David Hargadon is a go-to expert on our team, especially where wealth screenings are concerned. This week I asked David to share some of his best tips and tricks for getting the most out of your wealth screening investment. Thanks, David! ~Helen
Wealth screenings can be daunting undertakings, and I can definitely say that I’ve done my fair share of them. Over the past several years, I’ve conducted dozens of wealth screenings, screening hundreds of thousands of prospects, so hopefully some of these tips and tricks I’ve learned can help make your next wealth screening a success for your organization.
Measure Twice, Cut Once
Many of the potential hiccups that arise through wealth screening processes can be avoided by making sure your data is clean prior to sending files off for processing. Before a wealth screening is one of the best times to clean up addresses, employment information, spouse information and more. Consider doing a data append to make sure your data is as current as possible. Having this information up to date and current can help reduce false positives in your results, making the verification process run much more smoothly. [Read more…]