Firms Partner on Practice Diagnostics Tool

Three retirement research and education firms released a business diagnostics report providing guidance on how to build a successful group retirement advisory practice.

The report, titled “401(k) Legends Business Diagnostics Report,” covers 25 disciplines related to a plan adviser’s business operations. Users access the report online, where they are invited to complete a survey on their own business practices. Inputs are compared against a normative database, and a diagnostic report is prepared and made available to the adviser.

A brief presentation on the report can be accessed here.

Firms contributing to the report include Retirement Research Inc., KnowHow 401(k) and Business Health.