With more strategic decisions being made at home offices as retirement plan advisers turn their focus to serving clients, the four recent RPA roundtables revealed the status and direction of the adviser-sold 401(k) market. Each roundtable was unique, with senior ...

Though the chief investment officers at defined-contribution record keepers, aggregators and broker-dealers operate mostly in the background, they play a crucial role in creating the right products for advisers and their clients. CIOs from the leading firms gathered virtually last ...

At a recent Vestwell webinar, I had the privilege of sharing the stage with elite retirement plan adviser Jeanne Fisher, who used a term to describe herself that I thought was not only brilliant, but important, if RPAs are to ...

It seems that there are big winners and losers every decade in the 401(k) market, and the victors in the 2020s are still to be determined. Winners pivot and adapt, leaning into change and not wasting time and energy trying ...

At the fourth annual RPA Aggregator Roundtable and Think Tank last Wednesday and Thursday in New York City and virtually, the focus was on the convergence of wealth and benefits at the workplace and in the industry, and the need ...

In a move that should accelerate the convergence of wealth and retirement at work and concern all RPA aggregators that lack a robust wealth management practice, Creative Planning has acquired Lockton’s retirement division. The transaction, which marks the first time ...

Like a tropical storm threatening to become a hurricane as it picks up power, record-keeper consolidation in the adviser-sold 401(k) market continues. Last week’s announcement that Ascensus was purchasing Newport Group comes on the heels of Empower’s acquisitions of the ...

As the convergence of wealth, retirement and benefits at work gains momentum, the essential issue is how to help employees who can’t afford traditional ongoing financial planning. That’s more than 95% of the workforce. There’s an opportunity to reach people ...

At the heart of the convergence of wealth, retirement and benefits at the workplace are the professionals at broker-dealers who service retirement plans and advisers. Though their work is crucial, these broker-dealer professionals struggle to get the necessary resources and ...

The 401(k) record-keeper industry is following the path outlined in the brilliant 2002 Harvard Business Review article, “The Consolidation Curve,” which predicts that fragmented industries go through four stages of consolidation over a 25-year-period. The process ends with three to ...