By integrating your Envestnet MoneyGuide and Riskalyze accounts, you will be able to sync a client Risk Number from Riskalyze to Envestnet MoneyGuide for use while developing the financial plan.
Setting up the Integration
First, you will need to log into your Envestnet MoneyGuide account. From the Main Menu, you will select User Options.
Next, you will select Partner Options (1), select Yes (2) to "Allow Riskalyze", and navigate back to the Main Menu.
Select Options in the upper right corner of the Main Menu.
Select Request Riskalyze Authorization.
Enter your Riskalyze username and password and authorize the request.
You will receive the following message if the request was successful. Your account is now integrated!
Syncing the Risk Number into Envestnet MoneyGuide
Navigate to a client's My Plans page in Envestnet MoneyGuide and select Manage Integrations.
Search for the client's last name (1 & 2), select the Riskalyze client that you would like to link (3), and select Add (4).
The client will now show as linked in Envestnet MoneyGuide. Select Done.
Now select the financial plan that you would like to use the Risk Number in or create a new financial plan.
* Note: The Risk Number will only appear in the Financial Goal Plan.
Navigate to the Household Risk section of the financial plan. In an existing plan, this can be done by selecting About You (1) -> Risk & Allocation (2) -> Household Risk (3).
* Note: If this is a new plan, you will need to follow the normal workflow of building a plan to get to this point.
You will now see the Risk Number on the Household Risk slider. It will be indicated with an orange marker.