After hundreds of hours of design, development, advisor input and usability testing, we’re excited to announce the launch of the next-generation Riskalyze risk questionnaire.
There are three big innovations in the next-generation Risk Questionnaire.
Two Versions of the Questionnaire. You’ve seen our existing quantitative approach, built on Nobel Prize-winning science, that captures a detailed Risk Fingerprint for each client. Now advisors can choose a simplified version for clients who might be elderly or have simpler needs. And it’s just as easy as ever to engineer portfolio risk to fit those clients.
RQ, Phone Home. Now your clients can answer the Risk Questionnaire with a few taps on their iPhone, Nexus 5, Samsung Galaxy, Moto X or other Android device. It’s a beautiful design, and if they get stuck, they can email or call your office with a single tap. (Of course, the Risk Questionnaire has always worked on iPad or Android tablets.)
Using Risk to Generate Leads. With a simple link or a few lines of code, you can embed the Risk Questionnaire into your own web site, creating a new way for prospective clients to engage with your firm, send you their risk tolerance, and ask for a portfolio analysis to see if they’re on the right track. With a few clicks, your web site transforms from a brochure into an active tool that generates new business.
The new Risk Questionnaire is live for all Riskalyze customers as of today. The Lead Generation version will be activated for customers over the course of the next week.
To join a guided tour and see Riskalyze in action, just click here to RSVP.
We’re excited to announce yet another new partner. It’s not every day that two companies in the same city get the chance to make history together. We’re proud to be working with Pathway, which was founded by the co-CEOs of the iconic Hanson McClain Advisors.
SACRAMENTO — Two Sacramento-area firms, Pathway Strategic Advisors and Riskalyze, today announced they have formed a strategic partnership intended to revolutionize the way retirement plans are invested. Pathway is rolling out Riskalyze Pro as the business development, proposal and risk management system for all of Pathway’s retail channel advisors.
Pathway was founded by Scott Hanson and Pat McClain, co-CEOs and founders of the Sacramento-based investment advisory firm Hanson McClain Advisors, known for innovative practice management and investment solutions. Pathway was created to help participants with 401(k), 403(b) and 457 retirement accounts maximize the money in their employer-sponsored defined contribution plans.
Riskalyze’s patented Risk Number™ technology will assess the risk tolerance of each Pathway client, allowing solicitor advisors to more precisely align those clients with their closest Pathway model portfolio. Riskalyze will also help Pathway advisors to better demonstrate the relative risk between clients’ existing 401(k) allocations and the benefits that the Pathway approach can bring to their investments.
"Riskalyze is yet another example of how Pathway is committed to combining high quality investments with the latest technology to deliver a sustainable advantage to our clients and advisor network," said Scott Hanson. "It’s long past time that 401(k) investors had the same level of access to professional investment advice as do general market investors, and Pathway is committed to helping them receive that level of guidance."
"Scott Hanson and Pat McClain are well known both locally and nationally," said Riskalyze CEO Aaron Klein, adding, "We’re proud to partner with such an innovative team, working through both the retail and advisory channels to strengthen this country’s retirement future."
Riskalyze is the company that invented the Risk Number™, the first-ever quantitative system for identifying client risk tolerance, aligning portfolios to client expectations, and quantifying the suitability of investments. Riskalyze works with RIAs, hybrid advisors, independent broker-dealers, RIA networks, custodians, clearing firms and asset managers to better align investments with the tolerances and expectations of individual investors.
We were pleased to jointly issue this press release with yet another great firm that we’re excited to be partnered with. Felipe and his team at CONCERT are some of the best in our industry.
SAN JOSE, CALIFORNIA and SACRAMENTO, CALIFORNIA — CONCERT Advisor Services, one of the industry’s fast-growing advisor services platforms, and Riskalyze, the company that invented the quantitative Risk Number™, today announced a new partnership to bring the benefits of Riskalyze technology to CONCERT advisors.
Riskalyze was founded in 2011, and its patented Risk Number technology allows advisors to quantitatively capture a client’s risk tolerance, align client portfolios with their expectations, and scientifically quantify the suitability of investments for clients.
CONCERT is an innovative firm that combines an advisory network with a unique advisory services and technology platform. With drag-and-drop portfolio integration between Riskalyze and the custodial platform used by CONCERT advisors, the firm’s advisors can instantly realign portfolios to fit individual client needs.
