Due diligence requires that fiduciaries monitor the performance and suitability of their plan providers on a regular basis.
Tag: Practice management
Knowing the audience and customizing presentations for specific participant groups are the keys to having an effective participant meeting, according to a panel of industry professionals at PLANADVISER’s National Conference 2007 in Orlando, Florida, this week.
The fifth of seven ineffective habits of retirement plan advisers
The greater the percentage of assets an investor has invested, the more likely he is to adopt the new solution-oriented products and services emerging from investment product providers and financial advisory firms.
The fourth of seven ineffective habits of retirement plan advisers
This September, PLANSPONSOR will again open its annual nomination process for its Retirement Plan Adviser and Adviser Team of the Year awards.
The third of seven ineffective habits of retirement plan advisers
Don’t assume your clients are comfortable with fees just because they don’t say anything.
The second of seven ineffective habits of retirement plan advisers
Participants’ mood about their financial future has fallen off significantly during 2007 but sponsors can encourage participants to meet with advisers and construct or reconstruct a retirement savings plan to help keep participants optimistic.
The Board of Directors of Certified Financial Planner Board of Standards Inc. (CFP Board) has revised the ethical standards for CFP professionals, requiring them to 'at all times place the interest of the client ahead of his or her own.'
Nearly half (42%) of plan sponsors do not have a relationship with a financial adviser.
Every adviser needs to think about what they are known for and what they would like to be known for.
Are you getting a fair reward for your labor and risk?
Edward Jones ranks highest among 10 financial investment firms in satisfying their financial advisers, receiving particularly high ratings from advisers in support, people and firm performance.
The first of seven ineffective habits of retirement plan advisers.
Advisers who help clients put together a formal retirement income plan end up with more assets – and more referrals - from more satisfied customers.
Fee-based practices are growing, with 46% of advisers adopting that pricing structure, an increase of 35% over the past five years.
Married men and women participating in a recent survey agreed that the top two reasons for turning to a financial adviser are to prepare for retirement (58% of men and 63% of women) and investment planning (55% of men and 56% of women).
This is the first in a series of eight columns, appearing the first Thursday of each month, by Matt Smith, managing director of retirement services with Russell Investment Group.