59 topics are not yet rated. Unrated topics count as "not addressed," so your score may read lower than reality. Your advisor very likely addressed some of these topics. If you're unsure, leave them blank and revisit them at your next meeting.
A lower score doesn't necessarily mean you received poor advice. It may simply mean a topic hasn't been discussed yet or that you don't recall it. Your advisor very likely addressed some of these topics. Bring the gaps below to your next meeting and ask about them. That's exactly what this report is for.
0.0
Advice Index / 100
Grade F: Deficient
0.0
Coverage score
17
Critical items missed
8
Areas scored
Your next conversation
- 01Planning processHow your advisor works with you, and whether anyone follows up.0.0
- 02Cash flow and debtWhat comes in, what goes out, and what it costs you to owe.0.0
- 03Insurance coverageWhat you are covered for, and for how much.0.0
Your score by area
Financial Planning Process & Professional Conductcapped at 50: critical item missed0.0
Cash Flow, Budgeting & Debt Managementcapped at 60: critical item missed0.0
Insurance & Risk Managementcapped at 50: critical item missed0.0
Investment Planningcapped at 50: critical item missed0.0
Tax Planningcapped at 70: critical item missed0.0
Retirement Planningcapped at 50: critical item missed0.0
Estate Planningcapped at 60: critical item missed0.0
Psychology of Financial Planning & Behavioral Finance0.0
Critical gaps
These are the basics. Advice in that area is not complete without them, so a missed one caps the area's score.
- Financial Planning Process & Professional Conduct: Goals identified, quantified, and prioritized
- Financial Planning Process & Professional Conduct: Recommendations are specific and actionable
- Financial Planning Process & Professional Conduct: Fiduciary duty, conflicts, and compensation disclosed
- Cash Flow, Budgeting & Debt Management: Cash flow / budget analysis performed
- Cash Flow, Budgeting & Debt Management: Emergency reserve adequacy assessed
- Insurance & Risk Management: Risk exposures systematically identified
- Insurance & Risk Management: Life insurance needs analysis
- Insurance & Risk Management: Disability income coverage evaluated
- Investment Planning: Risk tolerance AND risk capacity assessed
- Investment Planning: Asset allocation appropriate to goals
- Investment Planning: Diversification and concentration risk
- Tax Planning: Marginal and effective rate analysis
- Retirement Planning: Retirement need quantified
- Retirement Planning: Funding projection with defensible assumptions
- Retirement Planning: Accumulation strategy and vehicle selection
- Estate Planning: Core documents reviewed or recommended
- Estate Planning: Beneficiary designations audited
Other topics not addressed
- Retirement Planning: Guaranteed income / annuity evaluation
- Retirement Planning: Longevity and sequence-of-returns risk
- Investment Planning: Objectives / IPS documented
- Investment Planning: Asset location optimization
- Investment Planning: Fees and expenses analyzed
- Investment Planning: Performance measured against proper benchmarks
- Investment Planning: Rebalancing discipline defined
- Investment Planning: Liquidity needs matched to holdings
- Insurance & Risk Management: Health insurance adequacy reviewed
- Insurance & Risk Management: Long-term care planning addressed
- Insurance & Risk Management: Property coverage adequacy
- Insurance & Risk Management: Umbrella liability coverage
- Insurance & Risk Management: Existing policies reviewed in force
- Insurance & Risk Management: Cost and carrier suitability
- Tax Planning: Tax return actually reviewed
- Tax Planning: Deduction and credit optimization
- Tax Planning: Tax-efficient investing
- Tax Planning: Roth conversion / contribution analysis
- Tax Planning: AMT / NIIT / IRMAA / surtax exposure
- Tax Planning: Multi-year tax projection
- Tax Planning: State and local tax considerations
- Estate Planning: Asset titling and ownership reviewed
- Estate Planning: Trust planning suitability
- Estate Planning: Probate exposure and avoidance
- Estate Planning: Digital assets and administrative readiness
- Financial Planning Process & Professional Conduct: Scope of engagement defined
- Financial Planning Process & Professional Conduct: Complete quantitative and qualitative data gathered
- Financial Planning Process & Professional Conduct: Current course analyzed and alternatives compared
- Financial Planning Process & Professional Conduct: Implementation responsibilities assigned
- Financial Planning Process & Professional Conduct: Monitoring and update cadence established
- Financial Planning Process & Professional Conduct: Coordination with other professionals
- Financial Planning Process & Professional Conduct: Cross-domain integration of recommendations
- Cash Flow, Budgeting & Debt Management: Net worth statement prepared or reviewed
- Cash Flow, Budgeting & Debt Management: Debt inventory with rates and terms
- Cash Flow, Budgeting & Debt Management: Debt reduction / restructuring strategy
- Cash Flow, Budgeting & Debt Management: Savings rate and capacity analysis
- Cash Flow, Budgeting & Debt Management: Credit health reviewed
- Cash Flow, Budgeting & Debt Management: Major financing decisions analyzed
- Psychology of Financial Planning & Behavioral Finance: Money values, history, and attitudes explored
- Psychology of Financial Planning & Behavioral Finance: Behavioral biases identified and mitigated
- Psychology of Financial Planning & Behavioral Finance: Client understanding verified
- Psychology of Financial Planning & Behavioral Finance: Life transitions and stress addressed
Rate the topics you skipped
You have 59 topics you haven't rated yet. They currently count as not addressed, so completing them can raise your score, and it can never lower it.