Discovery Data Provides Tool That Projects an Adviser’s Future

Discovery Data has released a new dataset, dubbed the Growth Factors Time Series, that presents the trajectory of an adviser or investment advisory firm across a wide variety of measures, providing a robust picture of their practice health and projected future.

Discovery Data provides a consolidated view of the financial services industry, including detailed profiles on all firms and professionals. The Growth Factor Time Series provides trend data on key firm measures, such as the number of employees, firm reps, branch offices and affiliated firms, an overview of client accounts, and average client size and assets broken down by different time periods. At the adviser level, the new trend data includes number of team members, firm associations, branch reps and self-reported assets and production.

“This vast amount of data offers so many actionable insights to help you sell, market and recruit smarter,” says Bob Herrmann, CEO of Discovery Data. “We are excited for this release and look forward to expanding the series in the future.”

During the initial release, Growth Factors Time Series will be available to Discover Data clients in weekly data feeds.