Important Misconceptions About Risk Tolerance
Having a clearer understanding of how to assess risk tolerance and successfully incorporate the results into your planning process is critical to the quality of your client relationships. If you misread your clients' risk tolerance, your clients are in danger of being overexposed or underexpose...
Saved in:
Published in | The Planner Vol. 29; no. 4; p. 7 |
---|---|
Main Author | |
Format | Trade Publication Article |
Language | English |
Published |
New York
American Institute of Certified Public Accountants
01.07.2013
|
Subjects | |
Online Access | Get full text |
Cover
Loading…
Abstract | Having a clearer understanding of how to assess risk tolerance and successfully incorporate the results into your planning process is critical to the quality of your client relationships. If you misread your clients' risk tolerance, your clients are in danger of being overexposed or underexposed to risk. Overexposure can lead to a panicked sale in a downturn, while underexposure can result in missed opportunities. Subsequently, by getting it wrong, your practice may experience high rates of client attrition due to dissatisfaction. The most common misconceptions about risk tolerance include the following: 1. There is uncertainty about what risk tolerance actually is. 2. All risk tolerance questionnaires are the same. 3. Risk tolerance and risk capacity are the same. 4. Risk tolerance fluctuates with market volatility, |
---|---|
AbstractList | Having a clearer understanding of how to assess risk tolerance and successfully incorporate the results into your planning process is critical to the quality of your client relationships. If you misread your clients' risk tolerance, your clients are in danger of being overexposed or underexposed to risk. Overexposure can lead to a panicked sale in a downturn, while underexposure can result in missed opportunities. Subsequently, by getting it wrong, your practice may experience high rates of client attrition due to dissatisfaction. The most common misconceptions about risk tolerance include the following: 1. There is uncertainty about what risk tolerance actually is. 2. All risk tolerance questionnaires are the same. 3. Risk tolerance and risk capacity are the same. 4. Risk tolerance fluctuates with market volatility, |
Author | Nunnally, Tyler D |
Author_xml | – sequence: 1 givenname: Tyler surname: Nunnally middlename: D fullname: Nunnally, Tyler D |
BookMark | eNrjYmDJy89LZWHgNLCwNNU1NjU34GDgKi7OMjAwNDIzM-Rk0PXMLcgvKknMK1HwzSxOzs9LTi0oyczPK1ZwTMovLVEIyizOVgjJz0ktSgRK8TCwpiXmFKfyQmluBiU31xBnD92CovzC0tTikviiVJBxxfGGJsbmRqbmpqamxkQpAgA8dTKy |
ContentType | Trade Publication Article |
Copyright | Copyright American Institute of Certified Public Accountants Jul/Aug 2013 |
Copyright_xml | – notice: Copyright American Institute of Certified Public Accountants Jul/Aug 2013 |
DBID | 3V. 7X1 7XB 8A9 8AO 8FK 8G5 ABUWG AFKRA ANIOZ AZQEC BENPR BEZIV CCPQU DWQXO FRAZJ FRNLG GNUQQ GUQSH K60 K6~ L.- M2O MBDVC PADUT PQBIZ PQBZA PQEST PQQKQ PQUKI Q9U S0X |
DatabaseName | ProQuest Central (Corporate) Accounting & Tax Database ProQuest Central (purchase pre-March 2016) Accounting & Tax Database (Alumni Edition) ProQuest Pharma Collection ProQuest Central (Alumni) (purchase pre-March 2016) Research Library (Alumni Edition) ProQuest Central (Alumni) ProQuest Central Accounting, Tax & Banking Collection ProQuest Central Essentials ProQuest Central Business Premium Collection ProQuest One Community College ProQuest Central Korea Accounting, Tax & Banking Collection (Alumni) Business Premium Collection (Alumni) ProQuest Central Student Research Library Prep ProQuest Business Collection (Alumni Edition) ProQuest Business Collection ABI/INFORM Professional Advanced Research Library Research Library (Corporate) Research Library China One Business (ProQuest) ProQuest One Business (Alumni) ProQuest One Academic Eastern Edition (DO NOT USE) ProQuest One Academic ProQuest One Academic UKI Edition ProQuest Central Basic SIRS Editorial |
