Are High Fees Giving You a Fright?

Posted by PlanFees on Oct 26, 2023 8:19:00 AM

It's that time of year again when, dark forces are looming and the ghouls and goblins are hiding in every corner waiting to strike. You may be safe... but your heart begins to beat faster as you feel them getting closer. But it's not the monsters; it's the high fees haunting your retirement plan. High fees can be the fuel of nightmares, complete with the threat of losing clients and the horrors of litigation for advisors. Luckily, there is a way to make your high fee fears to vanish before your client's very eyes like a shadowy figure disappearing into the night... Plan Fees.

Unmasking the High Fee Nightmare

High fees can be the monster hiding under the bed for retirement plan advisors. They can erode your clients' returns, tarnish your reputation, and leave you vulnerable to legal disputes. In a world where cost-efficiency and transparency are crucial, being haunted by high fees is a dreadful nightmare. Through all the terror, however, there is a beacon of light; Plan Fees offers a powerful fee benchmarking platform that can help you confront this fear and emerge victorious.

Prism Total Fees Benchmarking: Your Secret Weapon

Take a look through the crystal ball into the possibilities of accurately assessing how a plan's investment, administrative, record-keeping, and advisory fees stack up against those of similar plans in just minutes. That's the magic of Prism Total Fees Benchmarking. This spell gives you the power to shed light on the darkest entities hiding in the shadows of fee-related anxiety. With this benchmarking platform, you can prove that your magical fees are competitive and fair.

Prism 365: Sink Your Teeth into Comprehensive Benchmarking

What if you had the power to benchmark 15 advisory services and frequencies across five key performance areas and not just fees? Joining our monster mash... Prism 365, a feature that every retirement plan advisor can sink their teeth into. This incredibly powerful spell lets you show your clients a glimpse of their fortune; that you're not just managing their retirement plan, you're excelling at it. From investment performance to participant engagement Prism 365 is the perfect potion for success.

RFP Express: Your Shortcut to Accurate Quotes

Building your book of spells can be a fearsome task, especially when you're fighting off the high fee fears. With RFP Express, you can sink your teeth into exclusive pricing scenarios from the industry's top creatures. Get monstrously accurate quotes from names you know and trust, and generate custom pricing in 24 to 48 hours. This efficient potion not only saves you time but also ensures that you're casting the most competitive spells for you clients.

Banish the High Fee Ghouls

There are enough things to be scared of every Halloween and all the days in between, but high fees don't have to be one of them. You can confidently face the phantom of high fees, unveil your worth as an advisor with an eerie expertise that chills to the bone, and put your client's fears to rest with Plan Fees. So, when the horror of high fees creeps out to you from the shadows, remember to benchmark better with Plan Fees. Don't let the high fee ghouls and goblins haunt your retirement plan; banish them with the power of accurate benchmarking and transparent pricing.

Topics: Fees