RESEARCH |
2013
PLANADVISER Retirement Plan Adviser Survey
Advisers reveal their favorite retirement plan partners
Reported by PLANADVISER
Providers
Bank of America Merrill Lynch
| Qualified plan adviser votes | 74 |
| Overall perception among plan advisers | |||
|---|---|---|---|
| Very favorable | 17.6% | ||
| Somewhat favorable | 31.1% | ||
| Not favorable | 50.0% | ||
| No opinion | 1.4% | ||
| Plan adviser experience with provider | |||
|---|---|---|---|
| Worked with many times | 15.3% | ||
| Worked with a few times | 22.4% | ||
| Worked with once | 11.2% | ||
| Never worked with | 51.0% | ||
| Top 10 service categories | |||
|---|---|---|---|
| 1 Overall service to small plans | 8 votes | ||
| 2 Overall service to large plans | 7 votes | ||
| 3 Adviser support post-sale | 6 votes | ||
| 4 Reputation | 6 votes | ||
| 5 Overall service to mid-size plans | 6 votes | ||
| 6 Plan participant support | 5 votes | ||
| 7 Value-added adviser services | 5 votes | ||
| 8 Supporting materials | 5 votes | ||
| 9 Plan sponsor education materials | 5 votes | ||
| 10 Value for price | 4 votes | ||