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Gary Lee Weinrib (Mr. W) is a 60 year old divorced musician. He is planning on retiring in the next two years. He will quit

Gary Lee Weinrib (Mr. W) is a 60 year old divorced musician. He is planning on retiring in the next two years. He will quit touring and recording. He is in reasonably good health. As a successful musician, he has amassed a solid portfolio. His net assets are $10 million. His current earnings are $500,000, and his expenses will be $500,000 in retirement. His current income consists of $250,000 touring income and $250,000 of income from record royalties. 1. Write an Investment Policy Statement covering Mr. Ws Objectives and constraints. Be sure to cover the clients return requirements, time horizon, tax considerations, inflation concerns etc

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