Standard & Poor's and Financial Research Corp. have signed a content distribution pact that will bring FRC's asset-management news, trends, and product research to a broader audience of financial advisors on S&P's MarketScope Advisor online platform.
The pact, announced June 17, will help FRC expand the distribution of its research from mainly mutual fund asset managers to the entire wealth management space, said Bruce Fador, CEO of the Boston-based asset management research firm. The content will be focused on current, actionable information that helps advisors serve their clients.
"We intend to bring Financial Research Corp.'s world-class research product more directly to individual financial advisors," Fador said in a news release. "By making our material available on Standard & Poor's MarketScope Advisor, we are taking a major step forward in achieving that goal."
A subscription to the proprietary Web site costs about $1,500 and up for individual advisors and more for wirehouse packages, according to Scott Brennan, vice president and head of marketing for S&P equity research. The site currently has about 80,000 users, Brennan said, adding that FRC's content will not cost extra.
Financial advisors go to Standard & Poor's MarketScope Advisor site for market commentary, independent investment analysis, and analysis tools. The site's asset class coverage includes rankings of stocks, mutual funds, bonds, ETFs, variable annuities, and options.
