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Request a Questionnaire
Michael Schwabe avatar
Written by Michael Schwabe
Updated over a week ago

Here are a few starting points for you to consider when devising your own Questionnaires. Feel free to order one for yourself or engage with us to discuss customization. Email us at: support@asset-map.com

Financial Fire Drills

Meeting Preparation Checklist

Risk Tolerance

Financial Fire Drills

​What is your Full Name?
[response]
​

Introduction

Do we have a household action plan to address these eight scenarios that commonly disrupt our financial wellbeing? Please indicate if there is a 1.) confident action plan, 2.) no action plan, or if 3.) review or modification is warranted.

  1. Liquidity Needs: Do we have sufficient access to emergency capital?

  2. Long-Term Disability: Can we afford to live on a fraction of our lifetime earnings?

  3. Loss of Life: What financial obligations have we made?

  4. Longevity: Do we have enough to fund our long-term spending goals past normal mortality?

  5. Liability: Are we prepared for asset predators?

  6. Legal: Are our documents in order and up-to-date?

  7. Legacy: What is our intended financial legacy?

All question provide the following responses:

  • We have an action plan

  • We have no action plan

  • We need to revisit our plan
    ​

Meeting Preparation Checklist

What is your full name?

[response]

Introduction

Please use this quick questionnaire to update us on major events that have happened recently or that you expect to happen in the near future. This will inform our meeting agenda and give you time to think about how these may shape our conversation.

  1. Family change (e.g. birth/death in extended family)

  2. New family responsibilities (e.g. care for a relative)

  3. Health event

  4. Moving

  5. Job change

  6. Change to my short-term goals (within next 5 years)

  7. Change to my long-term goals (5 or more years away)

  8. Significant expense

  9. Significant inflow/outflow in accounts

  10. Update to wills/trusts/legal documents

All question provide the following responses:

  • Last 12 Months

  • Next 12 Months

  • Not Applicable

Risk Tolerance

What is your full name?

What is your investment attitude?

  • Very Conservative

  • Somewhat Conservative

  • Moderate

  • Somewhat Aggressive

  • Very Aggressive

In how many years will you begin making withdrawals from your investment?

  • less than 2 years

  • 2-5 years

  • 5-10 years

  • More than 10 years

Once you begin to make your withdrawals, how many years will you be making withdrawals?

  • Lump-sum

  • Less than 2 years

  • 2-5 years

  • 5-10 years

  • 10+ years

Minimizing losses is more important to me than the potential for high returns.

  • Strongly Agree

  • Agree

  • Neutral

  • Disagree

  • Strongly Disagree

Keeping your previous answer in mind, which of the following sentences most resonates with you?

  • I am willing to accept the risk of substantial loss in order to maximize my potential returns.

  • I seek to balance the potential for higher returns with minimizing downside risk.

  • Preserving my assets is more important to me than seeking higher returns.

Which of the following statements best describes your investment philosophy?

  • I feel comfortable with stable investments.

  • I am willing to withstand some fluctuations in my investment.

  • I am seeking substantial investment returns.

Over the next few years, what do you expect your annual income to do?

  • Stay the same

  • Grow moderately

  • Grow substantially

  • Decrease moderately

  • Decrease substantially

Which of the following best reflects your response to an unexpected $5,000 expense?

I have the cash readily on hand just in case.

This would cause some stress, but I could make things work.

“This expense would put me at risk.

Which investments do you have experience with?

  • Individual stocks or bonds

  • Mutual Funds or ETFs

  • Both

  • Neither

2/2024

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