SOURCE: BrightScope


January 28, 2015 08:00 ET

BrightScope Extends Sales Reporting Platform to RIA and Retail Channels

BrightScope RIA Sales Reporting Streamlines Intelligence Across Business Lines and Delivers Trending Sales Insights

SAN DIEGO, CA--(Marketwired - Jan 28, 2015) - BrightScope (, the leading independent data, analytics, and software company driving the growth of data-driven decision-making in financial services, today announced the launch of its new RIA Sales Reporting offering. By merging custodial transaction details and CRM and marketing activity data with BrightScope Beacon's® real-time Advisor Data Stewardship offering, it delivers unprecedented transparency into RIA sales and activity. Leveraging the BrightScope Beacon platform, RIA Sales Reporting maximizes the value of asset managers' internal and external data assets, providing a comprehensive, integrated sales reporting solution.

"We are helping asset managers break through the density of custodial sales data to deliver actionable intelligence to grow assets," says Chris Riggio, Chief Revenue Officer of BrightScope. "By integrating and enriching transfer agent and sub-accounting data, along with the custodial files, we are able to deliver a single, customizable dashboard across business lines for executives as well as market research and sales teams." 

The industry-changing RIA Sales Reporting consolidates all custodian feeds into a mobile-friendly, normalized data feed that firms can seamlessly integrate into their data warehouses and CRM solutions, while also visualizing performance through the intuitive Beacon RIA Sales Reporting interface. The BrightScope Beacon data aggregation platform empowers asset managers to take an immediate, proactive approach to understanding their clients better than ever before to drive sales growth.

For more information about RIA Sales Reporting, visit

About BrightScope
BrightScope is a financial information company that brings transparency to opaque markets through independent research and analysis. Delivered through cloud-based software, BrightScope data drives better decision-making for individual investors, corporate plan sponsors, asset managers, broker-dealers, and financial advisors. The BrightScope Rating, developed in partnership with leading independent 401k fiduciaries, reviews more than 200 unique data inputs per plan and calculates a single numerical score which defines plan quality at the company level. In April 2011, the company launched BrightScope Advisor Pages™, the first comprehensive and publicly available directory of financial advisors designed to help consumers discover information and conduct due diligence on wealth management professionals. BrightScope also markets a suite of data analytics software products to Fortune 1000 companies, asset managers, broker-dealers, financial advisors, and other market participants. Public ratings for nearly 50,000 retirement plans as well as rating definitions, criteria and methodologies, and information on more than 680,000 financial advisors and nearly 33,000 active advisory firms are available for free at