Risk Profiler

What this screen is for

The Risk Profiler records one client’s attitude to investment risk as a scored questionnaire, a resulting profile from Conservative to Growth, and a separate tolerance for illiquid investments. The profile belongs to an individual client, not a household: choose the household, then the person.

The questionnaire has fourteen questions in four sections. Sections A (risk tolerance, six questions), B (knowledge and experience, three) and C (time horizon, three) produce the score. Section D (illiquidity tolerance, two questions) does not move the score at all; it produces its own figure.

The page scores as you go so you can see an indicative result, but the score that is saved is computed again on the server from the answers you send. The two use the same arithmetic.

How the score is calculated

Each multiple-choice question carries a set of points, one per option, and the points differ by question. The two slider questions are bucketed instead.

Slider	Answer	Points
Maximum tolerable 12-month loss (A5)	up to 5%	1
	6% to 12%	3
	13% to 22%	6
	23% to 33%	8
	above 33%	10
Years until the funds are needed (C1)	under 2	1
	2 to 5	4
	6 to 10	8
	11 to 15	11
	16 or more	12

The points from sections A, B and C are added (a maximum of 88), divided by 88 and scaled to 100, rounded to the nearest whole number. That is the risk score shown out of 100. The three dimension bars beside it are each section’s points as a share of that section’s maximum (46, 17 and 25).

The score lands in one of five bands, and each band carries the growth and defensive weighting that the Portfolio page and the advice document compare against.

Score	Profile	Growth / defensive target
0 to 24	Conservative	20% / 80%
25 to 44	Moderately conservative	35% / 65%
45 to 64	Balanced	60% / 40%
65 to 79	Moderately aggressive	75% / 25%
80 to 100	Growth	90% / 10%

The expected return range and maximum drawdown printed on the portfolio card are descriptions that live on this page.

An indicative profile appears once four scoring questions are answered. The progress line counts all fourteen, because all fourteen are needed to save.

Answering the sliders

A slider that has not been touched is not an answer. Its readout says “Not recorded yet” until you drag it or click it, and clicking records the value the slider is showing. That click matters for the two answers a drag cannot reach: a loss tolerance of 0% and an illiquid allocation of 0%, which both sit at the slider’s resting position.

Illiquidity tolerance

Section D produces a percentage of the portfolio the client could hold in investments that cannot be redeemed for five to ten years. It is the higher of the slider answer (D1) and the figure implied by the frozen-fund question (D2), where the four options stand for 0%, 15%, 30% and 45%.

The Portfolio page uses this figure as a ceiling on its liquidity ladder, applied to the least-liquid bucket (holdings that take two months or more to redeem), and says so beside the marker.

Adviser override

If you disagree with the scored result, choose a profile in the Adviser override box and write a reason. A reason is required whenever an override is chosen; the save is refused otherwise, and the refusal names the problem. The final profile recorded against the client is the override if there is one, and the scored profile if not. The scored profile and score are kept beside it either way.

A reason with no override is accepted and stored. You will meet that shape on clients whose profile came in through a migration: the importer writes the source system’s notes into the reason box, records no override, keeps the questionnaire blank and marks the assessment as migrated.

Saving, resetting and printing

Save Risk Profile refuses an incomplete questionnaire and lists the unanswered question numbers. A complete one is scored on the server, written as a new entry in the assessment history, and becomes the client’s current profile. The completed date is today’s date in Sydney.

The assessment history is written on every save but no screen reads it back; the printed record and every other consumer read the current profile.

Reset Answers clears the form on screen, including the override, and nothing else. The saved profile is unchanged until you save again.

Print Profile prints the saved assessment, never the screen. If the form holds unsaved changes the print asks first and the printed page carries a banner saying so. The record shows the score band, the dimension bars, the recorded portfolio with its allocation, the illiquidity tolerance, the override and its reason, the assessment number, and every question with the answer recorded. With no saved profile it prints a notice instead of a blank sheet.

If a save fails, the message shows what the server said rather than a generic connection error.

Where the profile is read

Surface	What it reads
Client list	The final profile, shown against the client
Compliance register	“Risk profile completed” is ticked when a final profile exists. A client reads as ready for advice only when scope is set, the fact find is complete and a profile is recorded
Portfolio page	The final profile’s growth and defensive targets and the illiquidity tolerance, for the compliance card; with no profile the card links you here
Portfolio snapshot (a dated record of what the client actually holds)	The profile as it stood when the snapshot was taken is copied onto it, so re-profiling later does not restate an old comparison
Advice document	The “Risk Profile & Capacity Assessment” section, described below
Client portal	Clients see the profile only inside a published advice document; there is no client-facing questionnaire

What the advice document says

The section is built from the recorded final profile. With no profile recorded the section is left out rather than defaulted.

Two things in that section do not come from the questionnaire. The five “dimension” bars (return expectations, time horizon, loss tolerance, investment knowledge, income stability) are derived arithmetically from the profile’s rank, not from the client’s answers, and they are omitted for a migrated profile because nobody scored those dimensions here. The capacity factors come from the fact find: an asset base above $500,000 reads as adequate, and a debt-to-asset ratio under 0.3 reads as manageable.

The assessment date is printed as recorded. No review period is applied anywhere in Aether: the document states the date and leaves the judgement about its age to you.