DatabaseTitle | ProQuest Business Collection (Alumni Edition) ProQuest One Business Research Library Prep ProQuest Central Student ProQuest Central Essentials SIRS Editorial ProQuest Central (Alumni Edition) ProQuest One Community College Research Library (Alumni Edition) Accounting & Tax ProQuest Pharma Collection ProQuest Central ABI/INFORM Professional Advanced ProQuest Central Korea Accounting, Tax & Banking Collection (Alumni) Accounting & Tax (Alumni Edition) ProQuest Research Library Research Library China Business Premium Collection ProQuest Central Basic ProQuest One Academic Eastern Edition ProQuest Business Collection Accounting, Tax & Banking Collection ProQuest One Academic UKI Edition ProQuest One Business (Alumni) ProQuest One Academic ProQuest Central (Alumni) Business Premium Collection (Alumni) |
DatabaseTitleList | ProQuest Business Collection (Alumni Edition) |
Database_xml | – sequence: 1 dbid: BENPR name: ProQuest Central url: https://www.proquest.com/central sourceTypes: Aggregation Database |
DeliveryMethod | fulltext_linktorsrc |
Discipline | Law |
ExternalDocumentID | 3083624641 |
Genre | Feature |
GeographicLocations | United States--US |
GeographicLocations_xml | – name: United States--US |
GroupedDBID | 123 29O 3V. 7X1 7XB 8A9 8AO 8FK 8FW 8G5 8R4 8R5 ABUWG AFKRA ALMA_UNASSIGNED_HOLDINGS ANIOZ AZQEC BENPR BEZIV BPHCQ CCPQU DWQXO FRNLG GNUQQ GUQSH K60 K6~ L.- M2O MBDVC PADUT PQBIZ PQBZA PQEST PQQKQ PQUKI PRG PROAC PZZ Q2X Q9U S0X |
ID | FETCH-proquest_reports_14372575553 |
IEDL.DBID | BENPR |
ISSN | 0895-3570 |
IngestDate | Fri Sep 20 05:00:59 EDT 2024 |
IsPeerReviewed | false |
IsScholarly | false |
Issue | 4 |
Language | English |
LinkModel | DirectLink |
MergedId | FETCHMERGED-proquest_reports_14372575553 |
PQID | 1437257555 |
PQPubID | 31364 |
ParticipantIDs | proquest_reports_1437257555 |
PublicationCentury | 2000 |
PublicationDate | 20130701 |
PublicationDateYYYYMMDD | 2013-07-01 |
PublicationDate_xml | – month: 07 year: 2013 text: 20130701 day: 01 |
PublicationDecade | 2010 |
PublicationPlace | New York |
PublicationPlace_xml | – name: New York |
PublicationTitle | The Planner |
PublicationYear | 2013 |
Publisher | American Institute of Certified Public Accountants |
Publisher_xml | – name: American Institute of Certified Public Accountants |
SSID | ssj0012661 |
Score | 2.8870802 |
Snippet | Having a clearer understanding of how to assess risk tolerance and successfully incorporate the results into your planning process is critical to the quality... |
SourceID | proquest |
SourceType | Aggregation Database |
StartPage | 7 |
SubjectTerms | Asset allocation Bear markets Behavior Emotions Financial planners Financial planning Investment policy Investments Perceptions Planning Portfolio management Questionnaires Risk aversion Stocks Volatility |
Title | Important Misconceptions About Risk Tolerance |
URI | https://www.proquest.com/docview/1437257555/abstract/ |
Volume | 29 |
hasFullText | 1 |
inHoldings | 1 |
isFullTextHit | |
isPrint | |
link | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwfV1LSwMxEB76uHizPrC2ShCvYdtds8meRKVlFVukVOitJLsjFLVVu-LfdybdVUHoOZCQZJhvZr55AJwjN33S2krjdCgJbxOZPFmU5IwoRQiEfd8kaTSO08eLu5ma1SCtamE4rbLSiV5R56uMY-RBnwkmsi2UCqzjKEBWBJdv75LnRzHPWg7TqEOTQCwiWW9eD8YPkx9GgYHIW5SJkpHSvX-61wPKcBfaBBI5ij9RM3G1-cQW1HC5B_V7-7UP8vbVG8jLQowW62xTY8iSIpivKcRksX4W09UL8nwMPICz4WB6k8rqzHlJCcx_7xUdQoNcfjwCoVwcZz1jdaxD8iicyZEsq9xwzRQqk7Whs2Wj462rHdgJ_UgHTjntQqP4-MQTAtbCnZZv9g3k5H7B |
link.rule.ids | 313,786,790,797,21536,33782,43840 |
linkProvider | ProQuest |
linkToHtml | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwfV1LS8NAEB5setCbT6z1sYjXxTbpZjcnUWlJNQlSIvQW8hihqK2aiH_fne1WBaHnhV32wXwz883OB3CB1PRJypyrQrpc423Ag6ccuQ5GhNAIhH3TJClO_PBxcDcVU5twq21Z5comGkNdLUrKkV_2iWDSvoUQV2_vnFSjiF21EhotaA88Hao40L4ZJg-THx6B4Mf4kYHgnpC9fxbXwMhoGzoaGipkf3Jl7Hp5dTuwgfNdaEX51x7w8atxi-cNi2d1ufxZSO-DEUvTsMmsfmbp4gVJFQP34Xw0TG9Dvlozs0RA9rsb7wAcHejjITBR-H7ZU7n0pavjiEJVqP2pStFPKRSq7EB3zURHa0fPYDNM4yiLxsl9F7ZcI-pARafH4DQfn3iiobUpTu35fQOqX33x |
openUrl | ctx_ver=Z39.88-2004&ctx_enc=info%3Aofi%2Fenc%3AUTF-8&rfr_id=info%3Asid%2Fsummon.serialssolutions.com&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=Important+Misconceptions+About+Risk+Tolerance&rft.jtitle=The+Planner&rft.au=Nunnally%2C+Tyler+D&rft.date=2013-07-01&rft.pub=American+Institute+of+Certified+Public+Accountants&rft.issn=0895-3570&rft.volume=29&rft.issue=4&rft.spage=7&rft.externalDocID=3083624641 |
thumbnail_l | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/lc.gif&issn=0895-3570&client=summon |
thumbnail_m | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/mc.gif&issn=0895-3570&client=summon |
thumbnail_s | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/sc.gif&issn=0895-3570&client=summon |