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Discovery Data Publishes U.S. Financial Services Industry Branch Study

EATONTOWN, NJ — April 15, 2016 — Discovery Data, the leading financial services industry provider of data and analytics on firms and professionals, has published the latest edition of its U.S. Discovery Data Financial Services Industry Branch Study. This study analyzes broker-dealer and investment advisory firm branches in the U.S. and includes a special emphasis on retail branches and the territory management of these branches to help Discovery Data clients create, align and distribute territories.

As of year-end 2015 there were a total of 173,085 unique branches registered with a U.S. regulator and located in the U.S. These branches are occupied by 33,776 firms and 658,333 unique reps.

“The unrelenting growth in the independent channel has led to an explosion of branch locations in the U.S. retail financial services industry, while at the same time ongoing consolidation has resulted in an increasing number of mega-branches,” stated Bob Herrmann, CEO of Discovery Data. “This significant change demands careful tracking and analysis in order for firms with on-the-ground sales teams to make the right resource allocations. Discovery Data clients have been asking us to help them with this challenge and this branch study is part of our efforts.”

Clients of Discovery Data reference this study to help with business and strategic planning throughout the year. Updates are provided annually and made available within Discovery Data. If requested, clients can engage Discovery Data to conduct a custom analysis. A complete overview and analysis of the industry, along with the full dataset, are also available to Discovery Data clients as a subscriber to Discovery Data Market Insight.

For more information, contact 732-933-1899 or info@discoveryco.com.

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