The FinaMetrica Risk Profiling system is a scientifically validated tool for assessing your clients' personal financial risk tolerance.
The 25-question, web-based risk questionnaire can be completed on-line or in hard copy, in around 15 minutes. The risk profile report provides an information rich, qualitative and quantitative, assessment of financial risk tolerance. Both questionnaire and report are in plain English.
Clients react positively to the FinaMetrica experience, reporting that it improves their understanding of financial risk and themselves in relation to financial risk. They appreciate that their adviser out-sources this critical task to an independent, expert third-party.
Advisers report a range of benefits. FinaMetrica provides a point-of-difference in marketing and in-depth insights that build client relationships, particularly with couples. Quality of advice is improved through making risk tolerance explicit and understandable which leads to greater client commitment and happier clients. Referrals are stronger. Enhanced regulatory and Common Law compliance improves business-risk management.
FinaMetrica is being used by leading advisers not only in Australia but around the world, including the US and the UK. To date more than 200,000 FinaMetrica Risk Profiles have been completed.