CNBC: “BlackRock’s Larry Fink: Trump accounts, paired with other assets, may be ‘very significant’ for young adults”
CNBC, March 23, 2026 — In today’s article by Jessica Dickler, she explains BlackRock CEO Larry Fink said Trump accounts could be a successful early wealth-building tool for children in the U.S., when paired with other investment vehicles.
In his annual chairman’s letter to investors, published Monday, Fink said this type of policy can have a good return on investment. “On average, early wealth-building accounts make it more likely for someone to earn an advanced degree, start a business, and own a home,” he wrote, citing a 2023 research paper by the Aspen Institute.
“We’ll see how these accounts evolve, but if they are structured thoughtfully, and paired with existing investment vehicles for education and retirement (like 529 and 401(k) plans), this could be a very significant step toward more young Americans growing with their country,” Fink wrote.
Jessica turned to Marguerita Cheng for insight.
Marguerita Cheng, a CFP and chief executive of Blue Ocean Global Wealth in Gaithersburg, Maryland, told CNBC that “additional opportunities for Americans to save and invest can help more individuals and families build wealth and address the wealth gap.”
Marguerita is a member of CNBC’s Financial Advisor Council.