Austin, TX May 1-2, 2019 For advisor or investment professional use - - PowerPoint PPT Presentation

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Austin, TX May 1-2, 2019 For advisor or investment professional use - - PowerPoint PPT Presentation

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Austin, TX May 1-2, 2019 For advisor or investment professional use only Austin, TX May 1-2, 2019 For advisor or investment professional use only For advisor or investment professional use only Helping a Plan Sponsor Select the Right

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For advisor or investment professional use only

Austin, TX May 1-2, 2019

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For advisor or investment professional use only

Austin, TX May 1-2, 2019

For advisor or investment professional use only

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Helping a Plan Sponsor Select the Right Recordkeeper/TPA

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Requests for Proposal (RFPs)

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Request for Proposal (RFP) Overview

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The RFP Process:

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  • a. Basic Information

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  • b. Select Questionnaire

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  • c. Advisor Investment Recommendations

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  • d. Select and Send to Recordkeepers

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Table of Contents

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  • e. Review R

Repo ponse ses a s and Cust stomize Repo port

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For advisor or investment professional use only

Request for Proposal (RFP) Overview

  • Why do an RFP?
  • Frequency
  • Benefits

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The Request for Proposal (RFP) Process

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Basic Information Select Questionnaire Advisor Investment Recommendations Select & Send to Recordkeepers Review Responses & Customize Report

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Basic Info

  • Client or Prospect?
  • Plan Name & Information
  • RFP Due Date
  • Compensation
  • Demographic Information
  • Investments
  • Plan Challenges, Requirements, etc.

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Select Questionnaire

  • Your Firm’s Questionnaire(s)
  • Mandatory Questions
  • Creating a Custom Questionnaire(s)
  • Requesting Additional Information Not in Question Bank

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Advisor Investment Recommendations The 5 Options for Handling Investments

1. Exclude Investments Entirely 2. Retain the Current Investment(s) 3. Recommend New Investments 4. Send Investment Instructions to Each Provider Separately 5. Show the Current Investments Without Direction (Not Recommended)

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Select & Send to Recordkeepers

1. Allowable Providers 2. Required Number 3. Adding Documents (Questions, Background, Requirements) 4. Adding Directions 5. Copying Others

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Review Responses and Customize Report

1. Timeline/Status 2. Viewing Attachments 3. Selecting Report Sections 4. Changing Order 5. Excluding Providers Who Have Not Submitted Proposal 6. Changing Columns

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For Assistance

ERS RFP Help ersrfp@envestnetrs.com Marie Strolin marie.strolin@envestnet.com RFP Specialist (203) 912-5123

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Questions?

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For advisor or investment professional use only

Austin, TX May 1-2, 2019

For advisor or investment professional use only

Thank You