--- title: PlanFees | News | Financial Wellness description: Financial Wellness | Keep up on the latest news from PlanFees, a better way to benchmark retirement plan fees --- # News Select Category Fees Fee Benchmarking Benchmarking PlanFees ERISA Financial Professionals Insider Litigation Financial Wellness RFP Express Prospecting 401(k) Retirement Plan Advisor Fee Benchmarking Advisor Fee and Service Benchmarking News Market Volatility Press Release Posts about: ## Financial Wellness ![Compass with Greenery](https://news.planfees.com/hubfs/compass-with-greenery-behind-.webp) [Financial Wellness,](https://news.planfees.com/tag/financial-wellness) [Fees](https://news.planfees.com/tag/fees) ### [Navigating the Fee Conversation With Plan Sponsors](https://news.planfees.com/navigating-the-fee-conversation-with-plan-sponsors) Broaching the topic of fees with plan sponsors is a data-fueled art. Transparent fee conversations can help build trust and contribute to a plan’s long-term success. As an advisor, your ability to broach fee discussions effectively — and with finesse — can elevate your practice and help you win new business.  [Read More](https://news.planfees.com/navigating-the-fee-conversation-with-plan-sponsors) ![Multi color mini hearts](https://news.planfees.com/hubfs/multicolor-mini-hearts-.webp) [Financial Wellness,](https://news.planfees.com/tag/financial-wellness) [Fees](https://news.planfees.com/tag/fees) ### [Build Stronger Client Relationships With Greater Fee Transparency](https://news.planfees.com/build-stronger-client-relationships-with-greater-fee-transparency) On Valentine’s Day, it’s customary to express caring with a gift of chocolate and roses. But you may get some funny looks if you try that with plan sponsors. When demonstrating your commitment to clients, what you really want to offer them isn’t flowers or foil-wrapped bon bons — it’s fee transparency. That’s because trust is the cornerstone of most lasting relationships, even those steeped in fiduciary responsibility. [Read More](https://news.planfees.com/build-stronger-client-relationships-with-greater-fee-transparency) ![New years resolution notebook](https://news.planfees.com/hubfs/new-years-resolution-notepad-WebP.webp) [Financial Wellness](https://news.planfees.com/tag/financial-wellness) ### [Resolutions to Elevate Your Advisory Practice in the New Year](https://news.planfees.com/resolutions-to-elevate-your-advisory-practice-in-the-new-year) As the new year unfolds, it brings with it exciting opportunities for renewal and change. And retirement plan advisors are no exception to this season of transformation. Here are a few resolutions that can help guide your professional practice to new heights in 2024.  [Read More](https://news.planfees.com/resolutions-to-elevate-your-advisory-practice-in-the-new-year) ![Man holding presents stacked high](https://news.planfees.com/hubfs/man-holding-presents-stacked-high-WebP.webp) [Financial Wellness](https://news.planfees.com/tag/financial-wellness) ### [What's on Your Plan Sponsor Gift List](https://news.planfees.com/whats-on-your-plan-sponsor-gift-list) With all of the chaos surrounding the holidays, it can be hard to find our loved ones a gift they'll truly love. Fruit cakes, stress balls, and gift cards may seem like a good idea at first, but in the world of financial advisory it's the gifts of service throughout the year that truly matter. In order to ultimately strengthen relationships and pave the way for more successful financial outcomes, we will discuss ways in which advisors can go beyond the seasonal offerings and provide value to their clients. [Read More](https://news.planfees.com/whats-on-your-plan-sponsor-gift-list) ![View of skyscrapers from the ground up](https://news.planfees.com/hubfs/skyscrapers-WebP.webp) [Financial Wellness,](https://news.planfees.com/tag/financial-wellness) [Fees,](https://news.planfees.com/tag/fees) [RFP Express](https://news.planfees.com/tag/rfp-express) ### [Tackling High Fees With Prism & RFP Express](https://news.planfees.com/tackling-high-fees-with-prism-rfp-express) Ensuring that PlanFees are reasonable is one of the most important responsibilities as a retirement plan advisor. Excessive fees can negatively impact retirement savings, impacting plan performance and possibly resulting in legal issues. Having reliable tools at your fingertips is essential for executing your fiduciary duty in an efficient and effective manner. We will go over how advisors can be supported by Prism Total Fees and RFP Express to perform fast fee audits, identify the underlying causes of excessive fees, and implement practical measures to control and openly discuss fees. [Read More](https://news.planfees.com/tackling-high-fees-with-prism-rfp-express) ![Woman in cafe at computer](https://news.planfees.com/hubfs/woman-in-cafe-at-computer-WebP.webp) [PlanFees,](https://news.planfees.com/tag/planfees) [Retirement Plan,](https://news.planfees.com/tag/retirement-plan) [Financial Wellness](https://news.planfees.com/tag/financial-wellness) ### [The Advisor Toolkit for Small Business Retirement Plan Success](https://news.planfees.com/the-advisor-toolkit-for-small-business-retirement-plan-success) As a retirement plan advisor, you know small business clients can face unique challenges. With typically fewer resources to dedicate to managing retirement plans, they may rely even more heavily on your expertise and resources to guide them. For that reason, you need to be particularly mindful of efficiency — and equip yourself with the best tools available. Leveraging PlanFees’ suite of benchmarking solutions can help you provide a higher level of service without dedicating copious man-hours to help ensure clients’ plans stay competitive and compliant. [Read More](https://news.planfees.com/the-advisor-toolkit-for-small-business-retirement-plan-success) ![Old couple in the woods holding hands](https://news.planfees.com/hubfs/old-couple-in-woods-WebP-1.webp) [Financial Wellness,](https://news.planfees.com/tag/financial-wellness) [401(k),](https://news.planfees.com/tag/401k) [Fees](https://news.planfees.com/tag/fees) ### [Mastering the Financial Horizon Key Changes for 2024](https://news.planfees.com/mastering-the-financial-horizon-key-changes-for-2024) With the new year approaching, significant shifts within the financial industry are set to impact tax strategies and retirement planning. The IRS has introduced multiple adjustments, from increased contribution limits to expanded income ranges, shaping the financial terrain for the coming year. Let's delve into the highlights of these changes and explore their potential implications for your financial decisions. [Read More](https://news.planfees.com/mastering-the-financial-horizon-key-changes-for-2024) ![Hand holding water ceremony offering cup](https://news.planfees.com/hubfs/water-ceremony-offering-WebP.webp) [Financial Wellness,](https://news.planfees.com/tag/financial-wellness) [Fees](https://news.planfees.com/tag/fees) ### [Personalize Your Advisory Offering](https://news.planfees.com/personalize-your-advisory-offering) In the continually evolving retirement plan space, tailoring your advisory services to the specific needs of plan sponsors can distinguish you in a competitive field. Every plan is influenced by a plethora of factors, all of which can dictate both its requisite advisory services and fees charged. Offering a personalized touch is non-negotiable for advisors who want to grow their book.  [Read More](https://news.planfees.com/personalize-your-advisory-offering) Cookie Settings