For too long, financial advisors have been making asset allocation decisions for their clients according to a “risk score,” a figure developed around client questionnaires to determine how much risk ...

Wealth managers often rely on risk scores to determine clients' asset allocations — a system that some researchers say is broken. Of all the numbers involved in financial planning, only one has the ...

Risk tolerance reflects your comfort with investment volatility. Factors like age, goals, and financial needs influence risk tolerance. Long-term goals may permit higher risk, while immediate needs ...