same in confidence, shall not use the Confidential Information other than for the purposes of its business with Owner, and shall disclose it only to its officers, directors, or employees with a specific need to know. Recipient will not disclose, publish or otherwise reveal any of the Confidential Information received from Owner to any other party whatsoever except with the specific prior written authorization of Owner. Confidential Information furnished in tangible form shall not be duplicated by Recipient except for purposes of this Agreement. Upon the request of Owner, Recipient shall return all Confidential Information received in written or tangible form, including copies, or reproductions or other media containing such Confidential Information, within [NUMBER] days of such request. At Recipient's option, any documents or other media developed by the Recipient containing Confidential Information may be destroyed by Recipient. Recipient shall provide a written certificate to Owner regarding destruction within [NUMBER] days thereafter. Term The obligations of Recipient herein shall be effective [Non-Disclosure Period] from the date Owner last discloses any Confidential Information to Recipient pursuant to this Agreement. Further, the obligation not to disclose shall not be affected by bankruptcy, receivership, assignment, attachment or seizure procedures, whether initiated by or against Recipient, nor by the rejection of any agreement between Owner and Recipient, by a trustee of Recipient in bankruptcy, or by the Recipient as a debtor-in-possession or the equivalent of any of the foregoing under local law. Confidentiality Recipient and its Representatives shall not disclose any of the Confidential Information in any manner whatsoever, except as provided in Articles 6 and 7 of this Agreement, and shall hold and maintain the Confidential Information in strictest confidence. Recipient hereby agrees to indemnify Owner against any and all losses, damages, claims, expenses, and attorneys' fees incurred or suffered by Owner as a result of a breach of this Agreement by Recipient or its Representatives. Permitted Disclosures Recipient may disclose Owner's Confidential Information to Recipient's responsible Representatives with a bona fide need to know such Confidential Information, but only to the extent necessary to evaluate or carry out a proposed transaction or relationship with Owner and only if such employees are advised of the confidential nature of such Confidential Information and the terms of this Agreement and are bound by a written agreement or by a legally enforceable code of professional responsibility to protect the confidentiality of such Confidential Information. Required Disclosures Recipient may disclose Owner's Confidential Information if and to the extent that such disclosure is required by court order, provided that Recipient provides Owner a reasonable opportunity to review the disclosure before it is made and to interpose its own objection to the disclosure. Use Recipient and its Representatives shall use the Confidential Information solely for the purpose of evaluating a possible transaction or relationship with Owner and shall not in any way use the Confidential Information to the detriment of Owner. No License Nothing contained herein shall be construed as granting or conferring any rights by license or otherwise in any Confidential Information","Confidentiality Agreement",56,"https://templates.business-in-a-box.com/imgs/1000px/confidentiality-agreement-D950.png","https://templates.business-in-a-box.com/imgs/250px/950.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#950.xml",{"title":154,"description":155},"Confidentiality Agreement - Template & Sample Form | Business-in-a-Box","Confidentiality Agreement Template Sample � Download Now! Simply fill-in the blanks and print in minutes! Instant Access to 1,800 business and legal forms. Download samples of professional documents in Word (.doc) and Excel (.xls) format.",[157,158],{"label":97,"url":98},{"label":116,"url":117},"confidentiality agreement","/template/confidentiality-agreement-D950",{"description":162,"descriptionCustom":6,"label":163,"pages":164,"size":165,"extension":10,"preview":166,"thumb":167,"svgFrame":168,"seoMetadata":169,"parents":170,"keywords":175,"url":176},"LIMITED LIABILITY COMPANY OPERATING AGREEMENT This Limited Liability Company Operating Agreement is entered into as of the [DATE], BETWEEN: [INDIVIDUAL NAMES] (the \"Managing Members\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [COMPANY NAME] (the \"Non-Managing Members\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] The Managing Members and the Non-Managing Members are referred to herein collectively as the \"Members\". The Members have formed the Company by causing a Certificate of Formation (the \"Certificate\") conforming to the requirements of the [STATE] Revised Limited Liability Company Act (the \"Act\") to be filed in the Office of the Secretary of State for the State of [STATE]. NAME, PURPOSE AND PRINCIPAL OFFICE OF COMPANY Name The name of the Company is [COMPANY NAME], LLC. The affairs of the Company shall be conducted under such name or such other name as the Managing Members may, in their discretion, determine. [COMPANY NAME] hereby grants the Company the right, at no cost, to use the [SPECIFY] name for the term of the Company as set forth in Article [SPECIFY] hereof. Agreement In consideration of the mutual covenants herein contained and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Members executing this Agreement hereby agree to the terms and conditions of this Agreement, as it may be amended from time to time. It is the express intention of the Members that this Agreement shall be the sole statement of agreement among them, and, except to the extent a provision of this Agreement expressly incorporates matters by express reference, this Agreement shall govern even when inconsistent with or different from the provisions of the Act or any other provision of law. Purpose; Powers Purpose. The primary purpose of the Company is to act as the general partner of [COMPANY NAME] (the \"Fund\"). Powers. Subject to all of the terms and provisions hereof, the Company shall have all powers necessary, suitable or convenient for the accomplishment of the purpose of the Company, including, without