Company: Riskalyze
Category: Technology Providers - Risk Tolerance
Initiative: Riskalyze
Riskalyze’s tools let advisors harness clients’ natural risk aversion to help keep them from making some of the most common behavioral investing mistakes.
The firm’s Risk Alignment Platform, which helps advisors show clients whether their investments are appropriate for their risk tolerance. The platform is driven by Riskalyze’s Risk Number, which helps quantify how much risk a client can tolerate, how much risk they need to take to reach their goals and how much risk they already have in their portfolio.
In the past year, assets managed on the Riskalyze platform have grown from $55 billion to more than $139 billion.
About the Company
Despite all of our advances in technology, the world still invests the vast majority of its financial assets using a combination of gut instincts, hunches, emotionally driven decisions and “what we learned in college.”
As a result, when markets pull back, investors typically pull the plug—locking in horrible losses, sitting out the recovery and waiting until the market “feels safe” again to reinvest at the top, and repeat the cycle.
Riskalyze is transforming the advisory industry by empowering investment advisors to capture a quantitative measurement of client risk tolerance, and use that data to win new clients, capture and meet expectations and quantify suitability.
Our core technology is built on the academic framework that won the Nobel Prize for Economics in 2002.
For more information, please www.riskalyze.com
AARON KLEIN
CEO, Riskalyze