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We believe everyone deserves access to fiduciary advice

We offer participants a variety of ways to access the fiduciary advice they want and need.

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Best interest point-in-time advice
Empower advisory services
Advisor managed accounts
Dynamic Retirement Manager
Comprehensive financial planning

Empower Dynamic Retirement Manager™

Empower Dynamic Retirement Manager (DRM) is a qualified default investment alternative (QDIA). Unlike target date or risk-based funds, DRM offers two professionally managed investment solutions, one for employees starting their careers and a second for those closer to retirement with more complex retirement planning needs.

Today customers have become accustomed to personalized recommendations in many aspects of life. That’s why we believe QDIAs should be as unique as your employees.

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How does DRM work?

DRM is a dynamic QDIA that integrates the benefits of a target date fund, or model portfolio, with those of a managed account. Employees starting their career are defaulted into a target date fund, for example, and then at an age predetermined by the plan transitioned into My Total Retirement™, the Professional Management Program or Advisor Managed Accounts.1

There is no guarantee provided by any party that participation in any of the advisory services will result in a profit.

Target date-Age-Managed accounts

The benefits of DRM

DRM helps employees benefit from timely, personalized advice, and personalized advice at the right time may help make a difference. Participants who work with an advisor may be on track to replace more income in retirement. Those who receive advice:

Are 2x more likely to use tax-optimized savings strategies.2
Are 9x less likely to react to market volatility.3

Employees receive an easy-to-understand communications experience through the transition to a personalized retirement strategy

Dynamic Retirement Manager at a glance4

$4B

in assets under management

66K+

participants

1400+

plans

Complements, not substitutes

Based on this analysis, participants do not consider managed accounts to be substitutes for target date funds.

Cover image of Complements not Substitutes paper

Dynamic Retirement Manager

PLANSPONSOR of the Year winner Crate and Barrel shares insights and the success they had implementing Dynamic Retirement Manager.

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Does your QDIA still fit your plan? 

New DCIIA research provides insight from plan sponsors adopting dynamic QDIAs.

Plan Sponsor Views on Adopting Dynamic QDIAs - download

To learn more about making your default as unique as each client contact your sales representative at 877-630-4015

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1 My Total Retirement offered through Empower Dynamic Retirement Manager is provided by EAG. The Professional Management Program offered through Empower Dynamic Retirement Manager is provided by EAG. The managed account service offered through Empower Dynamic Retirement Manager is provided by the named registered investment adviser as defined by the advisory services agreement.

2 As of June 1, 2020. Empower recordkeeping data. Advisory Services participants average 10% higher savings rates than target date fund savers and have 16% higher web utilization.

3 As of March 27, 2020. Empower recordkeeping data.

4 As of March 31,2022. Empower recordkeeping data.

Online Advice and My Total Retirement are part of the Empower Advisory Services suite of services offered by Empower Advisory Group, LLC, a registered investment adviser. My Total Retirement offered through Empower Dynamic Retirement Manager is provided by EAG.

Online Advice and the Professional Management Program are part of the Empower Advisory Services suite of services offered by Empower Advisory Group, LLC, a registered investment adviser. The Professional Management Program offered through Empower Dynamic Retirement Manager is provided by EAG.

Online advice and the managed account service are part of the Empower Advisory Services suite of services offered by Empower Advisory Group, LLC, a registered investment adviser.

EFSI is an affiliate of Empower Retirement, LLC; Empower Funds, Inc.; and registered investment adviser Empower Advisory Group, LLC.

FOR FINANCIAL PROFESSIONAL USE ONLY.

  ("Site") has entered into an advertising campaign with Empower Personal Wealth, LLC ('EPW"), through which Site is paid up to $250 for each individual lead. The Site, due to such compensation, has an incentive to recommend EPW, resulting in a material conflict of interest. Individuals who are referred to EPW are not obligated to subscribe for investment advisory services provided by Empower Advisory Group, LLC ("EAG"). Those individuals who do subscribe for EAG's investment advisory services will not pay increased management fees or any other fees to Site, EPW, or EAG as a result of this campaign. Site financially benefits from referring individuals to EPW. Site is not affiliated with EPW or EAG.

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.

“EMPOWER” and all associated logos, and product names are trademarks of Empower Annuity Insurance Company of America. This material is for informational purposes only and is not intended to provide investment, legal or tax recommendations or advice. ©  Empower Annuity Insurance Company of America. All rights reserved.