Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Retirement Planning > Retirement Investing

Nationwide Offers Advisors Fee-Based Pay Options

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, April 28, 2003, 12:23 p.m. EDT – Nationwide Financial Services Inc., Columbus, Ohio, says it plans to introduce an advisory service payment option for non-registered investment advisors and certified public accountants who advise the registered representatives that sell its qualified retirement plans.

Nationwide is offering the fee-based payment option, which it calls the Plan Advisory Service, to non-registered RIAs and CPAs who advise on sales of the company’s Retirement Resource and Retirement Advisor products.

Nationwide sells the products to employers under the Best of America brand name.

RIAs and CPAs will have a choice of several payment options. They can get a flat fee per participant, a flat fee per plan, or a payment based on a percentage of plan assets, Nationwide says. Nationwide will determine the fees for the future quarterly period, then deduct the fees from the retirement plan’s assets.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.