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MARCH 24, 2010

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Industry Insight from Fred Barstein
2010 DCP Advisor Study

 

Defined Contribution Plans, Inc. (DCP), the leading research company for DC record keeper client satisfaction founded by Warren Cormier of the Boston Research Group, is launching its 6th annual DCP Advisor Study.  Along with plan sponsors and participants, DC advisors get a unique opportunity to let record keepers know how well they are doing and how they can improve their services to advisors.  This year, major broker dealers will get access to the DCP Advisor Study results to help them determine which providers they should be supporting for their advisor network.ING

 

Advisors that take the 10 minute survey will get instant access to the 2009 DCP Advisor Study, along with access to key support services from 401kExchange like Prospect Goldmine and iScout.  For the first time ever, advisors will get an end of year report summarizing results of all DCP Studies.  This will include the distinguished Over $5 million Plan Sponsor Study, naming which record keepers did well in which areas of service and will be provided in a format that they can share with their clients and sponsors.

 

As record keeping and administrative services becomes more commoditized, advisor support becomes one of the key differentiators.  With record keeper consolidation inevitable, it is essential for the true experts to let the industry know which providers are doing a good job supporting advisors and why.  To take the 10 minute survey, click on 2010 DCP Advisor Study.

 

 

 

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