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
Bank of America Merrill Lynch
| Qualified plan adviser votes | 59 |
| OVERALL PERCEPTION AMONG QUALIFIED ADVISERS | |||
|---|---|---|---|
| Very favorable | 25% | ||
| Somewhat favorable | 25% | ||
| Not favorable | 39% | ||
| No opinion | 10% | ||
| Plan adviser experience with provider | |||
|---|---|---|---|
| Worked with many times | 8% | ||
| Worked with a few times | 32% | ||
| Worked with once | 11% | ||
| Never worked with | 49% | ||
| Top 10 service categories | |||
|---|---|---|---|
| 1 Overall service to large plans | 11 votes | ||
| 2 Overall service to midsize plans | 10 votes | ||
| 3 Overall service to small plans | 7 votes | ||
| 4 Plan sponsor support | 6 votes | ||
| 4 Adviser sales/marketing support | 6 votes | ||
| 4 Overall service to mega plans | 6 votes | ||
| 7 Reputation | 5 votes | ||
| 7 Adviser support post-sale | 5 votes | ||
| 9 Plan participant support | 2 votes | ||
| 10 Value for price | 1 vote | ||