TIAA-CREF Recruiting RIAs To Advise Its Retirement Plan Participants

 

CREF's Advisor Network is now soliciting interest from advisors who want to serve as charter members of the program. 

 

In return for a fee paid to the Center for Due Diligence, members of the network get pre-certification as qualified fiduciary advice providers -- definitely a plus given the regulatory upheaval in the ERISA space -- not to mention referrals and support from TIAA-CREF itself.

 

Right now, the principals envision the program as being fairly exclusive, but once the training wheels come off early next year, TIAA-CREF wants to take the network national. 

 

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