Before we can give appropriate investment advice, we work with our clients to construct a comprehensive Investment Policy Statement (IPS). Creating an Investment Policy Statement (FPA Press), by Norm Boone and Linda Lubitz Boone, spells out the purpose and benefits of using an Investment Policy Statement:
- Identifies specific client objectives, risk tolerance, and time horizon.
- Explains the investment strategy and defines asset-allocation policy.
- Establishes a process for making investment decisions and guidelines for future decision-making.
The IPS may also serve as a forum for client-advisor communication and moderate influences against making decisions in an emotionally-charged environment, helping to avoid negative investment behavior. The policy statement may also establish a record of decisions and an objective means of measuring performance, as well as help with monitoring progress.
The information gathering process insures that we raise and discuss all pertinent investment issues.
For a sample Investment Policy Statement, or to discuss your investment process with us, please call 843-577-7701 or email info@kaizenwm.com