Aspen Capital Management's recommendations are based on the outcome of the financial plan, our discussions and risk analysis work you will have completed.
Your Investment Policy Statement includes:
- Our philosophy and approach to managing clients assets
- Analysis of and recommendation concerning existing investments
- Recommended portfolio asset allocation
- Portfolio rebalancing metrics
While each client's Investment Policy Statement is customized, five themes are important in the construction of each portfolio:
- Diversification
- Capture the compensated risk dimensions of the markets in the most reliable fashion
- Tilt the portfolio allocation to areas that increase expected returns
- Minimize costs
- Minimize taxes and turnover
- Asset allocation vs asset location
- Use tax managed funds in taxable accounts
- Maintain asset allocation