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Capitalizing on 'unintended consequences' of DOL changes, Ken Fisher pounces on a fat-margin 401(k) opportunity

DOL greased the skids for closed-architecture approach of $60-billion RIA -- as long as it is discloses use of proprietary funds and sets flat fees that apply to them

Thursday, October 15, 2015 – 5:28 PM by Lisa Shidler
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Ken Fisher finally found the 401(k) business to his liking after Ascensus sliced costs and proprietary funds enabled fat profits.

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August 19, 2020 – 2:18 AM

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Mentioned in this article:

LPL Financial
Asset Custodian
Top Executive: Dan Arnold

Ascensus
Third Party Administrator
Top Executive: Bob Guillocheau

Pension Resource Institute, LLC
Compliance Expert
Top Executive: Jason C. Roberts

Retirement Law Group, PC

Top Executive: Jason C. Roberts




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