Brandon Shea is a defined contribution strategist for the Global Retirement Strategy team. The team leads an enterprise retirement strategy, advises on the development of new products and services, and helps amplify the firm’s voice in retirement security-related public policy initiatives. Brandon is a vice president at T. Rowe Price Associates, Inc.

In this episode, Eric and Brandon Shea discuss:

• Adapting retirement strategies
• Exploring investment opportunities
• Personalizing participant experience
• Leveraging innovation responsibly

Key Takeaways:

• In this episode, Eric and Brandon discuss the highlights of T. Rowe Price’s annual Consultant Survey.  For more detailed information, please visit - https://www.troweprice.com/financial-intermediary/us/en/insights/defined-contribution-consultant-study.html 
• The retirement plan industry is rapidly evolving with technology, personalization, and blended investment approaches. Staying informed helps sponsors and participants navigate these changes effectively. Learning about possible new strategies can help plan committees keep their offering relevant and aligned with long-term goals.
• Private assets like credit and equity are gaining attention for diversification and return potential. Balancing growth with liquidity and risk management is essential. Thoughtful investment selection can possibly strengthen retirement plan outcomes.
• Managed accounts, dynamic QDIA programs, and financial wellness initiatives allow plans to meet individual needs. Personalized strategies boost engagement, satisfaction, and retention. Tailored support prepares participants for a confident retirement.
• AI, technology, and legislation like Secure 2.0 are transforming plan management and advice. When applied thoughtfully, innovation enhances efficiency while complementing human expertise. Focusing on the mission ensures participants retire with dignity and confidence.

“Private credit compared to private equity is seen as having a more liquid investment, and it's had a really good return, historical return on investment relative to other asset classes. So when we look at it, I think people are very excited about potentially bringing in private credit in the next couple of years to DC marketplaces.” - Brandon Shea

Connect with Brandon Shea:

Website: https://www.troweprice.com/institutional/us/en/bios/biodetails.bio-brandon-shea.html 

LinkedIn: https://www.linkedin.com/in/brshea/ 

Connect with Eric Dyson: 

Website: https://90northllc.com/

Phone: 940-248-4800

Email: [email protected] 

LinkedIn: https://www.linkedin.com/in/401kguy/ 

The information and content of this podcast are general in nature and are provided solely for educational and informational purposes. It is believed to be accurate and reliable as of the posting date, but may be subject to change.

It is not intended to provide a specific recommendation for any type of product or service discussed in this presentation or to provide any warranties, investment advice, financial advice, tax, plan design, or legal advice (unless otherwise specifically indicated). Please consult your own independent advisor as to any investment, tax, or legal statements made.

The specific facts and circumstances of all qualified plans can vary, and the information contained in this podcast may or may not apply to your individual circumstances or to your plan or client plan-specific circumstances.