Benchmarking Advisor Fees & Services
The quality of services plays a role in advisor benchmarking and this is where evaluation gets complicated. Nevertheless, Fred Reish believes advisors can be benchmarked in a legally meaningful way by using considerations beyond assets, different benchmarks and other methods for establishing peer groups. Reish’s exclusive CFDD ’12 keynote on "Benchmarking Advisor Fees & Services From A Legal Perspective" will pioneer new ground by discussing the criteria for category measurement. If embraced, the new approach could change the industry. It could also help retirement plan specialists differentiate and demonstrate their value.