Retirement and wealth management platform serving 19M+ individuals
Empower is the second-largest retirement recordkeeper in the U.S., serving 19 million individuals across 88,000 organizations. The tech stack reflects a large financial services operation: SAP and Salesforce for core business processes, AWS + Snowflake for data infrastructure, and Istio/Envoy for service orchestration. Active hiring is concentrated in finance (44 roles) and support (40 roles), with compliance and data governance emerging as pain points — signaling investment in regulatory infrastructure and data management as the company scales advice distribution and outside asset onboarding.
Notable leadership hires: Creative Director
Empower operates a comprehensive wealth and retirement platform anchored in recordkeeping, investment management, and financial wellness tools. The company traces its legacy to a Canadian insurance firm founded in 1891, with the modern Empower brand launched in 2014. It serves over 19 million individuals and more than 88,000 organizations, positioning itself as a dominant player in the U.S. retirement services market. Current operational priorities include enhancing client experience, expanding wallet share, deepening client relationships, and rolling out custom reporting and compliance frameworks for advice distribution.
Empower serves more than 19 million individuals and over 88,000 organizations as of March 31, 2025.
Empower is the second-largest retirement recordkeeper in the U.S. by participant count, according to the Pension & Investments DC Recordkeeper Survey (2024).
Empower is headquartered in Greenwood Village, Colorado, and is a publicly traded company founded in 2014.
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