How to Write an Investment Policy Statement / Wiley Trading Series (ePub)

An indispensable resource for every financial service
professionals developing an IPS

The Investment Policy Statement (IPS) is one of the most
critical documents fiduciaries must draft. For years, ERISA and
other industry regulations have governed the guidelines all
fiduciaries must comply with when drafting one. But the current
climate of corporate scandal and the 2008 global banking crisis
have led to increased scrutiny by regulators, prompting firms to
take a closer look at the quality and integrity of their IPSs and
to take steps to have a rigorous formal process in place for
drafting them. Endorsed by the Foundation of Fiduciary Studies,
this concise guide provides a rigorous framework and the expert
insight, information and guidance you need to guarantee that your
IPS is in complete compliance with all ERISA-directed
requirements.

* Provides a step-by-step plan for creating a uniform IPS that
every advisor in the office can follow

* Defines the duties and responsibilities of all parties
involved, while clarifying diversification guidelines and providing
methods for keeping costs under control

* Packed with ready-to-use templates, sample forms, letters and
other documents, diagrams and other valuable tools, including
sample Policy Statement downloadable at the companion website

* Designed to get you quickly up to speed on what you need to
know to confidently serve your clients with the highest standards
of care and protection