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.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
