For the first time ever
Greenacres, FL (PRWEB) April 30, 2007
The Boston Research Group and 401kExchange have announced the release of the 2007 DCP Advisor Study. Now in its fourth year, the Study profiles advisor satisfaction with the major DC record keepers as well as a profile of the advisors themselves.
"For the first time ever," said Fred Barstein, President and CEO of 401kExchange, "this annual Study will be made available to Broker Dealers that participate in the about-to-be-released DCP Broker Dealer Directory and Study."
Record keepers profiled in the 2007 DCP Advisor Study include:
American Fund, Nationwide Financial Services, BISYS Retirement Services, Newport Group, CPI, NY Life Investment Management, Diversified Investment Advisors, Oppenheimer Retirement Services, ExpertPlan, Paychex, Fidelity, Principal Financial Group, Great West, Prudential Retirement, Hartford Life Insurance Co., Schwab Retirement Services, ING, Securian Retirement Services, John Hancock Financial Services, Standard Insurance Company, Lincoln National Life, Transamerica Retirement Services, MassMutual, Vanguard, MFS/Sun Life, Wachovia Retirement Services.
According to Mr. Cormier, "This study has helped providers to fine tune their advisor services while giving them a competitive benchmark to gauge their progress. Broker Dealers will use the study to determine the strengths and weaknesses of current vendors as well as which new providers they should consider."
Subscribers get access to the results and can profile themselves against major competitors to determine their strengths and weaknesses as assessed by advisors in key areas such as wholesaler support, investments and customer service. Warren Cormier, President of the Boston Research Group, and Fred Barstein, President and CEO of 401kExchange, present the study personally giving industry and competitive insights.
The DCP Broker Dealer Directory and Study, which is scheduled to be released in the 4th Quarter 2007, will profile the top Broker Dealers in the retirement market focusing on their satisfaction with major providers as well as a profile of their services, personnel and key vendors.
about the boston research group - founded by warren cormier, brg is a leading market research company focused on retirement, banking and health care with projects focused on strategic marketing issues, market segmentation, product development, customer satisfaction, distribution issues, competitive assessments, and marketing communications. their work in the defined contribution industry has covered virtually all aspects of the market, covering the issues of plan providers, intermediaries, plan administrators and plan participants. brg is the author of the dcp (defined contribution plans) sponsor, advisor and participant satisfaction and market dynamics study which have become the standard for service quality measurement in the 401(k) arena.
about 401kexchange - founded by fred barstein in 1996, 401kexchange has helped employer plan sponsors, retirement advisors, and 401 (k) service providers make intelligent decisions about retirement plans with industry-leading market intelligence and analysis.
401kexchange provides the information and analytical tools needed to ensure sound, yet cost-effective retirement plans.