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.

Empower wins Apple's $3.5-billion 401(k) account from Schwab



Print Friendly and PDF

HighTower adds two battle-hardened T. Rowe generals to the 401(k) field



Print Friendly and PDF

The great 401(k)-or-not debate: RIABiz webinar lays out the perils and rewards for RIAs thinking of wading into the fast-moving 401(k) stream



Print Friendly and PDF

The second-largest 401(k) provider drops 'Great-West' for 'Empower'



Print Friendly and PDF

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


Browse All Archives


2014


    December
    November
    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 »

Shirl Penney [l.] listens to Bernie Clark (far r.) response as Mike Durbin and Mark Tibergien listen in.
20 shares
Schwab, Fidelity and Pershing custody chiefs square off in Vegas but not before a private meeting in San Francisco

Envestnet's John Phoenix and Brian Hamburger clap hands at the high-energy confab
17 shares
The MarketCounsel Summit gets the RIA business out of its shell

Fresh, ripe but just the same. Differentiation is the advisor's big challenge.
9 shares
Why advisors fail to close prospects -- according to advisors

Knut Rostad: Tony ... note to self: ‘Listen to Chuck, Jack and David.’
2 shares
What Tony Robbins should remember when he talks 'fiduciary'

Jon Stein: Efficiency is streamlined, but with human checks throughout the process.
2 shares
How to hold 1,000 hands: Robo CEOs lay out a stark choice for traditional advisors at MarketCounsel Summit

sponsored by:

Get the RIABiz Today
Email Alert »