Fintech Impact

In this episode of Fintech Impact, Jason Pereira interviews Mark Friedenthal, Founder and CEO of Tolerisk, about the innovative risk profiling platform his company offers to financial advisors. Mark explains how Tolerisk differentiates itself by integrating financial data into client risk profiles, providing a more holistic understanding of both risk tolerance and capacity. He discusses the company's origins and challenges, highlighting the improvements Tolerisk has made over traditional methodologies like Monte Carlo simulations. The conversation underscores the importance of proper client profiling in risk assessment and the significant role Tolerisk plays in bridging investment management with financial planning.Episode Highlights:00:09: Introduction to the podcast episode and the guest, Mark Friedenthal, CEO of Tolerisk.01:04: Mark shares the origins of Tolerisk and the problems it aims to solve with client risk profiling.02:07: Development of a solution for profiling client tolerance that integrates with