Risk Profiling and Tolerance: Insights for the Private Wealth Manager
Download or Read eBook Risk Profiling and Tolerance: Insights for the Private Wealth Manager PDF written by Joachim Klement and published by CFA Institute Research Foundation. This book was released on 2018-05-01 with total page 150 pages. Available in PDF, EPUB and Kindle.
| Author | : Joachim Klement |
| Publisher | : CFA Institute Research Foundation |
| Total Pages | : 150 |
| Release | : 2018-05-01 |
| ISBN-10 | : 9781944960476 |
| ISBN-13 | : 1944960473 |
| Rating | : 4/5 (76 Downloads) |
Book Synopsis Risk Profiling and Tolerance: Insights for the Private Wealth Manager by : Joachim Klement
Book excerpt: If risk aversion and willingness to take on risk are driven by emotions and we as humans are bad at correctly identifying them, the finance profession has a serious challenge at hand—how to reliably identify the individual risk profile of a retail investor or high-net-worth individual. In this series of CFA Institute Research Foundation briefs, we have asked academics and practitioners to summarize the current state of knowledge about risk profiling in different key areas.
