"The value of the retirement advisor is far greater than marginal investment returns.... The answer lies in how different the 401(k) industry would look if there were no retirement advisors: [1] There would be far fewer plans. Of the over 600,000 plans, 90% to 95% would not exist without the efforts of advisors. [2] Participation rates would be lower. Instead of 87% participation, the no-advisor world would have fewer that 25% of eligible employees participating. [3] Diversified investments would be the exception. Stable value and fixed income investments would dominate. These estimates are not mere speculations but were the facts in the 401(k) marketplace before retirement advisors were active."  MORE >>