What Is An Investment Policy Statement And How Do I Write One?

Writing an investment policy statement (IPS) is one of the most important things you can do to build long-term wealth. It isn’t complicated or something that only people with a ton of investments do — writing an IPS is useful for everyone.

Your IPS will help you identify and define your long-term financial goals. It encourages you to step back and take a good hard look at your savings, investments, risk tolerance, and timeline.