{"id":19042,"date":"2020-06-29T16:21:46","date_gmt":"2020-06-29T16:21:46","guid":{"rendered":"https:\/\/www.grandriverllc.com\/?page_id=19042"},"modified":"2024-02-21T16:54:46","modified_gmt":"2024-02-21T21:54:46","slug":"investment-policy-statement-development","status":"publish","type":"page","link":"https:\/\/www.grandriverllc.com\/investment-policy-statement-development\/","title":{"rendered":"Investment Policy Statement Development"},"content":{"rendered":"\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:60%\">\n<p>An Investment Policy Statement is a written document that outlines important issues such as goals, policies and procedures as agreed to by both advisor and client. It\u2019s purpose is managing investments and cash flow in order to fund a retirment income plan. An Investment Policy Statement is required when a fiduciary relationship exists, and is regularly cited as a best practice in modern wealth management.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:40%\">\n<figure class=\"wp-block-video aligncenter\"><video height=\"720\" style=\"aspect-ratio: 1280 \/ 720;\" width=\"1280\" controls poster=\"https:\/\/www.grandriverllc.com\/wp-content\/uploads\/2020\/08\/Investment-Policy-Statement0.jpg\" src=\"https:\/\/www.grandriverllc.com\/wp-content\/uploads\/2020\/09\/2020-Rev1-Investment-Policy-Statement.mp4\"><\/video><\/figure>\n<\/div>\n<\/div>\n\n\n\n<blockquote class=\"wp-block-quote is-style-quote-underlay is-layout-flow wp-block-quote-is-layout-flow\">\n<p>The typical investor often makes inappropriate decisions due to a lack of information and a nonsystematic approach. Emotional or behavioral factors can also lead to improper decision-making. By using an Investment Policy Statement, investors have a written document to make prudent and rational decisions.<\/p>\n<\/blockquote>\n\n\n\n<p>By creating an Investment Policy Statement, you\u2019ve established a plan to confront complex issues, and have identified a systematic discipline for decision-making.<\/p>\n\n\n\n<p>In doing so, you\u2019ll have the advantage of clarity with your expectations and goals. You will better understand what to expect in the advisory relationship.<\/p>\n\n\n\n<p>With an Investment Policy Statement, both the advisor and client can make prudent, rational decisions about investments with confidence.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Setting Objectives<br>Set clear and definable expectations, risk tolerance, return objectives and guidelines for investments.<\/li>\n\n\n\n<li>Defining the Asset Allocation Policy<br>Create a structure and identify the investment asset classes used to achieve a diversified portfolio and determine how those assets are best allocated toward larger goals.<\/li>\n\n\n\n<li>Management Procedures<br>Provide a guide for selecting, monitoring and evaluating the performance of the invested assets and how to appropriately manage changes.<\/li>\n\n\n\n<li>Communication Procedures<br>Establish a clear protocol for communicating both processes and objectives among all parties involved, while assigning responsibility for implementation.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.grandriverllc.com\/contact\/\">CONTACT US<\/a><\/div>\n<\/div>\n\n\n\n<p>8500 Station Street \u2013 Suite 300G<br>Mentor, OH 44060<br>Office Phone: (440) 358 \u2013 0605<br>E-mail Jonathan Herbruck:\u00a0jherbruck@grandriverllc.com<br>E-mail Jim Yurman:\u00a0jyurman@grandriverllc.com<br>E-mail Mark Kalmeyer: mkalmeyer@grandriverllc.com<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Other contact information:<\/h5>\n\n\n\n<h4 class=\"wp-block-heading\">VALMARK SECURITIES, INC.<\/h4>\n\n\n\n<p>130 Springside Drive, Suite 300<br>Akron, OH 44333-2431<br>(800) 765 \u2013 5201<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>An Investment Policy Statement is a written document that outlines important issues such as goals, policies and procedures as agreed to by both advisor and client. It\u2019s purpose is managing investments and cash flow in order to fund a retirment income plan. An Investment Policy Statement is required when a fiduciary relationship exists, and is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"class_list":{"0":"post-19042","1":"page","2":"type-page","3":"status-publish","5":"entry"},"featured_image_src":null,"featured_image_src_square":null,"_links":{"self":[{"href":"https:\/\/www.grandriverllc.com\/wp-json\/wp\/v2\/pages\/19042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.grandriverllc.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.grandriverllc.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.grandriverllc.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.grandriverllc.com\/wp-json\/wp\/v2\/comments?post=19042"}],"version-history":[{"count":6,"href":"https:\/\/www.grandriverllc.com\/wp-json\/wp\/v2\/pages\/19042\/revisions"}],"predecessor-version":[{"id":23088,"href":"https:\/\/www.grandriverllc.com\/wp-json\/wp\/v2\/pages\/19042\/revisions\/23088"}],"wp:attachment":[{"href":"https:\/\/www.grandriverllc.com\/wp-json\/wp\/v2\/media?parent=19042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}