Empower teams with Rockefeller to create turnkey retirement plan
Rockefeller will serve as a plan’s ERISA section (3(38)) investment manager.
Empower, a Greenwood Village, Colorado-based retirement plan provider, and Rockefeller Capital Management, a New York-based independent financial advisory firm, have partnered to develop a retirement plan offering.
The joint creation, the Rockefeller Capital Management Retirement Plan Fiduciary Manager, provides a simplified digital platform that lets plan participants view, manage and optimize their financial plan.
“Combined with a competitive benefits package, the RCM Retirement Plan Fiduciary Manager provides a range of retirement savings options to help employers attract and retain top talent while allowing them to save time, reduce costs, increase efficiencies and focus on their other business needs,” Gregory J. Fleming, president and CEO at Rockefeller, said in a statement.
Rockefeller will serve as the ERISA (3(38)) investment manager to the plan.
[More: Empower’s $3.55 billion deal with Prudential makes the 401(k) world a lot smaller]
Learn more about reprints and licensing for this article.