Time for Another Look at Client Risk Tolerance?

McCarthy, Ed.
February 2009
Journal of Financial Planning;Feb2009, Vol. 22 Issue 2, p18
Academic Journal
The article discusses steps that investment advisors can take in order to judge their clients' tolerance for investment risk. The opinions of a financial advisor regarding steps that should be taken in order to judge how much risk a client should take with their investments are presented, including knowing their client's financial responsibilities, knowing how much risk they need to take and knowing how much risk they are comfortable in taking. Difficulties that the author feels financial advisors have in determining the appropriate questions to ask their clients in order to judge their risk tolerance are discussed.


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