Part I Guide to Writing An Investment Policy Statement Step 1. Introduction ● Describe the purpose of the Investment Policy Statement ● Write a brief description of your client. ○ This section should have a review of the client’s balance sheet and investable assets, their current work status, desired retirement date and family information. Step 2. Describe your client’s goals and objectives. ● Goals – Express your client’s goals in qualitative terms, such as, wishing to maintain their current standard of living through retirement, paying for a child’s college education, or to leave something to their children after passing. ● Risk Tolerance – o Complete the Investor Questionnaire on behalf of your client. ▪ You may conduct research to identify a tool of your choice. The link below, provided by Vanguard, is one option to consider. ●