limitation, the following: to purchase, sell, invest and trade in securities of every kind, including, without limitation, capital stock, limited partnership interests, bonds, notes, debentures, securities convertible into other securities, trust receipts and other obligations, instruments or evidences of indebtedness, as well as in rights, warrants and options to purchase securities; to make and perform all contracts and engage in all activities and transactions necessary or advisable to [SPECIFY] out the purposes of the Company, including, without limitation, the purchase, sale, transfer, pledge and exercise of all rights, privileges and incidents of ownership or possession with respect to any Company asset or liability; the borrowing or lending of money and the securing of payment of any Company obligation by hypothecation or pledge of, or grant of a security interest in, Company assets; and the guarantee of or becoming surety for the debts of others; and otherwise to have all the powers available to it as a limited liability company under the Act. Registered Office and Agent The initial address of the Company registered office in [STATE] is, and its initial agent at such address for service of process is Incorporating Services Limited. The Managing Members may change the registered office and agent for service of process as they from time to time may determine. Principal Office The principal office of the Company shall initially be located at [ADDRESS]. The Managing Members may change the location of the principal office of the Company at any time. Definitions Additional Members. This term shall have the meaning ascribed to it in Paragraph 3.2. Affiliate. With reference to any person, any other person controlling, controlled by or under direct or indirect common control with such person. Agreement. This Operating Agreement of [COMPANY NAME], a [STATE] limited liability company. Assignee. This term shall have the meaning ascribed to it in Paragraph [NUMBER]. Bankruptcy. A person or entity shall be deemed bankrupt if: any proceeding is commenced against such person or entity as debtor for any relief under bankruptcy or insolvency laws, or laws relating to the relief of debtors, reorganizations, arrangements, compositions or extensions and such proceeding is not dismissed within [NUMBER] days after such proceeding has commenced, or such person or entity commences any proceeding for relief under bankruptcy or insolvency laws or laws relating to the relief of debtors, reorganizations, arrangements, compositions or extensions. Book Value. This term shall have the meaning ascribed to it in Paragraph 6.2(a). Capital Account. This term shall have the meaning ascribed to it in Paragraph 6.2(b). Capital Commitment. This term shall have the meaning ascribed to it in Paragraph 5.1. Capital Contribution. This term shall have the meaning ascribed to it in Paragraph 5.1(b). [SPECIFY]. The Company [PERCENTAGE] carried interest in the income of the Fund. Certificate. The Certificate of Formation of [COMPANY NAME], a [STATE] limited liability company. Code. [SPECIFY YOUR COUNTRY INTERNAL REVENUE ACT/CODE/LAW], as amended from time to time (and any corresponding provisions of succeeding law). Defaulting Member. This term shall have the meaning ascribed to it in Paragraph 5.4(a). Fiscal Quarter. This term shall have the meaning ascribed to it in Paragraph 6.2(c). Fiscal Year. This term shall have the meaning ascribed to it in Paragraph 6.2(d). Management Fee. The management fee receivable by the Company from the Fund. Net Income or Net Loss. This term shall have the meaning ascribed to it in Paragraph 6.2(e). Percentage Interest. This term shall have the meaning ascribed to it in Paragraph [NUMBER]. Sale or Exchange. This term shall have the meaning ascribed to it in Paragraph [NUMBER]. Securities Act. [YOUR COUNTRY ACT/CODE/LAW] as amended from time to time. Securities. Securities of every kind and nature and rights and options with respect thereto, including stock, notes, bonds, debentures, evidences of indebtedness and other business interests of every type, including interests in partnerships, joint ventures, proprietorships and other business entities. TMP. This term shall have the meaning ascribed to it in Paragraph 13.16. Termination Date. This term shall have the meaning ascribed to it in Paragraph 2.1. Treasury Regulations. The Income Regulations promulgated under the Code, as such Regulations may be amended from time to time (including corresponding provisions of succeeding Regulations). TERM AND TERMINATION OF THE COMPANY Term The term of the Company shall continue until [NUMBER] year after the dissolution of the Fund unless sooner terminated as provided in Paragraph 2.2 or by operation of law or extended as provided in Paragraph 2.3. The last day of the term of the Company, as such may be extended as provided herein, is referred to herein as the \"Termination Date.\" Termination The Company shall terminate prior to the end of the period specified in Paragraph 2.1 at the election of the Managing Members. The Managing Members shall deliver notice of such termination to the Non-Managing Members. Extension of Term The term of the Company may be extended by the Managing Members. The Managing Members shall provide notice of any such extension to the Non-Managing Members. INITIAL MEMBERS; CHANGES IN MEMBERSHIP Name and Address The persons listed on Exhibit A are hereby admitted as Members of the Company","LLC Operating Agreement","21",207,"https://templates.business-in-a-box.com/imgs/1000px/llc-operating-agreement-D5209.png","https://templates.business-in-a-box.com/imgs/250px/5209.