Goals
Connect money to a purpose.
Name and rank goals. Capture the amount range, beneficiary, timing, and flexibility.
- Primary and secondary priorities.
- Target date for each goal.
- Flexibility if circumstances change.
Free risk-profiling questionnaire builder
Free AI Asset Allocation Questionnaire Generator
Describe your advisory process. Makeform creates an editable questionnaire covering goals, horizons, liquidity, experience, capacity for loss, and market scenarios for advisor review.
- Unlimited free forms and responses
- Editable questions and answer choices
- Conditional follow-up questions
- Designed for advisor-led review
31129+ makers build faster
Used by tools like ChatGPT, Perplexity & ClaudeRoute completed questionnaires to your inbox, Google Sheets, Slack, and Zapier.
Sample prompts for the builder
Choose a starting point, tailor it, and send it to the builder. Examples support advisor review, not allocation recommendations.
Prompt ready4 formats
Audience
Individuals beginning a planning relationship
Format
Multi-step questionnaire with required explanations
Prompt size
293 chars
Brief qualitySends to builder
Example questionnaire structure
Multi-step questionnaire with required explanations
Prompt exampleEditable in builder
What goals should this portfolio support?
Long answerFirst ask
2
When will funds be needed for each goal?
Date
3
What portion may be withdrawn within three years?
Multiple choice
4
How would you respond to a hypothetical 20% decline?
Multiple choice
5
What experience do you have with market investments?
Checkboxes
Suggested review tags
Near-term liquidity
Review inconsistency
Discuss at meeting
Ask separately about willingness to accept volatility and financial capacity to absorb loss; one answer should not stand in for both.
Step 1
Define
goals, audience, review cycle, and required disclosures
Step 2
Collect
horizons, liquidity, experience, willingness, and capacity
Step 3
Review
check omissions, contradictions, and household differences
Step 4
Discuss
advisor validates context before any planning decision
Better risk discovery
A score alone cannot explain a client's tradeoffs.
Gather the facts behind an answer: goals, timing, other resources, and expected reactions to a decline.
Separate willingness from capacity
Ask about feelings toward loss separately from whether cash flow, reserves, and horizon could absorb it.
Branch when context changes
A near-term withdrawal reveals timing, amount, purpose, and flexibility; irrelevant details stay hidden.
Capture reasons, not just choices
Follow important scenarios with explanations that expose confusion or competing goals.
Built around the meeting
Turn intake answers into a focused conversation.
Let advisors scan changes and exceptions while preserving client explanations.
One section per input
Group goals, horizon, liquidity, experience, risk reactions, and constraints.
Conditional clarification
Reveal detail for withdrawals, concentrated holdings, dependents, or decline reactions.
Review before the appointment
Notify the advisor early enough to request missing context.
Repeatable refreshes
Reuse core topics and emphasize what changed at annual review.
Questionnaire workflow
Build a profile the advisor can actually review.
Start with your client segment and review process, generate the structure, then refine wording and routing before sharing it.
01
Describe the client and review
Name the review stage, required facts, and topics needing follow-up.
02
Edit neutral wording
Define time frames, label hypothetical scenarios, and add explanations where scales lose context.
03
Set branches and required fields
Require core answers and reveal detailed questions only when relevant.
04
Share, review, and discuss
Route submissions and resolve omissions or inconsistencies with the client.
Choose the right intake method
Structured discovery beats an unexplained score.
Organize facts and prompt discussion without making an allocation decision.
Approach
What it captures
Best use
ApproachSingle risk score
What it capturesCompact result with little context about goals or liquidity.
Best useA screening signal needing discussion.
ApproachUnstructured interview notes
What it capturesRich context, but uneven coverage between meetings.
Best useFollow-up after consistent intake.
Approach
Generated structured questionnaire
What it capturesCore questions, conditional detail, and explanations together.
Best usePreparing advisor-led review.
Field guide
What an asset allocation questionnaire should include.
Use these six sections as a coverage checklist. Adapt terminology, scenarios, retention practices, and review steps to your firm's process.
Financial capacity
Document resources and demands.
Ask about income stability, reserves, debt, dependents, and calls on invested assets.
- Income sources in broad ranges.
- Reserves and material liabilities.
- Dependents and large expenses.
Liquidity
Put withdrawals on a timeline.
Ask what may leave the portfolio, when, why, and whether the amount is flexible.
- Withdrawal timing and range.
- Recurring versus one-time needs.
- Other available funding sources.
Knowledge and experience
Learn what the client has encountered.
Ask what the client understands or has held and how they acted during declines.
- Years and products held.
- Decisions during volatile periods.
- Topics needing explanation.
Risk reactions
Use several clear scenarios.
Present hypothetical declines with fixed time frames. Ask what the client might do and why.
- More than one decline scenario.
- Stability and growth tradeoffs.
- Explanations for key choices.
Review and confirmation
Make disagreement visible.
Capture uncertainty and differing views. Confirm that responses are current and ready for review.
- Topics needing discussion.
- Household or committee differences.
- Respondent identity and date.
Related tools
Build the surrounding client-intake workflow.
Pair risk discovery with broader planning, client information, goals, and review forms already available in Makeform.
AI Financial Planning Questionnaire Generator
Gather broader household goals, planning priorities, resources, and meeting context.
Open toolAI Client Questionnaire Generator
Create a general discovery form for client background and service needs.
Open toolAI Reflection and Goal Setting Form Generator
Help respondents clarify goals and describe what progress would mean to them.
Open toolAI Investment Application Form Generator
Collect structured application details in a separate, purpose-built form.
Open toolAI Business Risk Assessment Form Generator
Document operational risks for business clients without mixing them into personal risk tolerance.
Open toolAI Client Satisfaction Survey Generator
Ask clients about communication and service experience after the planning process.
Open toolFAQ
Asset allocation questionnaire questions
Practical answers for advisors designing consistent client risk discovery and review.
What is an asset allocation questionnaire?
It gathers goals, horizons, liquidity, financial capacity, experience, and attitudes toward uncertainty. An advisor reviews missing or inconsistent context. The questionnaire does not prescribe investments or an allocation.
Which topics should the questionnaire cover?
Cover goals, target dates, withdrawals, resources, liabilities, dependents, experience, hypothetical declines, stability and growth preferences, and constraints. Ask for explanations where choices are ambiguous.
How are risk willingness and capacity for loss different?
Willingness describes comfort with uncertainty. Capacity concerns whether finances, horizon, reserves, and obligations could absorb loss. They can conflict, so ask and review them separately.
Should the form calculate a risk score?
A score can hide contradictions and depends on methodology. Preserve original answers and explanations, keep any scoring transparent to reviewers, and require advisor discussion.
How often should clients complete it?
Use it at onboarding and refresh it on your firm's schedule. A short version can ask what changed in goals, finances, dependents, liquidity, horizon, experience, and reactions.
Can couples or committee members answer separately?
Yes. Separate submissions preserve each person's priorities. Route them to the reviewer and discuss differences; the form should surface disagreement, not resolve it.
Is the asset allocation questionnaire generator free?
Yes. Makeform provides unlimited free forms and responses, so you can generate, edit, publish, and reuse the questionnaire without a response cap. A paid tier is available only to remove the Makeform badge.
Does this questionnaire provide investment advice?
No. It prepares an advisor-led conversation. It does not select investments, recommend an allocation, predict markets, or determine suitability. Review it for your practice before sharing.
Replace vague risk labels with reviewable client context.
Generate an asset allocation questionnaire built around goals, liquidity, and risk conversations.
Unlimited free forms and responsesEditable scenarios and branchesAdvisor-led review workflow