Participant Engagement

The advice advantage. Day one through retirement.

Support that helps strengthen your plan and your participants’ financial future.

33%

higher contribution for managed account users vs. target date fund users in the same plan²

25%

higher median balances for managed account users vs. target date fund users in the same plan²

94%

of people are satisfied with the advice and guidance they receive from Empower³

Flexible education and advice for the entire journey

Support that grows with participants’ needs — from simple guidance to managed portfolios to complete financial planning.

Guidance, education, and advice

Complementary tools and education
Financial wellness coaching
Retirement Readiness Reviews⁴
Best-interest advice program through an Empower representative⁵

Professionally managed solutions

Active account management, withdrawal strategies with access to Empower representatives
Online Advice recommendations for participants to implement on their own
Customized investment portfolios built around personal goals and risk tolerances
Retirement income solutions and drawdown strategies

Comprehensive financial planning

Assessing needs, lifestyle goals, and legacy intentions
Complete household financial planning⁶
Advanced planning including estate, tax, equity compensation, insurance, risk management, and more

Fiduciary advice, tailored to personal goals

Learn how we deliver advice that can help lead to better outcomes.

A closer look at managed accounts

Customized portfolio offerings with more dynamic account management.

My Total Retirement™ 

Along with Morningstar Investment Management LLC, we create portfolios tailored to each participant’s goals and situation.

Professional Management Program

Together with Edelman Financial Engines L.L.C., we offer portfolios managed with professional oversight personalized to participant goals.

Advisor Managed Accounts

Through our relationship with select firms, we work together to deliver customized portfolios for participants.

An online experience driving real-world results

Participants get personalized guidance, education, tools, and managed account support — all within one digital experience tailored to their goals.

He has given me confidence in retiring. He went over everything, and I am so happy I have him in my corner.

Miranda*

Starting strong, finishing secure

From using a dual qualified default investment alternative (QDIA) to offering retirement income solutions, we've got options from start to finish.

Empower Dynamic Retirement Manager™ (DRM)

Qualified default investment alternative (QDIA) 

Evolve your QDIA with our dual solution, designed as a "safe harbor" for plan fiduciaries. DRM automatically places younger individuals with straightforward financial needs into target date funds. As participants reach a specific age (typically 45-50), they are moved to a managed account.

Empower Retirement Income Solution

Providing peace of mind in retirement — make it last, live with confidence

We offer a unique multi-provider solution that’s easy to implement and manage. It offers in-plan or out-of-plan solutions.

Meeting people when it works for them

Our representatives meet participants where they are — when it’s most convenient and with their spouse or partner if they choose.

Connect with us by phone, online, or in person — where available.

Leading the conversation on the value of advice

Peer-to-peer. Plan-to-plan.

Quantifying the value of advice in managed accounts

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Elements of fiduciary oversight

Working together to understand advisory services and fiduciary responsibilities

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50 years of ERISA

The democratization of advice through defined contribution plans

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Service you can count on, plan expertise you can trust

All images and screenshots provided are for illustrative purposes only. 

1 Pontera Financial Literacy Study, 2024.
2 Based on Empower Advisory Group, LLC data. Comparisons were made among participants with active balances within the same plan, eliminating differences driven by employer match, investment menus, custom features, or governance. The analysis covered 387,000 participants across 805 Empower retirement plans (corporate, government, and not-for-profit) from January 1, 2019, to December 31, 2024, each exclusively invested in managed accounts, target date funds (TDFs), risk-adjusted model portfolios, or asset allocation funds. Median account balances served as the primary outcome measure, reflecting the combined effects of behavior, diversification, performance, and fees. Participants were grouped into cohorts by age, salary, and plan tenure to define peer groups within each plan. This analysis was conducted net of fees.
3 Empower Workplace Planning and Advice survey information as of June 30, 2025. 4 The Retirement Readiness Review is provided by an Empower representative registered with Empower Financial Services, Inc. and may provide tailored retirement education and guidance at no additional cost to participants. 5 Point-in-time advice provided by an Empower representative may include savings, investment allocation, distribution, and rollover advice, including advice on consolidating outside retirement accounts. 6 Empower Advisory Group, LLC, a registered investment adviser, provides financial planning services using the MoneyGuidePro tool. MoneyGuidePro is not affiliated with Empower Retirement, LLC and its affiliates. Empower Retirement, LLC and its affiliates are not responsible for the third-party content provided.
*Testimonials may not be representative of the experience of other individuals and are not a guarantee of future performance or success.

