Lots of data.
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.
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.
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.
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 70 employees. The BrightScope team remains nimble, hungry and dedicated to bringing transparency to the financial services marketplace.
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
Oct 22, 2016I met Mike and Ryan Alfred when they first started Brightscope and right out of the gates, I knew that Brightscope was going to have an impact on the retirement plan business. Q: Do you think Brightscope was part of the large movement for transparency that resulted in the fee disclosure regulations in 2012? A: I think we played an important role in the process. We have provided data and analysis to the DOL, GAO, Senate Aging Committee, House Education & Labor Committee and many others over the years. We have been active in Washington DC and Ryan serves on the board of trustees at the Employee Benefit Research Institute (EBRI). In addition, we provided data for numerous mainstream media stories discussing the importance of fee transparency. Our vocal support of fee transparency may end up being one of the most important legacies of our firm.
Sep 27, 2016How do you know if the fees are too high? Schlichter: BrightScope is good for investors (to check fees). Employees of a company should be able to command institutional rates for most mutual funds. Typically a small employee could have a multimillion dollar plan – more than a $250 investor. A couple of hundred employees should be able to command lower fees.
Oct 21, 2016Through its fiduciary rule, the Department of Labor is attempting to rein in conflicted investment advice and reduce costs for retirement savers. However, there's a corner of the retirement market plagued by the sort of high fees and sales practices the DOL is attacking that won't be touched by the regulation: public school districts. 403(b) plans, a type of defined contribution plan for public schools, tax-exempt organizations and ministers, are notorious among advisers and industry practitioners as being a sort of free-for-all environment with multiple vendors, high-fee investment products and brokers who can camp out in a school cafeteria to try to make a sale. Non-ERISA 403(b) plans hold roughly 57% of the $900 billion in the 403(b) market, according to a joint report from the Investment Company Institute and BrightScope Inc.
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.