RFPs, or requests for proposal, have long been valued tools in advisors' arsenals. However, over the past several years, RFPs have played a growing role in the hiring of advisors as well. This week, we’d like to know about your experience(s) with RFPs.
At the recent NAPA 401(k) Summit, a new NAPA/TPSU plan sponsor survey noted that one out five plan sponsor respondents and nearly 4 out of 10 plans with $50 million or more in assets had found their plan advisor through an RFP.
This week, we’d like to know if you’ve seen an increase in such RFPs, if you’ve responded to, or been hired as a result of responding to them, and if you think they are the wave of the future.
Respond to this week’s NAPA Net reader poll at https://www.research.net/r/GW5TMKG.
And we’ll wrap things up for you on Friday!
