Press Releases

Our press releases keep you informed of the latest data and
service enhancements, and company announcements.

Discovery Data Introduces the Only Single View of Financial Services Industry

EATONTOWN, NJ — April 3, 2012 — Today Discovery Data has made available the only database offering a single view of the financial services industry. After months of extensive work consolidating its previously siloed databases, Discovery Data is excited to provide access to the financial services industry through a state-of-the-art online system to help clients identify, reach and do business with all 33,000 firms and 2 million professionals throughout the United States.

With this consolidated view clients can see at a glance comprehensive profile information on the 800 dually registered BD-RIA firms and the over 200,000 dually licensed BD-RIA reps, rather than having to search in separate databases.

“Many of our clients do business across all three channels—investment advisory (RIA) firms, broker-dealers (BDs) and trust companies, as well as insurance agents in some cases, and did not have a way to profile and analyze the industry in one place,” stated Bob Herrmann, CEO of Discovery Data. “Our online system gives them a way to do this, allowing them to see how the industry convergence is accelerating, and providing a mechanism for filtering through the confusion to accurately segment channels and target clients. This consolidated view provides market insight on the industry never before available.”

Discovery Data's Financial Services Industry database includes all RIA and BD firms and 2,300 trust companies, in addition to over 600,000 professionals encompassing advisors, executives, investment bankers, traders, and all other registered reps. Utilizing detailed information such as RIA types, client mix, investment strategies, advisory services and fee structures, BD profiles including types and footprints (e.g. wirehouse, independent, regional), RIA and BD affiliations, Assets Under Management, extensive rep profiles including securities licenses and employment history, clients can search for and profile firms and professionals.

The world's largest, most successful and fastest growing asset managers, broker-dealers, clearing firms, insurance companies and service providers recognize Discovery's data and services as the preeminent solution and rely on it to understand and do business with the industry. To learn more, please contact Discovery Data at 732-933-1899 or

© Discovery Data. All Rights Reserved.

12 Christopher Way, Suite 300, Eatontown, NJ 07724 | |