Empower (financial services)
Empower is a retirement plan recordkeeping financial holding company based in Greenwood Village, Colorado, United States. It is the second-largest retirement plan provider in the United States.
Headquarters of Empower | |
| Company type | Subsidiary |
|---|---|
| ISIN | CA39138C1068 |
| Industry | Financial services |
| Founded | 1891 |
| Founder | Jeffry Hall Brock |
| Headquarters | , U.S. |
Number of locations | ~40 (as of December 2020) |
Area served | Worldwide |
Key people | Edmund F. Murphy III (CEO) |
| Products | Investment banking Finance Finance and insurance Asset management Wealth management Investment management Brokerage services Mutual funds Insurance Risk management Investment advisory Annuities Employee benefits Equities trading Financial advisory Retirement planning Financial literacy Underwriting |
| Services | Financial services |
| Revenue | US$60.6 bil Ytd Dec'2020 65.9% |
Net income | US$3.1 bil Ytd Dec'202064.8% |
| AUM | US$1.0 trillion Ytd Dec'2020 |
| Total assets | US$1.0 trillion Ytd Dec'2020 |
| Members | ~12.0 million individuals over 67,000 Organization (2020) |
Number of employees | ~245,800(~197,000 advisor relationships Employees, 40,000 advisor Employee ~8,800 Core Employees and thousands of distribution partners Employees) (2020) |
| Parent | Great-West Lifeco |
| Subsidiaries | Personal Capital |
| Rating | Fitch: AA (2020) Moody's: Aa3 (2020) S&P: AA (2020) AM Best: A+ (2020) |
| Website | empower |
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