The FPA Practice Management Scorecard, provided by McLagan Partners, is the complete tool for benchmarking the performance of your practice relative to other similar local practices. It is a peer-reviewed tool that is designed by planners, for planners. It provides concise and relevant content to each practice with usable, actionable results, allowing you to compare your practice to others like yours, where you live.
The Scorecard measures all of the key dimensions of your business from those things that drive your top line growth:
- Practice Revenues
- Assets
- Clients
- Practice Staffing Levels
- Expenses
- Compensation
- Profits
In addition, it also includes a separate Scorecard for each individual adviser in the practice that measures their personal performance and compensation. The Scorecard actually will report to you your rank versus your local competitors on each of the performance measures.
- Download the Practice Management Scorecard FAQ (PDF | 33KB)
