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Empower Retirement

Empower is engaged in providing retirement plans for individuals and financial professionals. Read more

Edmund F. Murphy's photo - President & CEO of Empower Retirement

President & CEO

Edmund F. Murphy

CEO Approval Rating

95/100

Founded:

1891

Status:

PrivateIndependent Company

EMPOWER RETIREMENT TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Principal is Empower Retirement's #1 rival. Principal was founded in 1879 in Des Moines, Iowa. Principal is in the Investment Banking & Brokerage field. Principal generates $10.7B more revenue than Empower Retirement.

Fidelity Investments is one of Empower Retirement's top competitors. Fidelity Investments is headquartered in Boston, Massachusetts, and was founded in 1946. Fidelity Investments competes in the Diversified Financial Services field. Fidelity Investments generates 777% the revenue of Empower Retirement.

Transamerica Corporation is seen as one of Empower Retirement's top competitors. Transamerica Corporation was founded in null, and its headquarters is in Harrison, New York. Transamerica Corporation operates in the industry. Transamerica Corporation has 8,697 fewer employees than Empower Retirement.

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Growth Score - 1/1

Is 8,800 a good estimate for Empower Retirement's Employee count?

Empower Retirement Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

Truist Retirement Plan Recordkeeping Business

Jan 2021

Source »
undisclosed
-

-

Retirement Business, Fifth Third Bank

Sep 2020

Source »
undisclosed
-

-

Retirement Plan Business, MassMutual

Sep 2020

Source »
undisclosed
-

These are all the companies that Empower Retirement has acquired. Empower Retirement has acquired 3 companies and its latest acquisition was Truist Retirement Plan Recordkeeping Business in Jan 2021.

Empower Retirement Funding History

No recent funding data found related to Empower Retirement

Empower Retirement Investments

No recent investments found related to Empower Retirement

These are all the companies that Empower Retirement has invested in. Empower Retirement has invested 3 companies and its latest investment was Truist Retirement Plan Recordkeeping Business in Jan 2021.

Empower Retirement News

January 6, 2021The Business Journals: Denver

Empower Retirement to acquire a major slice of Truist's retirement business

This marks the fourth acquisition in a year.... See more »
December 11, 2020planadviser

Empower Retirement Selects Asset Management SVP and Head

Empower Retirement Selects Asset Management SVP and Head... See more »
December 9, 2020Picante Today

Empower Retirement announces partnership with LPGA Tour champion Cheyenne Knight

GREENWOOD VILLAGE, Colo.-(BUSINESS WIRE)-#401k-Empower Retirement, the nation's second-largest retire... See more »
October 30, 2020MarketScreener

Wise 401(k) Retirement Solution as It Plans to Launch Companion Pooled Employer Plan in Early 2021

(marketscreener.com) Mercer, a global leader in redefining the world of work, reshaping retirement an... See more »
September 29, 2020The Business Journals: Denver

Empower Retirement makes second acquisition this month

The company has made three acquisitions since the end of June, two of which are valued at more than $... See more »
September 28, 2020planadviser

Empower Continues 2020 Acquisitions With Fifth Third Deal

The Fifth Third retirement plan business comprises more than 475 workplace savings plans populated by... See more »
September 8, 2020The Business Journals: Greensboro/Winston-Salem/High Point

Empower Retirement to acquire MassMutual's retirement plan business in $3.3B deal

Empower Retirement LLC, a Colorado-based retirement plan administrator with a large office in Milwauk... See more »

Empower Retirement Press Releases

January 4, 2021Cision Canada

Great-West Lifeco subsidiary, Empower Retirement, closes acquisition of retirement business of MassMutual

/CNW/ - Great-West Lifeco Inc. today announced its Colorado-based subsidiary, Empower Retirement (Emp... See more »
October 22, 2020Business Wire

Empower Retirement Achieves $110 Billion in New Retirement Plan Sales

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- #401k--Empower Retirement has announced $4.3 billion in s... See more »
August 13, 2020Business Wire

Americans Digging Deep, Would Cut Spending or Sell Valuables Before Reaching Into Retirement Savings

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- #401k--Americans are determined to keep their hands off t... See more »
June 9, 2020Business Wire

Empower Expands Fiduciary Role as SEC Regulation Best Interest Nears

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- #401k--Empower Retirement continues to assume the role of... See more »
March 19, 2020Business Wire

Empower Retirement urges Congress to enact disaster relief for retirement savers

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- #401k--Empower Retirement seeks regulatory guidance and r... See more »
May 23, 2019Business Wire

Empower Retirement lauds House approval of the SECURE Act of 2019

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--lt;a href="https://twitter.com/hashtag/401k?src=hash" targ... See more »
April 9, 2019Business Wire

Empower Retirement Unveils Student Debt Solution to Help Employees Take Action on Repayment

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--lt;a href="https://twitter.com/hashtag/401k?src=hash" targ... See more »

Empower Retirement Videos

September 25, 2020EMPOWER Retirement Youtube Channel

"Empower Field at Mile High: Paper Football" on YOUTUBE

April 27, 2020EMPOWER Retirement Youtube Channel

"Welcome to Empower Retirement" on YOUTUBE

December 20, 2019EMPOWER Retirement Youtube Channel

"Webb Design presented by Empower Retirement" on YOUTUBE

December 13, 2019EMPOWER Retirement Youtube Channel

"Empower Retirement: We Do The Right Thing" on YOUTUBE

October 25, 2019EMPOWER Retirement Youtube Channel

"Rob Steger: 401k for Cancer" on YOUTUBE

September 5, 2019EMPOWER Retirement Youtube Channel

"Welcome to Empower Field at Mile High" on YOUTUBE

Social Media

Empower Retirement Headquarters

--

New York, New York--

800-338-4015

Driving Directions »

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Empower Retirement Summary

ABOUT

Overview

Empower is engaged in providing retirement plans for individuals and financial professionals. Empower Retirement was founded in 1891. Empower Retirement's headquarters is located in New York, New York, USA --. Empower Retirement's latest acquisitions ...

CEO

Empower Retirement's President & CEO, Edmund F. Murphy, currently has an approval rating of 95%. Empower Retirement's primary competitors are Principal, Fidelity Investments & Transamerica Corporation.

Frequently Asked Questions about Empower Retirement

  1. When was Empower Retirement founded?

    Empower Retirement was founded in 1891
  2. Who is Empower Retirement's CEO?

    Empower Retirement's CEO is Edmund F. Murphy
  3. How much revenue does Empower Retirement generate?

    Empower Retirement generates $2.7B in revenue
  4. How much funding does Empower Retirement have?

    Empower Retirement has historically raised $0 in funding
  1. Where is Empower Retirement's headquarters?

    Empower Retirement's headquarters is in New York New York, USA
  2. How many employees does Empower Retirement have?

    Empower Retirement has 8,800 employees
  3. What sector does Empower Retirement operate in?

    Empower Retirement is in Retirement support Services
  4. Who are Empower Retirement's competitors?

    Empower Retirement's top competitors are Principal, Fidelity Investments, Transamerica Corporation