About Empower

About Us

Trusted by more than 12 million individuals2 and over 67,000 organizations2 to administer over $1 trillion3,4 in assets

Building a Better Retirement Company

We’re the second-largest retirement services provider in the United States,1 serving over 67,000 plans and 12 million participants.2 We’re singularly focused on retirement, with expertise across all plan types, company sizes and market segments.

With the recent addition of Personal Capital, a digital-first registered investment adviser and wealth manager, we are poised to deliver personalized advice, financial wellness and powerful, professional-grade financial tools to millions of people.

Bringing Our Focus to Life

Use our innovative tools and services to find the best options and strategies to help keep the money you’ve saved working for you

We are empowering people by making retirement planning more personalized, more accessible and easier to understand.

We are empowering employers by exceeding their expectations with solutions that make their job easier — regardless of the size or type of their retirement plans.

We are empowering partners by bringing to life a shared commitment and partnership that allows their clients to succeed.

Bio Image Murphy

“Our goal as a leader in the retirement services arena is to constantly improve the savings experience so that employers and employees alike can work together to understand every worker’s retirement needs for the future.”

Edmund F. Murphy III
President and CEO Empower Retirement

Personal Capital Quick Facts6

$16.5B

Assets under management

2.7+ million

platform users

436

employees

1 Pension & Investments Defined Contribution Survey Ranking as of April 2020.

2 As of January 4, 2021.

3 As of December 31, 2020. Information refers to the business of Great-West Life & Annuity Insurance Company and its subsidiaries, including Great-West Life & Annuity Insurance Company of New York and GWFS Equities, Inc. GWLA’s consolidated total assets under administration (AUA) were $971.6B. AUA is a non-GAAP measure and does not reflect the financial stability or strength of a company. GWLA’s statutory assets total $75.1B and liabilities total $72.9B. GWLANY statutory assets total $3.6B and liabilities total $3.4B.

4 Estimated assets after both the acquisition of the MassMutual retirement business and recent 1Q21 plan conversions.  

5 Based on best-in-class awards from PLANSPONSOR 2016 DC Survey, February 2017.

6 As of January 31, 2021.

Carefully consider the investment option’s objectives, risks, fees and expenses. Contact Empower Retirement for a prospectus, summary prospectus for SEC-registered products or disclosure document for unregistered products, if available, containing this information. Read each carefully before investing.

Securities offered and/or distributed by GWFS Equities, Inc., Member FINRA/SIPC. GWFS is an affiliate of Empower Retirement, LLC; Great-West Funds, Inc.; and registered investment advisers, Advised Assets Group, LLC and Personal Capital. This material is for informational purposes only and is not intended to provide investment, legal or tax recommendations or advice. 

IMPORTANT: The projections, or other information generated on the website by the investment analysis tool regarding the likelihood of various investment outcomes, are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. The results may vary with each use and over time.

Insurance products are issued by or offered through Great-West Life & Annuity Insurance Company, Corporate Headquarters: Greenwood Village, CO; or in New York, by Great-West Life & Annuity Insurance Company of New York, Home Office: New York, NY. Guarantees are subject to the terms and conditions of the contract and the claims-paying ability of the insurer.

The Empower Institute is a research group within Empower Retirement, LLC.

All features may not currently be available and are subject to change without notice. ©2021 Empower Retirement, LLC. All rights reserved.

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