Your Investor Profile together with our investment recommendations are formalized in a written “Personal Investment Plan” prepared by Goelzer and accepted by you. This document serves two main purposes:
- To confirm a common understanding of our relationship
- To provide a point of reference during future client meetings with you
Your Personal Investment Plan addresses specific aspects of your relationship with us. Included are:
- A clear statement of your investment objectives
- Specification of target rate of return, risk tolerance, and time horizon
- Articulation of income and liquidity needs
- Definition of portfolio risk constraints as well as quality controls
- Identification of portfolio benchmarks