Leading retirement platform Empower has integrated portfolio company Quovo so that participants can have a comprehensive view of all their financial accounts. The partnership demonstrates how Quovo's infrastructure continues to enable wealth management providers to build data-driven, transparent consumer products.
“A more scalable and automated means of viewing one’s assets enables individuals and their advisers to make financial planning decisions based on better information,” says Edmund F. Murphy III, president of Empower Retirement. “Quovo is the market leader in providing these services and, with their expanded toolsets, we believe this partnership helps to bring a new level of retirement and overall financial planning to our participants.” “By offering our account aggregation capabilities through the Empower platform, millions of Americans will now be able to construct a holistic view of their financial picture and better prepare for retirement,” says Lowell Putnam, co-founder and CEO of Quovo.