Comments on: A Financial Advisor’s Sample IPS http://www.canadiancapitalist.com/a-financial-advisors-sample-ips/ Helping you invest and prosper Sun, 12 Feb 2012 00:54:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jordan Clark http://www.canadiancapitalist.com/a-financial-advisors-sample-ips/#comment-171079 Jordan Clark Sun, 30 Nov 2008 06:11:50 +0000 http://www.canadiancapitalist.com/?p=989#comment-171079 CC: I wish I could have read this sample plan as I'm starting to create my own, but unfortunately the link is dead and the website appears to be gone. CC:

I wish I could have read this sample plan as I’m starting to create my own, but unfortunately the link is dead and the website appears to be gone.

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/a-financial-advisors-sample-ips/#comment-141686 Canadian Capitalist Fri, 11 Jul 2008 01:52:13 +0000 http://www.canadiancapitalist.com/?p=989#comment-141686 venter: I guess what you are saying is that most clients want you to implement their financial plans and couldn't be bothered with reading a plan or IPS even if you prepare one. I disagree with you here. A written plan and IPS should be a guide for the client as well as the advisor in times of market despair or euphoria. If there is no written asset allocation policy how is a client going to get the discipline of selling in bull markets and buying in bear markets? Clients hire financial advisors because they are not well-versed with financial matters and IMO should be educated on why a financial plan and IPS are important. venter: I guess what you are saying is that most clients want you to implement their financial plans and couldn’t be bothered with reading a plan or IPS even if you prepare one. I disagree with you here. A written plan and IPS should be a guide for the client as well as the advisor in times of market despair or euphoria.

If there is no written asset allocation policy how is a client going to get the discipline of selling in bull markets and buying in bear markets? Clients hire financial advisors because they are not well-versed with financial matters and IMO should be educated on why a financial plan and IPS are important.

]]> By: Joe http://www.canadiancapitalist.com/a-financial-advisors-sample-ips/#comment-141679 Joe Fri, 11 Jul 2008 01:35:59 +0000 http://www.canadiancapitalist.com/?p=989#comment-141679 Isn't that like saying you won't provide the proper service unless someone can call you out on it? Isn’t that like saying you won’t provide the proper service unless someone can call you out on it?

]]> By: venter http://www.canadiancapitalist.com/a-financial-advisors-sample-ips/#comment-141628 venter Thu, 10 Jul 2008 20:11:04 +0000 http://www.canadiancapitalist.com/?p=989#comment-141628 I'll tell you why most advisors don't have these documents. Most investors don't want them. They just want some basic information about how they are invested and the risk level of their investments. I always provide a summary of what I am trying to achieve with their portfolio and the rational behind any changes. Very few clients come in looking for complete financial plans, if they did I would provide a comprehensive plan with an IPS etc. I’ll tell you why most advisors don’t have these documents. Most investors don’t want them. They just want some basic information about how they are invested and the risk level of their investments. I always provide a summary of what I am trying to achieve with their portfolio and the rational behind any changes. Very few clients come in looking for complete financial plans, if they did I would provide a comprehensive plan with an IPS etc.

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/a-financial-advisors-sample-ips/#comment-141525 Canadian Capitalist Thu, 10 Jul 2008 11:26:46 +0000 http://www.canadiancapitalist.com/?p=989#comment-141525 midbach: It's surprising how many advisor clients don't have basic documents like a written financial plan, IPS etc. I haven't read The Unbiased Advisor. I'll see if our library has it. midbach: It’s surprising how many advisor clients don’t have basic documents like a written financial plan, IPS etc. I haven’t read The Unbiased Advisor. I’ll see if our library has it.

]]> By: midbach http://www.canadiancapitalist.com/a-financial-advisors-sample-ips/#comment-141286 midbach Thu, 10 Jul 2008 00:33:48 +0000 http://www.canadiancapitalist.com/?p=989#comment-141286 I wish my advisor had an IPS like the one presented here, maybe then I wouldn't be looking to leave him. On the same topic, I also wish I had read The Unbiased Advisor by Warren MacKenzie before I went shopping for an investment advisor. I just finished it and it's a good read. I wish my advisor had an IPS like the one presented here, maybe then I wouldn’t be looking to leave him.

On the same topic, I also wish I had read The Unbiased Advisor by Warren MacKenzie before I went shopping for an investment advisor. I just finished it and it’s a good read.

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