Advisor Sales Strategies

As Empower’s new program paves the way for private market investments and BlackRock's CEO calls for more of these assets in 401(k)s, the SEC said it will explore this new investment opportunity, as “there may be risks, as well as benefits, for retirement savers.”

Larry Fink, CEO of the world’s largest asset management firm, supports the $1,000 “Trump Accounts,” a provision in the One Big Beautiful Bill.

The Guiding and Establishing National Innovation for U.S. Stablecoins Act for the first time establishes federal guardrails for stablecoin, which are digital assets pegged to the U.S. dollar designed to maintain a stable value that would be under regulatory supervision.

Weeks after the Department of Labor rescinded its crypto guidance warning for 401(k) plans, four Senators sent a letter to Labor Secretary Lori Chavez-DeRemer, urging her to reinstate that guidance “to ensure retirement security for millions of hardworking Americans.” 

Since the financial advisor’s resignation last month, 20 clients, representing $35 million in assets, have transferred or are in the process of transferring their accounts to Morgan Stanley, according to JPMorgan.

Amid heightened inflation concerns, workplace retirement plans need to go beyond simply offering a 401(k) and match – and must now include ongoing financial advisory, investment planning and income solutions, according to the financial services firm.