Totum

Totum Risk® announces integration with Schwab Advisor Center®

Schwab Advisor Services Integration

ATLANTA, Dec. 11, 2019 /PRNewswire/ — Following Schwab’s annual IMPACT® conference, Totum Risk™, an investment risk tolerance tool that calculates risk capacity in addition to risk preference, announced single sign-on integration with Schwab Advisor Center platform; becoming one of the first WealthTech providers to offer this capability.

Totum Risk integration with Schwab Advisor Center(SAC) through a Single Sign One(SSO).

Totum Risk’s life events questionnaire offers technology that calculates an investor’s risk capacity, or how much risk an investor can take given their current life situation, and compares it to their risk preference, or how much risk an investor is willing to take. The resulting risk scores help advisors create a portfolio unique to each client’s risk capacity. Additionally, Totum Risk’s questionnaire is easy to take, improves compliance, holds up in arbitration, and offers an enhanced client experience including custom analytics, model marketplace, portfolio comparison reports, and custom proposals, now with seamless access to the Schwab Advisor Center platform.

“We’re pleased to welcome Totum Risk in to our growing list of integration participants,” says John Connor VP of Digital Advisor Solutions at Charles Schwab. “Their approach to risk analysis is a valuable compliment to the platform and aligns well with our goal to enhance the advisor experience through integrations with best-in-class providers.”

“Working in the financial industry for 20 years, I know how important it is to have the right tools available for registered investment advisors. It has to be easy to use, accurate and helpful, and most important, add value to the advisor/investor relationship. I developed Totum Risk with these key points in mind,” says Larry Shumbres, CEO Totum Risk. “The streamlined integration between Totum Risk and Schwab Advisor Center offers advisors a risk tolerance tool that stands out from every other risk assessment product on the market by not only looking at an investor’s current life situation, but also providing the tools for the advisor to follow up annually, adding a much needed personal touch-point, exceptional customer service, and groundbreaking accuracy. I am confident that advisors will immediately see the benefit of using our product compared to traditional risk tolerance tools.”

The addition of Totum Risk’s single sign on integration with the Schwab Advisor Center platform makes it even easier for advisors to work between the two applications. For a demo of how Totum Risk’s questionnaire can benefit your business, visit www.totumrisk.com or email [email protected].

About Totum Risk

Totum Risk provides a defensible multi-scoring risk tolerance toolkit that enables financial advisors, insurance agents, and plan sponsors to create a more accurate investment strategy. Financial services organizations of all sizes utilize Totum’s proprietary risk scoring models to calculate portfolio risk based on an investor’s current life situation and not just their risk preferences. Founded in 2015, Totum Risk is headquartered in Atlanta, Georgia with offices in Los Angeles, California.  For more information, visit www.totumrisk.com.

SOURCE Totum Risk

Related Links

https://www.totumrisk.com/contact-us/

Share This Story, Choose Your Platform!

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest

This blog is sponsored by TIFIN Grow LLC. The information and data are as of the publish date unless otherwise noted and subject to change. This material is provided for informational purposes only and should not be construed as individualized investment advice or an offer or solicitation to buy or sell securities tailored to your needs. This information covers investment and market activity, industry or sector trends, or other broad-based economic or market conditions and should not be construed as investment research or advice. Investors are urged to consult with their financial advisor before buying or selling any securities. Although certain information has been obtained from sources believed to be reliable, we do not guarantee its accuracy, completeness or fairness. Past performance is no guarantee of future results. This content may not be reproduced or distributed to any person in whole or in part without the prior written consent of TIFIN Grow LLC. As a technology company, TIFIN Grow LLC provides access to tools and will be compensated for providing such access. TIFIN Grow LLC does not provide broker-dealer, custodial or other related investment services. TIFIN Grow LLC receives compensation for all search results marked “sponsored.”

By clicking on the link on this page (or filling out this form) you agree to receive communications from TIFIN Grow LLC, its parent company or its affiliates. You may opt out at any time. For more information, please refer to the Privacy Policy of the respective company or affiliate.