Empower CEO Ed Murphy on private assets in 401(k)s: The time has come to open up the aperture
CNBC Televisionยท2025-08-14 11:48
President Trump uh signing an executive order last week that would make it easier for 401ks uh to include alternative uh investments like private equity and crypto. Uh in May, retirement services uh provider Empower announced its own program to pave the way for private markets to be included within retirement plans. Joining us now is Ed Murphy, Empower CEO, who can confirm that we were together at one Beacon Street at the Maril Lynch office.We were in the same you you trained a little bit after I did at OLP ...