Totum Risk Becomes Wealth Management Group’s Exclusive Provider
Totum Risk and FEI Team Up
Orlando, Florida - September 11, 2018 - The Financial Engineering Institute is pleased to announce their selection as the preferred provider of risk assessment services for The Financial Engineering Institute’s (FEI) network of over 2,200 wealth management firms.
“We are excited to add Totum Risk to our Expert Sourcing Team,” said FEI President and Managing Partner, Nick Gregory, ChFE, CEBA, ChFWA. “Helping advisors understand how much risk their clients can comfortably take based on their life situation is a necessity when it comes to comprehensive wealth management. Totum Risk’s national presence and expertise in this market make them a natural fit for our team.”
Larry Shumbres, CEO, added, “A risk tolerance tool that looks at how much risk an investor should take given their current life situation enables advisors to make appropriate portfolio changes on an annual basis, which in turn helps clients stay on track. We are honored to join one in FEI’s Expert Sourcing Team.”
With this announcement, Totum Risk joins an arsenal of best-of-breed expert sourcing firms to provide services to FEI’s network of wealth management firms, investment and insurance professionals, attorneys, and CPAs across the nation. The result is the fusion of advanced knowledge, experience, services, and products with sound engineering principles to create a synchronized hub for family and business wealth building.
Based in Atlanta, Totum Risk offers financial advisors the ability to connect with their clients through an online risk tolerance questionnaire. Typical risk questionnaires focus on risk preference, which can change continuously. With Totum, life situations are taken into consideration, creating a more accurate representation of how much risk a client can actually take given their current circumstances, defined more accurately as risk capacity. For more information, visit www.totumrisk.com or follow the company on LinkedIn and Twitter.
The Financial Engineering Institute (FEI), headquartered in Orlando, FL, serves over 2,200 wealth management firms, investment and insurance advisors, Attorneys, and CPAs across the nation. FEI helps these professionals harmonize the complex wealth of families and businesses through the organization’s Wealth Engineering Process. FEI is also the governing body and grantor of the Chartered Financial Engineer (ChFE) professional designation. For more information about The Financial Engineering Institute, visit thefei.com or call 407.878.3520.