Deals and People | September 29th, 2020 Empower to Acquire Retirement Plan Clients from Fifth Third Bank Fifth Third’s retirement plan business for its institutional clients will now focus on its core strength of providing independent fiduciary...
Deals and People | September 9th, 2020 MassMutual Points to Scale as Reason for Empower Deal The recordkeeper also notes that fee compression is largely driving the ongoing industry consolidation.
Deals and People | August 12th, 2020 Principal-Wells Fargo Integration on Track for 2021 Completion Remaining clients still on the Wells Fargo platform can expect to be transferred to the Principal platform by the end...
Deals and People | September 25th, 2019 Start-Up Specialist America’s Best 401k Acquired by Creative Planning Creative Planning already has a well-established 401(k) offering, but the acquisition will open up its market reach to smaller plans.
Deals and People | September 9th, 2019 Principal Pledges Seamless Transition for Wells Fargo Recordkeeping Clients “We will do everything we can to make this a non-event for plan sponsors and participants,” says Renee Schaaf, Principal’s...
Products | August 6th, 2019 PCS, Aspire Combine to Provide Fiduciary Specialist Services In addition to providing new fiduciary solutions to the combined client base, PCS leadership aims to leverage Aspire’s footprint in...
Deals and People | April 30th, 2018 Hellman & Friedman Buying Financial Engines for $3.02 Billion Hellman & Friedman, which owns Edelman Financial Services, will combine the two companies.