401(k) giant Empower to add private market investments to retirement portfolios
Murphy said five employers have signed on to offer private investments in their 401(k) plans when they become available through Empower in the third quarter. He wouldn’t name the companies.If an employer decides to allow private investments in its plan, the managed-accounts adviser will determine how much of each investor’s portfolio to allocate to them. Murphy said the typical amount might range from 5% to 20%, depending on factors including age.Asset managers are developing products for regular investors that include private assets.RETIREMENT PLANNING: THE DIFFERENCES BETWEEN A TRADITIONAL AND ROTH...



