Klein Decisions Licenses Next Generation Investor Profiling Process to Global Financial Services Company

 

Raleigh, NC -- January 25, 2007 -- Klein Decisions, LLC announced today that it has licensed a customized version of its K⁴ Portfolios software and accompanying intellectual property to a major multinational financial services firm.

Tim Paulin, Director of Product Design for Klein Decisions, explained the unique approach, stating that “Klein’s K⁴ process enables this institution to better manage corporate risks while improving the value of the suitability process to both advisors and their clients. The typical investor profile questionnaire is poorly constructed, aggregating issues like time horizon, risk tolerance and investor preferences into a single process rife with contradictory responses, inappropriate recommendations and an inability to relate the responses to the suggested strategy. As a result, profile questionnaires are often viewed as a ‘necessary evil.’ But Klein’s K⁴ process overcomes these shortcomings by segregating unrelated issues, illuminating contradictions and directly correlating investor responses with recommendations, making the investor profiling process an integral and valuable part of building the client relationship.”

"This marks a significant milestone for our company,” said Robert L. Padgette, founder and Managing Director of Klein Decisions. "We are extremely pleased to have this large and sophisticated financial services firm as our client. They understand the unique power of our approach and the underlying concepts and innovations embodied in our technology. This application will showcase the value of the K⁴ decision tools and the thinking behind them.”

About Klein Decisions, LLC

Klein Decisions was founded in 2002 by Robert L. Padgette, CFA, CIMA, to develop dynamic decision systems that incorporate investor preferences into the investor decision process. Headquartered in Raleigh, North Carolina, Klein’s team of experienced investment and technology experts have introduced a suite of web-based applications based on a patented process that precisely quantifies individual risk tolerance, goals, behaviors and preferences, and integrates that insight into a personalized investment solution. Please visit us at www.kleindecisions.com or call us at 919-233-6767.