Empower CEO Expects Continued Recordkeeper Consolidation
Edmund Murphy discussed Empower’s push into wealth management and building brand name recognition during investor day.
Tag: Empower
Putnam CEO Reynolds to Stay at Great-West After Franklin Deal
The CEO won’t go to Franklin Templeton in Putnam acquisition but will be “in part focused” on the strategic partnership...
Edelman Financial Names Former Personal Capital Head Jay Shah as CEO
Current CEO Larry Raffone will become chairman of the board while remaining a meaningful shareholder.
Franklin Templeton to Acquire Putnam for $925 Million
The deal would boost Franklin’s defined contribution asset management to $90 billion in AUM, while Great-West, parent of Empower, will...
MassMutual Names New Financial Advisory, Annuity Leaders
Mike Fanning, who oversaw the firm’s sale of its retirement recordkeeping division to Empower, is set to retire.
In-Plan Annuity Offerings Gain Steam With Recordkeepers
Recordkeeper incorporation of in-plan retirement income annuities is poised to progress in ’23, according to industry players.
Empower Announces Consumer Wealth Management Division
Services include combining, monitoring, and advising wealth across investments, including workplace retirement plans.
Empower Joins Auto Portability Consortium
The Retirement Clearinghouse-led consortium now includes the country’s four largest recordkeepers.
Retirement Industry People Moves
Empower names Waddell head of new individual investor division that includes Personal Capital; Pentegra names new CEO as Pinto retires;...