Understanding your clients’ social preferences is pivotal to retaining and capturing their walletshare over the next decades.
All decisions in life, large and small, financial and non-financial, are governed by three key tradeoffs: Risk vs. Return, Today vs. Tomorrow, and Self vs. Others.
Protect Vulnerable Clients From Bad Decisions And Your Firm From Regulatory Risk.
The next generation of client profiling tools is built on breakthrough research that empowers advisors to understand clients through their decisions, not just their words.
Risk tolerance questionnaires and dialogue offer an incomplete picture of a client’s risk preferences, resulting in advice that may be unsuitable for clients.