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#5209.xml",{"title":6,"description":6},[171,172],{"label":97,"url":98},{"label":173,"url":174},"Incorporation Agreements","incorporation-agreement","llc operating agreement","/template/llc-operating-agreement-D5209",false,{"seo":179,"reviewer":190,"legal_disclaimer":194,"quick_facts":195,"at_a_glance":197,"personas":201,"variants":226,"glossary":253,"clauses":287,"how_to_fill":338,"common_mistakes":379,"faqs":404,"industries":432,"comparisons":447,"diy_vs_lawyer":464,"jurisdictions":477,"related_template_ids_curated":498,"schema":510,"classification":511},{"meta_title":180,"meta_description":181,"primary_keyword":182,"secondary_keywords":183},"Investment Advisory Agreement Template (Free Word)","Free investment advisory agreement template covering scope of services, fees, fiduciary duty, discretionary authority, and termination. Used in 190+ countries. Free Word and PDF download.","investment advisory agreement template",[15,184,185,186,187,188,189],"investment advisor agreement template","investment advisory contract","portfolio management agreement template","financial advisor agreement template","investment advisory agreement free download","discretionary investment management agreement",{"name":191,"credential":192,"reviewed_date":193},"Bruno Goulet","CEO, Business in a Box","2026-05-02",true,{"difficulty":196,"legal_review_recommended":194,"signature_required":194,"notarization_required":177},"advanced",{"what_it_is":198,"when_you_need_it":199,"whats_inside":200},"An Investment Advisory Agreement is a legally binding contract between an investment adviser and a client that governs how the adviser will manage or provide guidance on the client's investment portfolio. This template is a free Word download you can edit online — covering scope of services, fee structures, discretionary authority, fiduciary obligations, risk disclosures, and termination — then export as PDF and execute before advisory services begin.\n","Use it whenever a registered investment adviser, financial planner, or portfolio manager is retained by an individual, family office, or institutional client to manage assets or provide ongoing investment guidance. It is required before any fee-based advisory relationship begins and must be in place prior to the adviser exercising any authority over client funds.\n","Scope of advisory services and investment objectives, fee schedule and billing method, discretionary versus non-discretionary authority, fiduciary duty acknowledgment, risk disclosures, client representations, termination and notice provisions, and governing law.\n",[202,206,210,214,218,222],{"title":203,"use_case":204,"icon_asset_id":205},"Registered investment advisers","Formalizing client engagements before managing assets or charging advisory fees","persona-financial-advisor",{"title":207,"use_case":208,"icon_asset_id":209},"Independent financial planners","Documenting the scope, fees, and duties of a fee-only planning relationship","persona-consultant",{"title":211,"use_case":212,"icon_asset_id":213},"Family offices","Retaining an external adviser to manage a multi-asset portfolio on behalf of a family","persona-small-business-owner",{"title":215,"use_case":216,"icon_asset_id":217},"Wealth management firms","Standardizing client onboarding agreements across advisers and account types","persona-hr-manager",{"title":219,"use_case":220,"icon_asset_id":221},"Institutional investors","Engaging a sub-adviser to manage a specific asset class or fund sleeve","persona-operations-director",{"title":223,"use_case":224,"icon_asset_id":225},"High-net-worth individuals","Retaining a discretionary portfolio manager and defining the investment mandate","persona-startup-founder",[227,231,234,238,242,246,249],{"situation":228,"recommended_template":229,"slug":230},"Adviser has full authority to buy and sell without client approval on each trade","Discretionary Investment Advisory Agreement","investment-advisory-agreement-D13989",{"situation":232,"recommended_template":233,"slug":230},"Adviser provides recommendations only; client approves each transaction","Non-Discretionary Investment Advisory Agreement",{"situation":235,"recommended_template":236,"slug":237},"Adviser manages a pooled fund rather than individual client accounts","Investment Management Agreement (Fund)","investment-management-agreement-D13990",{"situation":239,"recommended_template":240,"slug":241},"Engaging a sub-adviser to manage a portion of assets on behalf of the primary adviser","Sub-Advisory Agreement","advisory-agreement-D13244",{"situation":243,"recommended_template":244,"slug":245},"Providing fee-only financial planning without ongoing portfolio management","Financial Planning Services Agreement","financial-agreement-D13013",{"situation":247,"recommended_template":248,"slug":241},"Retaining an adviser to manage a retirement account such as an IRA or 401(k)","Retirement Account Advisory Agreement",{"situation":250,"recommended_template":251,"slug":252},"One-time consultation or project-based engagement with no ongoing management","Consulting Agreement","consulting-agreement---long-D12543",[254,257,260,263,266,269,272,275,278,281,284],{"term":255,"definition":256},"Fiduciary Duty","A legal obligation requiring the adviser to act solely in the client's best interest, placing the client's financial welfare above the adviser's own.",{"term":258,"definition":259},"Discretionary Authority","Permission granted by the client allowing the adviser to buy and sell securities on their behalf without obtaining prior approval for each transaction.",{"term":261,"definition":262},"Non-Discretionary Advisory","An arrangement where the adviser recommends investments but the client must approve every transaction before it is executed.",{"term":264,"definition":265},"Assets Under Management (AUM)","The total market value of investments the adviser manages on behalf of a client, typically used as the basis for calculating advisory fees.",{"term":267,"definition":268},"Investment Policy Statement (IPS)","A document attached to or referenced in the advisory agreement that defines the client's investment objectives, risk tolerance, time horizon, and asset allocation targets.",{"term":270,"definition":271},"Wrap Fee","An all-inclusive annual fee covering advisory services, transaction costs, and custodial charges — expressed as a percentage of AUM.",{"term":273,"definition":274},"Basis Points (bps)","A unit equal to one-hundredth of one percent (0.01%), used to express advisory fees and investment returns precisely — 100 basis points equals 1%.",{"term":276,"definition":277},"Suitability","The regulatory standard requiring that investment recommendations be appropriate for the client's specific financial situation, goals, and risk tolerance.",{"term":279,"definition":280},"Best Execution","The obligation to execute client transactions at the most favorable terms reasonably available, considering price, speed, and likelihood of execution.",{"term":282,"definition":283},"Soft Dollars","Arrangements under