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
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.
Meet with a specialist to review your assessment and help discover what needs to be done to improve your financial condition.
Get a simple, customized step-by-step plan from a trained, licensed advisor who specializes in working with practice owner households.
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.