401(k) Real Talk Episode 199: July 1, 2026<\/a><\/p>\nAs one of the largest DC providers, Cap Group has mostly served the small and micro markets. But upgrades to their \u201cbundled\u201d record keeper direct platform along with their partnership with Financial Finesse could signal a move up market which is important as advisors, especially hybrid wealth advisors and many RPAs, look to partner with record keepers who support their efforts to offer wealth services to participants, not compete.<\/p>\n
NEXT STORY<\/p>\n
Brilliant column by Will Prest, the leading RPA tech visionary about how advisors need to become tech plan architects and help plans and participant navigate, integrate and utilize tech esp AI to help streamline admin and improve outcomes.<\/p>\n
Beyond fees, funds and fiduciary, plan sponsors are looking for advisor to help them utilize technology with advisors that lean in enjoying a huge completive advantage.<\/p>\n
Look for more columns from Will on WealthManagement on how advisors can better help clients leverage technology in DC plans.<\/p>\n
FINALLY<\/p>\n
In the 2000\u2019s when ETFs started to explode, a couple of high-flying firms like iShares and NASDAQ announced their intent to enter the 401(k) market. Though there are and were great advantages to ETFs over mutual funds like price, efficiency and transparency, due to record keeper operational challenges, ETFs never took off in 401k plans other than as building blocks within professional managed investments like target date funds.<\/p>\n
Read my WealthManagement.com\/RPA column about how a recent SEC ruling allowing dual share classes would facilitate the entry of ETFs into 401k and 403b plans while eliminating their operational challenges.<\/p>\n
FINISH<\/p>\n
So those were the most important stories from the past week. I listed a few others I thought were worth reading covering:<\/p>\n
Bankers predict flatlining of RIA valuations<\/p>\n
The stark reality of record keepers competing with advisors<\/p>\n
Creative Planning moving into commercial insurance with recent acquisition<\/p>\n
DC industry backs bill to allow CITs in 403(b) plans<\/p>\n
Lessons learned from ERISA litigation<\/p>\n
Please let me know if I missed anything or if you would like to comment. Otherwise I look forward to speaking to you next week on 401k Real Talk.<\/p>\n","protected":false},"excerpt":{"rendered":"Welcome to this week\u2019s edition of 401(k) Real Talk, where Fred Barstein, contributing editor for Wealth Management\u2019s RPA…\n","protected":false},"author":2,"featured_media":531359,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[114,268,85,46,266,267],"class_list":["post-554282","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-il","tag-israel","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/554282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=554282"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/554282\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/531359"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=554282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=554282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=554282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}