Get Wells Fargo Risk Tolerance Quiz

Filling out the Wells Fargo Risk Tolerance Quiz is an important step in understanding your investment preferences and risk tolerance. This guide provides clear, step-by-step instructions to help you navigate the quiz effectively.

Follow the steps to complete the Wells Fargo Risk Tolerance Quiz online.

1. Press the ‘Get Form’ button to access the Wells Fargo Risk Tolerance Quiz and open it in your chosen application.
2. Review the first section that discusses asset allocation. Familiarize yourself with the basic investment categories: stocks, bonds, and stable value/money market funds. Understanding these categories is crucial as your asset allocation plan will use these categories to minimize risk and enhance the potential for achieving your retirement goals.
3. Proceed to the risk profile section. Here, you will find a series of statements. Circle the number that corresponds with your level of agreement, from 1 for 'disagree strongly' to 5 for 'agree strongly.' Complete all the statements to give a comprehensive view of your investment risk perspective.
4. Once you have circled your choices, calculate your total score by adding the numbers you circled. This score will help you determine your investor type, which can be conservative, moderate, or aggressive.
5. Next, identify your time horizon. Use the provided formula to calculate the years until your expected retirement age. This step is vital, as your time horizon affects your investment strategy.
6. Review the sample asset allocation plans corresponding to your investor type and time horizon. These plans will suggest how to distribute your investments among stocks, bonds, and stable value funds.
7. Finally, choose your investment funds based on the asset allocation plan you selected. Review the different options available within each investment category and consider diversification to mitigate risk.
8. After completing all the sections, you can save your quiz responses, download a copy for your records, or print out the form if needed.

Start filling out your Wells Fargo Risk Tolerance Quiz online today for a better grasp of your investment profile!