DC Advisor Practice Management Benchmarking Survey

Question Title

2. Email - We will contact you with questions and to schedule a coaching interview

Question Title

3. Phone

Question Title

4. Your Firm Name

Question Title

5. Your Home Office State

Question Title

6. How many offices does your practice operate out of?

Write in the number of offices:

Question Title

7. Number of States Where you Serve Retirement Plans

2-5

6-10

11+

All

Question Title

8. Do you have a broker-dealer?

Yes, A closely aligned parent organization

Yes, we are the BD

Yes, but we are not closely aligned

Question Title

9. Your business model

Fee Only RIA

Independent or Dually Registered RIA

Bank/Wirehouse FA

Insurance Company Representative

Other (please specify)

Question Title

10. Assets Under Management (AUM)

2025 Total Client AUM for Wealth + Retirement business lines

2024 Total Client AUM for Wealth + Retirement business lines

2025 Retirement Plan AUM

2024 Retirement Plan AUM($877b in database)

Question Title

11. Retirement Plan AUM breadth

Largest plan AUM

Smallest plan AUM

Ideal/Most Profitable plan AUM

Question Title

12. What is your required minimum plan revenue and/or your minimum plan size?

Minimum revenue

Minimum plan size

Question Title

13. What percent of your total revenue comes from each business line? (skip services you don't offer; the sum should be 100% of your revenue)

Retirement Plan Revenue

Wealth Revenue

Corporate Wealth Revenue

Endowments and Foundations Revenue

Risk & Insurance Revenue

Employee Benefits Revenue

Other

Question Title

14. How much revenue for each business line comes from (or is tied to) your retirement plan clients? (Skip business lines you do not service)

	No revenue from retirement plan clients.	< 10% of revenue	11-50% of revenue	> 50% of revenue	NA or unsure
Wealth	Wealth No revenue from retirement plan clients.	Wealth < 10% of revenue	Wealth 11-50% of revenue	Wealth > 50% of revenue	Wealth NA or unsure
Corporate	Corporate No revenue from retirement plan clients.	Corporate < 10% of revenue	Corporate 11-50% of revenue	Corporate > 50% of revenue	Corporate NA or unsure
Endowments and Foundations	Endowments and Foundations No revenue from retirement plan clients.	Endowments and Foundations < 10% of revenue	Endowments and Foundations 11-50% of revenue	Endowments and Foundations > 50% of revenue	Endowments and Foundations NA or unsure
Risk & Insurance	Risk & Insurance No revenue from retirement plan clients.	Risk & Insurance < 10% of revenue	Risk & Insurance 11-50% of revenue	Risk & Insurance > 50% of revenue	Risk & Insurance NA or unsure
Employee Benefits	Employee Benefits No revenue from retirement plan clients.	Employee Benefits < 10% of revenue	Employee Benefits 11-50% of revenue	Employee Benefits > 50% of revenue	Employee Benefits NA or unsure
Other	Other No revenue from retirement plan clients.	Other < 10% of revenue	Other 11-50% of revenue	Other > 50% of revenue	Other NA or unsure

How many plan participants were wealth clients in 2024? In 2025?

Question Title

15. How much retirement plan business in 2025 came from your other lines of business? (Skip business lines you do not service)

	No direct contributions to retirement plan business.	1 plan	2 plans	3-4 plans	5 or more plans
Wealth	Wealth No direct contributions to retirement plan business.	Wealth 1 plan	Wealth 2 plans	Wealth 3-4 plans	Wealth 5 or more plans
Corporate	Corporate No direct contributions to retirement plan business.	Corporate 1 plan	Corporate 2 plans	Corporate 3-4 plans	Corporate 5 or more plans
Endowments and Foundations	Endowments and Foundations No direct contributions to retirement plan business.	Endowments and Foundations 1 plan	Endowments and Foundations 2 plans	Endowments and Foundations 3-4 plans	Endowments and Foundations 5 or more plans
Risk & Insurance	Risk & Insurance No direct contributions to retirement plan business.	Risk & Insurance 1 plan	Risk & Insurance 2 plans	Risk & Insurance 3-4 plans	Risk & Insurance 5 or more plans
Employee Benefits	Employee Benefits No direct contributions to retirement plan business.	Employee Benefits 1 plan	Employee Benefits 2 plans	Employee Benefits 3-4 plans	Employee Benefits 5 or more plans
Other	Other No direct contributions to retirement plan business.	Other 1 plan	Other 2 plans	Other 3-4 plans	Other 5 or more plans

Please explain

Question Title

16. Practice versus Retirement Plan Business Revenue Metrics (2023/24, average large practice revenue was $3.2m; medium practice was $1m; small practice was $400k)

2025 (Total Practice Revenue dollars)

2025 (Retirement Plan Revenue dollars)

2024 (Total Practice Revenue dollars)

2024 (Retirement Plan Revenue dollars)

From this we will calculate and share average growth rates by practice size, by region and other demographic trends. It is confidential, your name will be removed and no individual firm data will ever be shared.

