Risk assessment and risk profiling TAMRIS will review the education and risk assessment that your wealth manager provided to determine whether it has fully assessed your attitude to the main investment risks you will be exposed to. It will then assess your attitudes to the main investment risks likely to impact on your portfolio over time. Part of this assessment will involve education about the the investment risks that affect the ability of assets to meet needs over time and the performance risks that can affect different types of investment styles and strategies. The results of this assessment will be passed to your wealth and asset managers. TAMRIS will also look to answer important questions. Is the advisor being open about the risks you are likely to face and has the advisor fully explained their investment approach? Have you been sold, or are you being managed?
This part of the review will also highlight areas that the private investor needs to be aware of regarding the investment strategy the advisor is following, if this has not already been communicated. Part of the report will therefore highlight areas that you may need conformation on from your advisor. For example, if they have not assessed your aversion to important risks relevant to the way they manage money, they will need to address this.  Additionally, if their asset allocation and investment strategy fails to address important client risk aversions, this will also be pointed out.
If an organisation cannot assess your aversion to key investment risks then there may be doubts over their investment disciplines, their ability to personalise your portfolio and their ability to manage both risk and return. | 
