The president said he is aiming to democratize access to alternative assets, including private market investments, digital assets, and real estate assets.
President Donald Trump signed an executive order last week allowing alternative assets, such as cryptocurrencies and private equity, in 401(k) retirement plans.
Industry experts said the White House decision could alter the composition of Americans’ retirement portfolios, broadening the types of assets that investors can hold and the options that financial institutions can offer to their clients in the $9 trillion retirement market.