PriceMetrix is pleased to announce that Scott & Stringfellow, a Richmond, Virginia based brokerage firm and wholly-owned nonbank subsidiary of BB&T Corporation (NYSE:BBT), has again renewed a multi-year commitment to the PriceMetrix ValueOne Program.
Scott & Stringfellow was PriceMetrix' first U.S. client and this renewed commitment represents a partnership spanning almost a decade.
The patented ValueOne Program delivers systematic and scalable practice management tools and services that enable over 10,000 Investment Advisors in North America to achieve measurable performance improvements. The ValueOne Program delivers enhanced business intelligence regarding Investment Advisor activity, detailed book metrics, relative performance, and enterprisewide benchmarking against competitive practices that empowers retail wealth management firms to improve Investment Advisor practice management strategies, coaching and ultimate productivity.
Scott & Stringfellow have also expressed their intention to leverage PriceMetrix' most recent innovation CommissionCheckTM - a unique service designed to empower Investment Advisors to price equity commission trades at market levels by providing real time market pricing comparables. CommissionCheck is driven by a data set of more than 20,000 full service investment advisor books and over 200 million transactions from across the retail wealth management industry.
Based on PriceMetrix' market data, Scott & Stringfellow consistently ranks in the top of the U.S. retail wealth management market on productivity. According to Walter Robertson, Senior Managing Director, President Private Client Group, Scott & Stringfellow, "Our long term partnership with PriceMetrix has been the driving force in defining our practice management efforts over the past decade. Our top rankings in the industry for productivity are a testament to the benefits we derive from the ValueOne Program."