BD Briefs NEWS & PRODUCTS

Raymond James Financial ranked highest in employee advisor satisfaction among financial investment firms in a tie with Edward Jones, according to the J.D. Power and Associates 2008 Financial Advisor Satisfaction study released in late September, which measures overall satisfaction of financial advisors on eight key factors that drive satisfaction. In order of importance they are: firm performance; compensation; administrative and compliance support; internal operational support/people; job duties; products and offerings; problem resolution; and work environment. The study is based on 3,124 total responses from advisors at 19 investment firms…

Fidelity’s National Financial has expanded its alliance program with the addition of San Francisco-based Success Metrics. Through the new relationship, broker/dealer clients have access to tools meant to help them increase assets and revenue by identifying new sales opportunities for their individual brokers. The tool recommends specific actions brokers can take to acquire new assets by examining patterns and modeling activities and then applying the most successful approaches to their own books of business. The broker can then see how this compares to his/her clients to identify and implement potential cross sell opportunities. In addition to Success Metrics, broker/dealer clients also have access to National Financial’s alliance firm PriceMetrix. Announced earlier this year, PriceMetrix delivers a combination of business intelligence reports, practice management tools, and services designed to enable financial advisors to “proactively identify and close opportunities that generate revenue and enhance book value.” …