Step 2 of the Fiduciary Process: Formalizing the Investment Strategy

Michael Muirhead, SVP, Learning & Development, Fi360

October 04, 2017

Armed with an understanding of the client’s objectives and financial situation, the second step of the fiduciary process is to build and formalize the investment strategy for the client’s portfolio. Broadly speaking, this involves establishing proper portfolio diversification and preparing an effective investment policy statement.

This session provides an overview of the prudent process an advisor should follow to arrive at a proper investment allocation strategy to best suit the needs of the investor. It is appropriate as both an introduction to fiduciary responsibility for those who are inexperienced with acting as a fiduciary and as a refresher for experienced advisors who have fiduciary training and a track record of supporting fiduciary clients.