The tool was designed as an intuitive online sales prospecting and plan analysis tool. Its features are based on the results of in-depth research into the sales and analytical needs of the firm’s subscribers, which include financial advisers, agents, brokers and other retirement professionals.
According to Eric Ryles, managing director of Judy Diamond Associates, retirement plan professionals who wanted to identify new leads and market trends needed time and expertise to search through mountains of dense plan data to find the leads and actionable intelligence they needed. The Retirement Plan Prospector does this work with plan scorecards that allow for quantitative comparisons across plans. The firm’s suite of prospecting recommendations and key performance thresholds easily guide subscribers through the data, he said.
Information included in Retirement Plan Prospector is derived from the Form 5500 disclosure documents submitted to the Department of Labor by ERISA-qualified retirement plans as well as the market research of Judy Diamond Associates and various third parties. Retirement Plan Prospector includes data on more than 750,000 plans across the U.S.
“Retirement Plan Prospector brings smarter prospecting and research tools to both the defined contribution and defined benefits markets,” Ryles said. “Its data and tools present streamlined prospect-level data to support the sales pipelines of agents, while also providing the in-depth and complete information needed to create complex market analytics.”
More information about the Retirement Plan Prospector is here. Judy Diamond Associates is a provider of retirement industry lead generation and market intelligence tools.