What is an Investment Policy Statement (IPS)?
Submitted by Desmond Wealth Management, Inc. on November 9th, 2019
An Investment policy statement (IPS) is a statement that is a road map for you and your advisor in structuring your investments according to your goals. It spells out your investment goals and objectives, outlines the asset allocation targets, and the specific types of securities to be used with the expected risk/return profile of your portfolio.