All Collections
Risk
Step 2 | Make a Recommendation
Make a Recommendation
Make a Recommendation

Recommend a model, create blended models, or enhance an existing portfolio

Updated over a week ago

After a client or prospect completes a risk assessment, the next step is to make a tailored recommendation based on their Risk Band.

Recommend a Model

To recommend a model, from the home screen:

  1. Select a Client > click Recommendations

  2. TIFIN Wealth will recommend a model from your Active Model List via the Portfolio Optimizer:

    1. Active Model List - Click Here to learn more

    2. Portfolio Optimizer - Click Here to Learn More

  3. To change the recommended model, click the Swap Icon or Create a Blended Model:

    1. Helpful Tip: turn on "filter models by client's Risk Band" to narrow down a recommendation.

  4. View more data & information via the various tabs:

Portfolio Optimizer

TIFIN Wealth utilizes an AI-powered investment algorithm to recommend the optimal model for you client: a model with the maximum expected forward return and within the client's Risk Band.

How does the Portfolio Optimizer work?

If the client's Risk Capacity score is greater than their Risk Preference score:

  • The optimizer will select a model within their Risk Band & with the highest expected return:

If the individual’s Risk Capacity score is less than their Risk Preference score:

  • The optimizer will select a model within their Risk Band & closest to their Risk Capacity.

  • If there are multiple models that meet this criteria, the optimizer will select the model with the higher expected returns.

The Portfolio Optimizer also analyzes an advisor’s book-of-business to flag clients/prospects outside of their Risk Band to assist in ensuring compliance:

Create a Blended Model

Instead of recommending one model for your client, create a blended model by using 2 or more models from your Active Model List.

  1. Select a client > click Recommendations > click Create a Blended Model:

  2. View & Select models you'd like to blend > click Add Models to proceed:

  3. Name the Blended Model > input Allocation (%) > click Save Blend:

Enhance a Current Portfolio

Instead of building a recommendation using your Active Model list, you have the option to optimize/enhance a client's current portfolio. From the home screen:

  1. Select a client > click Recommendations > click Settings:

  2. Select to Enhance > scroll down and click Apply Changes to proceed:

  3. Click Holdings > click Edit to adjust the holdings in the account:

  4. Click Apply Changes to save & view the change to Performance and comparison summary.

Did this answer your question?