--- title: SmartRisk Reviews meta_title: 'SmartRisk Reviews 2026: Details, Pricing, & Features | G2' meta_description: Filter reviews by the users' company size, role or industry to find out how SmartRisk works for a business like yours. aggregate_rating: rating_value: 4.8 review_count: 4 scale: '5' date_modified: '2025-10-30' parent_category: name: Financial Services url: https://www.g2.com/categories/financial-services --- # SmartRisk Reviews **Vendor:** Covisum **Category:** [Financial Risk Management Software](https://www.g2.com/categories/financial-risk-management) **Average Rating:** 4.8/5.0 **Total Reviews:** 4 ## About SmartRisk Designed specifically for financial advisors, SmartRisk helps you set proper downside expectations with your clients. Clients are often blind to market risk and typically don’t have accurate downside expectations – either too conservative or too reckless, leading to sub-optimal investment allocations. With SmartRisk, advisors can analyze portfolio risk and easily communicate with clients to help them avoid costly mistakes. Move prospects to the planning process and motivate clients to make portfolio changes with SmartRisk. Retain clients during a down market and help prevent clients from making costly behavioral mistakes. Showcase and market your expertise to clients. Core features: -Portfolio comparison -Single name concentration alerts -Household views of accounts -Explain risk to clients in terms they can understand — dollars -Set proper downside expectations -Marketing tools, including a client-facing seminar, brochure, and direct mailer -Access to awesome support, industry expertise and training ## SmartRisk Reviews ### 1. Valuable Tool... **Rating:** 4.0/5.0 stars **Reviewed by:** Wendell B. | Principal, Small-Business (50 or fewer emp.) **Reviewed Date:** June 25, 2020 **What do you like best about SmartRisk?** The ease of use is great, basically ask the client two questions. It is easy to calculate in the program. The report is clean and clear, visually appealing for client presentations. Another thing that I really like/appreciate is the customer service is outstanding. Early on I had a few challenges with the program, called in and the helpful service was fantastic! **What do you dislike about SmartRisk?** I would like some way to upload a portfolio from a custodian, that would be a big timesaver (maybe a csv file? I know mapping can be a challenge, but perhaps that could be worked out? Also designing a portfolio can be challenging as often what seems to be a simple portfolio, low risk or whatever, often it does not qualify within the risk profile parameters. This may require several changes to get a portfolio that works within the clients risk profile. Sometimes I have difficulty switching from Tax Clarity to SmartRisk and the switch is not always smooth! I would be nice to have some better training on this one, as I hate calling in and bugging the support staff for simple questions. **Recommendations to others considering SmartRisk:** Try it out and see if it works for you. It's core concept is very good and well thought out. **What problems is SmartRisk solving and how is that benefiting you?** I have used it to demonstrate to clients how their risk profile looks compared to what they are invested in currently. It has been a benefit because it helps explain to clients an expanded view of their risk profile using a higher level of confidence. **Official Response from Katie Godbout:** > Hi Wendell, Thanks for leaving a review of SmartRisk. We're glad to hear that you've found the software helpful and easy to use. I will pass along your suggestion about a feature that allows you to upload a portfolio from a custodian to our software development team. Also, great customer support is at the heart everything we do— I'm thrilled your experience reflected that. We appreciate your feedback. ## SmartRisk Discussions - [What is SmartRisk used for?](https://www.g2.com/discussions/what-is-smartrisk-used-for) - [View SmartRisk pricing details and edition comparison](https://www.g2.com/products/covisum-smartrisk/reviews?filters%5Bnps_score%5D%5B%5D=4§ion=pricing&secure%5Bexpires_at%5D=2026-08-14+08%3A22%3A46+-0500&secure%5Bsession_id%5D=0f66beeb-15c1-426e-a761-8e1f4b5140ce&secure%5Btoken%5D=188e2599c2c3e00e0c031532fdd02e4b5153dbcb106d9983dcbad1e3474c821b&format=llm_user) ## SmartRisk Features **Platform Data** - Visualization **Platform Additional Functionality** - Activity Dashboard - Multi-Factor Analysis - Cloud - Risk Analysis - Modified Dietz Analysis - Portfolio Analysis - Liquidity Analysis - Rate of Return Analysis **Platform Basics** - Reporting - Financial Risk Reporting **Agentic AI - Financial Risk Management** - Natural Language Interaction **Additional Functionality** - Stress Tests - LME - Controls Audit - Counterparty Risks - Income & Balance Sheet - Risk Assessment - Market Risk Management - Debt Management - Interest Rate Risks - Loan Portfolio Management - BSA Compliance - Business Process Control - NYBOT - Scenario Planning - Foreign Exchange Risks - OTC - Generative AI - For Hedge Funds - Credit Risk Management - Derivative Valuation - ACH Payment Processing - Reporting & Statistics - AIMR Compliance - NYMEX - Compliance Management - Reporting/Analytics - Operational Risk Management - GLBA Management - Enterprise Risk Management - Data Management - Portfolio Management - Trade Tracking - API - FACTA Red Flags - AI Copilot - Fraud Detection - Audit Trail - Portfolio Modeling - Performance Metrics - Hierarchy Management - Limit Control - CBOT - Vendor Management ## Top SmartRisk Alternatives - [Creditsafe](https://www.g2.com/products/creditsafe/reviews) - 4.5/5.0 (280 reviews) - [Nitrogen](https://www.g2.com/products/nitrogen-nitrogen/reviews) - 4.0/5.0 (71 reviews) - [SAS Risk Management](https://www.g2.com/products/sas-sas-risk-management/reviews) - 4.3/5.0 (94 reviews)