Financial Advisors Don't Want to Run Your 401(k)

Financial Advisors Don't Want to Run Your 401(k)

Financial Advisors do not want to run your 401(k).Most see it as one of the least desirable accounts

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Andrew Tirney

Mar 11, 2025

Financial Advisors do not want to run your 401(k).

Most see it as one of the least desirable accounts on their book of business.

Fact: the average financial advisor in this country has <2 401(k) clients.

No wonder they don't want to help, they don't know how to do it.

Enter in your favorite Third Party Administrator.

A service company whose only course of business is running 401(k)s.

A (usually) small business just like the client who specializes in starting a plan alongside of the advisor.

A non-producing TPA will not hold or invest the money, but will forge a partnership digitally with the recordkeeper of choice.

Advisors who partner with TPAs simplify the process, and make the 401(k) account a desirable service to their clients.

Meet an advisor with a trusted TPA; feel confident with them running your 401(k).

If you are on the lookout for a great TPA to partner with, DM me --> @drewtirney


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