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Tuesday, August 23, 2016|
Meet the Next Generation of the Power Behind Putnam
The Canadian family that controls the ultimate parent company of Putnam Investments [profile] is preparing to pass the reins to a third generation ... six to nine years from now.
In the U.S., the Power family includes Putnam, Great-West Investments, and retirement plan provider Empower.
The WSJ article notes that Andre and Paul Jr. have long divided up things like duties, areas of focus, and even socializing. And they aim for their sons to continue that tradition.
Anyone watching Putnam, Great-West, or Empower for the long-term should dig into the full article on "the clan ... sometimes described as the closest thing Canada has to business royalty."
Printed from: MFWire.com/story.asp?s=54664
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