“I LOVE the two different risk numbers (i.e. capacity vs. preference) this is a robust story and super meaningful for deepening the client conversation beyond what they initially say they are comfortable with.”

Daniel Seltzer CFP®, MSFP
President & Wealth Advisor, Arrow Wealth Advisors

Risk tolerance questionnaire

Identifying a client’s Risk Band, provides advisors an opportunity to identify and discuss portfolio risk and financial goals.  When a portfolio scores within the Risk Band, risk is appropriately allocated.  When a portfolio scores outside of the Risk Band, there is room for discussion.

Risk tolerance questionnaire and compliance

An Advisor’s Insurance Policy

Totum’s risk tolerance questionnaire is based on 11 questions and a shortened questionnaire for a website and mobile phones.  Totum incorporated data mining and machine learning with over 99 pages of PhD designed algorithms and models on the back end to provide results that are accurate enough to hold up in arbitration.  All risk tolerance questionnaires and scores are archived for compliance purposes.

After a financial plan is completed the advisor may realize the investor needs to take on more or less risk than what the risk scores provided.  The advisor can then move the risk preference score to be more inline with the investors financial plan.  This is also time stamped and archived with the advisors notes.

Totum is listed in the FINRA Compliance Vendor Directory

Totum covers the new SEC Best Interest Regulation Rule

Customize Your Own Models & Integrate Your Book of Business

Apply your customized model portfolios to show comparisons and make recommendations. Easily upload your current models through our Excel template.

Integrate directly through your custodian, broker/dealer, insurance firm, bank or other third party Fintech Solutions to automatically review your client’s accounts and portfolio scores.

Investment Policy Statements and Reports

White label logos and text to customize your own Investment Policy Statements, Client Summary, or Portfolio Summary reports.   Include, welcome page, risk tolerance questionnaire profile summary, portfolio comparisons and recommendations, analytics, stress tests, monte carlo simulation, and historical returns charts.  Plus, add your own comments to make the proposal more personal.

Need more information on the risk tolerance questionnaire?

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