The Investment > Risk > Score & Assessments tab of each client plan allows you to set the household risk score for a given client, and assign that client a risk assessment questionnaire to complete.
This tab is broken out into two segments: Risk Score, and Risk Assessments.
Risk Score
This is where you can manually set the Household Risk Score for that client. This score is meant to represent that client's tolerance for risk on a scale from 1 to 100.
To set the household risk score, click the blue 'Set Risk Score' button on the right side of the page:
The risk score can be selected either by using the slider, or by manually typing a number into the text box. All model portfolios within +-10 points of your chosen risk score will be displayed beneath the slider.
Note about Risk Classification
If Risk Categories are enabled, the client's risk classification will also be displayed beneath the slider.
Risk Assessments
This is where you can assign clients risk questionnaires, view the client's progress, and find the results of completed questionnaires.
To assign a new questionnaire, click the blue 'Add Assessment' button on the right side of the page:
Every RightCapital account will already have a 'Default Risk Assessment' questionnaire that is available for use. Custom questionnaires can be added in the Advisor Portal > Risk > Questionnaires tab.
After selecting the questionnaire and the client, click the blue 'Save' button in the lower right of the drawer to finish assigning the questionnaire to that client. If the client has been invited to have access to their plan, they will be asked to complete this questionnaire via a notification screen the next time they sign in:
Alternatively, click the 'Start' button instead to begin the questionnaire right away. This option can be utilized if the client is present with you in person (or virtually, via screen share):
Incomplete questionnaires can be saved and resumed at any time within the Risk Assessment section of the Score & Assessment tab:
After a risk assessment has been completed by a client, the assessment's score will be visible in the 'Score' column, along with the date it was completed:
Curious about Risk Questionnaires?
Feel free to take a look at our other resources, which provide deeper dives on:
