The Web-based system will enable Commonwealth advisors to quickly and easily create investment policy statements that reflect their individual firm philosophies and offerings, as well as the unique circumstances of their clients.
Additionally, advisors will be able to repllicate any changes to a firm’s investment policy to all previously created statements with one click.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
IPS AdvisorPro co-founders Norm Boone, CFP, and Linda Lubitz Boone, CFP remarked "In this era of financial services industry reform and a focus on a fiduciary standard of care, the use of an IPS has become critical for financial advisors."
"The IPS is rapidly being embraced by the industry as the go-to document and record of the agreements between financial advisor and client about how their money will be invested to ensure compliance with new regulations and to protect the firm from liability exposure," Boone added.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
