Series 66

By Investopedia AAA

Analyzing Your Client's Financial Profile - Introduction

One of the primary responsibilities of an IA is to make sure that investment advice given is suitable for the particular client. The best way to ensure that your investment advice or financial planning recommendations are suitable is to develop a client profile. Be sure to collect the following information at the beginning of your advisory relationship and to update the profile as your client's situation changes over time:



  • Type of client
  • Current status
  • Financial goals
  • Capital and other needs
  • Current investments
  • Risk tolerance
  • Tax issues
  • Non-financial considerations
Client Type

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