Press Release Summary: FAIRFAX, VA – 2008 - Respond (www.respond.com), the leading online lead referral service that connects purchase-ready buyers with local sellers in real time, announced that it has acquired WiserAdvisor. WiserAdvisor, established in 2003, is the pioneer in offering an unbiased, objective and sophisticated matching service for potential investors searching for financial advisors who best fit their unique needs.
Press Release Body: Acquiring WiserAdvisor will strengthen Respond’s presence in the financial space, which has been Respond’s fastest-growing sector. The acquisition enables Respond to provide its high-quality and real time investor leads to qualified financial advisors. This complements Respond’s current relationships with most existing firms in the financial planning leads market such as Paladin Registry, a registry of five star financial advisors who are acknowledged fiduciaries.
“This business consolidation helps Respond’s ability to serve financial planners and positions Respond and Paladin Registry as the leading providers of financial planning leads in this marketplace,” said Jack Waymire, Founder and CEO of Paladin Registry and author of Who’s Watching Your Money.
"Financial planning presents tremendous opportunity for lead generation service providers, such as Respond, and this acquisition further strengthens our presence in this space," stated Atul Jain, Chairman and CEO of TEOCO, the parent company of Respond. "This acquisition and Respond’s track record of providing verified and qualified referrals enable us to provide significant value to our clients,” exclaimed Jitin Ahuja, Director of Respond.com.
“Respond combines superior technology with deep knowledge of the lead generation industry to offer a world-class service,” said Thomas Murcko, founder and CEO of WebFinance Inc. "This acquisition will accelerate their progress toward becoming the clear leader in online lead generation."
Since 1998, Respond has been helping consumers find qualified service providers in over 300 categories such as wedding photographers, home contractors, accountants and numerous other professions. Today, Respond has narrowed its strategic focus to several, select industries – including financial services – to ensure they provide quality, verified leads to service providers and establish a strong reputation and market presence in their chosen markets.
ABOUT RESPOND
Respond is the leading online lead referral service that connects purchase-ready buyers with local sellers. Since 1999, over three million consumers have used Respond to find everything from banquet facilities to business loans. Today, Respond covers over a hundred types of services and delivers quality leads to entrepreneurial small businesses. Respond has been a line of business of TEOCO Corporation since 2002.
TEOCO is widely recognized for its commitment to Principled Entrepreneurship with a particular emphasis on alignment of its core values with employees, clients and the community. See more at www.teoco.com.
ABOUT WEBFINANCE
Founded in 1996, WebFinance Inc. is a financial Internet company which designs, builds, and nurtures business opportunities where technology and finance intersect. WebFinance Inc. is the parent company of a thriving family of financial websites whose goal is to help empower individuals to make better financial decisions. Our properties include InvestorGuide.com, InvestorWords.com, and BusinessDictionary.com.
Web Site: http://www.respond.com
Contact Details: 12150 Monument Drive Suite 400 Fairfax, VA 22033 Phone: 703.322.9200 Fax: 703.322.9133
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