Patrick Ingram from Parmenion joins host, Richard Allum, for a lunch-hour Assembly exploring the issue of capacity for loss.Even though the combination of a client’s capacity for loss and their attitude to risk are significant factors when you’re working on a case, Patrick shows why both ideas are so different – and what that means for clients.He digs into ideas like ‘client balance sheet’ and ‘wealth ratios’ and explore how they offer both strategic and practical ways to settle on an investment approach that fits their financial position.And then he explores the idea of a ‘safety margin’. What is it? And how does the idea help insulate clients from financial risks while still allowing them the flexibility to adapt their strategy through life’s ups and downs? When capacity for loss is such a significant feature of the day job, this a great chance to catch up with the latest thinking.Useful linksVisit the event page at the Paraplanners' Assembly website, scroll down, and you'll see a 'Useful links' section with a link to download the slidedeck that Patrick refers to during the episode. Hosted on Acast. See acast.com/privacy for more information.

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