Stephanie Drescher: The Case for Adding Private-Market Exposure to 401(k) Plans

Stephanie Drescher, chief client and product development officer at Apollo Global Management, says it’s up to advisors to educate clients on how to strategically tap into the potential of this market.

In this episode, Stephanie talks with Ben and Julie about:

• Making the most of the multi-trillion-dollar opportunity in private markets
• What’s behind their accelerating democratization
• The shift from “managing to the lowest fee to achieving the greatest outcome"
• Why less-liquid private investments are a good fit for long-term retirement funds

Catch up on previous episodes: https://www.morningstar.com/views/podcasts/big-picture-in-practice

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