This is approached as a three stage process which involves clients first filling in a short questionnaire to determine their attitude to risk, secondly the feeding of this information into a modelling process to determine the appropriate asset allocation, and thirdly selecting appropriate funds for the portfolio to match their attitude to risk and their goals. Transact is used as the wrap provider which, backed up by the funds analysis group, Morningstar, enables close monitoring of the portfolio in line with the risk profile and goals of the investor.