WealthCare measures the financial health and wellness of an organization’s customers by evaluating both financial behaviours and attitudes across four key dimensions. This approach provides financial institutions with the intelligence they need to engage customers in relevant conversations and help them manage their financial goals in a way that meets their financial wellness profile. WealthCare is built by integrating over 100 data variables across 10 data sources including financial holdings, spending patterns, social values, and attitudes related to financial health in Canada.
WealthCare provides an overall indicator of financial wellness by age to help identify the challenges and opportunities customers are likely to experience and to highlight the differences in wellness scores by lifestage.
This release of WealthCare 2022 improves upon our estimated scores to better reflect financial health and wellness. The improvements are the result of the enhancements to our data input sources and have led to an adjustment of the ranges that define the low, medium, and high scores. The definition of the updated ranges can be found in the WealthCare Score Range Glossary.
Below, you will find some additional resources linked for your reference: release notes, variable list, and score range glossary.
How-to-Read ENVISION Reports
WealthCare - Executive Customer Report - Financial
WealthCare - Executive Trade Area Report - Financial
WealthCare - Executive Target Group Report - Financial
Additional Resources
WealthCare Release Notes
WealthCare Variables List
WealthCare Score Range Glossary