Risk Tolerance "*" indicates required fields Date* MM slash DD slash YYYY Household* Single Couple Client 1 Name* First Last Client 2 Name* First Last Goals and Liquidity Needs1. Client 1: Which of the following best describes your investment objective for this portfolio?* Aggressive growth: taking considerable risk to maximize returns Moderate growth: taking a balanced approach between risk and return Conservative growth: emphasizing preservation of capital and limiting risk Safety and income: you are not comfortable taking significant investment risk 1. Client 2: Which of the following best describes your investment objective for this portfolio?* Aggressive growth: taking considerable risk to maximize returns Moderate growth: taking a balanced approach between risk and return Conservative growth: emphasizing preservation of capital and limiting risk Safety and income: you are not comfortable taking significant investment risk 2. The amount of cash to keep on hand in this portfolio for near-term expenses is:*3. Client 1: You are currently:* Withdrawing more than 3% of the portfolio value each year Withdrawing less than 3% of the portfolio value each year Adding up to 2% to the portfolio each year in the form of net savings Adding over 2% to the portfolio each year in the form of net savings 3. Client 2: You are currently:* Withdrawing more than 3% of the portfolio value each year Withdrawing less than 3% of the portfolio value each year Adding up to 2% to the portfolio each year in the form of net savings Adding over 2% to the portfolio each year in the form of net savings 4. Describe any expected changes to this pattern or other additions or withdrawals from your portfolio:5. Client 1: How long until you might cumulatively withdraw an amount equal to 20% of your portfolio value?* Less than two years 2 to 5 years 5 to 10 years Over 10 years 5. Client 2: How long until you might cumulatively withdraw an amount equal to 20% of your portfolio value?* Less than two years 2 to 5 years 5 to 10 years Over 10 years 6. Client 1: What portion of your assets would you be willing to place in potentially illiquid investments with the goal of improving the expected risk and return characteristics of your portfolio? 0-5% 5-10% 11-20% Over 20% 6. Client 2: What portion of your assets would you be willing to place in potentially illiquid investments with the goal of improving the expected risk and return characteristics of your portfolio?* 0-5% 5-10% 11-20% Over 20% Risk Profile7. Client 1: Please describe your level of experience with investing in stocks or in mutual funds:* Very inexperienced Somewhat inexperienced Somewhat experienced Experienced Very experienced 7. Client 2: Please describe your level of experience with investing in stocks or in mutual funds:* Very inexperienced Somewhat inexperienced Somewhat experienced Experienced Very experienced 8. Client 1: How did you react to the market decline in 2008 or during the height of the COVID decline?* Sold more than 15% of my stock market related holdings Sold 15% or less of my stock market holdings Maintained my exposure to the stock market Increased my exposure to the stock market 8. Client 2: How did you react to the market decline in 2008 or during the height of the COVID decline?* Sold more than 15% of my stock market related holdings Sold 15% or less of my stock market holdings Maintained my exposure to the stock market Increased my exposure to the stock market 9. Client 1: On a scale of 1 (low risk, low return) to 10 (high risk, high return) where you place yourself?* 1 - Low risk/low return 2 3 4 5- Moderate risk/moderate Return 6 7 8 9 10 - High risk/high return 9. Client 2: On a scale of 1 (low risk, low return) to 10 (high risk, high return) where you place yourself?* 1 - Low risk/low return 2 3 4 5 - Moderate risk/moderate Return 6 7 8 9 10 - High risk/high return 10. Client 1: What would upset or concern you more?* Owning stock when the market falls (incurring losses) Holding cash when the market rises (missing opportunity) Equally concerned about each 10. Client 2: What would upset or concern you more?* Owning stock when the market falls (incurring losses) Holding cash when the market rises (missing opportunity) Equally concerned about each 11. Client 1: Approximately what portion of your portfolio do you wish to have in more stable investments that have little fluctuation in value but provide lower expected returns?* 0%-20% 21%-40% 41%-60% 61%-80% 81%-100% 11. Client 2: Approximately what portion of your portfolio do you wish to have in more stable investments that have little fluctuation in value but provide lower expected returns?* 0%-20% 21%-40% 41%-60% 61%-80% 81%-100% 12. Client 1: The amount of volatility which you can tolerate in your portfolio is:* Low: you are willing to accept only a low level of fluctuation in portfolio value Moderate: you can accept a moderate amount of fluctuation in portfolio value Fairly high: you are only mildly concerned with fluctuation in portfolio value High: you are unconcerned with fluctuation in the value of your portfolio 12. Client2: The amount of volatility which you can tolerate in your portfolio is:* Low: you are willing to accept only a low level of fluctuation in portfolio value Moderate: you can accept a moderate amount of fluctuation in portfolio value Fairly high: you are only mildly concerned with fluctuation in portfolio value High: you are unconcerned with fluctuation in the value of your portfolio 13. Client 1: Below is a list of portfolios with hypothetical ranges for maximum gain and loss in any one year. Indicate which hypothetical portfolio most closely reflects your preferences:* Maximum gain of 12%, maximum loss of 10%. Annual return of 3.5% Maximum gain of 20%, maximum loss of 15%. Annual return of 5.0% Maximum gain of 30%, maximum loss of 22%. Annual return of 6.0% Maximum gain of 40%, maximum loss of 30%. Annual return of 7.0% Maximum gain of 50%, maximum loss of 40%. Annual return of 8.5% 13. Client 2: Below is a list of portfolios with hypothetical ranges for maximum gain and loss in any one year. Indicate which hypothetical portfolio most closely reflects your preferences:* Maximum gain of 12%, maximum loss of 10%. Annual return of 3.5% Maximum gain of 20%, maximum loss of 15%. Annual return of 5.0% Maximum gain of 30%, maximum loss of 22%. Annual return of 6.0% Maximum gain of 40%, maximum loss of 30%. Annual return of 7.0% Maximum gain of 50%, maximum loss of 40%. Annual return of 8.5% 14. Client 1: How confident are you that you are financially secure?* Not at all confident Unsure Moderately confident Confident 14. Client 2: How confident are you that you are financially secure?* Not at all confident Unsure Moderately confident Confident Client 1 ScoreClient 2 ScoreCommentsThis field is for validation purposes and should be left unchanged.
