The Importance of High-Quality Data
Every day registered investment advisors (RIAs) and financial advisors are helping investors make decisions about their financial lives: What colleges can I afford to send my kids? Will I be able to retire financially independent? How much risk should I take to reach my financial goals? Data is required to answer these questions, and is vital to help RIAs make decisions that will have significant implications for the future of an investor. But without high-quality data, the decisions made may be imperfect or even suspect.