Available since 1958, 403(b) plans have quietly grown into a powerhouse of assets and opportunity for advisors looking to build their business and develop lasting relationships. The market continues to grow, with employment in the educational services sector of the 403(b) market alone projected to increase to about 1.8 million jobs through 20201 and 403(b) assets expected to grow to $1.1 trillion by 20182. As public pensions continue to be under pressure, 403(b) plans may become an even more important source of funds for educators and other public sector employees in building their retirement savings.
Our longtime experience and commitment to the 403(b) marketplace makes OppenheimerFunds a great partner. We can help through our strong:
- TPA relationships
- Product and technical knowledge
- Customer service support
- Tools and resources
In addition, OppenheimerFunds has a strong commitment to high quality investments across a broad investment spectrum. We believe The Right Way to Invest is to make global connections, look to the long term, invest with proven teams and take intelligent risks.
The 403(b) market can make a terrific niche business for financial advisors with the right know-how and mutual fund partner.
Contact your Regional Advisor Consultant at 800.255.2750 today for a list of plans where OppenheimerFunds is an approved provider. This will enable you to see where you can recommend OppenheimerFunds. For plans not listed, we can work with you to introduce us.
1Bureau of Labor Statistics 2012-13 Occupational Outlook Handbook.
2Cerulli Associates, Retirement Markets 2013, Cerulli Quantitative Report.
3Asset Allocation cannot eliminate the risk of fluctuating prices and uncertain returns.
For Institutional Use Only. This material has been prepared by OppenheimerFunds Distributor, Inc. for institutional investors only. It has not been filed with FINRA, may not be reproduced and may not be shown to, quoted to or used with retail investors.
This material is provided for general and educational purposes only, and is not intended to provide legal, tax or investment advice, or for use to avoid penalties that may be imposed under U.S. federal tax laws. Contact your attorney or other advisor regarding your specific legal, investment or tax situation.
Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency and involve investment risks, including the possible loss of the principal amount invested.