AdviserHangout: Paul Resnik on The Science of Risk Profiling

I recently connected with  Paul Resnik, Cofounder of Finametrica for the latest edition of AdviserHangout.

I asked Paul his assessment of risk profiling tools in the UK and whether he though much has changed since the FSA’s investigation two years ago identified that 9 out of 11  risk profiling tools had significant weaknesses which could lead to “flawed outputs.-(apart from the tools providers telling us they have updated their tools)

Paul talked about why risk tolerance is a deeply ingrained psychological trait and the process of linking test outcomes to specific asset allocation.

Here’s the audio of that interview below…

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Abraham Okusanya

Director

Abraham is the founder of FinalytiQ, a research consultancy for platforms, asset managers, and advisory firms. Recognised as one of the country’s leading experts in retirement income, platforms and investment propositions, Abraham has authored several papers on these subjects and delivered talks to the Personal Finance Society, The FCA and several conferences across the country.

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