The 2017 PLANADVISER Retirement Plan Adviser Survey, our 11th, re-examines the factors that advisers consider when selecting these key providers, and details the companies they prefer.
Each year, performance remains top of mind for advisers when selecting investment managers.
1 fund family and that retirement plan advisers made the Vanguard S&P 500 Index Fund their top fund to recommend to clients.
When it comes to selecting recordkeepers, value for price is clearly very important to plan advisers, as it received the most votes as the "first," "second" and "first or second" consideration, being cited by 46%, 21% and 67% of advisers, respectively, among a total of 14 criteria they consider when selecting a recordkeeper.
Advisers were asked to rank both their perception of listed recordkeepers and how often they have worked with those recordkeepers.
Methodology: This August and September, approximately 15,000 advisers were asked to respond to the 2017 PLANADVISER Retirement Plan Adviser Survey, developed by this magazine's editorial and research teams.
The role of retirement plan adviser has evolved considerably in the past few years.
Yet, while the job also varies from client to client, most relationships are, in part, founded on an expectation that the adviser will help the plan sponsor with its due diligence: to select and monitor the most appropriate investments and recordkeepers.
CRAIG AGULE, "Responsibility, Reasons-responsiveness, and History." Advisers: David Brink and Dana Nelkin.
DHANANJAY JAGANNATHAN, "The Labors of Wisdom." Advisers: Martha Nussbaum and Gabriel Lear.
ANASTASIA BERG, "The Unity of Reason and Sensibility in Kant's Practical Philosophy: Rational Feeling and Rational Habit." Advisers: Robert Pippin and James Conant.
ANDREW WERNER, "Hegel's Speculative Method." Advisers: Robert Pippin and Jason Bridges.
TUDAN KIYMAZ, "Phenomenal Knowledge of Physical Facts: What Mary Didn't Know about Physicalism." Advisers: Kirk Ludwig and Timothy O'Connor.
BRIAN CARLSON, "Four-Dimensional Nihilism: A New Ontology of Material Objects." Advisers: Clare Batty and Megan Wallace.
MATTHEW MANDELKERN, "Coordination in Conversation." Advisers: Kai von Fintel and Robert Stalnaker.