Investment Policy
At Wales Investments, we believe that the investment decisions must be coordinated with the client's overall financial picture, including non-financial assets and financial assets that are held with another firm. When portfolios are structured properly, each investment decision represents a component of a focused strategy designed to move the client toward specific goals.
Before investing any funds on behalf of a client, we will meet to review the client's overall financial situation, including incomes and obligations, financial assets as well as real estate, business and other assets. We also discuss risk outlook, time horizon, and overall goals. We document the client's total financial situation, including current asset allocation, and our recommended allocation, in a written investment policy statement, which serves as our guideline for investment decisions. The investment policy statement is the centerpiece of our investment management process. |
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