Do Your Clients’ International Assets Create Criminal Tax Exposure?Posted April 14th, 2011
Retirement plan sponsors face increasing regulatory scrutiny and significant liability as plan fiduciaries. Can you leverage off these fiduciary concerns and generate advisory business for your firm?
There are a couple of key approaches you can use to address sponsors’ concerns about their fiduciary responsibilities and sell to the plans and their sponsors.
Believe it or not, there are a number of plans that don’t use an advisor—with the plan sponsor choosing to go it alone to save a few dollars. As reported in a previous edition of the Advisor’s Journal, a significant of number of employee retirement plans (19%) don’t use an outside investment advisor.
Read this complete analysis of the impact at AdvisorFX (sign up for a free trial subscription with full access to all of the planning libraries and client presentations if you are not already a subscriber).
For previous coverage of plan sponsor’s fiduciary duty in Advisor’s Journal, see Plan Clients: Where Are the Advisory Margins? (CC 11-63).
For in-depth analysis of qualified retirement plans, see Advisor’s Main Library: Qualified Retirement Plans.