SOURCE: Retirement Playbook, Inc.

June 17, 2013 09:26 ET

Retirement Playbook, Inc. Helps Employers Select Retirement Plan Advisors: Offers Free Service

More Employers Want Knowledgeable Retirement Advisors to Help Improve Results in Their 401k or 403b Plan

NEW HOPE, PA--(Marketwired - June 17, 2013) - Trisha Brambley, President of Retirement Playbook, Inc., a retirement plan consulting firm offering a full suite of services and tools to help plan sponsors select the best provider and advisory firm for their 401k or 403b plan, said today that the firm is seeing an increase in demand for the hire of plan advisors by using a formal Request For Proposal process. "There is an inherent fairness to using a RFP to obtain and compare information about different advisory firms."

"Today's plans typically employ an outside advisory firm to review the plan's investment menu," she says, "but there is a growing desire by companies wanting to hire an investment advisor if they don't already have one, or to replace an existing advisor if they are looking for services beyond what their current advisor can do for them."

About 75% of plans in the US today have a retirement advisory firm, according to the Retirement Advisor Council. Brambley predicts that numbers will continue to rise rapidly due to the advantages of having a top quality advisory firm.

"The right firm can support the employers in fulfilling their fiduciary responsibilities, can leverage their strength to get favorable pricing for the plan's participants, and some can even deploy creative methods to help the participants be better prepared for retirement," Brambley points out.

The process of finding the best advisory firm or plan provider can be a very technical and laborious process. Retirement Playbook, Inc. finds that employers are increasingly turning to the firm's niche in helping the employer run a thorough and structured process for the selection of retirement service providers.

Kevin Boyle, Assistant Vice President with the firm, explains the firm's process for the advisor and provider search processes: "We get the plan committee ready by first talking about their objectives, then preparing a custom Request for Proposal, conducting the interviews and negotiating the deal. A structured process has the best chance for pairing the employer with the advisory firm that can do so much for them and the employees."

Retirement Playbook, Inc. provides advisor and vendor selection and fee benchmarking for Plan Sponsors and financial wellness strategies for participants. The firm announced today they will provide a free sample RFP for an Advisor to any Plan Sponsor that wants one, just visit the website at or email to request one.

Contact Information

  • Contact information
    Trisha Brambley

    P.O Box 172
    New Hope, PA 18938
    Mobile: 267.242.6019
    Office: 215.297.5494