Level Up Your Prospecting Game With PlanFees

PlanFees helps successful 401(k) advisors “benchmark better” and mitigate fiduciary risk. But you can also use our suite of innovative benchmarking tools to “prospect better,” nurture leads and build your professional practice. It’s as easy as 1-2-3.

1. Prism Total Fees Benchmarking. PlanFees’ fast and easy two-minute benchmark can reveal whether a plan’s fees are low, average or high relative to those of similarly sized plans. Advisors need only enter a handful of data points from a fee disclosure statement. Use Prism as a convenient conversation starter with prospects.
2. Prism365 Advisor Fee & Services Benchmarking. This targeted tool breaks down 15 core advisory services across five key performance areas. It includes frequency of services as well as how advisory fees are charged — whether part of an all-in fee or as an add-on. Customize your report to include all the high-touch services you provide that your competitors don’t.
3. RFP Express. PlanFees’ latest addition to its innovative suite of benchmarking tools allows advisors to generate instant quotes from top service providers, and others within 24 hours. Continue the fee conversation with RFP Express — and turn a warm lead into your next client.

Build Your Book With PlanFees

PlanFees offers many advantages when it comes to identifying prospects, engaging with them and converting them to new clients. Use our suite of tools individually or in combination to win new business and build your book.

Follow up faster with prospects. Timing is everything when it comes to working your sales funnel. That’s why PlanFees helps you benchmark fast, wherever and whenever you need to. You can generate a report on your way to a client meeting, right from your mobile device.

Prevent poaching. You know competitors will approach your clients to see if they can offer lower fees. But you can create stickier clients when you benchmark annually with PlanFees Prism Total Fees Benchmarking. When you do, your clients will know exactly where they stand in terms of their fees. So when another advisor comes calling and asks your client, “Do you know if your fees are reasonable?” they can answer, “Actually I do, because my advisor uses PlanFees.”

Go omnichannel. Integrate PlanFees seamlessly with digital and in-person marketing initiatives such as email and drip campaigns, online webinars and even video marketing. PlanFees benchmarking solutions can also serve as effective engagement tools for in-person meetings and group presentations. Impress prospects by generating instant quotes from top retirement plan providers.

Offer immediate value. What’s the best way to win over a prospect? Demonstrate and provide value straight out of the gate with a fully customized benchmarking report. Give your clients real price quotes from top retirement plan service providers that they can take to their CFO or retirement plan committee.

Learn what successful advisors across the U.S. are doing to build their professional practices. You can subscribe to Prism Total Fees Benchmarking or Prism365 Advisor Fee & Services Benchmarking individually or bundle and save.

Prospect better with PlanFees.