In keeping with our tradition of producing exceptional niche syndicated market research studies, Erdos & Morgan is proud to produce the Financial Advisor Media Outlook and Usage Study (FAMOUS). FAMOUS was first launched in 2013. Unlike most studies within the professional investment community regarding Financial Advisors, this study provides unique insights into the thought process and preferences of Financial Advisors with regard to media consumption and knowledge of ETFs and Fund Families. The first iteration of the double database for the Financial Advisor Media Outlook and Usage Syndicated Study will be released on May 16th, 2022.
The main purpose of this double database is to provide greater statistical stability when extracting granular information from the study. The data is based on results from the 2020 and 2021 editions of the study.
The basis for projections of the Financial Advisor universe in this study is the annual SEC Compilation Reports for both SEC Investment Advisers and State Investment Advisers. The sample is compiled and drawn to reflect firms by number of advisors employed.
In order to better understand these professionals, the study provides the profile of the Financial Advisor. This includes investment options, uses and knowledge of various types of ETFs, compensation models, level of independence within their firm, type of clients (high net worth, individual, institutional, etc.), certifications and views/usage of different fund families,
The study takes a comprehensive approach to measuring media brand usage across different platforms by Financial Advisors. There are approximately; 30 different publications, 60 different websites, 9 different networks with over 35 individual programs and 7 social media platforms measured. For social media platforms, FAs were asked which, if any, they use professionally vs. personally. This study also evaluates mobile media as it relates to the use of applications (APPs) on smartphones and tablets.
Datapoints within the study can be cross referenced to help find opportunities and bring greater efficiency to marketing efforts and media planning.
Erdos & Morgan is a leader in media research, offering a wide range of full-service custom market research capabilities and syndicated research. In addition to the FAMOUS study, Erdos & Morgan has a proprietary database of over 100,000 Financial Advisors from which to draw from for custom market research projects
In addition to the FAMOUS study, Erdos & Morgan also produces the Opinion Leaders syndicated study, a national study of contemporary issue involvement and media influence. Founded in 1947 by Dr. Paul L. Erdos and Arthur J. Morgan, Erdos & Morgan’s 75 years of experience has provided a depth of knowledge in terms of methodological approaches, study and questionnaire design, fielding and analyses. In 1993, the company was purchased by the Kossoff family, founders of Beta Research Corporation. Erdos & Morgan remains an independent operating unit with offices in New York, New Jersey and Massachusetts.
For further information regarding the Financial Advisor Media Outlook and Usage Study (FAMOUS), the Opinion Leaders study or custom market research among Financial Advisors, Institutional Investors, High Net Worth Individuals or Key Executive Decision Makers, please contact David March at dmarch@erdosmorgan.com or 201-236-0469.