Investment Policy Statement (IPS)
The purpose of an Investment Policy Statement (IPS) is to provide both clarity and guidance in the investment decision-making process. It takes your financial resources, needs, goals, risk tolerance and personal preferences into account, and also outlines roles, responsibilities and expectations. This document is meant to ensure the prudent management of funds according to mutually agrees upon limitations, while at the same time allowing for sufficient flexibility to react appropriately to changing economic, business and investment market conditions.
Click here for a sample Investment Policy Statement from Vision Financial Planning
