"TAMRIS" - Setting standards
Independent, Impartial, Objective
Annual investment planning & asset management report.
A simple statement of portfolio returns and a simple explanation of what happened to the market does not constitute an investment planning review.
The review should restate and update your objectives and risk preferences.
It should reassess the ability of assets to meet financial needs and assess affects of changes to financial needs.
It should relate portfolio structure and performance to your financial needs and risk preferences.
It should provide a short and a detailed analysis of investment strategy, reasons for sales/purchases or recommended sales and purchases and an assessment of current market and economic risks.