Understanding your risk tolerance
Canon Hickman, Wealth Manager at Carytown Equity Concepts based in Richmond, Virginia joins Enterprise Radio to discuss how investors can understand their tolerance for risk and use that knowledge to reach their financial goals.
Listen to interview with host Eric Dye & guest Canon Hickman discuss the following:
- What is risk tolerance?
- Why is it important to assess one’s risk tolerance?
- What questions should an investor ask themselves, and what factors interact to form one’s current level of risk tolerance?
- Are there any tools that can help assess risk tolerance?
- After identifying risk tolerance, what is the best way to proceed toward successfully reaching one’s financial goals?
Canon Hickman is a Wealth Manager at Carytown Equity Concepts, an independent Wealth Management firm that specializes in managing the complex financial and risk management needs of families, trusts and endowments, using an integrated, solution driven approach. He is an investment advisor and broker with over 9 years of experience in the industry. Equity Concepts currently has over $700 million AUM. Registered Representative, Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Cambridge and Equity Concepts are not affiliated.
Carytown Equity Concepts is an independent Wealth Management firm that specializes in managing the complex financial and risk management needs of families, trusts and endowments. Equity Concepts’ team of advisors helps each client strategically integrate and coordinate all parts of their financial lives from risk management and financial planning, to asset management, tax planning and estate planning. This comprehensive approach is designed to ensure that each of these distinct and important areas of the financial spectrum has been evaluated and managed together to give the client a greater sense of control. It is the active and ongoing supervision of this process that will ultimately define true financial success.