Investment Management Services Agreement (Genie AI)

The Investment Management Services Agreement (Genie AI) under USA law is a legal template that outlines the terms and conditions governing the relationship between an investment management company, acting as the service provider, and their client, who seeks professional advice and oversight for their investment portfolio. This agreement sets out the responsibilities and obligations of both parties to ensure compliance with applicable laws and regulations in the United States.

The template covers various aspects, such as the scope of services provided by the investment management company, including investment recommendations, portfolio monitoring, and performance reporting. It defines the client's objectives, risk tolerance, and investment restrictions, allowing the investment manager to tailor their services accordingly and act in the best interest of the client.

Furthermore, the agreement includes provisions related to fees and compensation, specifying the structure (e.g., percentage of assets under management or flat fee) and payment terms. It may also detail any additional expenses the client may incur, such as brokerage fees or third-party provider charges.

To ensure transparency, the agreement generally outlines the information and reporting requirements from the investment management company, including regular statements, account valuations, and disclosure of potential conflicts of interest. It may also address matters like benchmark comparisons, investment restrictions, and the authority granted to the investment manager in executing investment decisions.

The template is designed to meet the legal requirements for investment management services in the United States, taking into account applicable regulations, such as the Investment Advisers Act of 1940 and the Securities Exchange Act of 1934. It aims to protect both the investment management company and the client by clearly delineating their rights, obligations, and the parameters within which the investment manager operates.

It is important to note that this is a description and that the actual content and provisions of the Investment Management Services Agreement (Genie AI) can vary depending on the specific needs and requirements of the parties involved, as well as any applicable state laws and regulations. This template should be customized by legal professionals to suit the unique circumstances of each investment management relationship.