Did you see this article in Investment News, "Rollover funds go a-begging"?
If you didn't, and you are a financial advisor who is interested in the rollover market, you should. Today in fact. Unless I am completely mistaken, this seems like it's an incredible educational and marketing opportunity.
In a recent Fidelity Investments Survey of individuals who have left a company retirement plan:
By any measure, the 66% figure is a number that must make the financial advisory community gasp! (Is this even correct? Really hard to believe!)
However, if it's close to true, I would think that forward-thinking financial advisors would be inspired to educate and explain as to why leaving assets in a former employer's plan is a grotesque mistake that unnecessarily complicates one's financial life.
Just wanted to pass this on...