Staying up to date on changes with your advisor, and with their firm, can present a challenge. Where do you look, what does a change to their address or their AUM mean to you, and how do you make sure you’re not the last to know about changes that impact your financial future?
We’re delighted to present AdvisorCheck Premium, an expanded set of tools to help our members stay informed about the advisors and firms they’re following.
AdvisorCheck Premium is a one-stop shop for keeping up with the changes to your advisor and their firm, helping you stay on top of all the changes that could impact your financial decision making.
AdvisorCheck Premium is launching with Advanced Monitoring, an expansion of our monitoring tool to bring critical data changes direct to your inbox biweekly. We help you see what's happening, so you feel more confident in your financial planning. Additional features will be added to the Premium tool over the coming months, so keep an eye out for the latest.
What is Advanced Monitoring?
Advanced Monitoring takes all the features you love from our AdvisorCheck Essentials monitoring tool, increases the update frequency, and adds key Firm data along with the context behind why these changes matter.
Every other Monday, we send premium members an email outlining any updates to the advisors they follow and the firms the advisors work for. If nothing has changed, the email confirms that as well, helping our members stay informed.
In addition to everything tracked by the AdvisorCheck Essentials monitoring tool, Advanced Monitoring includes the following information tracked as graphs, alerts, and historical data right in your dashboard:
Firm Stability Insights:
- Asset Growth or Assets Under Management (AUM): The total value of assets a firm manages, often reflecting its scale and client trust.
- Average Account Values
- For Individuals: Trends in typical client investment sizes within the firm.
- For High-Net-Worth Individuals (HNWI): Measures the average investment size among the firm’s wealthiest clients.
- Workforce Overview and Churn Rate: Insights into advisory personnel stability, growth, and turnover rate within the firm.
- Client (Investor) Growth: Indicates the firm's success in attracting and keeping its client base.
- Client-to-Investment Advisory Personnel Ratio: An assessment of advisory personnel workload and the potential level of individual client attention.
- New Disclosures for Firms: Updates on regulatory filings or other disclosures that could impact the firm or its representatives.
Essential Advisor Updates: Updates on job changes, licensing and state registration updates, contact info changes, and any new or updated regulatory disclosures for followed advisors.
No digging. No guesswork. No surprises. Just the peace of mind that comes from staying in the know on the firms and advisors that matter to you.
Why It Matters
We introduced monitoring because we know an advisor's professional situation can change, sometimes unexpectedly. AdvisorCheck Essentials helps you avoid surprises or finding out about updates long after they've happened.
But that isn’t the whole story, and changes to your advisor’s firm can be just as impactful to your financial decision making. AdvisorCheck Premium is the next step for people who want to stay as informed as possible, ensuring you always have the latest in your inbox, and helping you make sense of the changes in plain language.
Get Started with Advanced Monitoring
- Visit our pricing page to sign up for AdvisorCheck Premium.
- Follow the prompts to create an account or sign in
- Complete the checkout process
- If you’re already following an advisor, you’re good to go! Otherwise:
- Search for an advisor you're considering (or already working with)
- Click "Follow" on their profile
Whether you're following one advisor or one hundred, you'll receive biweekly alerts on your current following. You can add or remove advisors anytime and see the historical data in the dashboard immediately, as well as through your email alerts. You’ll also automatically receive access to all features added to Premium over time.
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The content of video and blog articles are for informational and entertainment purposes only and do not constitute investment, tax, legal, or financial advice. Always consult with a qualified professional before making any financial decisions. The views expressed are those of the author and do not reflect the opinions or recommendations of any affiliated entities.
