CEO change at Edelman Financial Engines shows how private equity is reshaping industry

Corey Kupfer, founder and managing partner at Kupfer., shares insight with Andrew Cohen at InvestmentNews about how Edelman Financial Engines experiments with being on and off markets, looking for growth opportunities, and changing leadership. “The largest organic growth opportunity to EFE is to capture more individual wealth management business from the participants in the many retirement plans it manages. After the recent market feedback on the potential EFE sale, it seems that the PE firms feel like Ralph Haberli is better suited to lead the organic growth-focused strategy at this time,” says Kupfer.

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