Abstract
Because investment professionals' perspectives of risk often differ from those of their clients, managers must develop techniques to identify how their clients actually perceive risk. Using a well-designed questionnaire and meaningful discussions, managers can glean enough information about a client's circumstances and attitudes to come up with an appropriate investment action plan. In designing optimal portfolios, however, managers must not only understand clients' risk tolerance, they must be aware of clients' emotional stake in their portfolios.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
