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Totum is now an approved affinity partner for Infinex Financial Group

Today, we are excited to announce our latest partnership with Infinex Financial Group. Totum is now an approved affinity partner, and we are able to offer our fact-based risk profiling platform to Infinex financial professionals at a discount. Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA/SIPC. Schedule a demo …

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[Totum LIVE] How the combination of Totum + CircleBlack helps advisors drive fact-based financial wellness.

In this episode of Totum LIVE,  Sarah Rasmuss, Chief Product Officer at Circle Black, and Larry Shumbres, Co-Founder and Chief Revenue Officer at Totum by TIFIN go through an overview of both platforms and how the combination can help advisors drive fact-based financial wellness.  https://www.youtube.com/watch?v=OlAxthQIqj0 Schedule a time to see how Totum’s fact-based risk capacity can …

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Totum_Webinar

[Totum LIVE] How Advisors can streamline their practice with State Street ETF Model Portfolios and Totum

Click on the video below to watch the playback of our conversation with State Street. State Street Model Strategist Karlan Patel, CFA joined Totum’s Co-Founder and CRO Larry Shumbres to demonstrate how State Street ETF Model Portfolios can be utilized on Totum to streamline an advisor’s investment practice. https://www.youtube.com/watch?v=iEEg9E9eVSE Schedule a time to see how Totum’s …

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Totum - Reg BI Duty of Care

How Assessing Risk Capacity With Totum Helps Satisfy the Duty of Care Requirements of Reg BI

One of the key components of the Regulation Best Interest adopted by the SEC on June 30, 2020, is the Care Obligation. In referring to this obligation, the SEC states that when making a recommendation, a broker-dealer “must exercise reasonable diligence, care, and skill when making a recommendation to a retail customer….” This stipulation is broken down …

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Totum Reg BI

How A Proper Risk Capacity Score Helps Broker-Dealers Meet Reg BI Requirements

The Regulation Best Interest (Reg BI) rule set out by the SEC on June 30, 2020 means broker-dealers and their associated persons who are natural persons must prove that they’re acting in the best interest of their retail customers. The regulation consists of 4 components, which are: 1-Disclosure: Broker-dealers must disclose, in writing, all material facts …

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Totum Integration

Why not having the right API strategy is not just a poor business decision, it is a client retention issue for fintechs

The Era Of Walled SaaS Gardens Is Dead Not too long ago, software platforms could live in isolation. They were built as complete waterfall technologies that served specific broad sets of needs for their clientele. Rarely, did these platforms have a need to cross-pollinate or connect with parallel or competing technologies. Then as services fragmented, …

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Portfolio Risk

How Today’s Portfolio Risk Assessment Tools Rely On AI and Big Data To Better Serve Their Clients

Traditionally, advisors were only able to capture inputs directly from their clients. This information was often very subjective and relied heavily on the clients’ feelings about investing and risk. Fact-based questions were often limited to a small set of questions, such as time horizon and availability of assets.  Even still, these “facts” were vulnerable to …

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Online risk tolerance questionnaire

Why Today’s Modern Advisor Needs Their Online Risk Tolerance Questionnaire To Be Part of an Integrated Fintech Platform

Gone are the days a risk assessment should be conducted on paper or in a spreadsheet. These processes are cumbersome, slow, and prone to inaccuracies. Recognizing these problems, the founders of Totum by TIFIN spent over five years creating a tool that integrates with leading broker-dealers and custodians, as well as complimentary fintech partners. We …

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How the Right Risk Profiling Can Help You Close Clients (No, Really!)

As discussed in our article Traditional Risk Tolerance Questionnaires Lead to Inaccurate Risk Appetite, risk tolerance questionnaires help mitigate biases and emotional subjectivity in investing decisions. But risk profiling through Totum takes it a step further. Unlike other questionnaires that only provide one aspect of risk at a time, our platform calculates risk capacity, risk …

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