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Could someone please help me with the below case? Investment Policy Statement Case Study for James Smith Objective: Please create an investment policy statement (IPS)

Could someone please help me with the below case?

Investment Policy Statement Case Study for James Smith

Objective:

Please create an investment policy statement (IPS) for James Smith using Roger Gibson's Asset Allocation principles , taking into account his financial situation, risk preferences, and investment goals. You may work with a partner on this project.

Background:

James Smith is a 35-year-old engineer, married with two children. He is financially stable, with a combined annual household income of $200,000 and rents (not owns) his home. He has a relatively low risk aversion and is concerned about the fees associated with his investments. He plans to retire in approximately 30 years.

Investment Goals:

Long-term capital growth

Retire in approximately 30 years

Current Assets: 401(k): $361,000; IRA: $66,000; Taxable Brokerage Account: $315,000

Total Assets: $742,000

Jamess Portfolio Allocation:

Domestic Stocks: $269,000 American Funds Growth Fund of America (AGTHX): IRA: $24,000; 401(k): $140,000 Microsoft Corporation (MSFT): Taxable Brokerage Account: $52,500 Apple Inc. (AAPL): Taxable Brokerage Account: $52,500

International Stocks: $193,000

American Funds Capital World Growth and Income Fund (CWGIX): IRA: $18,000; 401(k): $105,000

Alibaba Group Holding Ltd (BABA): Taxable Brokerage Account: $35,000

Toyota Motor Corporation (TM): Taxable Brokerage Account: $35,000

Bonds: $175,000

American Funds Bond Fund of America (ABNDX): IRA: $24,000; 401(k): $116,000

iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD): Taxable Brokerage Account: $35,000

Cash: $35,000

Fidelity Government Money Market Fund (SPAXX): Taxable Brokerage Account: $35,000

Cryptocurrency: $70,000

Grayscale Bitcoin Trust (GBTC): Taxable Brokerage Account: $42,000

Grayscale Ethereum Trust (ETHE): Taxable Brokerage Account: $28,000

Your investment policy statement (IPS) should include, but is not limited to, the following components:

Client's personal information and background

Investment objectives and goals

Risk aversion and risk profile

Time horizon for investments

Target asset allocation and diversification

Rebalancing strategy and frequency

Tax considerations and strategies

Performance measurement and benchmarking

Monitoring and review process

Constraints, restrictions, and unique circumstances

Investment fees, expenses, and cost considerations

Roles and responsibilities of the client, advisor, and other parties involved in managing the investments

Legal and regulatory requirements

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