My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
R2014-124 PRO-ACCOUNT PLAN SPONSOR AGREEMENT
COD
>
City Clerk
>
RESOLUTIONS
>
2014
>
R2014-124 PRO-ACCOUNT PLAN SPONSOR AGREEMENT
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/24/2015 9:23:55 AM
Creation date
7/24/2015 9:23:51 AM
Metadata
Fields
Template:
Resolution/Ordinance
Res Ord Num
R2014-124
Res Ord Title
APPROVING PRO-ACCOUNT PLAN SPONSOR AGREEMENT WITH NATIONWIDE INVESTMENT ADVISORS, LLC
Approved Date
10/6/2014
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
55
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
plan sponsor's responses, the Advice Program Questionnaire will suggest an investment strategy and <br /> corresponding Portfolio. The plan sponsor is solely responsible for approving the Portfolio identified through <br /> the Advice Program Questionnaire, or if it chooses, selecting a different Portfolio created by the Portfolio <br /> Strategist. Following the plan sponsor's completion of the Advice Program Questionnaire and selection of a <br /> Portfolio, NIA will establish the plan's advisory account under the Advice Program, which NIA will retain <br /> discretionary authority to manage in accordance with the Portfolio selected by the plan sponsor. The plan <br /> sponsor is not permitted to make future investment allocation changes to the assets in the plan's advisory <br /> account while the assets are managed by NIA. The plan sponsor must first contact NIA to update the plan's <br /> Advice Program Questionnaire-based analysis, or to select a different Portfolio. NIA will have no responsibility <br /> or liability for investment allocation changes initiated by the plan sponsor in violation of this restriction. <br /> Nationwide ProAccount in the Nationwide Retirement Program <br /> Plan sponsors of retirement plans participating in the Nationwide Retirement Program that desire to make <br /> Nationwide ProAccount available to their participants must approve NIA as an authorized provider of <br /> investment advice to the plan in accordance with the plan's investment policy and applicable plan documents. <br /> A participant seeking to become a ProAccount Client will enter into an investment advisory agreement with <br /> NIA and complete a questionnaire developed by the IFE to help identify his or her risk tolerance and <br /> investment horizon, as well as to indicate any reasonable restrictions the participant may wish to place on the <br /> management of his or her retirement plan account assets. After NIA has accepted the participant as a <br /> ProAccount Client, the ProAccount Client will be placed, based on the ProAccount Client's information, in an <br /> investment portfolio developed by the IFE, and NIA will exercise discretionary authority to allocate and <br /> rebalance the ProAccount Client's assets in accordance with the IFE's portfolio. NIA's investment discretion <br /> over ProAccount Client assets is limited to implementing the IFE's investment advice, which NIA does not have <br /> authority to modify. <br /> Nationwide ProAccount in the NRS Retirement Program <br /> Plan sponsors of retirement plans participating in the NRS Retirement Program that desire to make Nationwide <br /> ProAccount available to their participants must approve NIA as an authorized provider of investment advice to <br /> the plan in accordance with the plan's investment policy and applicable plan documents. A participant seeking <br /> to become a ProAccount Client will enter into an investment advisory agreement with NIA and complete a <br /> questionnaire developed by the IFE to help identify his or her risk tolerance and investment horizon, as well as <br /> to indicate any reasonable restrictions the participant may wish to place on the management of his or her <br /> retirement plan account assets. After NIA has accepted the participant as a ProAccount Client, the ProAccount <br /> Client will be placed, based on the ProAccount Client's information, in an investment portfolio developed by <br /> the IFE, and NIA will exercise discretionary authority to allocate and rebalance the ProAccount Client's assets in <br /> accordance with the IFE's portfolio. NIA's investment discretion over ProAccount Client assets is limited to <br /> implementing the IFE's investment advice,which NIA does not have authority to modify. <br /> Item 17 Voting Client Securities <br /> Nationwide Large Cap Growth Portfolio <br /> NIA delegates its discretionary authority to exercise voting rights with respect to the securities and other <br /> investments in the LCG Portfolio to the sub-advisers. Requests for specific proxy related information may be <br /> made to NIA via E-mail to: NIACompliance@nationwide.com; or via written correspondence to: NIA <br /> Compliance, 10 West Nationwide Blvd, Mail Code 5-04-206J, Columbus, OH 43215. <br /> Point in Time Non-Discretionary Advice <br /> NIA does not vote proxies for any Clients. <br /> 21 <br />
The URL can be used to link to this page
Your browser does not support the video tag.