What Is Risk Assessment?
Andrew Stolz
AUGUST 9, 2020
Definition of Risk Assessment. Risk assessment is an evaluation method used to understand an investor’s risk rating, which helps them come up with a suitable investment strategy to achieve their financial goals. What Impacts Risk Assessment? Financial risk assessment evaluates where a client stands in regards to taking risks. This can be understood through three approaches, including the client’s attitude towards risk, the tolerance for risk, and the capacity for risk.
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