which an adviser directs client brokerage to a broker in exchange for research or other services — must be disclosed to clients.",{"term":285,"definition":286},"Form ADV","The SEC registration document that all registered investment advisers must file and provide to clients, disclosing business practices, fees, conflicts of interest, and disciplinary history.",[288,293,298,303,308,313,318,323,328,333],{"name":289,"plain_english":290,"sample_language":291,"common_mistake":292},"Parties and appointment","Identifies the investment adviser and client as legal entities, states the date of the agreement, and formally appoints the adviser to provide services on the terms set out.","This Investment Advisory Agreement ('Agreement') is entered into as of [DATE] between [ADVISER FIRM NAME], a registered investment adviser ('Adviser'), and [CLIENT LEGAL NAME] ('Client'). Client hereby appoints Adviser, and Adviser hereby accepts appointment, to provide the investment advisory services described herein.","Using a trade name instead of the adviser's legal registered entity. If the registered name differs from the brand name, regulatory filings and client accounts may not align, creating compliance exposure.",{"name":294,"plain_english":295,"sample_language":296,"common_mistake":297},"Scope of services and investment objectives","Defines what the adviser will and will not do — portfolio management, financial planning, tax advice — and references the client's investment objectives and risk tolerance as set out in the Investment Policy Statement.","Adviser shall provide discretionary investment management services for the Account in accordance with the Investment Policy Statement attached as Exhibit A, which sets out Client's investment objectives, risk tolerance, time horizon, and restrictions. Adviser shall not provide tax or legal advice.","Omitting an attached Investment Policy Statement and leaving objectives undefined in the body of the agreement. Without documented objectives, there is no objective basis to evaluate whether the adviser met their mandate.",{"name":299,"plain_english":300,"sample_language":301,"common_mistake":302},"Discretionary or non-discretionary authority","States clearly whether the adviser has authority to execute transactions without prior client approval (discretionary) or must obtain approval for each trade (non-discretionary), and defines any limitations on that authority.","Client hereby grants Adviser [discretionary / non-discretionary] authority to invest and reinvest assets held in the Account, subject to the guidelines in Exhibit A. Adviser shall not hold client funds or securities directly and shall not have authority to withdraw funds from the Account except to debit agreed advisory fees.","Granting full discretionary authority without any documented investment restrictions or concentration limits. An absence of guardrails exposes both parties if the adviser makes a suitable-but-extreme allocation the client later disputes.",{"name":304,"plain_english":305,"sample_language":306,"common_mistake":307},"Fees, billing, and expenses","Sets out the advisory fee structure — percentage of AUM, flat fee, hourly rate, or performance fee — how and when fees are calculated and billed, and which expenses the client bears directly.","Client shall pay Adviser an annual advisory fee of [X]% of AUM (equivalent to [X] basis points), calculated quarterly in arrears on the average daily balance of the Account. Fees shall be debited directly from the Account unless Client elects to pay by check. Third-party custodial and transaction costs are borne by Client and are not included in the advisory fee.","Describing fees in the agreement as a flat percentage without disclosing the dollar-equivalent amount at current AUM levels, as required by SEC and most state RIA regulations for written fee disclosure.",{"name":309,"plain_english":310,"sample_language":311,"common_mistake":312},"Fiduciary duty and conflicts of interest","Acknowledges the adviser's fiduciary obligation to act in the client's best interest and discloses any material conflicts of interest — such as compensation from third-party product providers — that could affect that obligation.","Adviser acknowledges its fiduciary duty to act in Client's best interest at all times in providing services under this Agreement. Adviser discloses the following material conflicts of interest: [LIST OR 'None at this time']. Adviser will promptly notify Client of any new material conflict arising during the term of this Agreement.","Including a generic fiduciary acknowledgment without disclosing specific conflicts. The SEC's Regulation Best Interest and Form ADV Part 2 both require specific, not general, conflict disclosure.",{"name":314,"plain_english":315,"sample_language":316,"common_mistake":317},"Client representations and responsibilities","Records the client's representations about their financial situation, investment experience, and authority to enter the agreement — and places responsibility on the client to promptly notify the adviser of any material changes.","Client represents that: (a) Client has full authority to enter this Agreement and to direct the investment of the Account; (b) the financial information provided to Adviser is accurate and complete; and (c) Client will promptly notify Adviser of any material change in Client's financial situation, investment objectives, or risk tolerance.","Omitting the client's obligation to update material changes. If a client's circumstances shift — inheritance, divorce, job loss — and the adviser is not notified, the mandate may no longer be suitable, creating liability for both parties.",{"name":319,"plain_english":320,"sample_language":321,"common_mistake":322},"Proxy voting and corporate actions","Specifies who is responsible for voting proxies on securities held in the account and how the adviser handles corporate actions such as tender offers, rights offerings, and mergers.","Unless otherwise instructed in writing, Adviser shall vote proxies for securities held in the Account in accordance with Adviser's Proxy Voting Policy, a copy of which is available upon request. Client shall retain the right to direct proxy votes on any specific security by providing written notice to Adviser at least [5] business days before the voting deadline.","Leaving proxy voting authority