RESEARCH |
2015
PLANADVISER Recordkeeper Services Guide
Reported by PLANADVISER
Providers
Charles Schwab
| DC Assets ($MM) | $115,447 |
|---|
| % OF ASSETS BY CHANNEL | |
|---|---|
| Direct | 20% |
| Third-party administrator | 0% |
| Traditional institutional consultant | 80% |
| Adviser/Broker | 0% |
| 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 | |
| ~Reflects the nature of Charles Schwab’s relationship with consultants/advisers with respect to the firm’s full (bundled) recordkeeping services business line. |