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Empower
Overview
Empower is a prominent player in the finance industry, specializing in investment banking and financial services, with a focus on retirement planning and employee benefits. Founded in 1891 and headquartered in the United States, the company employs over 10,000 individuals and generates significant revenue. Empower's published documents encompass a variety of themes, including guides, research reports, and white papers that provide insights into retirement plan design, nonqualified deferred compensation (NQDC) plans, and cash balance plans. Their content addresses the needs of highly compensated employees and broader workforce groups, emphasizing the importance of effective retirement strategies and employee engagement in savings behavior. Recent publications explore the integration of mental health and financial wellness, the impact of ERISA on retirement security, and the value of financial advice. Empower also examines trends in private market investments and offers technical reports aimed at enhancing employer-sponsored retirement plans. Through these documents, Empower aims to inform and support organizations in optimizing their employee benefit offerings and improving overall financial wellness.