Client Agreement between Polaris Asset
Management LLC and
_____________________________________________________
The
client agreement is an integral part of the Disclosure Statement filed with the
Securities Division of the State of
This
brochure provides clients with information about Polaris Asset Management LLC
and Robert Doggett. The information provided this Client Agreement has not been
passed nor approved by the Securities Division of the State of
Polaris Asset
Management LLC
(206) 361-8994
Robert Doggett
A Washington State Registered Investment Representative of Polaris Asset Management LLC.
The client(s), ญญญ___________________________________________________________________________
Represent(s) that he/she has
authority to enter into this agreement.
The asset management program
includes the design, construction, asset allocation, implementation, and
monitoring and ongoing management of investment portfolios. All of our services are rendered on a
best efforts basis. Our advice and portfolio management will be based upon the
information, documents, and risk guidelines you provide.
These services include the design and continuing review of an investment portfolio initially consisting of agreed upon assets. Assets will be allocated with your financial objectives and constraints, time horizon, risk tolerance, and prevailing economic conditions.
You will receive monthly
or quarterly
statements from your broker-dealer. We will implement and manage your investment
portfolio and make recommendations for the placement of new funds should they
become available. We will remain available by telephone, e-mail, or meeting to
answer questions about strategies and performance of the assets we manage. When
applicable, you are expected to provide timely approval or disapproval of our
recommendations and signatures when required to execute your decisions. All
information and recommendations furnished by Polaris Asset Management to you
and all information furnished to you by Polaris Asset Management shall be held
in confidence and shall not be disclosed to third persons except as required by
law or by your prior written consent. Should you terminate our Asset management
program, we will have no further responsibility for monitoring existing assets
or recommended investments, nor for providing future
recommendations to sell, hold, or buy investment assets.
You agree that we may deduct our quarterly or ongoing fees by debiting your account. Fees will be paid quarterly in arrears.
We require limited trading
authorization from our clients to direct purchase and sales of securities on
their behalf.
The advisory, planning, and
monitoring work provided by Polaris Asset Management is based on judgment, and
Polaris Asset Management does not guarantee or make assurances concerning the
results of recommendations.
You expressly understand and
agree that Polaris Asset Management is not required to render any legal advice
nor prepare legal documents for you. Similarly, you agree to rely on your
accountant or tax attorney for tax advice. Tax preparation is not included in
our services.
Polaris Asset Management does not earn any profit
from buying or selling shares of stocks and bonds. Polaris Asset Management is
not a general partner in any partnership investments recommended to clients.
There will be no hidden fees to clients, and any fees earned by Polaris Asset
Management as a result of purchases in limited partnerships will be fully disclosed
to clients. Polaris Asset Management will not simultaneously buy for its own
accounts securities being sold by clients, nor will it simultaneously sell for
its own accounts securities being bought by clients. Recommendations to clients
may differ from one client to another due to the unique circumstances relating
to each client. Polaris Asset Management and/or Robert Doggett anticipates
buying and/or selling for personal and/or business accounts many of the same
securities that will be bought, sold, or recommended to clients, though the
suitability of different investments for various clients will vary
according to their objectives and tolerance for risk.
If a dispute arises out of or
relates to the agreement described herein and if the dispute cannot be settled
through negotiation, then the parties agree to first try in good faith to
settle the dispute by mediation through a to-be-agreed-upon arbiter. This
agreement is governed by the laws of the state of Washington. This does not
constitute, however, a waiver of any rights provided by law, including the
right to choose a forum in which to seek resolution of disputes.
The undersigned hereby
acknowledges receipt of Polaris Asset Management's Disclosure Statement and
such document is incorporated herein by reference.
Clients retain rights provided
them under the Investment Advisers Act of 1940 and other applicable federal and
state statutes.
Polaris Asset Management LLC will
not be responsible for the acts, omissions, or solvency of any broker, agent,
or independent contractor recommended by Polaris Asset management in good faith
in order to negotiate or consummate any transaction for you account.
Polaris Asset Management LLC will
not be held accountable for any inaccuracies or misrepresentations by third
parties or their material. We do not, however, disclaim unlawfully any
liability imposed by applicable federal and state laws, rules, and regulations.
The services above do not include services such as: acting as executor, trustee, or attorney-in-fact; projects requiring extensive research and/or coordination with other professional advisers; acting as an expert witness.
Entire Agreement
This client agreement embodies all understandings and agreements between you and Polaris Asset Management LLC, and the terms may not be amended except in writing by either party. You acknowledge receipt of a copy of Polaris Asset Management's disclosure statement.
Signatures:
Date_________________________________________
Client Signature________________________________________________________________________
Capacity of Signatory___________________________________________________________________
Date________________________________________
Client Signature_______________________________________________________________________
Capacity of Signatory__________________________________________________________________
Accepted by:
Robert Doggett
Registered Investment Adviser, Polaris Asset Management LLC
Date: ______________________________________________________________________________