Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Mercer and Putnam Start a Tug-of-War Over 401k Clients Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, January 13, 2011

Mercer and Putnam Start a Tug-of-War Over 401k Clients

Reported by Armie Margaret Lee

As reported by The MFWire.com's sister publication The 401kWire last Friday, Mercer and Putnam Investments are now free to court their common defined contribution clients after their non-solitication agreement ended on December 31.

Previously, the two had agreed not to solicit business from a pool of 400-plus common clients, for whom Mercer serves as recordkeeper and Putnam serves as the provider of relationship management and communications services.

In March 2009, Putnam and Mercer decided to go after new business separately, but renewed their relationship for existing clients. That relationship will last through the end of this year, though the non-solicitation pact expired at the end of 2010.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2020: Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use