RESEARCH |
2017
PLANADVISER Retirement Plan Adviser Survey
When choosing recordkeepers and investment managers, advisers focus on their preferred firms
Reported by PLANADVISER
| Art by Red Nose Studio
Providers
Paychex
| Qualified plan adviser votes | 106 |
| OVERALL PERCEPTION AMONG QUALIFIED ADVISERS | |||
|---|---|---|---|
| Very favorable | 1% | ||
| Somewhat favorable | 30% | ||
| Not favorable | 63% | ||
| No opinion | 6% | ||
| Plan adviser experience with provider | |||
|---|---|---|---|
| Worked with many times | 35% | ||
| Worked with a few times | 42% | ||
| Worked with once | 13% | ||
| Never worked with | 10% | ||
| Top 10 service categories | |||
|---|---|---|---|
| 1 Overall service to micro plans | 2 votes | ||
| 1 Fee structure for advisers | 2 votes | ||
| 3 Value-added adviser services | 1 vote | ||
| 3 Adviser support post-sale | 1 vote | ||
| 3 Wholesalers | 1 vote | ||
| 3 Value for price | 1 vote | ||
| 3 Plan participant support | 1 vote | ||
| 3 Overall service to small plans | 1 vote | ||
| 3 Supporting materials | 1 vote | ||
| 3 Adviser sales/marketing support | 1 vote | ||