[Verse 1]
When clients come to you for wealth advice
You need a plan that's built precise
The IPS will guide your way
Seven components every day
Return objectives start the show
How much their money needs to grow
Risk tolerance comes next in line
How much loss keeps them feeling fine
[Chorus]
Return and risk, time and liquidity
Tax and legal, plus unique needs
R-R-T-L-T-L-U, that's the IPS recipe
Individual or institutional
Every investor's got their way
Different goals for different roles
The IPS will light the way
[Verse 2]
Time horizon tells the tale
Short term goals or long term trail
Liquidity needs must be clear
Cash requirements through the year
Tax considerations take their place
Minimize what they have to pay
Legal rules and regulations
Guide investment allocations
[Chorus]
Return and risk, time and liquidity
Tax and legal, plus unique needs
R-R-T-L-T-L-U, that's the IPS recipe
Individual or institutional
Every investor's got their way
Different goals for different roles
The IPS will light the way
[Bridge]
Individuals save for retirement dreams
Education funds and family schemes
But institutions play a different game
Pension funds with fiduciary aims
Defined benefit promises to keep
Defined contribution growth runs deep
[Verse 3]
Endowments fund the schools we know
Foundations make the charities grow
Insurance companies need reserves
Sovereign wealth funds nations serve
Banks must follow Basel rules
Each investor has different tools
[Chorus]
Return and risk, time and liquidity
Tax and legal, plus unique needs
R-R-T-L-T-L-U, that's the IPS recipe
Individual or institutional
Every investor's got their way
Different goals for different roles
The IPS will light the way
[Outro]
Unique circumstances seal the deal
ESG concerns or values real
The IPS your roadmap true
For every client, me and you