Structure

Creating and implementing structure in your financial life is the first step in successful wealth management.

Financial Planning

The financial planning process enables you to make financial decisions from a position of knowledge and purpose. Peak will assist you in working through these initial three steps:

• Identify your current financial position: assets, income, expenses, insurances and estate disposition
• Identify your personal objectives and constraints over a variety of time frames
• Create a plan of action to meet your goals

The Investment Policy Statement (IPS)

The IPS is an outcome of the financial planning process. It sets the investment parameters and is used as the benchmark in all portfolio management decisions and account reviews. Your objectives and constraints will evolve over time and the IPS will be adjusted as needed to align portfolio management decisions with your goals.

Common investment objectives include:

• Wealth accumulation
• Wealth preservation
• Target expenditures
• Current income
• Retirement income
• Gifts/bequests

Common investment constraints include:

• Time horizon
• Risk tolerance
• Liquidity needs
• Tax considerations
• Legal or regulatory requirements
• Unique needs, preferences or circumstances