This article provides an overview of some of the more important theoretical and practical issues relating to risk profile in the context of the financial planning process. It is argued that current industry best practice in risk profiling does not match well with theoretical literature on financial risk and risk taking. Alternatives to current practices are briefly reviewed.
Journal Of Law And Financial Management Collection
Publisher version archived with the permission of the publisher Macquarie Graduate School of Management, Macquarie University, NSW, Australia. This archived copy is available for individual, non-commercial use. Permission to use this version for other uses must be obtained from the publisher.