Collective Investment Trusts & 401(k) Plans: The One Question All Retirement Plans Need To Ask

This is a pretty straightforward episode, Collective Investment Trusts, or CITs are more widely available as options for plan fiduciaries and their service providers to utilize in their investment line-ups, they are still misunderstood by many.  To help inform the conversation I have Rob Barnett, Vice President of Wilmington Trust and Head of their Institutional Retirement Sales & Service.  I am not going to spoil what the one question is that all retirement plans need to ask, but what you will hear is Rob has a great deal to say about what a Collective Investment Trust is, how they differ from mutual funds and helps dispel some common concerns and misperceptions employers and service partners have.  In the current environment which is hyper sensitive to fees, we also discuss how CITs are many times able to offer lower fees for a similar investment strategy than the comparable mutual fund. 

Guest Bio

Rob Barnett manages and provides leadership for the institutional retirement sales and service teams. Additionally, he is responsible for national and regional key account relationships. Rob is a subject matter expert in collective investment trusts, retirement advisory solutions, and trust and custody services. 

He has over a decade of industry experience, with more than half of those spent with Wilmington Trust, N.A. focused on the institutional retirement services market. 

Mr. Barnett earned a Bachelor of Arts degree in Finance from Washington State University.

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