Tag: Empower

The company saw growth across both its retirement plan and recently revamped wealth management divisions.

The deal expands Empower’s services into equity compensation administration and management.

Firm cites enhanced technology and scale with final integration of 2022 recordkeeping platform acquisition. 

Recordkeeper Empower and two large RIA advisories discussed why they’re partnering on adviser-managed accounts geared toward plan participants of all asset levels.

The recordkeeper announcement comes as Cerulli forecasts almost 1M plans will be created by 2030.

Roger Hobby was hired by Empower to a senior role in its recently rebranded consumer wealth division; he is the...

Empower plans to distribute the four new offerings through advisers and consultants.

CEO Ed Murphy says the firm is on the lookout for wealth-related acquisitions and notes 500 employees were hired into...

The former Fidelity workplace products head will work across the company on platform and partnership enhancements.

The firm’s board is searching for a replacement to head the wealth management and financial wellness platform and product provider.

Their concerns arise from the wide range of sales conversations that take place between recordkeepers and plan sponsors and the...

Both loans and hardship withdrawals have increased to the highest rate since the pandemic, according to Empower’s annual retirement study.

Of Americans surveyed in an August poll, almost 60% said money buys happiness, at least in part, as it gives...

The retirement platform is geared toward wealth managers seeking a plan option and includes four options for providers of target-date...

Recordkeeper's CEO notes potential for managed accounts and other participant offerings to grow on Prudential retirement migration.

The digital automatic portability network of the nation’s six largest recordkeepers is now live, with Alight Solutions, Vanguard and Fidelity...

Personalized advisement remains key for working retirees no matter their circumstances, says a financial adviser with the recordkeeper.

A program starts in October giving plan sponsors the option for terminated small plans to automatically port to active 401(k)s...

J.D. Power and Corporate Insight ranked retirement plan providers on their digital and mobile offerings, showing overall increased satisfaction from...

CEO Ed Murphy says rollover capture also increased year-over-year in the quarter for assets with an average of about $100,000.