Retirement Advisor Confidence Index
The RACI is created from a monthly poll of Financial Planning's Executive Research Council, an online community of more than one thousand tax and accounting professionals, who are asked to provide their short-term and mid-term estimates of the growth prospects of their own firms, their small, midsized and large business clients, and of the U.S. economy as a whole. Their responses are weighted and averaged to produce the RCI, with the most prominence given to the forecasts for their small-business clients (with a weighting of 4), followed by midsized clients (3), large clients (2), and their own firms and the economy (1 each).
Members of the ERC are also polled about a range of other issues and topics, from best practices in running an accounting firm to their use of the latest technology, and much more, with the results reported monthly.
Ask the Experts is an educational video series, hosted by Financial Planning that features an engaging Q&A with financial and retirement industry experts. This series, sponsored by Guardian, addresses questions and discusses how financial planners can succeed in today's 401(k) marketplace, including small-market needs, strategies, service and support as well as resources. Watch these videos to learn more.
Check out Guardian's additional resources:
> Large Plan Services for Small Plan Clients
> Help Plan Sponsors Understand their Fiduciary Responsibilities
> Learn More about Guardian Retirement SolutionsTM