Prospecting for Group Plans

One of the most successful ways to grow your business is to offer services to manage assets in Group Registered Retirement Savings Plans.

Group plans offer an outstanding opportunity to provide your investment services to local businesses and their employees.

  • The clients for Group Plans are typically the owners of small and medium-size local businesses. This is a great opportunity to establish a reference and generate referrals.
  • Asset bases are very large – Group plans include employer and employee contributions, and assets grow every year with annual contributions
  • Group plans typically do not switch planners.
  • A differentiator in the industry, few advisors are knowledgeable in this area and offer planning services for Group plans.
  • Return expectations are very conservative.

B2B Bank Dealer Services offers industry leading group pension platforms.