Exchange-traded funds are likely to grab a “significant” share of the 401(k) market in coming years, according to Skip Schweiss, president of TD Ameritrade Trust Co.
And TD Ameritrade plans to be part of the equation. The company has rolled out an investment program that allows plan sponsors and independent registered investment advisors to offer ETFs to 401(k) participants alongside mutual funds, collective investment funds, employer stocks and other options.
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