When it comes to risk tolerance questionnaires, it’s time to look at
facts over feelings
WHAT MAKES TOTUM DIFFERENT?
Totum helps advisors with compliance, prospecting, and client retention by calculating and comparing 3 risk scores- risk capacity, risk preference, and portfolio risk, all with a short, user-friendly questionnaire
RISK CAPACITY
How much risk the investor can or can not take given their current life situation – ability to take risk.
RISK PREFERENCE
How much risk the investor is willing to take.
PORTFOLIO RISK
The portfolio risk score should fall between the risk preference and risk capacity scores.
A CLIENT FRIENDLY EXPERIENCE
With nine short questions, your client will complete the survey in less than a minute.
- Convert prospects faster by showing how their current portfolio is not within their Risk Band
- Retain more clients by offering a relatable questionnaire
- Prospecting links for your website, newsletter, or email signature
- Custom proposals for your meetings
MOST SUITABLE QUESTIONNAIRE
Our multi-dimensional questionnaire was designed to assist with compliance.
- FINRA reviewed Investment Policy Statement and FINRA Compliance Vendor Directory at finra.org
- SEC Regulation Best Interest Rule, Client Profiling, and Recommendations.
- Automatic archiving of risk questionnaires and scores
- Quantitative tested methodologies to ensure accurate scoring (built by PhDs in the financial industry)
Partner integrations
Daily updated account data helps advisors quickly run reports for their client meetings.
As seen in
SUCCESS STORIES
Here’s what our clients have to say about Totum.
Joel Bruckenstein
TECHNOLOGY TOOLS FOR TODAY
One of the most persistent challenges for advisors is to get an accurate gauge of a client’s risk tolerance. With a fresh approach to risk analysis, Totum is a promising addition to the advisor tool kit.
Ben Reppond
Founder, Reppond Investments
Patrick Huey,CFP®, CAP®
Owner, Victory Independent Planning, LLC
My recent book confronted recency bias and risk homeostasis, dual impediments to proper long-term investing. Totum’s dynamic assessment tool is a natural conversation starter to uncover the short-term thinking that leads to unrealistic assumptions about risk.
Julie Skye
Chief Compliance Officer, Sustainable Advisors Alliance
Our firm has been vetting risk tolerance questionnaires and technologies for some time. For me, it was important to not just have the ability to score risk, but also seamlessly connect our client holdings into the risk tolerance process. My clients are value-based with heavy exposure to ESG. I enjoy the ability to customize the Totum questionnaire and add model portfolios that I think will be suitable and finally, generate an Investment Policy Statement in a few quick steps.
Our clients like the experience of completing the Totum Questionnaire, and it is especially effective when we do it together. It is also easy to update their profile in Totum as life events change…like retirement…or a desire to reduce volatility. For my practice, nothing has been as intuitive, as customizable, and effective as Totum.