Empower Retirement, the Greenwood, Colorado-based service provider to workplace retirement plans, continues to grow its presence selling and supporting the country's private and public retirement plans.
Last year, Empower seized the second largest spot in the provider space after Great-West Financial acquired J.P. Morgan's Retirement Plan Services and Putnam Investments retirement arm. Great-West then rebranded the new congregation as Empower Retirement.
But the latest numbers released by the company, which project Empower to add one million new participants to the fold by the end of 2015, have come from organic growth, not acquisitions.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
