Wealth Analytica's risk-assessment stage covers attitude to risk (ATR), capacity for loss and behavioural overrides in a single workflow, with configurable scoring that maps directly into your firm's centralised investment proposition. Built around what Consumer Duty year 2 actually asks for. Feeds the portfolio analysis and proposal stages with no rekeying.
Why "ATR plus capacity for loss" lives in one place
Most firms in 2026 still run ATR in one tool and capacity for loss in a separate spreadsheet. The two scores get reconciled by a paraplanner the night before the next client meeting. The suitability report quotes both, and the file holds both, but the workflow that produced them is two workflows and a coffee.
That's not a Consumer Duty problem until it is. FG22/5 paragraph 4.12 makes the point: firms must evidence that risk-related advice is consistent with the client's risk tolerance and capacity. A reviewer auditing the file later wants to see one defensible scoring exercise, not two artefacts that don't quite line up. Our risk-assessment stage is that one exercise.
The WAy it actually runs
The client (or adviser, in a guided session) works through a single questionnaire. Attitude-to-risk items use the firm's chosen instrument — out-of-the-box we ship the standard 10-question psychometric scale Dynamic Planner and Defaqto Engage users will recognise, but you can swap in your own. Capacity-for-loss items pull from the fact-find: income, surplus, emergency fund, retirement timeline, dependants. Behavioural-bias prompts surface where the answers contradict each other. The output is a defensible composite score plus the underlying detail.
Configurable to your CIP
Your firm's centralised investment proposition probably defines five or seven risk bands. Ours doesn't define them for you. We map the composite score into your bands, with the band thresholds, the underlying instrument and the override rules controlled by the firm's compliance lead. That's editable in the platform — no developer tickets, no quarterly release.
Firms running a model-portfolio service plug the band into the MPS allocation directly. Firms running bespoke construction use the band as the constraint and let the portfolio analysis stage do the heavy lifting. Either way, the same risk record drives the proposal.
What's captured for the file
- Time-stamped question responses with the exact wording presented to the client
- Composite ATR score and the chosen instrument version
- Capacity-for-loss inputs pulled from the fact-find with the values shown to the client
- Behavioural overrides where the adviser adjusted the score, with a free-text justification
- Vulnerability flags from the fact-find that affect the risk discussion
- The mapped risk band, the firm's threshold ruleset, and the version of the CIP at the time
- A PDF audit pack that drops straight into the client file
Two years from now, when the FCA's file review asks how you arrived at this client's risk band on this date, the answer is one click and one PDF. Not a spreadsheet on a leaver's machine.
Consumer Duty year 2 alignment
Consumer Duty year-2 outcomes monitoring asks firms to evidence that the products and services recommended produce good outcomes for the consumers they were designed for. Risk profiling sits at the heart of that. Our scoring captures the inputs, the result, the override and the band — the four things a fair-value assessment under PRIN 2A.4 will ask for. Vulnerable-client flags from the fact-find carry through, so the adapted communications the FCA expects under PRIN 2A.5 are surfaced before the conversation, not after.
How it compares to standalone risk tools
A standalone tool like Dynamic Planner, Defaqto Engage or FinaMetrica does risk profiling well. What it doesn't do is hand the result to the analytics engine, the proposal builder or the suitability report in the same client record. Firms running a standalone tool either rekey or reconcile. The WAy a risk score gets used inside Wealth Analytica is that it never leaves the record it was created against.
If you already have a firm-wide subscription to a standalone risk tool and don't want to switch, fine — the platform accepts an inbound ATR score from a CSV or an API and runs the rest of the workflow off that. You lose the audit-pack integration but keep the rest of the pipeline.
Where this fits the pipeline
Risk assessment pulls from the fact-find, feeds the portfolio analysis, and shows up in the proposal builder as the bit that justifies why the modelled portfolio is the one being recommended. One record, three stages, no contradictions for a reviewer to find.
Score a real client this week
A trial seat, your firm's CIP thresholds configured in the sandbox, and one anonymised client run through the questionnaire. You'll see the audit pack and the downstream pipeline inside an hour.
Last reviewed: 15 May 2026 · Author: Michael Fasosin · Editor: Anthony Marris · See our editorial policy for our sourcing and review standards.