The report will include data on total program gross revenue or fee income received from the broker dealer, number face-to-face financial consultants, number of investment accounts, and total value of invested dollars and compensation and operating expenses for the program. The data looks at performance metrics for the industry and relevant asset size comparisons. Recommendations for improving retail investment programs along with case studies of successful retail investments programs will also be included.
According to Pete Snyder, president of SCS Consulting, an investment and insurance consulting company, NASD's broker dealers that serve credit unions will help provide aggregate data on the nearly 1,500 credit unions that they serve.
Jay Johnson, executive vice president of Callahan, said given the "demographic shifts and the range of options available in the marketplace," managing a retail investment program has become "increasingly important."