Riskalyze, which provides industry-leading risk assessment and portfolio analytics to tens of thousands of financial advisors, has announced the appointment of 26-year veteran of Morningstar Tricia Rothschild to its board of directors.
Rothschild’s impressive resume with Morningstar includes leading the firm’s equity research business and heading up the transformational technology initiatives that allowed Morningstar to double its annual growth rate within three years. She completed her tenure at the investment research firm as its Chief Product Officer.
Most recently, Rothschild was president of Apex FinTech Solutions. She is also currently vice-chair of the CFA Institute Board of Governors and on the board of directors at TIFIN and Financial Fitness Group.
Rothschild is the second person to recently join Riskalyze’s board, which also welcomed Laurie Schultz in November as its chair. In addition to Schultz and Rothschild, Riskalyze’s board is comprised of its CEO Aaron Klein, Redtail Technology CEO Brian McLaughlin, and Hg’s Sebastien Briens, Max Dewez and Richard Earnshaw.
This addition to the board comes hot off Riskalyze’s launch of its Discovery investment research tool in November. Here’s how it works: Discovery uses a quantitative engine that takes an investor’s personal risk tolerance score (their Risk Number) and culls out ETFs, mutual funds, and other securities from the vast universe of options with a corresponding risk metric (Riskalyze GPA) thereby generating an appropriate fit for their portfolio based on risk analytics.
Through its quantitative engine, tailored investments can be found within a handful of seconds rather than minutes of trying to find the right search terms and, even then, evaluating sometimes many investment options. And all of this can be done in one place rather than toggling between multiple prover systems (and thus browsers and windows), only adding more time and frustration to the process.