Jeffrey Snider, Host with BRN AM, talks to Vern Cushenbery, CFA, CPA. They discuss what a Managed Account is, scaling these services to reach participants, how Mr. Cushenbery got on the path to building his own platform, and much more about the nuts-and-bolts.
Target Date investment solutions dominate most DC plans and are the driver of more than 1.7 trillion dollars in assets, according to MorningStar Research. While the benefits of Target Date as a QDIA are well known, is it possible for advised plans to do better?
Maintaining wellness and having a customized investment approach to retirement are regarded as highly desirable goals by many Defined Contribution participants. Yet, many advisors find that these goals are outside of their ability to provide. So, what can we do about that?