 403(b)wise recognizes the importance of wise financial counsel. We know that while participants are quite capable of managing a 403(b) on their own, the 403(b) is just one piece of an individual’s overall financial picture. We also know that many investors appreciate and prefer the personal service offered by a qualified financial advisor. Historically, public 403(b) plans have been serviced by vendor-representatives. Some of these people have been quite good; some have not been. While some have emphasized education, many have emphasized sales. As a result, participants have often been sold unsuitable, high-fee products with onerous surrender charges that benefit the representative more than the participant. As a counter to this model, we are creating a directory of advisors who subscribe to our philosophy of providing quality, objective advice. Our goal is to make the 403(b)wise Advisor Directory the go-to resource for 403(b) participants looking for sound, objective financial service. |
| Advisor Requirements for Directory Inclusion |
In order to provide the type of quality, objective financial service participants deserve, 403(b)wise is setting the bar high for inclusion in the Advisor Directory. In order to be included, advisors must:
- Hold the CFP® designation
- Be a Registered Investment Advisor (RIA) — We are not at this time accepting Registered Representatives or Dual Registered Representatives
- Understand the workings of the 403(b), including the requirements of the new regulations.
- Not sell products with loads or surrender charges
- Pledge to act as a fiduciary for clients
- Be willing to provide clients generated from this listing with answers to the 403(b)wise Advisor Questionnaire (pdf)
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| Cost for Listing |
The price for listing on the 403(b)wise Advisor Directory will be $249 per year or $399 for two years. However, the first 25 qualified advisors to sign up will get our introductory rate of $199 for one year or $299 for two years.
We also offer company-based listing options. Please use our general contact form if you would like to inquire about these options and related costs. |
| What You Get |
| Prominent listing on the recently redesigned 403(b)wise, the leading source for news and information on the 403(b) retirement plan. More importantly, you will gain association with an organization that participants and employers have come to trust for participant-centric advocacy, news and information. |
| Listing Details |
Each listing will include the following information:
Advisor Name
Financial Designations
Company Name
Address
Contact Numbers
IARD/CRD or SEC #
CFP #
Up to 200-word description of self and services
See our sample individual advisor listing and our sample company listing. |
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