Full services brokers were the most popular advisors, with 11% of survey respondents saying they used the professionals to help with managing their plans.
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Only 53% of defined contribution plan retirement participants use an advisor, according to a recent Spectrem Millionaire Corner study entitled “Advisor Usage among DC Plan Participants.” So reports Millionaire Corner.
Full services brokers were the most popular advisors, with 11% of survey respondents saying they used the professionals to help with managing their plans.