News, Vision and Voice for
the Advisory Community
401(k) stories sponsored by:

401(k) Stories


About the 401(k) Stories section:

The days when RIAs were the outsiders at the 401(k) party are fast coming to a close. What's new is that the mass of 401(k) assets is getting critical at about $3 trillion; fiduciary advisors are getting appreciated; fat fees and questionable kickbacks are getting exposed and stepping out of line is getting dicier as the Department of Labor tightens the regulatory screws.

The old reasons why the 401(k) business is attractive are still in place: there are fresh assets pouring in every month and when employees leave jobs or retire, they produce rollovers that build up IRA accounts for financial advisors. The drawbacks of getting into the 401(k) business are still in place, too. Dealing with retirement assets is really a second line of business and it remains -- unless you overcharge with hidden fees -- a low margin business with high potential fiduciary liabilities.

Still, the outsourcers, infrastructure and accumulated knowledge for RIAs to capitalize on is growing daily and a the mega-shift of assets away from brokers is making the 401(k) business riskier and riskier -- to ignore.

How Mariner Holdings is angling to become a $3-billion 401(k) company overnight by co-opting a local SageView office



Print Friendly and PDF

What's behind the sudden exit of Voya's top 401(k) exec, Maliz Beams, and her replacement by the firm's CEO, Rod Martin



Print Friendly and PDF

Bob Reynolds delegates the Great-West 401(k) business to old Fidelity mate after excruciating three-way choice



Print Friendly and PDF

How exactly Fidelity Investments extracted itself from a legal and HR quagmire and why it'll cost far more than the public $12-million amount



Print Friendly and PDF


Browse All Archives


2014


    October
    September
    August
    July
    June
    May
    April
    March
    February
    January

2013


    December
    November
    October
    September
    August
    July
    June
    May
    April
    March
    February
    January

2012


    December
    November
    October
    September
    August
    July
    June
    May
    April
    March
    February
    January

2011


    December
    November
    October
    September
    August
    July
    June
    May
    April
    March
    February
    January

2010


    December
    November
    October
    September
    August
    July
    June
    May
    April
    March
    February
    January

2009


    December
    November
    October
    September
    August

Most Emailed Stories »

Jon Stein: We've been working on it for the last six months. We wanted to wait until tax loss harvesting and trust account support was in place.
17 shares
Fidelity and Betterment sign a deal with Steve Lockshin and Marty Bicknell as groomsmen at the altar

The forecast for the 401(k) business is bright and foggy.
6 shares
What exactly is doable for an RIA in the 401(k) business?

David Stofer: At SageView I had to sell and service clients....I want to be a consultant.
5 shares
How Mariner Holdings is angling to become a $3-billion 401(k) company overnight by co-opting a local SageView office

No rumor: Bill Van Law announces that Raymond James-affiliated RIAs will have access to Hearsay Social.
5 shares
Ray-Jay RIA event produces how-I-did-it talks from four high-achieving RIAs

Trisa Summers: The more I understood the level of transparency ... you have to be really comfortable.
1 shares
Zero Alpha Group fraternity adds a sister to its elite $14-billion DFA RIA club

sponsored by:

Get the RIABiz Today
Email Alert »