Skip to main content

You are here

Advertisement

Empower, Rockefeller Team Up on Retirement Platform

Empower and Rockefeller Capital Management are partnering to offer the next evolution in retirement investing with innovative technology, a diverse menu of expertly managed investment options and fiduciary protection. 

According to a May 24 announcement, the Rockefeller Capital Management (RCM) Retirement Plan Fiduciary Manager offers employers a cost-effective opportunity to access the knowledge and experience of leading wealth managers and strategic advisors with a leading retirement plan provider. The solution aims to make it easy for employers to offer employees a simplified digital platform that enables them to easily view, manage and optimize their financial plan, all in one place.  

Through the program, plan sponsors and all other plan fiduciaries add an extra layer of fiduciary protection by engaging Rockefeller as an ERISA 3(38) investment manager to the plan. Moreover, the offering makes use of Empower’s participant communications strategies to help individuals take action under their plan. 

“This partnership will deliver a cost-effective practical retirement solution created specifically for individual organizations,” said Edmund Murphy III, Empower President and CEO. “We are bringing together select features in one simple offering to give growing organizations more value and a user experience that engages their employees and helps them take positive action in their retirement planning.” 

“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,” added Gregory Fleming, President and Chief Executive Officer of Rockefeller Capital Management.

Advertisement