Evaluating ERISA Plan Advisors Part II

As the industry matures and buyers become more knowledgeable, registration status, fiduciary standards, conflict recognition, credentials, association memberships, reasonable fees and value are destined to play a larger role in the advisor selection process. Nevertheless, registration status, compensation methodology and fiduciary standards may not reflect knowledge, experience, expertise and or specialization. In short, buyers of the future will demand and get the whole enchilada.