Our Data Ecosystem
We help our clients make data-driven business decisions by supplying market leading industry insights, data services and research.
In October 2014, Adviser Ratings launched as Australia’s first independent marketplace of financial advisers. Today, we are a data and ratings business. This data and ratings business is the foundation of AR data. We service three financial services industry customer types.
Adviser Ratings is solving the problem of information asymmetry that exists in the wealth space. Consumers just don’t know about the performance, skills, actions or regulatory compliance of those who they deal with in the sector. Without this information, consumers were previously not empowered to make the best buying decisions.
Today, many consumer buying decisions are based on public reviews while at the same time adviser marketing to customers through a growing list of divergent media or relationships is costly, time consuming and not guaranteed to succeed.
Service providers and licensees:
Due to lax compliance standards in the past, the industry alone has set aside billions of dollars to compensate customers and for increased spending on risk and compliance to make sure it does not happen again. The advice market is changing rapidly, with significant fragmentation in the advice channel underway. We provide the data and insights to help manage the industry’s distribution and compliance risk.