Should participants invest in, and trade, individual securities within their 401k through self-directed brokerage accounts (SBDA)? Does it conflict with the buy-and-hold, long-term objectives of retirement saving overall? What type of participant would benefit from the option? 401k Advisor have strong feelings on the subject?
We speak with two of our TAPOs on this informative webcast to get their take. February TAPO Steven W. Glasgow is Executive Vice President/Wealth Management with Tower Circle Partners of Janney Montgomery Scott in Franklin, Tenn. January TAPO Brian Hartstein, MSFS, CLU, ChFC is Director of Corporate Development with Scottsdale, Ariz.-based Bayntree Wealth Advisors.
With more than 20 years serving financial markets, John Sullivan is the former editor-in-chief of Investment Advisor magazine and retirement editor of ThinkAdvisor.com. Sullivan is also the former editor of Boomer Market Advisor and Bank Advisor magazines, and has a background in the insurance and investment industries in addition to his journalism roots.