Registered investment advisors to plan sponsors are delivering far more support to plan sponsors and participants than their non-registered competition, according TD Ameritrade's 2015 Plan Sponsor Sentiment Survey.
Yet only 28 percent of the 248 sponsors surveyed are working with an RIA, according to the brokerage house, which provides custody services to more than 5,000 fee-based, independent RIAs.
Sponsors were asked what kind of support they receive from the advisors. Questions ranged from the level of education participants receive, to the level of one-to-one advice made available, to the overall level of fiduciary support sponsors receive.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
