Jeff Herman was asked to provide the GSA Business Report and Charleston Regional Business Journal readers with some perspective from an investment advisor’s point of view on the executive order signed by President Trump that allows for alternative investments in retirement accounts.
He explained how it could fundamentally change how retirement plans operate, and, by extension, the new fiduciary responsibilities, employee expectations, and administrative workload employers should expect. In the editorial, he outlines four steps that business leaders sponsoring retirement plans can take to prepare their organizations for offering alternative investments.
Interested in learning more? Check out this blog Jeff wrote on the topic. He is an advocate for alternative investments—they can create balance, stability, and long-term income for clients seeking more than the traditional 60/40 approach. But it’s vital for investors to know precisely what they are signing up for.