Totum by TIFIN

Totum by TIFIN provides a multi-scoring risk tolerance toolkit designed for financial advisors and investors, emphasizing risk capacity over traditional risk preference models. This approach allows advisors to evaluate an investor's unique financial situation, incorporating comprehensive human capital factors such as geography, industry, health, family, and retirement status. The platform integrates with major custodians, broker/dealers, and insurance companies to pull in account-level data, facilitating automatic portfolio risk assessments. It features a Model Marketplace where asset managers can share and compare their investment models, and allows advisors to upload their own or utilize existing integrations for model management. Totum also offers custom Investment Policy Statements to assist advisors in meeting compliance requirements, including the SEC Best Interest Rule and FINRA's suitability rule. By leveraging big data and machine learning, Totum alerts advisors and investors to life events affecting their financial goals, enabling a more tailored investment strategy. This holistic approach helps advisors differentiate their proposals and focus on client acquisition and retention.