SOURCE: BrightScope

BrightScope

October 29, 2015 09:00 ET

BrightScope Welcomes Former BlackRock Managing Director Martin Beaulieu as Advisor

Leading Financial Information Firm Taps Finance Veteran to Further Its Mission to Improve Transparency in the Industry

SAN DIEGO, CA--(Marketwired - Oct 29, 2015) - BrightScope (www.brightscope.com), a leading provider of independent financial information and investment research, today welcomed Martin Beaulieu, a former BlackRock Managing Director, to its Advisory Board. Martin will serve in an ongoing capacity as an Advisor to the company and its executives. His commitment is a testament to the work BrightScope has done to bring unprecedented transparency to the financial industry and will help the company further that mission.

"It's my pleasure to welcome Marty Beaulieu to BrightScope's advisory board. He was an early believer in BrightScope and has the knowledge and contacts to help us accelerate growth," said Mike Alfred, Co-Founder and CEO of BrightScope. "Marty is one of the most trusted and respected executives in financial services and his addition to BrightScope's Advisory Board will further extend the company's leadership position within the industry."

Martin is an Investment Management Executive with over 31 years' experience in the financial services industry. His career is focused on business development and revenue growth for asset management solutions offered to U.S. and international investors in the retail and institutional market segments. Martin held positions as CEO of MFS/McLean Budden, Head of Global Distribution for MFS Investment Management and most recently as head of the BlackRock/iShares ETF retail business in the U.S.

"BrightScope grabbed my attention as a breakout company in the financial industry years ago, and I am honored to have the opportunity to help the company grow," said Martin Beaulieu. "The trajectory of BrightScope's business is impressive and I plan to help it continue on that path by assisting with business development and strategic advice."

BrightScope has rated nearly 50,000 401k and 403b plans, spanning more than 57 million workers and over $3 trillion in assets. Industry adoption of the BrightScope Rating will lead to more cost-effective plans, increased participation rates, higher employee satisfaction and better outcomes for the 60 million employees who depend on their 401k plan for retirement. 

More information about BrightScope is available at http://www.brightscope.com.

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 www.brightscope.com.

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