unaddressed. Unvoted proxies can affect governance outcomes for clients with concentrated positions, and undocumented proxy handling creates a regulatory gap in the adviser's Form ADV Part 2 disclosures.",{"name":324,"plain_english":325,"sample_language":326,"common_mistake":327},"Risk disclosures and no guarantee of performance","Discloses the inherent risks of investing — including loss of principal — and clearly states that the adviser makes no guarantee of returns or protection against loss.","Client acknowledges that all investments involve risk, including the possible loss of principal. Past performance is not indicative of future results. Adviser makes no warranty or guarantee of any specific level of performance, return, or preservation of capital. Adviser shall not be liable for investment losses except in cases of gross negligence, willful misconduct, or fraud.","Using vague risk language like 'markets can go up or down' without specifying that loss of principal is possible and that the adviser's liability is limited. Courts apply a higher standard of specificity to risk disclosure in regulated advisory relationships.",{"name":329,"plain_english":330,"sample_language":331,"common_mistake":332},"Termination and transition","Sets out how either party may end the agreement, the required notice period, how fees are pro-rated on termination, and the adviser's obligations to facilitate an orderly transition of account management.","Either party may terminate this Agreement upon [30] days' written notice. Upon termination, Adviser shall cease all investment activity for the Account and shall cooperate with Client to transfer account records and facilitate transition to a successor adviser. Advisory fees shall be pro-rated to the date of termination; any prepaid fees shall be refunded within [15] business days.","No pro-ration formula on termination. If the agreement is silent, a dispute over fees for a partial quarter frequently results in arbitration or regulatory complaint — a costly outcome for a relatively minor billing question.",{"name":334,"plain_english":335,"sample_language":336,"common_mistake":337},"Governing law, arbitration, and regulatory compliance","Specifies the jurisdiction whose law governs the agreement, the mechanism for resolving disputes — typically FINRA arbitration or AAA arbitration — and each party's agreement to comply with applicable securities laws and regulations.","This Agreement is governed by the laws of [STATE]. Any dispute arising under this Agreement shall be resolved by binding arbitration under the rules of [FINRA / AAA] in [CITY], except that either party may seek injunctive relief in a court of competent jurisdiction. Both parties agree to comply with all applicable federal and state securities laws and regulations.","Selecting a governing law state with no meaningful connection to where the adviser operates or is registered. State RIA registration requirements apply based on the adviser's principal office and client locations — a mismatched governing law clause can create regulatory ambiguity.",[339,344,349,354,359,364,369,374],{"step":340,"title":341,"description":342,"tip":343},1,"Enter the adviser's legal registered name and client details","Use the adviser's full legal entity name exactly as it appears on the Form ADV registration, not a DBA or brand name. Enter the client's legal name — individual, trust, LLC, or other entity — along with account numbers if known.","Cross-reference the adviser name against the SEC's Investment Adviser Public Disclosure (IAPD) database to confirm the exact registered name before execution.",{"step":345,"title":346,"description":347,"tip":348},2,"Define the scope of services and attach an Investment Policy Statement","Specify whether services include discretionary portfolio management, financial planning, or both. Complete and attach an Investment Policy Statement as Exhibit A covering the client's investment objectives, risk tolerance, time horizon, liquidity needs, and any specific restrictions or exclusions.","An IPS drafted in plain English — rather than boilerplate — significantly reduces disputes about whether the adviser followed the mandate, because the objectives are concrete and measurable.",{"step":350,"title":351,"description":352,"tip":353},3,"Select discretionary or non-discretionary authority and set limits","Choose the authority type that matches the engagement. If discretionary, define any investment restrictions — asset class limits, concentration caps, prohibited securities — directly in the IPS or in a Schedule attached to the agreement.","Even for fully discretionary accounts, adding a concentration limit (e.g., no single security exceeding 10% of the portfolio) gives both parties a documented guardrail against extreme allocations.",{"step":355,"title":356,"description":357,"tip":358},4,"Complete the fee schedule with specific rates and billing mechanics","Enter the advisory fee as both a percentage and a dollar-equivalent at current AUM. Specify the billing frequency (monthly, quarterly), billing method (debit from account or invoice), and the calculation basis (end-of-period balance, average daily balance, or beginning balance).","State the fee in basis points as well as percentage — '75 basis points (0.75% per annum)' — to avoid any ambiguity between 0.75% and 7.5%.",{"step":360,"title":361,"description":362,"tip":363},5,"Disclose all material conflicts of interest specifically","List each material conflict — revenue-sharing arrangements, affiliated broker-dealer relationships, 12b-1 fees, soft dollar arrangements — in the conflicts clause. If there are none, state that explicitly. Generic disclosures do not satisfy SEC or state RIA requirements.","Review Form ADV Part 2A before completing this clause — the conflicts listed there should match the conflicts disclosed in the client agreement exactly.",{"step":365,"title":366,"description":367,"tip":368},6,"Set the termination notice period and pro-ration formula","Enter the notice period (30 days is standard), the pro-ration method for partial-period fees (daily pro-ration based on days elapsed divided by total days in the billing period is clearest), and the timeline for returning any prepaid fees.","Specify the exact method for calculating the pro-rated refund amount — 'daily pro-ration based on actual days