TradePMR Issues Warning to RIAs in New White Paper: It’s Time to Understand Ownership of Client Data
TradePMR has issued a warning in a new white paper to Registered Investment Advisors (RIAs) – it’s time to understand who owns your client data or lose access to valuable data and potential firm valuation. The white paper titled “Understanding Data and How to Unlock its Value: Why RIAs Need Access to Their Data” discusses financial advisor data collection and management basics, as well as how data analysis can influence RIA operations and client relationships, and ultimately firm valuations.
