Adviser Ratings acquires data firm

Adviser Ratings life insurance

13 December 2022
| By Laura Dew |
image
image
expand image

Financial advice data and ratings agency, Adviser Ratings, has acquired wealth data analytics firm Beddoes Institute.

Beddoes had been operating since 2014 to assist retail life insurers with insights into the financial advice space. It also helped advice practices and licensees through its benchmarking solutions.

Angus Woods, founder of Adviser Ratings, said: “Beddoes has built an exceptional data business with wide ranging clients across the life insurance and wealth sector.

“Combined with our data, we will not only enhance the value proposition for our own clients but Beddoes’ clients. Harnessing the power of Beddoes’ data to its full extent will help provide a powerful combined market offering.”

Beddoes chief executive, Bill Nikolovski, who would remain part of the combined entity, said: “We know there is a significant issue for the industry in analysing data and understanding trends. Being a part of Adviser Ratings will allow us to meet that growing industry need in a more scalable way. I am excited by what the two brands can bring to our respective client bases and new clients”.

Adviser Ratings said it expected the acquisition would allow it to bring and enhance new insights for the industry and provided improved reporting.

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

2 days 10 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

6 days 16 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 4 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 6 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

5 days 14 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

4 days 17 hours ago