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What Empower's Purchase of Pru Retirement Business Means for Advisers
Fred Barstein, via Investment News Link to more items from this source
July 29, 2021

"What is the value of an adviser to record keepers? The overwhelming answer is that advisers sell the plan. They represent a sales force of almost 300,000 with personal relationships with plan sponsors. Providers do not have to recruit, manage or pay these advisers directly. Everything else is ancillary."

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