October 2016

cle via e-mail to the chapter office at jaclyn@cainj.org. Microsoft Word documents only. AUTHOR GUIDELINES... from page 49.

Best Practices Homeowners Associations and Property Managers— Engaging an Investment Firm HOA Boards play an important fiduciary role in which best practices should be implemented. Boards change, property managers change and advisors change. The board should periodically take a fresh look at their investment advisor and their best practices. The board should examine tools, experience and service models of the firms they engage. My service model is highly experienced working with homeowners associations and property managers. I have investment experience of 25+ years including the experience of working with approximately 50 different communities with a variety of property managers. I can provide local guidance with global access.

A Rule of Thumb for Word Count

Generally an article should not exceed 1500 words. 250-300 words of double-spaced text fits onto one 8 ½” x 11” page: therefore, a 500-word article usually fills two pages, dou- ble-spaced: a 750-word article usually comprises three pages, double-spaced and so forth. Language The following words shall be in lower case, except for at the begin- ning of a sentence: board, board of directors and association. All articles should be written in the third person. Limit Your Subject Be cognizant that readers need specif- ic advice about specific issues. Articles in Community Trends ® are most useful if they clearly explain why the subject is important to the reader. For example, an article discussing proposed legisla- tion should clearly explain its ramifica- tions. Keep this in mind as you formulate your article and focus your piece. Craft a Good Lead Hook your readers right away with a creative lead that lets them know why they should spend time reading your piece. Let your readers know if the information you are going to share will save them time, money or help solve a problem. Anecdotes, quotes and questions are some examples of ways

To assist you with your fiduciary responsibility and to adhere to a best practice by taking a fresh look at your orga- nization, please call for a complimentary review and consultation.

John A. Busco Senior Vice President Financial Advisor 1433 Hooper Avenue Toms River, NJ 08753 732-505-4743 john.busco@ morganstanley.com www.morganstanleyfa. com/busco NMLS #1262084

Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters. © 2015 Investments and services offered through Morgan Stanley Smith Barney LLC. Member SIPC. CRC1198527 05/15 8253975 05/15

Community Trends ® r NOTES

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