RiskPACK: How to Evaluate Risk Tolerance

Cordell, David M.
June 2001
Journal of Financial Planning;Jun2001, Vol. 14 Issue 6, p36
Academic Journal
Discusses the different components of the RiskPACK framework for risk tolerance assessment by financial planners. Importance of risk tolerance assessments in making investment recommendations; Variables associated with increasing risk tolerance; Assessment of the risk attitude of a client; Factors to consider in evaluating the risk capacity of a client; Significance of risk knowledge by the client; Influences among the components; Implications for risk tolerance assessments.


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