Risk management, in the words of Sarah Ference, CPA, doesn’t have to be overly complicated or time consuming. “It’s really a mindset,” said Ference, an author of the JofA‘s Professional Liability ...

Some RIA firms that assemble their RIA tech stack may also choose to add something relatively new – risk analytics software – as part of their practice. As it helps assess and manage industry-specific ...

Risk assessments only work if they help advisors understand their clients’ true appetite for risk and then match them to appropriate investments. But with an unreliable risk profiler, you might be ...

Pop quiz: What’s the difference between risk tolerance and risk profile? Risk tolerance and risk profile are often used synonymously yet are distinct constructs when determining suitable risk levels ...

Words rarely match actions when portfolios suddenly plummet. Theoretical comfort with volatility evaporates quickly once percentage drops transform into dollar figures. One of the thorniest challenges ...

In bull markets, conversations about risk tend to take a backseat. When portfolios are climbing, it’s easy for clients to assume everything is fine. But recent volatility reminds us that risk ...

The requirement that a financial advisor must “Know Your Client”, including his/her tolerance for taking risks, is a universal requirement amongst investment regulators around the world. Yet a recent ...

What is an investment company? It sounds like an obvious question, but the answer does elicit different responses. I would define an investment company as a firm that matches investors to various ...

Learn how financial advisors can manage client expectations, mitigate frustrations, and build trust through education, communication, and realistic goal setting.

There’s no such thing as a standard financial plan anymore. For today’s advisors, personalization isn’t a differentiator, it’s the baseline. According to Kelsey Plummer, partner and financial advisor ...

Clearing brokers that funnel customer trades to derivatives clearing houses have made a habit of falling short of expectations in times of market stress. When futures volumes spiked during the ...

As the U.S. population ages, the risk of cognitive decline among clients is emerging as one of the most urgent—and underestimated—threats to wealth management firms, financial advisors and employers ...