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How to Determine Your Client’s Risk Tolerance

BlueMind

Category: Clients Risk. Determining the client’s risk tolerance is not an exact science and requires you to communicate with your client. What Does The Word “Risk” Mean For Your Clients? For some clients, “risk” maybe something exciting or daring that they enjoy and not something they generally avert from.

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The Latest In Financial #AdvisorTech (June 2024)

Nerd's Eye View

This month's edition kicks off with the news that 'startup' custodian Altruist has completed a $169 million fundraising round as it continues to rebuild the RIA custodial tech stack layer-by-layer while positioning itself as the biggest RIA custodian built from scratch and solely for advisors – which, while making it the clear #3 custodian behind (..)

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How to Determine Your Investment Risk Tolerance Level

WiserAdvisor

Investment and risk are two closely related concepts. Risk refers to the potential for loss or negative returns when you invest your money in a market-linked security. There are different types of risks, including market, credit, inflation, and liquidity risk, among others. What is risk tolerance?

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Stocks vs. Bonds: Historical Returns, Risk, and the Case for Both

Darrow Wealth Management

The choice between stocks and bonds depends on their individual circumstances, such as risk tolerance, time horizon, and financial goals. While an investor’s timeline affects their risk tolerance and allocation decisions between stocks and bonds, it’s important to remember how long a retirement time horizon can truly be.

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3 ways to close the sale

Million Dollar Round Table (MDRT)

Your firm likely has a multiple-step process that starts with gathering data, identifying the client’s risk tolerance, preparing and delivering a financial plan, and presenting your proposal. Agents and advisors are tempted to go after the low-hanging fruit of the easy order. So, use trial closes like, “Does this make sense to you?”

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Portfolio Income And How To Earn It

Clever Girl Finance

Below is a brief overview of the other two types of income for your reference: Earned income is the money you earn from working (exchanging time for money), such as wages from a job or income from your small business. At the same time, you lower your exposure to the risks of each. Risk tolerance is simply a preference.

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5 Key Components to the Retirement Bucket Strategy

Integrity Financial Planning

The Risk Bucket. The retirement bucket strategy refers to the idea that your retirement savings can be separated into three buckets, one of them being the Risk Bucket. The Safe Bucket often refers to assets that may not have a great upside but don’t have as much of a downside. The Safe Bucket. The Spend Bucket.