TIAA-CREF understands how important it is that every participant has access to quality advice the way they want it. That’s why we provide a broad range of advice and guidance services for our clients. However, we also know that many clients choose to work with an independent advisor for help with their retirement and other financial goals. For that reason, we created the TIAA-CREF Advisor Network as a way to help our customers select an advisor that has met certain minimum standards.
The TIAA-CREF Advisor Network is a network of pre-screened registered investment advisor firms and investment advisor representatives who have met minimum standards (PDF) developed by independent third-party experts and TIAA-CREF. The Network is provided to assist plan sponsors and participants with the selection of an independent advisor who can provide communication, education and participant-level advisory services for the plan and their participants.
Investment Advisors Representatives that participate in the Network have a standardized profile that is made available to participants in plans that have adopted the Network as an added advice service. These profiles are designed to supplement a participant’s own due diligence when hiring an independent advisor. The Network profile should not be relied upon as the sole resource in making a decision when selecting an advisor. To view profiles of advisors in the Network, click on the "Network Map" on the right, select your state and then select an advisor on the right. If your state is not highligted, we unfortunately do not have Network advisors currently in your state. Please check back with us at a later date, as we work to grow the Advisor Network.
For Plan Sponsors the Network is an additional advice service that can be offered to employees that complements the advice and guidance services offered through TIAA-CREF. It provides plan sponsors with an additional level of confidence that employees have access to advice the way they want it. With more employees having access to advice, the plan should see improved retirement outcomes over time.
For Participants that are looking for an advisor, the Network can help them by providing a starting point for their own advisor search, knowing each advisor has met certain minimum standards. If a retirement plan has adopted the Network, participants in that plan can pay the fees of a Network advisor directly out of their retirement accumulation.
For Advisors that work with plans or participants in the not-for-profit segment, participating in the TIAA-CREF Advisor Network is a great way to strengthen their presence in the retirement marketplace. In addition, Network advisors are afforded a unique opportunity to co-brand with TIAA-CREF under our Network Co-branding Policy.
The TIAA-CREF Advisor Network (Network) is a service that provides plan sponsors and retirement plan participants with information to assist them in selecting independent investment advisers (Advisors) to provide communication, education and participant level advisory services. Participating Advisors are not employees or agents of Teachers Insurance and Annuity Association (TIAA), College Retirement Equities Fund (CREF) or any of their respective affiliates or subsidiaries. TIAA-CREF acts as record keeper for institutional plans and is not a fiduciary to any plan or its respective participants. TIAA-CREF is not making a recommendation or acting as a fiduciary when plan sponsors or participants select an Advisor from the Network, nor is it responsible for the investment advice and other services provided by participating Advisors.
Participating Advisors are required to meet certain minimum criteria developed by the Center for Due Diligence, Fiduciary Risk Assessment and TIAA-CREF. However, participation in the Network should not be construed as an endorsement or guarantee by TIAA-CREF of the services provided by any Advisor. Plan sponsors and participants are free to select an Advisor outside of the Network to provide participant advice or other services.
Plan sponsors and participants should do their own due diligence before hiring an Advisor or any other financial professional. The U.S. Securities and Exchange Commission offers publications such as Investment Advisers: What You Need to Know Before Choosing One and Protect Your Money: Check Out Brokers and Investment Advisers to assist investors. TIAA-CREF shall have no liability or responsibility for any losses arising out of or relating to a plan sponsor or participant’s decision to engage an Advisor. TIAA-CREF does not receive any compensation or referral fees from the Advisors participating in the Network.