For the 2013 list, we
added a new category alongside the individual and team categories: multi-office
team. As for how they are defined: An individual adviser is a single adviser
with one group of clients; a team is a group of two or more advisers in one
office location who collectively serve one group of clients, sharing
relationships and sales and using the same client support team; a multioffice
team is a group of two or more advisers across multiple office locations who
share support staff and follow the same guidelines and procedures to serve
In the pages that
follow, we highlight the quantitative standouts, in terms of dollar value of
qualified plan assets under advisement as well as number of plans under
advisement by individuals, teams and multioffice teams. We also draw attention
to those who have a demonstrable presence, defined as having more than 20% of
their practice (up from 15% or more last year) focused on 403(b) plans, 457
plans, defined benefit (DB) plans or nonqualified plans.
Just how successful are these Top 100 Advisers?
Collectively, the 32 individual advisers represent about 1,985 plans and $44
billion in retirement plan assets, while the 52 adviser teams on the list
collectively serve approximately 3,670 plans and $113 billion in plan assets.
Although there are only 16 multioffice teams, their client lists total 2,645
plans and $91 billion in retirement plan assets.
advisers listed here are taken from entries for the 2013 PLANSPONSOR Retirement
Plan Adviser and Adviser Team of the Year awards. To enter the awards process,
nominees must complete a form providing various details of their practice. The
PLANADVISER Top 100 is based solely on quantitative factors.
Team and Individuals With: