I sat down with Aaron Klein, CEO of Riskalyze at the T3 Conference in Califonia last week to talk about how his firm is taking client risk profiling to a whole new level.
Riskalyze automatically analyses a client’s portfolio and identifies if the portfolio is in line with their risk tolerance. In just a few clicks, advisers can stress test portfolios for a variety of market scenarios and calculate a client’s probability of meeting their goals.
It’s Asset Sync functionality pulls in data on client accounts held with thousands of institutions (custodians, banks, workplace retirement plans etc). This gives an advisers a holistic view of a client’s overall wealth and how this might impact the risk in their portfolio!
I bet every UK adviser wants one of these? So, I asked him if we’ll see Riskalyze in the UK anytime soon!
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