In this episode, Greg dives into a recent NBC News article that sheds light on TIAA's controversial strategies to offset losses in their recordkeeping business.

Greg uncovers some disappointing (in his opinion) sales tactics that TIAA reportedly required their wealth managers to adopt. While acknowledging TIAA's longstanding contributions to the retirement planning industry, Greg discusses how recent changes in SEC transparency mandates have forced the company to pivot its retirement plan platforms, leading to a slowdown in revenue from proprietary investments.

To compensate, TIAA has employed, in Greg's view, questionable tactics to boost revenue.

Tune in to this episode to evaluate whether your TIAA wealth manager is truly acting as a fiduciary with your best interests at heart.

NBC New Article referenced in episode....

https://www.nbcnews.com/investigations/tiaa-pushes-costly-retirement-products-cover-losses-whistleblower-rcna161198

TIAA Simplified YouTube Channel

📆 Jump on my calendar to see how we can improve your higher ed retirement plan

Website:

www.safinancialservices.com

email: greg@shepardfinancial.com

Connect w/ us

913-521-2381

*Disclosure* S&A Financial Services, Inc. is a registered investment advisor. Content presented is for informational purposes only and should not be considered as investment advice or as an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Always consult with your tax advisor or attorney regarding your specific situation.