elapsed' eliminates billing disputes on termination.",{"step":370,"title":371,"description":372,"tip":373},7,"Confirm registration status and regulatory references","Confirm whether the adviser is SEC-registered (typically required above $100M AUM), state-registered, or operating under an exemption. Reference the applicable regulatory framework in the governing law clause and ensure the Form ADV Part 2 brochure is delivered to the client at or before execution.","Delivery of Form ADV Part 2 at least 48 hours before signing — or at signing with a 5-day right to terminate — is required under SEC Rule 204-3. Note the delivery date in your file.",{"step":375,"title":376,"description":377,"tip":378},8,"Execute before any advisory services or fees commence","Both parties must sign the agreement before the adviser takes any action on the account or charges any fees. Have the client initial the Investment Policy Statement and any attached schedules separately.","Use a timestamped eSign platform to create an auditable execution record — regulators frequently ask for evidence of the date the client agreement was signed relative to the date advisory services began.",[380,384,388,392,396,400],{"mistake":381,"why_it_matters":382,"fix":383},"Vague or missing Investment Policy Statement","Without documented investment objectives and restrictions, there is no objective standard against which to measure whether the adviser followed the client's mandate — making performance disputes nearly impossible to resolve.","Attach a completed IPS as a signed exhibit before services begin, covering risk tolerance, time horizon, target allocation, and any specific restrictions in concrete, measurable terms.",{"mistake":385,"why_it_matters":386,"fix":387},"Generic conflict-of-interest disclosure","The SEC and state securities regulators treat a boilerplate 'conflicts may exist' clause as the equivalent of no disclosure — it does not satisfy the specific conflict disclosure requirements of Regulation Best Interest or Form ADV Part 2.","List each actual material conflict by name — revenue sharing, affiliated broker, 12b-1 fees, soft dollars — and explain how each is managed. Match the language to the disclosures in Form ADV Part 2A.",{"mistake":389,"why_it_matters":390,"fix":391},"No pro-ration formula for fees on termination","When an agreement is silent on how fees are calculated for a partial billing period, disputes over a few hundred dollars routinely escalate into FINRA arbitration or regulatory complaints that cost thousands to resolve.","Include a specific pro-ration formula — 'fees for any partial quarter shall be calculated based on actual days elapsed divided by the total number of days in the calendar quarter' — to make the calculation mechanical and unambiguous.",{"mistake":393,"why_it_matters":394,"fix":395},"Signing after advisory services have already begun","Under SEC and state RIA rules, collecting advisory fees or exercising investment discretion before a written agreement is in place is a regulatory violation that can result in fines, disgorgement of fees, and reputational damage.","Execute the agreement — and deliver Form ADV Part 2 — before the adviser takes any action on the account or invoices any fee. Note the execution date in the client file.",{"mistake":397,"why_it_matters":398,"fix":399},"Granting unlimited discretionary authority with no documented restrictions","Without documented concentration limits, prohibited security types, or asset class restrictions, the adviser has no contractual guardrail, and any extreme allocation — even if technically suitable — can become the basis of a client dispute.","Include at minimum a concentration limit, a list of prohibited instruments (e.g., leveraged ETFs, options), and a statement that the adviser will follow the asset allocation in the attached IPS.",{"mistake":401,"why_it_matters":402,"fix":403},"Omitting the client's obligation to update material changes","If a client's financial situation changes significantly — a large inheritance, job loss, or divorce — and the adviser is not notified, the continued management strategy may become unsuitable, creating regulatory and civil liability for the adviser.","Include an explicit clause requiring the client to notify the adviser in writing within [30] days of any material change in financial situation, investment objectives, risk tolerance, or tax status.",[405,408,411,414,417,420,423,426,429],{"question":406,"answer":407},"What is an investment advisory agreement?","An investment advisory agreement is a legally binding contract between a registered investment adviser and a client that defines the terms of the advisory relationship — scope of services, investment objectives, fee structure, fiduciary duty, discretionary authority, and termination conditions. It is required by SEC and state securities regulations before an adviser may charge fees or exercise any discretion over client assets.\n",{"question":409,"answer":410},"Is an investment advisory agreement required by law?","Yes. SEC Rule 204-3 and comparable state RIA regulations require that investment advisers have a written client agreement in place before providing advisory services or collecting fees. The agreement must be accompanied by delivery of the adviser's Form ADV Part 2 brochure at or before execution. Operating without a written agreement exposes the adviser to regulatory sanctions, fee disgorgement, and civil liability.\n",{"question":412,"answer":413},"What is the difference between a discretionary and non-discretionary investment advisory agreement?","A discretionary agreement grants the adviser authority to execute trades on the client's behalf without obtaining prior approval for each transaction. A non-discretionary agreement requires the adviser to present recommendations and obtain client approval before any trade is made. Discretionary arrangements are more common for ongoing portfolio management; non-discretionary arrangements are typical for financial planning or consulting relationships where the client makes final decisions.\n",{"question":415,"answer":416},"What fees are typically covered in an investment advisory agreement?","The most common structure is an annual fee expressed as a percentage of AUM — typically 0.50% to 1.50% for individual clients — billed quarterly in arrears. Some advisers charge a flat annual retainer, an hourly rate, or a performance fee above a benchmark. The agreement must clearly state the fee basis, calculation method, billing frequency, and which costs (trading commissions, custodial fees) the client bears separately.