We are proud to share that our Chief Investment Officer and CEO, Steven Rogé, was recently featured in a MarketWatch article by journalist Morey Stettner titled, “The rich already know how private equity mints money — and it’s not from a 401(k).”
The article explores the White House’s recent executive order allowing retirement savers to access private assets and cryptocurrency within their 401(k) and other tax-advantaged plans. This development could significantly expand investment options for millions of Americans.
Steven shared his perspective on who may benefit from private-market strategies:
It’s for people in the wealth-accumulation phase, say 40 to 50 years old, who have a long time horizon and a high risk tolerance. And they have to be sophisticated enough to understand it. We know if they don’t understand it, they may not stick with it.
Steven emphasized that while a small percentage of clients may be suitable for private assets, passive indexing strategies remain the foundation of long-term success for most investors.
We’re honored that Steven’s insights were included alongside other respected voices in this important discussion.
Click here to view the full article.
For tailored guidance on managing your wealth or questions about investment strategies, please contact our team of CERTIFIED FINANCIAL PLANNERTM (CFP®) professionals for a complimentary discovery call at 631.218.0077, or click here. We would be happy to show you how our financial planning process can help you stay on track and achieve your financial goals. You can also send us a message directly.
R.W. Rogé & Company, Inc. is an independent, fee-only financial planning and investment management firm serving clients locally and virtually across the country, with Long Island, New York, and Beverly, Massachusetts office locations. R.W. Rogé & Company, Inc. was founded on a “client first” culture and proudly commits to acting in your best interest as a fiduciary. We have helped clients Plan, Achieve, and Live® the life they want since 1986. To learn more about how we do this, as well as our process, explore our detailed overview of services and approach.
