The Value of Risk Assessment in Financial Decision Making

Pillar6 Podcast

Aaron Klein is the Co-founder and CEO of Riskalyze, a behavioral finance tool. Riskalyze is known for inventing the Risk Number, which powers the world's first Risk Alignment Platform. Their mission is to help financial advisers and individuals evaluate their investments and build better portfolios. It was built on an academic framework that won the Nobel Prize for economics.

Aaron was honored by Investment News as one of the industry’s top 40 Under 40 executives. He has also led Riskalyze to be named one of the world’s top 10 most innovative companies in finance by Fast Company Magazine.

In this episode…

How do you evaluate risk when making financial decisions? How can you react to risk appropriately?

Risk is an essential factor when investing and building a financial portfolio. A risk assessment can give you insight into your investment choices and help you become a better investor, make more informed decisions, and achieve better financial outcomes. Declining a risk assessment can negatively impact your investments.

In this episode of the Pillar6 Podcast, Roman Polnar sits down with Aaron Klein, the Co-founder and CEO of Riskalyze, to discuss why risk assessment is essential when making financial decisions. Aaron talks about his risk assessment framework, tips for long-term investments, and explains how financial advisers can help clients make more informed financial decisions.

Resources Mentioned in this episode

• Pillar6 Advisors
• Roman M. Polnar on LinkedIn
• Riskalyze
• Aaron Klein on LinkedIn
• Aaron Klein on Twitter
• Thinking, Fast and Slow by Daniel Kahneman
• The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers by Ben Horowitz
• "Using Financial Tools To Make Better Financial Decisions With Eric Dunn"