2 Brothers
1 Idea
Lots of data.

Read Their Story
As told in "Beyond Transparency"

Overview

BrightScope is a financial information and technology company that brings transparency to opaque markets. BrightScope data drives better decision-making for individual investors, corporate plan sponsors, asset managers, broker-dealers, and financial advisors.

Retirement Plans

BrightScope is the leading independent provider of retirement plan ratings and investment analytics to participants, plan sponsors, asset managers, and advisors in all 50 states.

Wealth Management

BrightScope built the first comprehensive and publicly available directory of financial advisors in the US. We help investors find a financial advisor and complete their due diligence.

Our History

Highlights from the past few years

The BrightScope Team

We started out a small team as most disruptive start-ups do, but have since grown to over 90 employees. The BrightScope team remains nimble, hungry and dedicated to bringing transparency to the financial services marketplace.

320
Hours Volunteered
64
Craft beer drinkers
8
Open source contributors
9
Brightscope newborns
23
Wellness champions
77
401(k) Plan participants

Our Wellness Program

A healthy team is a successful team, and at BrightScope we take our health seriously.

Each employee has the opportunity to particpate in our Wellness Program and earn points and health insurance premium discounts as incentives to stay healthy. Afterall, a healthy body means a healthy mind, which equals top-notch employees and great service!

Join Our Team

In the News

  • Jul 16, 2015
    How much does the average worker pay for a 401(k) plan? The costs, all-in, vary by plan size, but they generally range from 0.5% of assets for large company plans to 1.5% for smaller plans, says Tedone. Large plans tend to have lower fees than small plans because they can take advantage of economies of scale. So if the funds in your plan have investment fees of 1.5%—and that doesn’t include the administrative costs—your 401(k) expenses are indeed high. To get a more specific idea of how your fees compare to other plans, you can check out BrightScope, which rates more than 50,000 401(k)s.
  • Jul 23, 2015
    “Fees pay for services. If they are warranted and worth it, then they are a good thing,” says Brooks Herman, head of data and research at Brightscope in San Diego. “That means engaging plan participants in their 401(k) plan and getting them to retirement. You don’t want to waste services.”
  • Jul 21, 2015
    Save until it hurts was the first thing Mike Alfred, a co-founder of BrightScope, said about retirement savings, and that’s part of his best financial advice to give others as well. “Live below your means,” he said, “which sounds very simple in theory but it much more difficult in practice.” His brother Ryan, the other BrightScope co-founder, suggests keeping your investments at arms-length so you’re not tempted to overanalyze them.

Giving Back

Volunteering within our community is an important facet of our mission.

Feeding America San Diego is committed to solving hunger in our community and informing the public on the issues of food insecurity, nutrition, and poverty. We fight hunger locally by working hand-in-hand with partner agencies, local school districts, corporate partners and a network of volunteers to serve 56,000 children, families and seniors in need each week.

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