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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...

...people by helping them gain financial freedom through personalized advice and the ability to see their full financial picture.

...employers by working together and living our values to make their job easier.

 

...our partners by creating a shared vision of success and opportunity.


 

“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

Quick facts

$1.4T

Plan assets administered1

82,000

Retirement plans under administration1

18M+

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

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

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 December 31, 2023. 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 $1,544.5B. AUA is a non-GAAP measure and does not reflect the financial stability or strength of a company. EAICA’s statutory assets total $72.1B and liabilities total $68.3B. ELAINY’s statutory assets total $7.2B and liabilities total $6.9B. EAIC’s statutory assets total $92.0B and liabilities total $91.0B.

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 Personal Capital Corporation ("PCC")'s financial tools. 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.

Advisory services are provided for a fee by Empower Advisory Group, LLC (“EAG”). EAG is a registered investment adviser with the Securities and Exchange Commission (“SEC”) and subsidiary of Empower Annuity Insurance Company of America. Registration does not imply a certain level of skill or training. Investing involves risk. Past performance is not indicative of future returns. You may lose money. All visuals are illustrative only. Actors are not EAG clients.