Workshop #5 and #11: Economics of Plan Profitability

Tuesday, April 30, 2013 -
9:30am to 10:30am

Session type:

How many of your plans are actually profitable? As a business leader, maintaining a profitable practice is critical to your long-term success and future business growth. In this session, you will learn how to factually analyze your retirement plan’s business using a plan evaluation tool including revenue potential, cost to servicing the business, creating a disciplined approach to shaping your prospective efforts, and analyzing new business opportunities. You also will gain insights into the variable elements that impact potential revenues or costs and the relative “weight” impact on the overall profitability picture.