The Wealth Break

Empower is a prominent financial services company based in Greenwood Village, Colorado, specializing in retirement plan recordkeeping and wealth management. As the second-largest retirement plan provider in the U.S., Empower administers over $1 trillion in assets for more than 12 million individuals across 67,000 organizational retirement plans.

Founded in 1891, Empower has evolved through various mergers and acquisitions, including significant partnerships with Great-West Life, JPMorgan Chase, and Putnam Investments. The company rebranded from "Empower Retirement" to "Empower" in 2022 to reflect its broader financial services offerings. Empower provides a range of services, including 401(k) plan administration, personalized financial guidance, and portfolio management. It also offers tools like PlanVisualizer™ and the Empower Dynamic Retirement Manager™ to enhance participant engagement and plan insights.

Empower serves over 61,000 organizations and individual investors, helping them achieve financial success. The company is committed to empowering financial freedom and improving financial literacy, and it has been recognized for its efforts in diversity and inclusion.