Fred Barstein
Fred Barstein, founder and CEO of The Retirement Advisor University and The Plan Sponsor University, offers insights on the business of retirement plan advisers.
Fred Barstein, founder and CEO of The Retirement Advisor University and The Plan Sponsor University, offers insights on the business of retirement plan advisers.
Wealth managers risk losing key clients and sacrificing business leads if they don't work with 401(k) plans.
Clients may be willing to pay more money for certain services as long as they're positioned correctly.
Collective investment trusts also have the potential to fuel a new wave of lawsuits against advisers.
Plan advisers and record keepers that don't adjust will be left behind.
Record keepers and less experienced plan advisers are putting up road blocks for 401(k) specialists.
Advisers will have to make some tough calls — for clients and for themselves
Retirement plan businesses that ignore this necessity will be left behind
Wealth managers may scoff at 401(k) clients, but they become susceptible to losing current clients as a result.
A confluence of factors is poised to marginalize advisers providing 401(k) services over the next three years.
It's all about convergence, and those who leverage it will reap the rewards
