An investment policy statement is not governance
An IPS says what may be held. It does not say who may decide to hold it, on whose recommendation, or what happens when two owners disagree. Both documents are needed. Only one of them is governance.
Tell us what you cannot currently answer.
Contact
A partner reads what you write and replies within one business day.
What follows is a conversation, then an assessment, then a governance office.
Your enquiry
Further reading
Eighty-six percent have no succession plan for the people who decide
The succession most families have thought about is the shares. The one J.P. Morgan found missing is the people who run the place, and it is the one that stops an office within a week.