NEW YORK - Fee-based independent advisers, so far, are winning the retirement income race, beating out mutual fund companies, brokerages and insurance firms in the quest to conquer the 77 million Baby Boomers' estimated $17 trillion in retirement savings and total $90 trillion net worth.

The reason independent advisers are ahead of the game is simply because they are in the best position to provide personal attention and select the right mix of products for clients whose retirement income objectives are individual, complex and will increasingly include a comprehensive variety of advisory services-including guaranteed income, healthcare, long-term care, optimal tax management, estate planning and safely tapping into their home equity.

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