Fidelity Investments has a bold, five-year plan to expand its scant 8.5% share of the 403(b) market and catch up to giant TIAA-CREF, which commands a monumental 67% share of 403(b) assets.

Certainly, this will be a challenge, even for 401(k) leader Fidelity, as TIAA-CREF has built a 90-year reputation for solely focusing on those in the academic, medical, cultural and research fields-and has dominated the 403(b) market for several decades.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.