News: Discovery Data Acquires Financial Media Group

Discovery Data Acquires Financial Media Group, Expanding Its Dominant Leadership Position

  • Discovery Data to provide its premium products and services to Financial Media Group clients
  • Resulting in 1,200 institutions and over 20,000 users of Discovery Data
  • All clients benefiting from expanded resources and key product investments

EATONTOWN, NJ — May 22, 2018 — Discovery Data, the leading provider of data on firms and professionals in the financial services and insurance industries, announced it has acquired essentially all the business assets of Financial Media Group.

The acquisition expands Discovery Data’s client coverage to 1,200 institutions and over 20,000 users across asset managers, wealth advisors, custodians, clearing firms, insurance companies and service providers.

“I am excited to welcome our new clients from Financial Media Group,” stated Bob Herrmann, CEO of Discovery Data. “We have accomplished a great deal in the last two years since acquiring Meridian-IQ, but there is so much more we want to do to provide value to our clients. Acquiring Financial Media Group allows us to accelerate the investments we have been making to advance our offerings even further.”

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About Discovery Data
Discovery Data is the leading provider of data, insight, and analytics on the firms and people driving the financial services and insurance industries across North America. The top asset and wealth management, fintech, media, consulting, and insurance companies turn to Discovery Data to improve their business performance.