As part of our regular interactions with our clients, we have everyone take a Risk Tolerance Quiz. It is a short quiz that allows us to look at the appropriate mix of equity funds and income funds for each client. Once we have their assets invested in their proper mix, we then review. This is not a “set it and forget it” process. We know that the markets are changing every business day, this impacts on the balances in each account. Every quarter we look at how this mix has shifted due to market fluctuations, then rebalance the accounts. This allows us to stay compliant with our clients’ wishes and hopefully bank some gains for them.

Disclosures:http://www.hechteffect.net/?page_id=31