“RPAG is the logical growth catalyst for my DCP studies because it brings the added intellectual capital and efficiency necessary to improve existing products, as well as develop and distribute new concepts for the retirement industry," explains Cormier
Aliso Viejo, CA (PRWEB) March 4, 2011
Retirement Plan Advisory Group, (RPAG) the largest, independent alliance of retirement plan advisors in the country, announces the acquisition of the 401(k) industry’s iconic DCP (Defined Contribution Plan) Suite of Studies, conducted by Warren Cormier, and now in its twelfth year of distribution. As the founder of DCP, Cormier will continue as its president. The annual studies profile 35 to 40 DC market leaders, applying the research to enhance their strategic planning efforts and gauge their position in the DC industry.
The Cormier DCP Suite of Studies affords retirement plan service providers a 360-view of their clients’ (i.e., plan sponsors, participants, and advisors) perceptions of them. These competitive intelligence reports focus on product and service quality, brand image, and client loyalty. DCP also tracks and monitors current market trends to provide the industry a view over the DC horizon. Many users indicate game-changing effects, prompting shifts in strategic focus and changes in competitiveness.
In 2011, RPAG intends to expand the DCP suite with a first initiative to create and distribute a summary report of service provider data for the retirement plan advisor community. RPAG and DCP will also be adding advisors’ perceptions of major DCIOs as a pivotal enhancement to the existing studies.
“RPAG is the logical growth catalyst for my DCP studies because it brings the added intellectual capital and efficiency necessary to improve existing products, as well as develop and distribute new concepts for the retirement industry. RPAG’s platform is built on a commitment to excellence and staunch neutrality, which insulates the integrity of our work,” explains Cormier.
“Warren is the pre-eminent scientist and statistician of our industry. Together, we hope to brighten the lights on the runway of progress for the retirement plan industry by keeping the focus on thought leadership and best practices,” says Vince Giovinazzo, founder and chief executive officer for RPAG.
Warren Cormier and Vince Giovinazzo first collaborated on PRISM 365, a breakthrough system for advisors to compare and contrast their business behaviors to thought leaders in the advisor channel.
Retirement Plan Advisory Group (RPAG), a wholly-owned subsidiary of National Financial Partners, is currently represented by 300 member firms in 45 states, serving 18,000 sponsors with $60 billion in assets under advisement. Core practice areas include investment due diligence, RFPs & fee benchmarking, fiduciary compliance, employee education, intensive training, sales and marketing resources and business consulting. To learn more, visit http://www.rpag.com.
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