Tom Taylor wants to accumulate wealth, but he has told his financial planner that he is risk-averse. What should the financial planner advise Tom to do regarding his current asset investment choices, considering his risk tolerance and his goal of accumulating wealth?

a. Invest in products which bring the highest return regardless of risk.

b. Invest in products producing high income because fixed income products are generally safe.

c. Put Tom’s assets in 100% cash equivalents because he is risk-averse.

d. Determine Tom’s true risk tolerance.