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Taking the Measure of Advice © 2022 Envestnet. All rights reserved. 20 metrics for each behavior and capability as recorded in the survey data and ran multivariate regressions of the behaviors and capabilities against the scores from Figure 3. The results of the regression analysis showed that five factors closely correlate to the delivery of client financial wellness: • Advice factor: This measures the extent to which advisors advise clients across the full spectrum of their financial needs. • Financial planning factor: This measures the extent to which advisors deliver multigoal financial plans to their clients. • Psychology of money factor: This measures the extent to which advisors address financial-wellness-related issues in their regular conversations with their clients. • Platform capabilities factor: This measures the breadth of the wealth management capabilities available to clients through the advisor's platform. • Family engagement factor: This measures the extent to which advisors engage the client's spouse and children as part of the ongoing client relationship. The correlation of the financial wellness outcomes of an advisor's clients with the advisor's combined scores for these five factors is shown in Figure 6.