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
Methodology
Methodology. The data here are taken from the 2016 PLANSPONSOR Recordkeeping Survey. The survey questionnaire was distributed to providers of full-service and unbundled recordkeeping for defined contribution (DC) plans, and PLANSPONSOR received 59 complete responses. The questionnaire, which asked for approximately 350 data points on a wide range of provider experiences and capabilities, was available to providers this past April. Except where noted, all data are as of December 31, 2015.
Also note that the tables here offer only a snapshot of selected adviser-related information from each vendor, and the provider list (pages 38-39) includes only the 45 that work with intermediaries in some capacity regarding sales to and servicing of DC plan clients. Additional data for all recordkeepers are available at www.plansponsor.com.. To purchase an Excel spreadsheet containing the full dataset of responses from all 59 providers, please contact Michelle Judkins at mjudkins@assetinternational.com.