Dice half of the roasted beets, and grate the other half. Reserve.
Bring 5 cups broth to a steady, slow simmer in a saucepan.
Heat 2 tablespoons unsalted butter and 2 tablespoons olive oil in a heavy pan over moderate heat. Add ⅓ cup minced shallots, lightly salt them, and sauté for 1 or 2 minutes, until beginning to soften, being careful not to brown it.
Add 1 ½ cups Arborio or Carnaroli rice and, using a wooden or silicon spoon, stir for 1 minute, making sure the grains are very well coated. Add ½ cup red wine around the edges of the skillet, and stir until completely absorbed.
Add ½ cup of broth and 1 cup roasted beets. Stir well and wait until the liquid is almost absorbed. Then continue adding the simmering broth, ½ cup at a time.
Stir as needed to prevent sticking. The risotto will take about 18 to 20 minutes, and the rice will be tender but still firm.
Remove the pan from the heat and immediately add 3 tablespoons butter, ⅓ cup grated asiago cheese, and 2 tablespoons chopped parsley. Stir vigorously to combine with the rice.
Add ⅛ teaspoon black pepper and check for salt; add more if needed.
Divide equally between the plates, sprinkle 2 ounces goat cheese on top, a drizzle of olive oil and a sprinkle the remaining 1 tablespoon chopped parsley. Serve immediately.