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Articles tagged "Great West"


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Edmund Murphy III, ex-Fidelity, is using a blank checkbook from Great-West to buy every recordkeeping orphan but it still can barely see Fidelity's taillights across the $1.7-billion void.

Empower climbs to $1.4 trillion on fifth acquisition--Prudential's record-keeping business-- but Fidelity hit the $1.4-trillion mark in 2014 and is pulling away on organic growth alone

Empower's $3.4 billion deal ups total assets to $1.4 trillion, a distant second to Fidelity's $3.2 trillion in administered assets.

July 24, 2021 at 3:09 AM

Voya will spend $300 million to $350 million over three to four years on behalf of the entire firm and retirement will get a portion of that money

After a six-month pause, Voya fills the Maliz Beams void with a 401(k) ace whose advancement stalled

Charlie Nelson was passed over twice at Great-West but has now landed a giant opportunity

April 28, 2015 at 7:32 PM

Bob Reynolds got his first bite at the Apple.

Empower wins Apple's $3.5-billion 401(k) account from Schwab

Bob Reynolds delivers quick response to the question of whether a branded company will swallow his new brand

November 14, 2014 at 8:08 PM

Bob Reynolds: Empower was clearly the one the first time we heard it.

The second-largest 401(k) provider drops 'Great-West' for 'Empower'

The name chosen for the second-largest retirement firm hits a mark but may face the challenge of seeming jargony

October 30, 2014 at 6:44 PM

Ed Murphy: It hasn't led to a pause on the part of our prospects.

Bob Reynolds delegates the Great-West 401(k) business to old Fidelity mate after excruciating three-way choice

Edmund Murphy, kicked upstairs, is dispatched from Boston to Denver and will own the brand decision -- just for starters

September 10, 2014 at 7:23 PM

Bob Reynolds: They reached out and asked if we'd like to buy their proprietary business.

Just what good Bob Reynolds' purchase of J.P. Morgan's billions -- sans sweet brand -- will do for his Great West-Putnam 401(k) empire

The Boston exec was opportunistic in getting this deal and remains open to others but the 'O' word that made Whole Foods famous is holding sway

April 4, 2014 at 5:01 AM

Bob Reynolds: In this business especially it's a game of scale.

Bob Reynolds strikes again in his 401(k) quest -- this time buying JPMorgan's retirement recordkeeping business

The deal includes blue chip 401k accounts of Procter & Gamble, American Airlines and JPMorgan itself

April 3, 2014 at 5:37 PM

Bob Reynolds: We think that two plus two equals six. We want to be the best in this space.

Fidelity's old 401(k) mastermind, Bob Reynolds, gets a merger, a promotion and a stronger hand to compete with his old employer

With Great West and Putnam joining 401(k) units, there may be a dividend of critical mass and synergy

March 27, 2014 at 3:24 AM

Larry Goldbrum: (DOL's proposed rules) will have a significant chilling and negative effect on the retirement plan community.

DOL's proposal puts the screws to legacy 401(k) providers

As SPARK, SIFMA, others cry foul at yesterday's hearing, RIAs may be sitting pretty with the right fiduciary framework in place

March 2, 2011 at 2:31 PM

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