401(k) Fridays Podcast

Episode Description You might be asking yourself, what else is there and why should I consider any investment vehicle other than a mutual fund?  Well, if those thoughts passed through your head, this episode is a great way to get answers to those questions!  To explore the topic I have Jeff Kletti, a CFA and the Senior Vice President of Investments at Wells Fargo Institutional Retirement Trust with me today.  With all of the attention and focus on 401(k) plan fees and the rapid improvements in technology, alternative investment vehicles such as Collective Investment Trusts, commonly referred to as CITs, Separate Accounts and Exchange Traded Funds otherwise know as ETFs are gaining more assets each year within 401(k) plans.  We start with thoughts on why retirement plan sponsors are even entertaining investment vehicles beyond traditional mutual funds.  Then we unravel how they are either similar or different from mutual funds.  Jeff also provides great questions for plan fiduciaries to ask when exploring alte