Each episode offers employers candid, in-depth interviews with industry experts, new best practices and valuable perspectives on current events.
Part 3 of 3: Fundamentals of 401(k) Investment Menu Design
Guest: Frank Salb, CFA
This is the final installment of our three part mini-course on investment menu construction. Each of the three episodes were designed to help employers and their retirement plan committee members understand the current thinking on investment menu design. If you missed part one where we discussed investment menu design trends or part two where we covered how to select individual asset classes and investments, you may listen to them on demand by searching 401(k) Fridays on your favorite podcast app on your mobile device or on your computer by going to www.401kfridays.com/investments. In this episode we tackle the seemingly simple but vitally important topic of selecting and evaluating target date funds as well as capital preservation strategies and something called a multi-asset alternative strategy. To help guide us through these topics I have Frank Salb a CFA Charterholder and the Vice President and Director of Investment Services with Lockton Retirement Services. During our conversation we address important topics such as the biggest mistakes employers make when evaluating target date funds, should downside and upside risk be looked at the same and how could different capital preservation strategies react during a rising interest rate environment. Oh, and he also addresses that multi-asset alternative thing. Now, here is my conversation with Frank!
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As the Vice President & Director of Investment Services for the Lockton Retirement Services, LLC, Frank leads national initiatives and projects to improve Lockton’s overall client experience. Frank is a CFA Charterholder. Prior to joining Lockton he worked as a Senior Investment Analyst at American Century Investments. Frank graduated from Kansas State University with a degree in Finance and Economics.