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How Consolidation and Convergence Are Reshaping the 401(k) Industry
WealthManagement.com
Mar. 12, 2025 "These forces are driven, on the one hand, by the growing demand for plan sponsors to help employees and, on the other hand, for providers and advisors to find additional sources of revenue as plan fees decline.... Major investments in people and technology are required ... [Empower's Rich Linton] claimed that there were 400 record keepers 15 years ago and just 50 today." MORE >> |
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