Discovery Data Creates Innovative New Advisor Performance Tracker
https://eprnews.com/ Discovery Data Creates Innovative New Advisor Performance Tracker
Press Release (ePRNews.com) - EATONTOWN, N.J. - Aug 15, 2019 - Discovery Data, the leading financial services industry provider of data and analytics on firms, retirement plans and professionals, has created an innovative new advisor performance tracker, Advisor Success Level (ASL), to better assist clients in segmenting and prioritizing outreach to practicing retail financial advisors.
Discovery Data looks at a group of factors that in combination are highly accurate in establishing the relative success level of an advisor in comparison to all advisors in the industry.
An advisor is assigned to a level between one and five based on how they measure for each category and then the average is calculated across all categories to determine the ASL, resulting in a specific overall score as well as a quintile grouping.