Practice Risk Calculator

What Does One Scam Actually
Cost Your Practice?

Enter your numbers. Most advisors are surprised by what they see.

Your Practice Numbers
⚡ Total Lifetime Practice Revenue at Risk
—
from a single scam incident
📉 Direct Revenue Lost
—
Fee income over the full relationship — gone when the client leaves or loses trust
🔗 Referral Revenue Lost
—
Future referrals that will not come after reputation damage — modeled at equivalent client value
💸 Client's Direct Loss
$83,000
Avg HNWI elderly victim loss per incident — the human cost behind the revenue number

Direct revenue: AUM × advisory fee % × relationship length in years. This represents the fee income your practice loses over the remainder of a client relationship when a scam ends it.

Referral revenue: Each referral is modeled at the same AUM and relationship length as the original client — a simplifying assumption. Real referrals vary. The slider is capped at 3 lifetime referrals per client to stay within the range supported by advisor practice research.

Key assumptions:

  • 100% client loss following a scam incident (the relationship ends completely)
  • AUM is held constant — no growth assumed, which makes the output conservative relative to compounded real-world revenue
  • No time-value discounting is applied — this is an illustrative revenue figure, not an NPV

$83,000 client loss figure: Represents the average financial loss per HNWI elderly fraud victim per incident, sourced from FBI Internet Crime Complaint Center (IC3) 2023 report and FTC Consumer Sentinel Network data, filtered to high-net-worth victims over 60. All-victim median is lower; HNWI exposure is materially higher due to investment fraud and impersonation scams.

$3.4B annual figure: Total reported losses by Americans aged 60+ in 2023 per FBI IC3. Actual losses are higher as fraud is systemically underreported.

📊

Americans 60 and older lose $3.4 billion to fraud annually. Among high-net-worth elderly victims, the average loss is $83,000 per incident — and advisors lose far more in lifetime relationship value. Source: FBI IC3 2023 · FTC Consumer Sentinel

The Protection Math — One Client
Revenue at risk from one scam vs. the annual cost of protecting that single client with DoubleCheck.
💸 One Scam Costs
—
in lifetime practice revenue
VS
🛡 DoubleCheck Costs
$108
per client / year ($9/mo, Starter)

For every $1 spent protecting this client, you protect — in lifetime practice revenue.

📋 Practice-Level View

What's your entire book
exposed to this year?

⚡ Annual Practice Exposure
—
Revenue at risk if 2 clients are scammed this year
🛡 DoubleCheck for Full Book
—
Annual cost to protect all 120 elderly HNWI clients (Starter: $9/mo)

Protecting your full book costs — of your annual scam exposure. — in net protected revenue.

DoubleCheck pilot pricing: 250 licenses at $9/user/mo · 500 at $7/user/mo · 1,000 at $5/user/mo — billed annually. White labeled with your firm name. No integration. Up and running the same day.

One scam costs your practice more than this tool costs you for a year.

Protect your elderly HNWI clients. Protect your practice. Up and running the same day.

Request a Pilot →
Available on iOS & Android  ·  No integration required  ·  White labeled with your firm name