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Assessing capacity for loss (and why it’s so important)

Self recorded

Wednesday 27th September 2023





Capacity for loss. What is it? What isn’t it? And why it should be a paraplanner’s BFF* (if it isn’t already)?

To explore the topic, the Assembly’s own BFF, Patrick Ingram from Parmenion, joined us for a lunch-hour Assembly during which we covered some  really interesting stuff including:

Capacity for loss and attitude to risk. What’s the difference?

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 showed us why both ideas are so different – and what that means for clients.

Get busy with client balance sheets

We dug into ideas like ‘client balance sheet’ and ‘wealth ratios’, and explored how they offer both strategic and practical ways to settle on an investment approach that fits their financial position.

Safety first

We explored 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 was a great chance to catch up with the latest thinking.

*BFF = best friend forever


Patrick Ingram

Patrick is Parmenion’s Head of Strategic Partnerships and joined us in 2009. He has experience of private client discretionary management and wealth management consolidation, in a number of AIM quoted companies.

He was previously CEO of Rowan & Co and Finance Director of Seymour Pierce Group plc. Patrick graduated with degree in History from Oxford University in 1981, trained as a Chartered Accountant with KPMG, and holds the ASIP investment research qualification.

Event resources

Useful links

Here’s a link to download the slidedeck used by Patrick during the Assembly plus any helpful links mentioned during the talk or in the chat

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