An assessment covering both Risk Tolerance and multiple behavioural insights typically takes two to three minutes to complete. If it takes longer, you’re probably overthinking it!
The standard Risk Tolerance assessment comprises eight questions.
However, it is essential to combine these with questions that are not related to Risk Tolerance. A series of questions solely focused on any single attitude quickly becomes monotonous, and increases the likelihood that an investor will provide answers that reflect how they want to behave, and not how they actually behave.
Even if you use Risk Tolerance as a standalone assessment, some other behavioural questions will be inserted at no extra charge. However, you will receive only the output relating to Risk Tolerance. Besides enhancing the user experience, this approach has the added advantage that the outputs from the additional behavioural-insight assessments can be retrieved at a later date should you decide to use them.