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 record keeper industry figure out how to service the explosion of small 401k plans but also deal with declining fees, increasing costs and demand for more service?
- You come from the e-commerce industry where you said margins were a “robust” 2%-3%. What lessons did you learn 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?
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