Investment Policy Statement Drafting and Review Worksheet

Worksheet to document a client's investment objectives, asset allocation targets, constraints, and review notes for drafting and updating an investment policy statement during client meetings.

Submission Notice and Consent

• Purpose of this submission
• Client consent to document investment objectives and constraints
• Advisor name
• Meeting date

Client Profile and Review Context

• Client name
• Account type
• What triggered this review?
• Meeting summary and key updates

Investment Objectives

• Primary investment objective
• Secondary objectives
• Investment time horizon (years)
• Expected return objective

Risk Tolerance and Liquidity Needs

• Overall risk tolerance
• Maximum temporary loss the client is comfortable with
• Liquidity needs within the next 12 months
• Liquidity details

Asset Allocation Targets

• Target equity allocation (%)
• Target fixed income allocation (%)
• Target cash allocation (%)
• Target alternatives allocation (%)
• Allocation rationale and constraints

Constraints and Special Considerations

• Applicable constraints
• Constraint details
• Restricted securities or holdings to avoid
• Special considerations

Review, Approval, and Audit Trail

• IPS status after this review
• Follow-up actions
• Client attestation
• Advisor signature