When firms and individual wealth sector entrepreneurs want to benchmark their achievements, and set challenges, they need lots of data. This news service is taking its coverage up a gear by working with Compeer, the UK-based organisation.

This publication is delighted to announce that it will gain even deeper insights about the business performance of hundreds of wealth management firms by an exclusive media partnership with Compeer.

UK-based Compeer (see here for its website) gives businesses an opportunity to see how their peer groups behave in terms of staff performance, profitability, productivity and growth statistics. Compeer has collected this data for more than 25 years. This news service already produces regular summaries of the results of the largest private banks – the Compeer partnership will take this detail to a new level.

While it essential to treat all data with due care and attention, the editors of this news service know that the strategies of firms we write about need, where possible, to be put into context, whether that is revenue growth, net promotor scores, cost/income ratios, or other metrics. As cost pressures continue to be high, and managers want to know what the success of their business looks like, data is a must. 

Stephen Harris, chief executive of the WealthBriefing family of news services, said: "I'm delighted that WealthBriefing is now able to offer more detailed and actionable insights into the UK wealth management sector with this new partnership with the highly-respected Compeer. The data will add to the raft of exclusive material that WealthBriefing regularly provides the wealth management industry."

“Compeer has a unique insight into the business performance of the UK wealth management industry – an industry that remains highly resilient in all market conditions and continues to break records. We are excited to work closely with Wealth Briefing and through this partnership we can support a wider audience within this sector and beyond, detailing the latest trends and helping to shape strategic decisions for the firms,” Compeer said.   

This news service will run several stories and commentaries based on this information and, of course, we value feedback and commentary about the material. It is also important to note how our work with Compeer also complements our work with Highworth Research, a UK-based data and research organisation covering single-family offices. This work highlights the unparalleled level of specific information that this newswire gives clients.