Abstract: System and method for ranking the performance of a first portfolio relative to the performance of a plurality of portfolios. Software executing on a server determines a ranking for a first portfolio associated with a first client identifier. The ranking is based on a comparison between the performance of the first portfolio and the performance of the plurality of portfolios. Each of the portfolios is associated with a client identifier. Software executing on the server generates a report based on the first portfolio ranking and transmits the report to the client. The performance ranking may be based on a peer group. Financial advisors are rated based on the performance of portfolios they manage relative to other portfolios in the same peer group.