Fred Barstein, contributing editor to WealthManagement.com's RPA channel, invites retirement industry thought leaders to answer three probing questions on critical issues, providing an open, honest and candid dialogue.
This week, we host Dan Beck, CEO and co-founder at 401Go Strategies, asking:
- How can the 401k recordkeeper industry figure out how to serve the explosion of small 401k plans but also deal with declining fees, rising costs and demand for more services?
- You come from the e-commerce industry where you said margins were a “strong” 2%-3%. What lessons have you learned that are transferable to the 401(k) industry?
- You started 401Go in 2019 and recently raised $12M in Series A funding – what niche does 401Go fill?