Who is Empower?
Who is Empower?
Simply put, we’re a financial services company on a mission to empower financial freedom for all. We work with individuals and all sizes of organizations to offer investment, wealth management and retirement solutions, along with the free Empower Personal Dashboard™, so everyone can have a clear and simple understanding of where their finances are today and where they’re headed.
We’re empowering...
We’re empowering...
We serve our customers
“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.”
Quick facts
Quick facts
$1.7T+
Plan assets administered1
88,000
Retirement plans under administration1
19M+
Customers1
2nd
Largest retirement services company in the country2
23
Best-in-class awards5
3M+
Empower Personal Dashboard™ users
As of 11/30/22
Recognition
Recognition
We’re proud our clients appreciate the outstanding service we provide.
Empower ranked one of the 2022 top service providers5
“Best for Portfolio Management.”3
-Investopedia
Empower praised by financial advisors in six key service categories4
Workplace awards
Workplace awards
We believe in creating a strong work environment for our employees.
Empower received a score of 100!7
Empower recognized among ‘Best Places to Work for Disability Inclusion’ 6
Top Workplace Awards 2022-20238
1 As of September 30, 2024. Information refers to all retirement business of Empower Annuity Insurance Company of America (EAICA) and its subsidiaries, including Empower Retirement, LLC; Empower Life & Annuity Insurance Company of New York (ELAINY); and Empower Annuity Insurance Company (EAIC), marketed under the Empower brand. EAICA’s consolidated total assets under administration (AUA) were $1,767.3B. AUA is a non-GAAP measure and does not reflect the financial stability or strength of a company. EAICA’s statutory assets total $71.4B and liabilities total $66.7B. ELAINY’s statutory assets total $7.5B and liabilities total $7.1B. EAIC’s statutory assets total $106.4B and liabilities total $105.4B.
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 Pensions & Investments 2022 Defined Contribution Survey. Ranking measured by total number of participants as of September 2022.
3 Awards referenced were originally awarded to the prior business’ financial tools acquired by Empower. Awards were given by non-compensated, unaffiliated entities.
4 As of September 28, 2022. Financial Advisor IQ Service Awards, https://www.financialadvisoriq.com/
5 2022 PLANSPONSOR Defined Contribution Survey, January 2023.
6 2023 Disability Equality Index, https://disabilityin.org/
7 Human Rights Campaign 2023 Corporate Equality Index.
8 2023 Top Workplace for Work-Life Flexibility, Innovation, Leadership, and Employee Well-being.
Securities, when presented, are offered and/or distributed by Empower Financial Services, Inc., FINRA , SIPC, EFSI is an affiliate of Empower Retirement, LLC.