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Month: August 2021

Totum by TIFIN

Take the Full Measure of Your Client’s Investment Risk – Featured on AdvisorHub

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Financial advisors often don’t gain a complete picture of client risk. By using a fact-based approach to look at risk capacity, advisors can address that problem.   As a financial advisor, assessing your clients’ tolerance to take on portfolio risk is a critical step in creating a suitable asset allocation and financial plan for them.  Traditionally, …

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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

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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!)

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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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If You’re Only Looking at Traditional Risk Tolerance, You’re Missing More Than Half of the Equation

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At Totum, we’ve introduced a better way to quantify risk.  The usual risk tolerance questionnaire for advisor includes questions about how your client feels about money and investing. This score has traditionally been the predominant, if not the sole, factor in creating a portfolio for clients.  This risk tolerance methodology was a great first step …

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Totum Risk Preference

Why Traditional Risk Tolerance Questionnaires Lead to Inaccurate Risk Appetite

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As an advisor, you have probably been relying on financial risk tolerance questionnaires to assess a client’s risk preference. Then, depending on the client’s answers, you gear the portfolio to a more or less aggressive approach.  The problem with this method is that the questions weigh heavily on how a client generally feels about investing …

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Totum is now an approved vendor of Advisor Group

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We are excited to partner with Advisor Group as an approved risk profiling vendor to its network of firms including FSC Securities Corporation, Royal Alliance, SagePoint Financial, Securities America, Triad Advisors, and Woodbury Financial. Advisors within Advisor Group can now access our unique, fact-based risk tolerance platform to better understand their clients.  Schedule a demo to …

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