What's your risk profile?
Check out this useful online risk profile tool from Finametrica which provides practical help you discover what your appetite for financial risk is really like.
As part of Financial Planning Week, you get the chance to find out more about yourself and how you really think about risk. How does your risk profile compare to others? How does it compare to that of your partner? The IFP is pleased to provide the opportunity to do your own free FinaMetrica risk profile via the link below. This risk profiling system is based on a scientific test of your personal financial risk tolerance. It is used by leading financial planners around the world as the starting point for conversations with their clients about risk. The profile was developed by Finametrica in conjunction with the Applied Psychology Unit at the University of New South Wales, the system has been used in the UK since 2004. More than 450,000 FinaMetrica risk profiles have been completed.
Before you start the profile, you’ll have the opportunity to take part in an optional survey about Financial Planning sponsored by the Institute of Financial Planning and Manchester Metropolitan University. Please take part if you can.
*FinaMetrica is an independent, specialist organisation based in Sydney, Australia which has won international recognition for its expertise in matters relating to financial risk.
CFPCM, CERTIFIED FINANCIAL PLANNERCM and CFP logo are certification marks owned outside the U.S. by Financial Planning Standards Board Ltd. Institute of Financial Planning is the marks licensing authority for the CFP marks in the United Kingdom, through agreement with FPSB.