What is an IPS?
An Investment Policy Statement is an individually customized investment profile, which provides a summary of an investors investment objectives and goals. The IPS serves as an investment guideline, mapping out a proposed investment strategy. It outlines an investors appropriate asset allocation based on their investment objectives, time horizon and risk tolerance. The IPS also recommends the Portfolio Managers and funds that are best suited to each investor. When used correctly, the IPS provides you with the foundation for substantive investment discussions with your clients and prospects. The statement helps prospects understand the advantages of professional asset management, establishes long-term client investment objectives and helps you choose managers who are consistent with your clients objectives. It also provides you with a detailed investor profile so you can more accurately understand and manage your clients and prospects. • What tools can I use to develop an IPS for my clie
