About Empower

About Us

Trusted by more than 17 million individuals and over 70,000 organizations1 to administer $1.2 trillion in assets.1

Who we are

Built on a foundation of trust, integrity and promise, we proudly serve over 70,000 outstanding organizations and more than 17 million individuals.1 We take great pride in helping people with saving, investing and advice, while providing them with the tools and resources they need to help reach their financial goals. We’re continuing to grow — and innovate — every day.

Our sole focus is on helping Americans achieve the future they imagine. That mission starts by delivering advice, personalized guidance and critical support. We strive to meet the unique needs of everyone we serve and embrace the opportunity to inspire them along their journey.

What we do

We offer industry-leading solutions to help people manage their money for today while saving more for their tomorrow.

We are empowering people by helping them gain financial confidence through personalized advice

We are empowering employers by working together and living our values to make their job easier

We are empowering our partners by creating a shared vision of success and opportunity

Our Vision

To transform financial lives through advice, people and technology

Our Mission

To empower financial freedom for all

President and CEO, Empower Retirement

“Our top priority as a leader in the financial services arena is to keep evolving and improving the savings and investment experience for our customers. As their needs, careers and lives change, we’re committed to being with them every step of the way — and exceeding their expectations.”

Edmund F. Murphy III
President and CEO, Empower

Empower Quick Facts

$1.2 T+

assets under administration1

69,000+

retirement plans under administration1

17 million+

participants in our plans1

2nd

largest retirement services company in the country2

$284.3 B+

assets under management3

41

best-in-class awards4

16

service commendations

No. 1

choice of industry professionals4

Personal Capital Quick Facts5

$22.4 B

Assets under management

3.2 million+

platform users

450+

employees

1 As of September 30, 2022. Information refers to all retirement business of Empower Annuity Insurance Company of America (EAIC) and its subsidiaries, including Empower Retirement, LLC; Empower Life & Annuity Insurance Company of New York (ELAINY); and Empower Annuity Insurance Company (EIC), marketed under the Empower brand. EAIC’s consolidated total assets under administration (AUA) were $1,240.5B. AUA is a non-GAAP measure and does not reflect the financial stability or strength of a company. As of September 30, 2022, EAIC’s statutory assets total $76.1B and liabilities total $73.0B. ELAINY’s statutory assets total $7.0B and liabilities total $6.7B. EIC’s statutory assets total $80.7B and liabilities total $79.6B.

On August 1, 2022, Empower announced that it is changing the names of various companies within its corporate group to align the names with the Empower brand. For more information regarding the name changes, please visit empower.com/name-change.

2 Pension & Investments Defined Contribution Survey Ranking as of April 2020.

3 As of June 30, 2022.  AUM represents the assets of Empower Investments, Empower Advisory Group and Personal Capital.

4 PLANSPONSOR 2021 Defined Contribution Survey, January 2022.

5 As of February 28, 2022.

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Carefully consider the investment option’s objectives, risks, fees and expenses. Contact Empower for a prospectus, summary prospectus for SEC-registered products or disclosure document for unregistered products, if available, containing this information. Read each carefully before investing.

Securities, when presented, are offered and/or distributed by Empower Financial Services, Inc., Member FINRA/SIPC. EFSI is an affiliate of Empower Retirement, LLC; Empower Funds, Inc.; and registered investment adviser, Empower Advisory Group, LLC. This material is for informational purposes only and is not intended to provide investment, legal or tax recommendations or advice.  

IMPORTANT: The projections, or other information generated on the website by the investment analysis tool regarding the likelihood of various investment outcomes, are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. The results may vary with each use and over time.

Investing involves risk, including possible loss of principal.

Insurance products are issues by or offered through Empower Annuity Insurance Company of America, Corporate Headquarters: Greenwood Village, CO; or in New York, by Empower Life & Annuity Insurance Company of New York, Home Office: New York, NY. 

The managed account service is part of the Empower Advisory Services suite of services offered by Empower Advisory Group, LLC, a registered investment adviser.

The Empower Institute is a research group within Empower.

“EMPOWER” and all associated logos, and product names are trademarks of Empower Annuity Insurance Company of America.

All features may not currently be available and are subject to change without notice. ©2022 Empower Retirement, LLC. All rights reserved.

Unless otherwise noted: Not a Deposit | Not FDIC Insured | Not Bank Guaranteed | Funds May Lose Value | Not Insured by Any Federal Government Agency.