Investor Profile Survey

Please answer the following questions related to your investment time horizon, past investing experience, and tolerance for risk. At the end of the survey, you will see a recommended portfolio risk level—derived from your survey responses—and can select your preferred model portfolio to see portfolio details and hypothetical past performance.
Your actual investment portfolio should be determined after a discussion with a financial adviser and incorporate a more holistic view of your situation.

Investment Time Horizon

If you will need your money within 2 years, consider a savings account or Certificates of Deposit at a bank. Investment in the stock market is not recommended.

How long do you estimate it will be before you need to take a significant withdrawals from your investments?*

2 – 4 years

5 – 7 years

8 – 10 years

Greater than 10 years

For example, if these investments are for retirement, how much longer do you plan to work? If savings for a major purchase (e.g., house), when do you plan to buy? If for college, when will your daughter or son start college?

Do you plan to make regular contributions of new money to your investment account?*

Yes, I plan to make some additional contributions of new money

Yes, I plan to make significant continuing contributions

"significant continuing contributions" = new contributions of >5% of account value each year (e.g., if currently at $200,000, plan to add $10,000+ in new funds each year).

Investment Experience

How would you characterize your level of experience investing in mutual funds, stocks and bonds? (0-10)

MinimalSignificant

During the last financial crisis (late 2007 until early 2009), most investments lost significant value – over 50% in many cases.
As a result, what did you do with your investments? If not invested at that time, what do you feel you would have done?*

Nothing – kept existing positions

Stayed the course – added new money at similar rate

Doubled down – increased my investments

Hedged my bets – sold some to protect myself from further loss

I sold everything

Generally, investments with higher expected returns exhibit more fluctuation in value and a higher potential for loss of capital.
Given this relationship between expected returns and investment risk, which of the following approaches seems more appropriate to your situation?*

I'm most concerned with minimizing any loss of value. Prefer stable investments, even if the returns are low.

I’m okay with some fluctuation in my investments to increase the expected return, but I prefer low volatile with a lower chance for a large losses.

I’m looking for higher investment returns and will accept some large declines in value to achieve this goal, but want less risk than a portfolio invested exclusively in stocks.

I’m want to achieve high returns and understand this may entails significant fluctuation in the value and a high risk of losses.

The value of investments can go both up and down. It is vitally important you stick with your investment strategy through market gyrations. Your portfolio will likely underperform if you change your strategy during these fluctuations.
How big of a decline in the value of your portfolio would you tolerate before losing confidence in the investment strategy selected?*

Any decrease in value would make me question the strategy

10%

25%

33%

I’m will to stick with the strategy regardless – over the long run it will work out

“losing confidence” = selling your investments or significantly altering the investment strategy.