Measuring a client's tolerance for risk is an essential (and required!) step when onboarding a new client, as making any sort of recommendation is impossible without first understanding how comfortable clients may be when their portfolios inevitably experience volatility. Over the years, 2 types of measurement tools have emerged as the standards for assessing risk tolerance: 1) psychometric tests, whichRead More... The post 5 Questions Using Risk Assessment Data That Help Advisors Understand Clients’ True Concerns About Risk first appeared on Kitces.com.

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