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View More Press Releases by Northwest Plan Service [NWPS]

Press release:

Northwest Plan Services Ranks Number 1 in Asset Growth

Issued by: Northwest Plan Service [NWPS]

Date: Aug. 4, 2017

Northwest Plan Service (NWPS) is pleased to rank as the fastest growing national recordkeeper as measured by assets under administration (AUA) with a 59.6% increase over their 2015 numbers, according to the just released PLANSPONSOR Magazine 2017 Recordkeeping Survey.  The firm went from $14.5B to $23.2B in AUA.

NWPS has participated in this survey since 2013, and their national ranking (as measured by AUA) has moved up from their debut in 2013 at #43 to this year’s ranking of #30.  Over that time, NWPS has passed over many of their better known, national competitors.

According to Tim Wulfekuhle, President and CEO, NWPS is growing for a number of reasons:

  1. We take care of our clients. It is much easier to grow the business with very high retention.  Our survey results demonstrate our client satisfaction.
  2. Strong referral network. Clients, former clients, ERISA attorneys, auditors, etc.  If you do good work, people notice and will recommend you.
  3. Great advisor network. NWPS has many strong, sophisticated, independent RIA partners who we work with on many plans.
  4. Industry trends. Recent industry focus on fiduciary best practices favors NWPS’ 100% transparent, headcount-based, fee-for-service pricing model.
  5. Great team: Except for the industry trends, all of these growth drivers are the result of our people. NWPS consultants and analysts are committed to doing the right thing for our clients, even when it is the hard thing to do. We are committed to long-term, client-centric relationships and we are rewarded with high retention and referrals.  It all flows from the team.
For complete results of the PLANSPONSOR survey, visit  http://www.plansponsor.com/2017-Recordkeeping-Survey/

NWPS works with advisors, search firms and partners via a cadre of retirement plan professionals stationed around the county including in Seattle, WA, Chicago, IL, Baltimore, MD, Philadelphia, PA and Atlanta, GA.

View More Press Releases by Northwest Plan Service [NWPS]


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