FINANCIAL PLANNING: INVESTING ROAD MAP CAN KEEP YOU ON TRACK

The Globe and Mail – by Dianne Maley

web_bls“One of the many advantages of hiring a professional financial planner is the investment policy statement that flows out of the planning process. It will temper your exuberance when markets are rising and stiffen your backbone when they drop.  This statement is in addition to the “know your client” form used by investment dealers, which includes the minimum amount of information required by regulators.”

“The investment policy statement is the source document in terms of how we look at a client’s portfolio and make recommendations,” says Brinsley Saleken, investment counsellor at Macdonald, Shymko & Co. in Vancouver. “It’s a source of sober second thought.”  Click here to read the rest of this article

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