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Financial Advisor Success

Ep 359: Building A Financial Planning Assessment To Show Clients Progress And Value Over Time With Eric Miller

Nov 14, 2023
Discover an innovative approach to financial planning with a comprehensive assessment tool, the Financial Prosperity Index. Explore strategies for effective communication and measuring the value of financial advice. Learn about visualizing client progress, optimizing financial assessments, and maximizing revenue potential through workshops and client relationships. Gain insights on financial planning strategies for practice owners, personal reflections on health challenges, and career advice for new professionals.
01:33:20

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Podcast summary created with Snipd AI

Quick takeaways

  • Eric Miller's Financial Prosperity Index covers 100 questions and 9 domains for a holistic financial assessment.
  • Client engagement and progress tracking through annual assessments drive commitment to financial planning goals.

Deep dives

Eric Miller's Financial Prosperity Index

Eric Miller, the chief financial advisor at Econologics Financial Advisors, uses a unique financial planning assessment named the Financial Prosperity Index to help clients understand their financial health and target areas for improvement. This index covers 100 questions across 9 domains, providing clients with a comprehensive overview through aggregated scores and improvement suggestions. By niche focusing on healthcare practice owners like physical therapists, dentists, and optometrists, Eric tailors assessments to their specific needs, showing the value of financial advice beyond just portfolios.

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