Over the past year, we have taken the feedback from advisers and worked with our consultancy group, asset allocation experts, adviser product and compliance teams to update our Risk Tolerance Questionnaire. In the latest update to Morningstar Adviser Workstation, this questionnaire is now available, with changes including:
- Plain English Campaign Crystal Mark
- Documentation of investment goal
- Quick tips to help investors
- More details around timeframes and how long a client needs access to funds
- Increase in size of investments shown in illustrations
- Risk profile description graphics are more clearly examples and include Max Loss details
The new questionnaire can be found in both the Client Management and Investment Planning modules, while methodology can be accessed in the Training Essentials page
