Show Every Client What It All Adds Up To.
The Net Worth Report is one page that gathers everything a household owns and owes — every account, the house, the cars, the policies, the mortgage — into three totals and one green number. The whole financial life, added up, under your logo.
Built and used every week by Micah Shilanski and Matthew Jarvis, the advisors behind The Perfect RIA.
Nobody Has Ever Added It All Up For Them.
A household's money lives in slices. The custodian portal shows what you manage. The 401(k) sits at an employer. The house is a guess, the mortgage is a statement in a drawer, and the insurance is a policy nobody reads. Every slice has a number somewhere — and no one, anywhere, is holding the sum. So the client watches the one slice with a login and mistakes it for the whole.
The portal answer
One slice- The custodian portal shows the accounts you manage. Nothing else.
- The 401(k) at work lives in another login.
- The house and the cars are nobody's spreadsheet.
- The mortgage only surfaces when the statement arrives.
- The client judges you on the one slice they can see.
- “How are we doing?” has no honest answer.
The statement answer
$6,225,132- Every account, at its live value, in one ledger.
- The home, the cars and the policies counted alongside.
- The mortgage subtracted in plain sight.
- Who owns what, shown by column — his, hers, joint.
- Three totals, and one green number at the top.
- “How are we doing?” gets a page instead of a shrug.
Figures from SurgeTK's demo household: $6,582,132 in assets minus a $357,000 mortgage. Every delivered statement computes from the household's actual accounts, physical assets, liabilities and policy cash values.
Assets Left. Liabilities Right. The Truth Up Top.
A balance sheet a client can read across the desk: assets in blue, liabilities in red, and the number they actually came to hear in green at the top. Here is the shape of it.
A simplified excerpt, using the demo household. The delivered page also splits out cash equivalents and other assets — the home and cars, counted joint — each section with its own total, framed by your logo, title and disclaimer.
- The green number
- Estimated net worth in a tinted banner at the top of the page — assets minus liabilities, the figure every client quietly tracks.
- Assets on the left, in blue
- Three ledgers — cash and equivalents, investable assets, other assets — each totaled, summing to the blue figure at the top of the column.
- Liabilities on the right, in red
- Secured debts and everything else, totaled in red. The mortgage gets subtracted in front of the client, not behind the math.
- Owner columns
- First names head the columns — his, hers, joint — and every figure lands in exactly one. Who owns what, visible without a word.
- The house and the cars
- Physical assets counted next to the portfolios, so the statement reflects the life, not just the brokerage.
- Policy cash values
- Permanent insurance appears at its cash value — the number that belongs on a balance sheet, not the death benefit.
- Every section totaled
- Each table closes with its own total row, even when the answer is zero — and a zero row is a conversation about what is missing.
- Reported as of
- Every figure carries the date the account data was reported, tied to the header's asterisk.
- Your firm on the page
- Your logo, your report title, your disclaimer. The statement reads as your firm's document, because it is.
- A snapshot every Surge
- Each delivered version is saved with a timestamp — put last year's page next to this year's and the progress conversation writes itself.
It Changes What The Client Thinks You Manage.
An advisor who only ever shows the managed accounts is asking to be judged like a fund. The net-worth statement quietly reframes the job: you are the one professional looking at all of it — and the page proves it, every year.
One number beats twelve statements
Clients cannot hold a house, four IRAs and a mortgage in their head. They can hold $6,225,132. Give them the number and the noise goes quiet.
The zero rows do discovery for you
An empty section totaling $0 invites the sentence every advisor wants to hear: “that's not everything — there's also the…” Held-away assets surface themselves.
It reframes a down market
A portfolio can be down while the household is still worth more than they think. The whole picture absorbs shocks the slice cannot.
Your team runs it, not you
Accounts flow from the feed; the house, the cars and the mortgage are entered once and rarely change. The statement assembles itself with the packet.
Manage The Slice. Advise The Whole.
The fee gets paid on the accounts you manage. The trust gets built on everything else — the 401(k) you will never custody, the rental, the business. A statement that counts all of it is the cheapest way to make the relationship bigger than the AUM number, and the natural opening for every held-away conversation you have been meaning to start.
The first year, the statement tells the client their number. Every year after, it tells them the number moved — and that somebody was watching the whole thing the entire time.
The math is deliberately plain: every account at live value, plus physical assets and policy cash values, minus every liability. No projections, no charts, no fine print. Set your title and disclaimer once in Settings, and the page builds from data your team already keeps.
As Old As The Value-Add Idea Itself.
The net-worth statement is one of the original Perfect RIA Value-Adds — the annual proof that somebody is watching the whole household, delivered in Matt's and Micah's practices long before there was software to build it. SurgeTK just removed the spreadsheet.
It rides in the Surge Packet next to the Homework Sheet, the retirement-income one-pager and the beneficiary report — the same packet, in the same order, for every household on the calendar.
It also keeps the data honest. A statement with a $0 liabilities table is either a debt-free household or a CRM that never heard about the mortgage — and either way, the next conversation writes itself. The page pulls the practice's data forward every year it prints.
SurgeTK is built by The Perfect RIA, the team that popularized Surge and Value-Adds and teaches them to advisors across the country.
Add One Household Up.
The Net Worth Report earns its keep the moment a client sees their whole life on one page for the first time. Most never have. The test costs one household.
Have your team enter one household by hand.
Accounts from the feed or keyed in, plus the house, the cars and the mortgage. Manually, just the one. Importing at scale is a conversation for later.
Open the household. The statement is already built.
Assets left, liabilities right, the green number up top. Refresh recomputes it whenever the data changes.
Deliver it and watch their eyes go to the banner.
Everyone finds their number first. Then walk the columns — his, hers, joint — and start the held-away conversation the page just opened.