The charts, graphs, and images shown are for ILLUSTRATIVE PURPOSES ONLY.  

iPhone, iPad, Apple, Apple Watch, and App Store are trademarks of Apple Inc.  

iOS is a registered trademark of Cisco in the U.S. and other countries and is used under license.

Advisory services are offered by the named registered investment adviser as defined by the advisory services agreement. Empower Advisory Group, LLC (EAG) provides advisory services. The named registered investment adviser is not affiliated with EAG. The named registered investment adviser may pay some or the entire participant advisory services fees to EAG. Past performance is not indicative of future returns. You may lose money.  

Empower Advisory Services suite of services offered by Empower Advisory Group, LC, a registered investment advice. Past performance is not indicative of future returns. You may lose money. WITH Empower Advisory Services refers to the advisory services offered by Empower Advisory Group, LLC, such as My Total Retirement and Online Advice. EAG uses Morningstar Investment Management LLC to provide subadvisory services. EAG and Morningstar Investment Management are unaffiliated registered investment advisers. Morningstar Investment Management is a subsidiary of Morningstar, Inc. EAG is an indirect subsidiary of Empower Annuity Insurance Company of America. Morningstar is a registered trademark of Morningstar, Inc. ©2025 Morningstar, Inc. Future results are not guaranteed by EAG, Morningstar Investment Management, or any other party.

Empower Advisory Services refers to the advisory services offered by Empower Advisory Group, LLC (EAG), such as the Professional Management Program and Online Advice. EAG uses Financial Engines Advisors L.L.C. (FEA) to provide subadvisory services. EAG and FEA are unaffiliated registered investment advisers. EAG is an indirect subsidiary of Empower Annuity Insurance Company of America. Edelman Financial Engines® is a registered trademark of Edelman Financial Engines, LLC. ©2025 Edelman Financial Engines, LLC. Future results are not guaranteed by EAG, FEA, or any other party.

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.. 

Point-in-time advice is provided by an Empower representative registered with Empower Financial Services, Inc. at no additional cost to account owners. There is no guarantee provided by any party that use of the advice will result in a profit.  

IMPORTANT: The projections or other information generated by MoneyGuidePro regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results. MoneyGuidePro results may vary with each use and over time. Empower Retirement, LLC and its affiliates are not responsible for the third-party content provided.  

Investing involves risk, including possible loss of principal.

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

Securities, when presented, are offered and/or distributed by Empower Financial Services, Inc., Member FINRA/SIPC. EFSI is an affiliate of Empower Retirement, LLC.

The advice advantage. Day one through retirement.

Flexible education and advice for the entire journey

Guidance, education, and advice

Professionally managed solutions

Comprehensive financial planning

Fiduciary advice, tailored to personal goals

A closer look at managed accounts

My Total Retirement™

Professional Management Program

Advisor Managed Accounts

An online experience driving real-world results

Starting strong, finishing secure

Empower Dynamic Retirement Manager™ (DRM)

Empower Retirement Income Solution

Meeting people when it works for them

Leading the conversation on the value of advice

Peer-to-peer. Plan-to-plan.

Elements of fiduciary oversight

50 years of ERISA

Service you can count on, plan expertise you can trust

The advice advantage. Day one through retirement.

My Total Retirement™ 

Meeting people when it works for them

Peer-to-peer. Plan-to-plan.