NAPA Net - Polling Places 093016

Will Your Fees/Services Change Next Year?

There’s been a lot to focus on in recent months; the fiduciary regulation, a new wave of excess fee litigation, and continued consolidation in the industry. As you look ahead to next year, what, if any changes do you anticipate in the fees you charge, and the services you provide?

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* 1. Do you expect to charge more for your services next year?

No changes anticipated

No changes anticipated for existing clients, but will change for new clients

Same services, but charge more.

Same services, moving to fee-based.

Dropping or pulling back on some services.

Expanding and/or adding services

Don't know yet.

Other (please specify)

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* 2. If you’re planning to charge more for the same services, how much more (on average)?

Less than 5%

5% to 10% more.

10% to 15%

More than 15%

Not planning any change in charges.

Other (please specify)

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* 3. If you’re planning to charge NEW clients more for services, how much more?

Less than 5%

5% to 10% more.

10% to 15%

More than 15%

Not planning any change in charges.

Other (please specify)

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* 4. If you’re dropping or pulling back on services, which one(s)?

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* 5. If you’re planning to charge more for which services, which one(s)?

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* 6. If you’re expanding and/or adding services, which one(s)?

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* 7. Are any of your projected changes a result of the fiduciary regulation?

Yes, all of them.

Yes, most of them.

Yes, some of them.

No.

Comments?

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* 8. Any other comments changing fees and services, not changing fees and services, thinking about changing fees and services, or the things that are making you think about changing fees and services?

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* 9. What is your role working with retirement plans?

Advisor

Provider

TPA

Plan sponsor

Recordkeeper

Other (please specify)

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* 10. What size plans do you PRIMARILY work with?

Under $10 million in assets

$10-$20 million

$20-$50 million

$50-100 million

$100 million - $250 million

$250 million - $500 million

Above $500 million

Other (please specify)

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* 11. Suggestions for future survey questions?

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* 12. All responses are anonymous and confidential, of course - but if you'd like me to know who you are, or allow for a response, you can leave your email below...