The requirement that a financial advisor must “Know Your Client”, including his/her tolerance for taking risks, is a universal requirement amongst investment regulators around the world. Yet a recent ...

In a volatile, uncertain stock market like this, be honest about what you can handle If you're looking to create and maintain an appropriate investment portfolio, you need to be honest about your ...

As an advisor, you have probably been relying on risk tolerance questionnaires to assess a client’s risk preference. And depending on the client’s answers, you gear the portfolio to a more or less ...

For too long, financial advisors have been making asset allocation decisions for their clients according to a “risk score,” a figure developed around client questionnaires to determine how much risk ...

Wealth managers often rely on risk scores to determine clients' asset allocations — a system that some researchers say is broken. Of all the numbers involved in financial planning, only one has the ...

Pandemic related risks are, hopefully, in the rear view mirror, but the race for wealthtechs to rethink what it means to assess a client’s risk tolerance through the advancement of technology is ...

Have you ever had a client who unexpectedly loses their nerve amid jittery markets? It’s not uncommon to see clients whose risk tolerance suggests they should be able to withstand the fluctuation in ...

As an RIA or hybrid advisor, you likely know plenty about your clients. Still, you're probably overestimating how familiar you are with how they view risk. That's because many of you likely rely on ...