Course Description

Building an investment portfolio is a tough job. You have to balance the client’s financial goals with their personal financial situation and risk tolerance. This all starts with an investment policy statement (IPS). However, what does a good IPS look like? What does it consist of? And how has portfolio management changed in more recent times? Through case studies and real-world examples, we will explore how to create IPSs for clients, as well as how portfolio management has evolved over time.

Learning Objectives

  • Identify the core parts to an investment policy statement

  • Recall the difference between actual and perceived ability to take on risk

  • Recognize key findings in safe withdrawal rate (SWR) research

Additional Required Materials

  • Level: Beginner

  • Field of Study: Finance (NASBA); Portfolio development and analysis (CFP)

  • Who Should Attend: CPAs and financial advisors who want to know more about the fundamentals of portfolio management.

  • Required Knowledge: Basic understanding of client financial needs.

  • Advanced Prep: None

Instructor

CPA, CPCU, MST, MBA David Peters

David Peters is the Founder and Owner of Peters Tax Preparation & Consulting in Richmond, VA. He has over fourteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for over three years. He is a national CPE Instructor/Discussion Leader for the AICPA, Surgent, and Kaplan. He regularly teaches courses in accounting, finance, insurance, and ethics throughout the United States. He holds four Masters degrees and contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018 Virginia CPA Ethics course – a required course for all CPA’s licensed in the Commonwealth of Virginia.