News, Vision & Voice for the Advisory Community


With fears rising that robo-advisors can disrupt $2-trillion target date fund universe, NextCapital raises fresh $30 million and wins five big customers, but can its software spur widespread TDF adoption?

TDFs are cash cows and asset magnets but also dumb robots in an era of smarter ones and the Chicago-based outsourcer is promising answers -- most recently to Franklin Templeton

Author Oisin Breen September 22, 2020 at 8:59 PM
1 Comment
no description available
Rob Foregger: We’re starting to see demand from TDF providers … [to] help reinvent how they do business.

401(k) Stories


People Moves



Brian Murphy

Brian Murphy

September 23, 2020 — 5:50 AM
I have only one question - how is the NextCapital offering different than Financial Engines? Selling to plan sponsors - check. Installation fee - check, software licensing fee - check, fiduciary liability - (probably) check, revenue share - hmm...I guess that's a new one. Seems like the ability to do either passive, or active, allocation on the fly has been around for years - what's really new here? I guess the case can be made that they can map annuities into their framework...perhaps that's something new. I do think the days of offering valuable advisory services (as opposed to products) is upon us, but is there something "extra" that their offering relative to the Financial Engines offering of 15 years ago?

RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING

RIABiz Directory sponsored by:

Directory Sponsor Logo

White Paper Postings

Common Tags

Recent Articles

Popular Writers

RIABiz logo


About Us




RIABiz, Mill Valley, California
Copyright © 2009-2024 RIABiz Inc. All rights reserved.