\n",{"question":418,"answer":419},"What is a fiduciary duty in an investment advisory agreement?","A fiduciary duty requires the adviser to act solely in the client's best interest when providing investment advice — placing the client's financial welfare above the adviser's own interests or compensation. Registered investment advisers are fiduciaries under the Investment Advisers Act of 1940. Broker-dealers operating under FINRA's Regulation Best Interest are subject to a similar but distinct standard. The agreement should acknowledge this obligation explicitly and disclose any conflicts that might affect it.\n",{"question":421,"answer":422},"Can I terminate an investment advisory agreement early?","Yes. Most investment advisory agreements are terminable at will by either party upon written notice, typically 30 days. Upon termination, the adviser must cease all trading activity, cooperate with account transfer, and refund any prepaid fees on a pro-rated basis. Some agreements require a minimum engagement period — if so, early termination fees must be disclosed in both the agreement and Form ADV Part 2.\n",{"question":424,"answer":425},"What is Form ADV and how does it relate to the advisory agreement?","Form ADV is the registration document that all SEC- and state-registered investment advisers must file and maintain. Part 2A is the adviser's disclosure brochure — covering services, fees, conflicts, and disciplinary history — and must be delivered to clients at or before execution of the advisory agreement. The advisory agreement and Form ADV Part 2 should be consistent; conflicts or fee structures that appear in one but not the other create regulatory exposure for the adviser.\n",{"question":427,"answer":428},"Do I need a lawyer to draft an investment advisory agreement?","For straightforward individual client relationships with standard AUM-based fees, a high-quality template reviewed by a securities lawyer is typically sufficient. Engage a lawyer for institutional mandates, performance fee arrangements, multi-jurisdiction clients, sub-advisory relationships, or any engagement involving complex conflict structures. Given the regulatory consequences of a deficient agreement, a one-to-two hour securities attorney review ($400–$800) is worthwhile for most new advisory practices.\n",{"question":430,"answer":431},"How often should an investment advisory agreement be updated?","The agreement itself typically does not require annual updates unless services, fees, or material terms change. However, the attached Investment Policy Statement should be reviewed with the client at least annually and updated whenever the client's financial situation, objectives, or risk tolerance changes materially. Form ADV Part 2 must be updated annually and delivered to clients within 120 days of the adviser's fiscal year end.\n",[433,437,441,444],{"industry":434,"icon_asset_id":435,"specifics":436},"Wealth management","industry-fintech","AUM-based tiered fee schedules, consolidated household billing across multiple accounts, and integrated trust and estate planning coordination.",{"industry":438,"icon_asset_id":439,"specifics":440},"Institutional asset management","industry-professional-services","Sub-advisory mandates, ERISA fiduciary obligations for pension assets, and performance fee arrangements with high-water marks and hurdle rates.",{"industry":211,"icon_asset_id":442,"specifics":443},"industry-saas","Multi-generational investment policies, alternative asset allocations including private equity and real assets, and coordination with tax and legal counsel.",{"industry":445,"icon_asset_id":439,"specifics":446},"Registered investment adviser (RIA) firms","Standardized client onboarding across dozens of advisers, compliance with SEC Rule 204-3 delivery requirements, and systematic IPS documentation workflows.",[448,452,456,460],{"vs":449,"vs_template_id":450,"summary":451},"Brokerage account agreement","D{BROKERAGE_ACCOUNT_AGREEMENT_ID}","A brokerage account agreement governs the execution of transactions at the client's direction and subjects the broker to Regulation Best Interest, not the fiduciary standard. An investment advisory agreement establishes an ongoing advisory relationship, a fiduciary duty, and fee-based compensation for advice — not commissions per trade. The two documents reflect fundamentally different regulatory frameworks and compensation models.",{"vs":453,"vs_template_id":454,"summary":455},"Portfolio management agreement","D{PORTFOLIO_MANAGEMENT_AGREEMENT_ID}","A portfolio management agreement is often used synonymously with a discretionary investment advisory agreement, but in institutional contexts it tends to be more detailed on investment guidelines, benchmark targets, and reporting obligations. For individual clients, investment advisory agreement is the standard term. Use a portfolio management agreement format for institutional mandates with formal IPS attachments and compliance reporting requirements.",{"vs":457,"vs_template_id":458,"summary":459},"Financial planning agreement","D{FINANCIAL_PLANNING_AGREEMENT_ID}","A financial planning agreement covers a defined scope of advice — retirement, tax, estate, insurance — typically for a flat fee or hourly rate, without ongoing portfolio management authority. An investment advisory agreement governs continuous asset management with discretionary or non-discretionary authority. Clients who need both a financial plan and ongoing portfolio management often sign both documents.",{"vs":461,"vs_template_id":462,"summary":463},"Consulting agreement","consulting-agreement-D13978","A general consulting agreement is not suitable for investment advisory relationships because it lacks the regulatory disclosures, fiduciary language, risk disclaimers, and Form ADV references required by securities law. Using a consulting agreement to document an advisory fee relationship can constitute a regulatory violation. Always use a securities-specific investment advisory agreement when managing or advising on investments for compensation.",{"use_template":465,"template_plus_review":469,"custom_drafted":473},{"best_for":466,"cost":467,"time":468},"Established