"The opportunity to work with CONCERT is an exciting one," said Riskalyze CEO Aaron Klein. "Felipe and his team are building the next generation platform for advisors, and we’re excited they saw Riskalyze as a key piece of their puzzle."
Riskalyze technology will also help CONCERT advisors to grow AUM, by helping to turn a prospect’s existing statement into the best sales tool advisors have ever seen. Because clients play a role in generating their own Risk Number, the ability for advisors to illustrate relative risk between portfolios is a powerful tool for bringing on new business.
"Riskalyze is yet another example of how we’re equipping our advisors to be leaders in the industry," said Felipe Luna, CEO of CONCERT. "From our CRM platform, to the back office and compliance support, to our entire network of advisors, we’re built for growth and helping advisors achieve great results for their clients."
Advisors can join a guided tour of Riskalyze at Riskalyze.com, or call toll free at 1-855-2-RISKALYZE. Advisors interested in joining the CONCERT family can visit CONCERTAdvisorServices.com.
Today, we were pleased to issue this joint press release with one of our key independent broker-dealer partners, NEXT Financial in Houston.
HOUSTON—Independent broker-dealer NEXT Financial Group Inc. (NEXT), has partnered with Riskalyze to bring the benefits of advanced risk analysis to the firm’s more than 800 financial representatives.
Riskalyze, a technology company specializing in risk calculation analytics for financial advisors, was founded in 2011. The company’s patented Risk Number™ technology allows advisors to quantitatively capture a customer’s risk tolerance, align portfolios with their expectations and scientifically quantify the suitability of investments for customer tolerance.
"Our partnership with Riskalyze is yet another example of how we’re equipping our representatives to be leaders in the industry," said Barry Knight, president of NEXT. "Everything we do at NEXT empowers our advisors to be more effective at delivering the advice their customers need."
NEXT is one of the first major independent broker-dealer partners working with Riskalyze to equip their advisor network with this ground-breaking technology. With drag-and-drop portfolio integration between Riskalyze and NEXT’s custodial platform, the firm’s advisors can instantly realign portfolios to fit individual customer needs.
"We’re incredibly excited about the opportunity to work with the team at NEXT Financial," said Riskalyze CEO, Aaron Klein. "Their vision for the industry, for their advisors, and above all else, for their commitment to client service is refreshing and inspiring."
Riskalyze is the company that invented the Risk Number™, the first-ever quantitative way to capture client risk tolerance, align portfolios to client expectations, and quantify the suitability of investments. Riskalyze works with RIAs, hybrid advisors, independent broker-dealers, RIA networks, custodians, clearing firms and asset managers to align the world’s investments with investor risk tolerance.
NEXT Financial Group Inc., Member FINRA/SIPC, is a broker-dealer based in Houston, Texas, serving the needs of financial services representatives throughout the country. The company prides itself in helping business owners enjoy success and financial independence. The company was founded in 1999, and is currently led by President Barry Knight. More information about the company can be found online at www.nextfinancial.com. Securities and investment advisory services provided by NEXT Financial Group Inc. Member FINRA/SIPC. NEXT is located at 2500 Wilcrest Drive, Suite 620, Houston, Texas 77042, 1-877-876-6398.
Riskalyze is a company that started with investment advisors as some of our earliest backers and supporters. One of those wealth managers, Michael McDaniel, was particularly instrumental in our growth and development, helping to architect key decisions at the core of the product, and serving as a Senior Advisor to the company.
Today, we’re excited to announce that Mike has joined Riskalyze as Chief Investment Officer and a member of our executive leadership team. In that role, he will oversee all of the product decisions that are affected by investment philosophy, all market-driven communications and product direction, and our innovative Advisor Success program that has been such an asset to so many advisors.
In addition to his role as our CIO, Mike continues as a practicing advisor, managing the assets of high net worth clients at McDaniel Wealth Management. The firm recently completed its transition from the brokerage/hybrid model, and is now a fee-only registered investment advisory firm.
With his focus as a risk manager, Mike was able to help his clients navigate the dot com crash and the 2009 financial crisis, and still managed to grow his assets under management. Between his own practice and supervisorial work as an OSJ, he has managed or supervised over $200 million in assets.
Besides turning advisors into risk managers, Mike’s passions are his wife, his two girls and fishing. We’re incredibly excited to have him aboard in a more defined and active role at Riskalyze.