1 Personal Strategy advisory services are available when you invest $100,000 or more with us. Personal Strategy Wealth Management advisory services are available when you invest $250,000 or more with us. Empower Private Client advisory services are available when you invest $1,000,000 or more with us. Advisory fees do not include underlying fund expenses, brokerage fees, or other costs that may apply. Please review our full fee schedule for details.
2 Empower Personal Cash™ Program is offered through Empower Personal Wealth, LLC (“Empower”). Empower is not an FDIC-insured bank and deposit insurance covers the failure of an insured bank. Bank deposit products provided by UMB Bank n.a., Member FDIC (“UMB”). Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. To participate in the program, you must open an account at UMB, through which your funds will be placed in accounts at participating program banks (which may include UMB). The advertised interest rates are paid by participating program banks, including by UMB in its capacity as a participating program bank. Your funds will be FDIC insured up to applicable limits while in transit through UMB. UMB receives a fee from each program bank (except UMB) in connection with the program that is based on the aggregate daily closing balance of deposits held in program accounts by such program bank. The fee may vary from program bank to program bank and will generally increase as the aggregate amount of funds held in program accounts with the program bank increases.
The Empower Personal Cash™ standard Annual Percentage Yield (APY) as of 12/19/24 is 3.75% APY (3.687% interest rate). The Empower Personal Cash™ premium Annual Percentage Yield (APY) as of 2/3/25 is 4.05% APY (3.977% interest rate). The premium APY is only available to certain Personal Cash customers and subject to the terms and conditions communicated to the customer. For questions related to the premium APY, please reach out to our support team at [email protected]. The calculation for APY is rounded to the nearest basis point. Both the interest rate and APY are variable and subject to change at UMB’s discretion at any time without notice.
The information provided in your account application is being provided by you to UMB. UMB may share this information with UMB’s affiliates and with EMPOWER, each of which may use this information in accordance with its respective privacy policy. Upon acceptance of the application, an account will be opened with UMB.
3 Other account fees, fund expenses, brokerage or service fees may apply. The first one thousand trades (1,000) placed online each calendar year are $0; thereafter, each online trade will be charged $6.95. The fee will be displayed on the order preview screen before an order is placed. Other fees may apply.
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. EAG Form CRS
Consider all your options and their features and fees before moving money between accounts.
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.
EFSI Form CRS | Reg BI Disclosure | SEC Rule 605-606
