Ultimate access to all questions.
With respect to an investment policy statement (IPS), which of the following components is most closely linked to the client's distinctive needs?
Explanation:
The objectives and constraints sections of an IPS are most closely linked to the client's distinctive needs, as they directly address the client's financial goals and limitations. This format is often referred to as an 'objectives and constraints' IPS. The evaluation and review section (Option A) focuses on performance feedback, while the statement of duties and responsibilities (Option C) details roles and responsibilities, neither of which are as directly tied to the client's unique requirements.