Subscribe

How RPAs can decommoditize their 401(k) services

How RPAs can decommoditize their 401(k) services

Though retirement planning seems so critical to those of us in the defined-contribution industry, just as copy machines seem to their salespeople, plan sponsors may not feel the same.

David Stofer, president at Mariner Retirement Advisors, commented on a recent webinar that he gets annoyed with salespeople offering products not essential to his business — like copy machines — constantly pestering him. Then he had a revelation that maybe 401(k) plan sponsors feel the same way

Subscribe or log in to read the rest of this content.

Related Topics: , ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Covid, convergence, consolidation and the 2021 RPA roundtables

Aggregators realize that in-plan retirement income solutions are needed, while CIOs understand that advisers need to be able to help participants navigate the myriad of benefits offered at work.

Chief investment officers critical to success of DC plans, participants

CIOs from the leading DC record keepers, aggregators and broker-dealers discussed their greatest opportunities and challenges.

RPAs need a new name to reach the next level

While 'retirement plan adviser' has been a good description of those who serve ERISA retirement plans, it's actually quite limiting to focus on the plan, rather than the participant.

Who will win the 401(k) battle in the 2020s?

The start of the 2020s has been dominated by the three Cs — Covid, convergence and consolidation. Government mandates could cause the small and startup plan market to explode, and RPA consolidation has blown up.

RPA aggregators focused on convergence, consolidation and cooperation

Unlike any other industry event, the RPA Aggregator event had no agenda. All participants were focused on the defined-contribution industry’s biggest opportunities and challenges.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print