Question Title

17. How is your retirement revenue spent? (Skip those you don't have; should sum to 100% of your revenue)

Salaries and benefits for employees

BD / Home Office Take

Outsourced Service Costs

Technology Costs

Marketing Budget

Owner Take

Charitable Giving

Other, please describe

Question Title

18. Which of the following do you have?

Continuity Plan

Buy/Sell Agreement

Fiduciary Insurance

Written Succession Plan

Cyber Security Plan

Question Title

19. What technology or tools do you use for

Fiduciary file / document storage

Investment monitoring and reporting

Benchmarking data

Plan design analysis

Financial wellness/ participant education

CRM (Customer database)

Other tools you value

Question Title

20. How valuable is your Ai tool

Highly valuable

Waste of TIme

Question Title

21. Which merger activity have you participated in for your retirement plan business?

We merged with another firm

We would consider merging with another firm

We wouldn't even consider merging

We have acquired other firms

We are interested in acquiring other firms

We wouldn't even consider acquiring

If you would like your name added to a list to acquire or be acquired, note your preferences here

DC Advisor Practice Management Benchmarking

1. Full year 2025 Data Gathering

Question Title

* 1. Contact Information

Question Title

* 2. Email - We will contact you with questions and to schedule a coaching interview

Question Title

* 3. Phone

Question Title

* 4. Your Firm Name

Question Title

* 5. Your Home Office State

Question Title

* 6. How many offices does your practice operate out of?

Question Title

* 7. Number of States Where you Serve Retirement Plans

Question Title

* 8. Do you have a broker-dealer?

Question Title

* 9. Your business model

Question Title

* 10. Assets Under Management (AUM)

Question Title

* 11. Retirement Plan AUM breadth

Question Title

* 12. What is your required minimum plan revenue and/or your minimum plan size?

Question Title

* 13. What percent of your total revenue comes from each business line? (skip services you don't offer; the sum should be 100% of your revenue)

Question Title

* 14. How much revenue for each business line comes from (or is tied to) your retirement plan clients? (Skip business lines you do not service)

Question Title

* 15. How much retirement plan business in 2025 came from your other lines of business? (Skip business lines you do not service)

Question Title

* 16. Practice versus Retirement Plan Business Revenue Metrics (2023/24, average large practice revenue was $3.2m; medium practice was $1m; small practice was $400k)

Question Title

* 17. How is your retirement revenue spent? (Skip those you don't have; should sum to 100% of your revenue)

Question Title

* 18. Which of the following do you have?

Question Title

* 19. What technology or tools do you use for

Question Title

* 20. How valuable is your Ai tool

Question Title

* 21. Which merger activity have you participated in for your retirement plan business?

Question Title

* 22. Notes for the research team regarding this section (Or email robin@winmoreplans.com)

1. Contact Information

2. Email - We will contact you with questions and to schedule a coaching interview

3. Phone

4. Your Firm Name

5. Your Home Office State

6. How many offices does your practice operate out of?

7. Number of States Where you Serve Retirement Plans

8. Do you have a broker-dealer?

9. Your business model

10. Assets Under Management (AUM)

11. Retirement Plan AUM breadth

12. What is your required minimum plan revenue and/or your minimum plan size?

13. What percent of your total revenue comes from each business line? (skip services you don't offer; the sum should be 100% of your revenue)

14. How much revenue for each business line comes from (or is tied to) your retirement plan clients? (Skip business lines you do not service)

15. How much retirement plan business in 2025 came from your other lines of business? (Skip business lines you do not service)

16. Practice versus Retirement Plan Business Revenue Metrics (2023/24, average large practice revenue was $3.2m; medium practice was $1m; small practice was $400k)

17. How is your retirement revenue spent? (Skip those you don't have; should sum to 100% of your revenue)

18. Which of the following do you have?

19. What technology or tools do you use for

20. How valuable is your Ai tool

21. Which merger activity have you participated in for your retirement plan business?

22. Notes for the research team regarding this section (Or email robin@winmoreplans.com)