Fillable Ira Brokerage Account Application - Scottrade Form (Page 4 of 4) in pdf

INVESTMENT ADVISOR ACCOUNT ACCESS AND ADVISORY FEE AUTHORIZATION

1. Account Owner Authorization and Investment Account Access

I/We, as the undersigned Account Owner(s), hereby authorize and appoint the Investment Advisor (Advisor) listed above and its

employees and agents, if applicable, to manage my Scottrade brokerage account. The Advisor is authorized to act for me and on my

behalf in the same manner and with the same force and effect as I might or could do, and Scottrade is authorized to follow my

Investment Advisor’s instructions as if directly instructed by me, with respect to the following authorized powers listed on page 3.

For Account View and Trade Access, my Investment Advisor is permitted to request the disbursement of funds from the account(s)

listed above, provided the funds are sent to the registered name and address on file for the account(s). To disperse funds from the

account(s) to an alternate payee or address, I must submit a written request to Scottrade. l must also submit a written request to

Scottrade for asset or wire transfers.

For Account View-Only Access, my Investment Advisor is NOT permitted to request the disbursement of funds or securities from the

account, without my express written consent (through sending us either Scottrade’s Investment Advisor Disbursement Authorization

form, or a separate letter of authorization, signed by both the account owner and the Investment Advisor).

2. Account Linking to Investment Advisor Master Account

I understand that my account will be linked to my Advisor’s Master Account, upon Scottrade’s receipt of this signed authorization, for

the purpose of allowing the Advisor access to my account for the powers stated on page 3.

3. No Recommendations, Endorsement or Advice

I acknowledge that Scottrade will not provide investment, trading or tax advice to me. I also acknowledge that my Advisor was not

recommended, or endorsed, by Scottrade. I understand that my Advisor is not employed by or registered or associated with Scottrade.

Scottrade will not make any determinations as to the competence or integrity of my Advisor, or monitor the actions of my Advisor.

Scottrade will not review my Advisor’s recommendations or judge the suitability of any trading decisions made by my Advisor.

4. Termination

I will notify Scottrade immediately, in writing, if my Advisor or I terminate our separate agreement. I acknowledge that this Investment

Advisor Account Access and Advisory Fee Authorization (Authorization) shall remain in effect until Scottrade receives written notice

of its termination, received at Scottrade’s Corporate Headquarters, c/o Advisor Services, 12800 Corporate Hill Dr., St. Louis, MO

63131, and has had sufficient time to process such notice.

5. Indemnification

I agree to indemnify and hold harmless Scottrade, its affiliates, directors, officers, employees and agents under this Authorization

from and against all claims, actions, costs, liabilities, including attorney’s fees, arising from or relating to: my breach of any provision

or representation in this Authorization; the performance or non-performance, delivery or non-delivery of services by my Advisor; any

dispute between me and my Advisor that does not directly result from Scottrade’s provision of discount brokerage services; any

information provided to Scottrade by my Advisor.

6. Arbitration

The Brokerage Account Agreement between Scottrade and me contains arbitration clauses requiring the parties to arbitrate any

disputes. Such arbitration clauses are incorporated herein by reference. I acknowledge that all disputes regarding this Authorization,

my account(s) or Scottrade’s provision of services to my Advisor or me are subject to arbitration.

7. Supplement

The terms and conditions of this Authorization are in addition to the provisions of all other agreements between Scottrade and me. I

acknowledge that this Authorization merely authorizes my Advisor to conduct certain activities with respect to my account and is not a

substitute for a separate advisory agreement and is not designed to satisfy any regulatory obligations applicable to the Advisor to

enter into such agreement.

8. Authorization to Pay Advisory Fees

I have entered into a separate agreement to pay management or advisory fees to my Advisor. I understand that I may grant or deny

Scottrade authorization to debit my account for advisory fees by checking the appropriate box above. If granted, and upon receipt of an

invoice from my Advisor, I hereby authorize Scotrade to deduct advisory fees from my account listed below, to the extent of available

settled funds, and remit those fees directly to my Advisor's Fee Collection Account for the stated dollar amount represented on the

invoice. I acknowledge that Scottrade is not responsible for monitoring or enforcing any advisory fee agreement between me and my

Advisor. I also acknowledge that Scottrade is not involved in determining the amount of any fees and is not liable for any errors or

miscalculations in the fee amount represented on the invoice. I understand that Scottrade will continue to remit fees to my Advisor for

any invoices presented to it until I provide written notice that is received at Scottrade's corporate headquarters, as stated in section 4,

revoking this Advisory Fee Authorization. Authorization to pay advisory fees may be revoked by me in writing, separately, without

terminating the Investment Advisor Account Access Authorization powers stated on page 3.

Scottrade

Advisor Services is a business unit of Scottrade, Inc. All products and services offered by Scottrade, Inc. - Member FINRA/SIPC.

Page 4 of 4

Ira Brokerage Account Application - Scottrade Form Page 4

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