Masters in Business

Jeff Maggioncalda and (401)K Gold

This week we speak with Jeff Maggioncalda, co-founder and former chief executive officer of Financial Engines.

This week on our Masters in Business interview, we speak with Jeff Maggioncalda, co-founder and former chief executive officer of Financial Engines.

Another co-founder was Nobel laureate William Sharpe. The firm, which uses the insights of the capital-asset pricing model Sharpe developed, now manages more than $115 billion in corporate (401)k plans.  The company went through a series of business plans, all of which failed. It then discovered that its clients’ employees wanted someone to assume the burden of managing their (401)k portfolios.

 

The full podcast is available on iTunesSoundCloud and on Bloomberg.  Earlier podcasts can be found on iTunes and at BloombergView.com.

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    To contact the author of this story:
    Barry L Ritholtz at britholtz3@bloomberg.net

    To contact the editor responsible for this story:
    James Greiff at jgreiff@bloomberg.net

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