Adviser managed accounts at Empower Retirement have surpassed $1.5 billion in assets and are being used by more than 500 plans and 14 advisory firms, the company said in a release.
Empower created the adviser managed account program in 2019. It is available to advisers serving the retirement plans of employers of all types and sizes, and in all sectors.
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95% of his funds' holdings are in cash amid trade uncertainty.
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