Great-West Financial completed its acquisition of Overland Park-based J.P. Morgan Retirement Plan Services LLC, creating the second-largest retirement portfolio operation in the United States.
The local operation has about 1,000 employees and handles record keeping for about $160 billion in assets. Now, it is part of a much larger operation being assembled by Robert Reynolds, CEO of Great-West Lifeco U.S. Inc. Reynolds merged Great-West Financial and Putnam Investments in March.
Adding the J.P.…
Great-West Financial completed its acquisition of Overland Park-based J.P. Morgan Retirement Plan Services LLC, creating the second-largest retirement portfolio operation in the United States.
The local operation has about 1,000 employees and handles record keeping for about $160 billion in assets. Now, it is part of a much larger operation being assembled by Robert Reynolds, CEO of Great-West Lifeco U.S. Inc. Reynolds merged Great-West Financial and Putnam Investments in March.
Adding the J.P.…