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Podcasts from Ellen, Davey, Iverson and Montoya - Listen Now!

Take a few minutes out of your busy day to feed your brain with insights and information from some of the industry’s leading lights.

Marie Swift has been busy interviewing the following thought leaders. Their podcasts and commentary are available here on her “Best Practices” blog.

Listen to:

Brett Ellen, CFP® (mega-producer) talk about building a multi-million dollar financial advisory practice

Geoff Davey (FinaMetrica) on risk tolerance, psychometrics and the bear market

Matt Iverson (BoulevardR) on automating your marketing process and building your reputation online

Peter Montoya (relationship marketing expert) on the best way to attract and retain ideal clients

Feel free to look around - there's much much more here on Marie Swift's "Best Practices in the Financial Services Industry" blog!

Risk Tolerance, Psychometrics and You

Geoff Davey, founder of FinaMetrica (www.riskprofiling.com), talks with me about the differences between risk tolerance, risk assessment and risk capacity. He talks about "psychometrics" and how to get a true measure for the clients' risk tolerance.

Davey's firm is also doing some interesting research. They are surveying investors to find out if their risk tolerance has changed due to the economic downturn and market turbulence. The people they are contacting had worked with an advisor who in the past had used the Finametrica Risk Profiling system. They are asking them to use the same Finametrica Risk Profiling system again to see if their risk tolerance has indeed changed. Stay tuned to this blog and I will post a summary of their research findings as soon as they become available.

For now, do listen to this very interesting and insightful interview:

Impact Communications’ Marie Swift interviews FinaMetrica cofounder, Geoff Davey, about the FinaMetrica system, psychometric testing, the four aspects of risk, marketing opportunities and current research (23 mins.)