F&PA will implement your agreed upon Portfolio strategy, usually outlined in the IPS, and begin the ongoing process of managing your investment portfolio.

Following are the fundamental principles F&PA follows when it comes to designing your investment portfolio and making specific recommendations:

• It is important to realize that no one can predict the future. Differences of opinion make a market. Investment and economic “experts” provided with the same information often come to different conclusions.

• We do believe, however, that valuable insight can be gained from: [1] Demographics; [2] studying the historic trends; [3] the understanding of relationships between investment classes; and [4] the philosophies and approaches of successful investment managers.

• The appropriate allocation of investment assets for your goals and risk tolerance is the most important component in developing an investment portfolio.