Risk tolerance technology designed for fiduciaries, Tolerisk accelerates practice growth and reduces compliance risk by making the complex easy for advisors to explain and for clients to understand.
Tolerisk is the ultimate risk tolerance solution for fiduciaries. We go beyond the one-dimensional approach of assessing risk tolerance and bring you a holistic perspective by combining your client's willingness and ability to take risk. With Tolerisk, you can help clients make informed decisions and tailor investment strategies that align with your client's unique risk profile.
Tolerisk allows you to craft customized portfolios and allocation models, delivering tailored investment recommendations properly aligned with your client's risk level. But that's not all – our seamless integration with partner platforms and robust API functionality allows you to effortlessly import and export portfolio-level data across your preferred planning tools. With Tolerisk, you have the flexibility to optimize your client's investments while streamlining your workflow with ease.
Tolerisk calculates your client's probability of running out of money and offers insightful visualizations to monitor their retirement journey. With Tolerisk, you can confidently plan your client's retirement consistent with their goals. Plus, our platform extends its versatility by enabling you to serve 401(k) plan participants in scale, cost effectively.
Tolerisk serves as the ultimate sales tool. Capture new leads and captivate your prospects by offering them a condensed version of our comprehensive risk assessment. Accelerate your practice growth as you effortlessly engage and convert leads.
Willingness vs. Ability to Take Risk
Traditional risk assessments focus mainly on personality and assess only the investor's willingness to accept risks.
Typical risk assessment tools often fail to validate client assumptions, potentially leading to advisors offering unrealistic advice about risk.
Key Drivers & Evolution
Clients often lack insight into the factors impacting their risk tolerance and its evolution over time.
Clients struggle to understand broad risk descriptions or numerical outputs from proprietary scales, impacting their confidence in decisions.
Many risk assessments yield categorical outputs, making shifts between categories risky.
Every financial advisor has some type of Risk Tolerance Assessment process. The vast majority are too rudimentary, and merely designed to satisfy the most basic level of compliance. Shoring up your risk assessment process is critical for maintaining strong client relationships and fulfilling your fiduciary obligations.
Designed for Advisors, CFPs, CFA Charterholders, Broker Dealers and Investment Advisors