During the account opening process, we offer your clients an opportunity to complete a risk tolerance questionnaire. This questionnaire, built by our trading partner CLS, can be previewed here. It is scored on a scale of 0 - 100, with 0 being most conservative and 100 most aggressive. The score entered corresponds with the equity allocation of the model.
We have received a number of questions about this questionnaire and wanted to put this article together to address them.
First, is this questionnaire available for clients to take outside of the account opening process? You are able to email your clients a link to CLS' online version of the questionnaire. The link you'd send is here - https://www.clsinvest.com/rb-calculator/. This online version of the questionnaire will not notify you of the score, your client will have to note what score is given and send it to you.
Second, can your clients take a paper version of the questionnaire? Yes, they can! A PDF version is attached below. If you choose to have them fill this out, you can score it simply by taking the questionnaire in the account opening process with the same answers they gave, producing their score.
Lastly, if you use an outside risk tolerance service like Riskalyze or FinaMetrica, can you pull those scores into Orion automatically? Orion does integrate with Riskalyze but not with FinaMetrica. To explore setting the Riskalyze integration up, please contact firstname.lastname@example.org.
We hope you find this helpful. Please let us know if you have any questions at email@example.com or (360) 301-7579.