RESEARCH |
2018
PLANADVISER Retirement Plan Adviser Survey
Reported by PLANADVISER
| Art by Muhammad Mustafa
Providers
Bank of America Merrill Lynch
| Qualified plan adviser votes | 45 |
| Overall perception among plan advisers | |||
|---|---|---|---|
| Very favorable | 20% | ||
| Somewhat favorable | 29% | ||
| Not favorable | 47% | ||
| No opinion | 4% | ||
| Plan adviser experience with provider | |||
|---|---|---|---|
| Worked with many times | 16% | ||
| Worked with a few times | 26% | ||
| Worked with once | 14% | ||
| Never worked with | 43% | ||
| Top 10 service categories | |||
|---|---|---|---|
| Overall service to midsize plans | 6 votes | ||
| Overall service to large plans | 6 votes | ||
| Plan sponsor education materials | 5 votes | ||
| Overall service to mega plans | 5 votes | ||
| Web tools for advisers | 4 votes | ||
| Plan sponsor client service | 3 votes | ||
| Overall service to small plans | 3 votes | ||
| Fee structure for advisers | 2 votes | ||
| Web tools for plan sponsors | 2 votes | ||
| Adviser sales/marketing support | 2 votes | ||