Standard & Poor's and Financial Research Corp.announced a content licensing and distribution agreement Thursday whereby FRC data will be available on S&P's MarketScope Advisor platform for financial advisers. Terms of the agreement, including financial considerations, were not disclosed. An S&P spokesman denied the deal is a precursor to an acquisition of FRC from its parent, private equity firm Mercatus Partners LLC.
"We are pleased to be expanding the distribution of our research from mainly assets managers to the wealth management space," said Bruce Fador, chief executive officer of FRC. "We intend to bring FRC's world-class research product more directly to individual financial advisers. By making our material available on Standard & Poor's MarketScope Advisor, we are taking a major step forward in achieving that goal."