RESEARCH |
2016
PLANADVISER Recordkeeper Services Guide
Retirement plan advisers may often find themselves in the role of matchmaker: working with a defined contribution (DC) client to determine which investments and platforms or providers are the best fit. To be in a top position to guide the client, an adviser must keep abreast of the provider community, so as to stay current on what products and services are available to suit each client’s needs.
Reported by PLANADVISER
| Art by Harry Campbell
Providers
Professional Capital Services
DC Assets ($MM) | $3,645 |
---|
% OF ASSETS BY CHANNEL | |
---|---|
Direct | 0% |
Third-party administrator | 10% |
Traditional institutional consultant | 0% |
Adviser/Broker | 90% |
Other | 0% |
ADVISER TYPES USED | |
---|---|
Proprietary or affiliated broker/dealers | |
Nonaffiliated advisers | |
Designated firms |
FEE STRUCTURES | |
---|---|
Upfront commission (front-end load) | |
Finder's fee | |
Ongoing trail/commission | |
RIA fees/Hard-dollar fee | |
ERISA account/budget |
SUPPORT SERVICES FOR ADVISERS | |
---|---|
Access to ERISA counsel | |
Provider search resources/tools | |
DC plan benchmarking | |
DC plan lead generation |