To complete his assessment of Pope’s investment constraints, Samuel still needs to inquire about Pope’s:

Of the five categories of investment constraints, the four matters listed are related to Popes time horizon (years to retirement), liquidity needs (available cash), legal and regulatory factors (required copies of account statements to Popes compliance officer), and unique needs and preferences (no investments in Lower Pannonia). None of these constraints address Pope’s tax situation or the taxable status of the investment account.