Investment Advisors' Investment Policy Statement (IPS) - Rules, Regulations and Best Practices

This training program will analyze best practices for the investment policy statement (IPS), elements of the IPS, the significant areas of the firm that should be involved in the development of the IPS, creating and maintaining the IPS, and compliance testing of the IPS.

Why Should You Attend:

The guidelines surrounding best practices for developing and maintaining the investment policy statement (IPS) are not always clear. The IPS is a key document between the client and their investment advisor, yet it is one that can be detrimental to the advisory firm if poorly written or managed. It is a key document used by compliance, regulators and perhaps as evidence in the case of a lawsuit brought by a client.

This webinar will focus on why it is essential to design a well thought out IPS or even consider a revision to outdated IPS for existing clients.

Learning Objective:

• Best practices surrounding the IPS
• Elements of the IPS
• The significant areas of the firm that should be involved in the development of the IPS
• Creating the IPS
• Maintaining the IPS
• Compliance testing of the IPS

Areas Covered in the Webinar:

• Rules, laws, regulations and best practices around the investment policy statement.
• Analyzing the key components to be included in a firm’s template investment policy statement.
• The operational process of obtaining the IPS during the client on-boarding process.
• Ways to help ensure the IPS remains relevant to the client’s objectives.
• Educating the client on the need for an IPS.
• Suggestions on how the compliance team can perform testing of the IPS.

Who Will Benefit:

• Audit
• Compliance Personnel
• Risk Managers
• Operations Managers
• Chief Operating Officers
• Attorneys
• Investment Management/Portfolio Managers
• Client Service Managers
• IT
• Accountants
• Chief Operating Officers
• Chief Executive Officers
• Financial Planners