Setting up the integration:
In order to begin using this integration, you'll need to enable the FinaMetrica integration within your database. Instructions for enabling integrations can be found here.
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FinaMetrica offers a risk tolerance test built for advisors that allows you to discover your clients' risk profile and determine an appropriate portfolio. The integration with Redtail allows advisors to launch the FinaMetrica Risk Tolerance test from within Redtail and view a client's risk profile score.
To access a questionnaire to share with a prospect or client, simply go to your Integrations Menu while within a contact record in Redtail and click FinaMetrica. You'll then see the below:
You can then click "Generate Risk Assessment." A new tab will open in your browser where you can log into your FinaMetrica account (subsequent visits will not require you to login after this initial login). Advisors new to FinaMetrica can sign up for a complimentary 30-day trial, where you'll be asked to confirm your details upon subscription. Your clients' details will be presented as shown in the example below:
- If your clients have previously been created in FinaMetrica, you can link them up by clicking "Connect to Existing Client." You'll be presented with a list of existing clients to select from. Repeat this step for the partner's account. Select appropriate options for each client then click "Continue" to proceed.
- For clients new to FinaMetrica, select appropriate options for each client then click "Continue" to proceed.
- Note: you only have to perform either of these options once - subsequent visits for linked clients will take you straight into their FinaMetrica accounts.
You'll then be presented with your clients' risk tolerance details. For advisors new to the FinaMetrica portal, please refer to FinaMetrica's QuickStart Guide under their Resources menu for details on how to navigate their site.
After your clients complete the FinaMetricaquestionnaire, you can view their answers and risk score within your FinaMetrica account. You can also click the Integrations menu in Redtail while within their record and select FinaMetrica. For a client who had completed the questionnaire, you would then see, in addition to the option to Generate a Risk Assessment, their Risk Score and Agreed Risk Score based upon their answers in the Risk Tolerance Test they completed:
To generate a new test for your client, click "View Report" as per above, then "New Test." The old test information will then be cleared from Redtail and populated with the latest test results.
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