Introducing Econometry® Analytics: Results-Based Financial Metrics™ for Practice Owners
Comprehensive Metrics for a Practice Owner’s Financial Plan
Using our breakthrough metrics technology, Econometry® Analytics, we assess your progress toward financial goals across 17 meaningful variables—so you get clarity about specific next steps to take through the planning process.
General Financial Plan Metrics
Financial Prosperity Index®: Overall financial condition of the Household compared to an Optimum Financial Condition. (Econometry proprietary metric)
Net Worth: Determines the economic value of the household.
Business Viability Metrics
Practice Transition Readiness Assessment®: Determines Owner dependency with the practice. (Econometry proprietary metric)
Practice Gross Income: Determines the gross income of the company
Profit Margin: The percentage of the business gross income accreting to the household.
Income Planning Metrics
Power Ratio: Determines the relative survival power of the Household in any economic environment. (Econometry proprietary metric)
Annual Reserves Allocation: The amount of gross income transferred to savings on an annual basis.
Value Gap*: The difference between what you have for assets and income versus what you need for future personal living expenses. (*Copyright term and metric used with permission from Pinnacle Equity Solution)
Debt & Credit Metrics
Housing Debt-to-Income Ratio: Determines the amount of monthly income committed to housing.
Household Total Debt-to-Income Ratio: Total amount of household income committed to servicing all debt.
Credit Score: Determines the credit worthiness of the household.
Estate Planning Metrics
Estate Plan Integrity: Determines to what degree the estate planning is complete and current. (Econometry proprietary metric)
Asset Protection Metrics
Asset Protection Ratio: The percentage of household assets that are considered generally protected from creditors. (Econometry proprietary metric)
Income Tax Metrics
Investment Metrics
Emergency Fund Ratio: Determines the ability of the household to handle financial emergencies.
Household Risk Index®: Determines the overall concentration of the risk of all assets in a household. (Econometry proprietary metric)
Results-Based Financial Planning®
Comprehensive financial planning can feel overwhelming and confusing. With Econologics, it’s simple to gain confidence and get proven results.
Step 1:
Discover
Meet with a specialist to review your assessment and help discover what needs to be done to improve your financial condition.
Step 2:
Get a simple, customized step-by-step plan from a trained, licensed advisor who specializes in working with practice owner households.
Step 3:
Advance
Continue your progress by getting constant, ongoing guidance and accountability from your advisor plus have your plan rewritten each year to update your results and goals.