RIA practices onboarding individual clients with standard AUM-based fees and no complex conflict structures","Free","30–45 minutes per client",{"best_for":470,"cost":471,"time":472},"New RIA firms, advisers adding performance fees or alternative investments, or practices onboarding first institutional clients","$400–$800 for a securities attorney review","3–5 business days",{"best_for":474,"cost":475,"time":476},"Sub-advisory mandates, ERISA-governed pension accounts, multi-jurisdiction institutional clients, or performance fee structures with complex high-water mark provisions","$2,000–$8,000+","2–4 weeks",[478,483,488,493],{"code":479,"name":480,"flag_asset_id":481,"note":482},"us","United States","flag-us","Investment advisers managing $110M or more in AUM must register with the SEC under the Investment Advisers Act of 1940; those below the threshold register at the state level. SEC Rule 204-3 requires delivery of Form ADV Part 2 to clients at or before execution. Regulation Best Interest applies to broker-dealers but not RIAs, who are held to the full fiduciary standard. Non-compete and non-solicit clauses in advisory agreements are subject to state law enforceability rules.",{"code":484,"name":485,"flag_asset_id":486,"note":487},"ca","Canada","flag-ca","Portfolio managers and investment counsellors in Canada are registered with provincial securities regulators under National Instrument 31-103. Client agreements must comply with NI 31-103 requirements for account opening, Know Your Client obligations, and suitability assessments. Quebec requires French-language client documents for provincially regulated firms. The Client Focused Reforms (CFRs), effective 2021, impose conflict-of-interest and best-interest obligations similar to the US fiduciary standard.",{"code":489,"name":490,"flag_asset_id":491,"note":492},"uk","United Kingdom","flag-uk","Investment advisers in the UK are authorised and regulated by the Financial Conduct Authority (FCA) under the Financial Services and Markets Act 2000. COBS (Conduct of Business Sourcebook) rules require that client agreements be in a durable medium and that advisers disclose costs, charges, and conflicts in accordance with MiFID II requirements. The Consumer Duty, effective July 2023, imposes a higher standard of client care for retail clients. Discretionary portfolio managers must comply with COBS 4 and COBS 6 on suitability and appropriateness.",{"code":494,"name":495,"flag_asset_id":496,"note":497},"eu","European Union","flag-eu","Investment services across the EU are governed by MiFID II (Markets in Financial Instruments Directive), implemented at the member-state level. Written client agreements are mandatory and must include a description of services, fee disclosure, conflicts policy, and information on the adviser's authorisation. GDPR applies to all personal data processed in connection with the advisory relationship and must be addressed in the agreement or a linked privacy notice. Performance fee structures are subject to ESMA guidelines and must include a high-water mark mechanism for retail clients.",[252,499,500,501,502,503,504,505,506,507,508,509],"non-disclosure-agreement-nda-D12692","independent-contractor-agreement-D160","service-agreement-D12711","confidentiality-agreement-D950","llc-operating-agreement-D5209","limited-partnership-agreement-D891","joint-venture-agreement-D889","adhesion-to-the-unanimous-shareholder-agreement-D848","general-power-of-attorney-D1037","letter-of-intent_acquisition-of-business-D5197","memorandum-of-understanding-D12548",{"emit_how_to":194,"emit_defined_term":194},{"primary_folder":98,"secondary_folder":512,"document_type":513,"industry":514,"business_stage":515,"tags":516,"confidence":521},"equity-and-investment","agreement","finance-and-insurance","all-stages",[513,517,518,519,520],"investment-advisory","fiduciary","financial-services","portfolio-management",0.92,"\u003Ch2>What is an Investment Advisory Agreement?\u003C/h2>\n\u003Cp>An \u003Cstrong>Investment Advisory Agreement\u003C/strong> is a legally binding contract between a registered investment adviser and a client that defines every material term of the advisory relationship: the scope of services, the client's investment objectives and risk tolerance, whether the adviser holds discretionary authority to execute trades, the fee structure and billing mechanics, fiduciary obligations, conflict-of-interest disclosures, and how either party may terminate the arrangement. Under the Investment Advisers Act of 1940 in the United States — and equivalent securities legislation in Canada, the UK, and the European Union — this written agreement is a regulatory requirement, not merely a best practice. It must be executed, and Form ADV Part 2 (or its jurisdictional equivalent) must be delivered, before the adviser takes any action on the client's account or charges any fee. Beyond regulatory compliance, the agreement functions as the operational blueprint for the relationship: it documents what the adviser is authorized to do, what the client expects in return, and how disputes will be resolved if expectations diverge.\u003C/p>\n\u003Ch2>Why You Need This Document\u003C/h2>\n\u003Cp>Operating an investment advisory practice without a signed written agreement exposes the adviser to regulatory sanctions, fee disgorgement, and civil liability simultaneously. Regulators — the SEC, FINRA, and state securities divisions — treat the absence of a written client agreement as a standalone violation, separate from any investment outcome. For clients, the absence of a documented investment mandate means there is no objective standard against which to evaluate the adviser's decisions: disputes over unsuitable allocations, undisclosed conflicts, or unexpected fees become credibility contests rather than contract interpretation. A properly executed investment advisory agreement prevents all of this by creating a clear, enforceable record of what was agreed before a single trade is placed. This template gives advisers a compliant, professionally structured starting point — covering discretionary authority limits, specific conflict disclosure, pro-rated termination fees, and risk acknowledgments — that reduces both regulatory exposure and client disputes from day one.\u003C/p>\n",1781185999119]