{"id":2398,"date":"2026-05-07T19:08:00","date_gmt":"2026-05-07T17:08:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=4832dbca3d076e6a61fba601e760ce1b"},"modified":"2026-05-07T19:08:00","modified_gmt":"2026-05-07T17:08:00","slug":"empower-grows-earnings-23-to-record-high","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=2398","title":{"rendered":"Empower Grows Earnings 23% to Record High"},"content":{"rendered":"

\nBase earnings of $314m for first quarter 2026<\/i><\/b><\/p>

\nMore than 20 million now invest with Empower<\/i><\/b><\/p>

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower announced today strong momentum across its business in the first quarter of 2026, highlighted by the company surpassing 20 million investors served.<\/p><\/a><\/a>

\nThe retirement services and wealth management provider saw continued growth in sales and net flows during the quarter.<\/p>

\nEmpower announced it has achieved base earnings of $314 million for the first quarter of 2026, up 23% from the same period in 2025.<\/p>

\nEmpower released results as part of a broader quarterly announcement by its parent company, <\/b>Great-West Lifeco <\/b><\/a>(TSX: GWO). For more information, please see the company\u2019s <\/b>quarterly results<\/b><\/a> on its website.<\/b><\/p>

\n\u201cReaching the milestone of 20 million investors is a powerful reflection of the trust individuals and employers place in us every day,\u201d said Edmund F. Murphy III, president and CEO of Empower. \u201cWe are seeing meaningful momentum across our business\u2014from plan sales to pooled employer plans to wealth management\u2014and we remain focused on delivering the solutions, insights, and service our customers need to achieve financial confidence.<\/p>

\n\u201cThis milestone is about more than scale\u2014it\u2019s about responsibility,\u201d Murphy added. \u201cEarning the trust of 20 million people means showing up every day with the right tools, the right advice, and a relentless focus on helping them build better financial futures. It underscores the role we play in people\u2019s lives and the importance of continuing to innovate and invest on their behalf.\u201d<\/p>

\nEmpower\u2019s Workplace Solutions business generated $26 billion in gross plan sales, supported by strong demand across plan types, including continued adoption of pooled employer plans. The company added more than 335,000 new participants in the first quarter, reflecting strong employer interest in scalable retirement solutions. The unit continued to see elevated request-for-proposal activity during the quarter, with demand spanning corporate, government, Taft-Hartley, and not-for-profit plans. Funded sales were driven by both new client wins and plan conversions, reinforcing the company\u2019s competitive position across market segments.<\/p>

\nIn addition, Empower Personal Wealth\u2122, the firm\u2019s wealth management unit, realized a 65% year-over-year increase in earnings, driven by strong net flows and demand for financial advice. The unit continued its trajectory of strong growth fueled by a combination of organic client acquisition, deeper engagement with existing customers, and expanded advice offerings.<\/p>

\nThe company continues to expand its presence as one of the largest retirement services providers in the United States, with total assets under administration of approximately $2 trillion as of March 31, 20262<\/sup>.<\/p>

\nThe integration of workplace and wealth capabilities remains central to Empower\u2019s strategy, enabling individuals to manage their full financial lives\u2014from retirement savings to personal investing\u2014within a single platform.<\/p>

\n\u201cDelivering for our customers will always remain our top priority, and that extends to periods of elevated market volatility like this quarter,\u201d said Murphy. \u201cAs Empower deepens its relationships, we expect growth to emerge through several factors \u2013 greater customer engagement, more holistic advice, an expanded product and service solution set.\u201d<\/p>

\nAbout Empower<\/b><\/p>

\nRecognized as a leader in retirement services and wealth management,1 <\/sup>Empower administers over $2 trillion in assets2<\/sup> for more than 20 million individuals through the provision of workplace and individual retirement plans, advice, financial planning, and investments. Connect with us on empower.com<\/a>, Facebook<\/a>, X<\/a>, LinkedIn<\/a>, TikTok<\/a>, and Instagram.<\/a><\/p>

    \n
  1. \nPensions & Investments DC Recordkeeper Survey (2025). Ranking measured by total number of participants as of December 31, 2024.<\/li>\n
  2. \nAs of March 31, 2026. Information refers to all retirement business of Empower Annuity Insurance Company of America (EAICA) and its subsidiaries, including Empower Retirement, LLC; Empower Life & Annuity Insurance Company of New York (ELAINY); and Empower Annuity Insurance Company (EAIC), marketed under the Empower brand. Assets under Administration (AUA) refers to the assets administered by Empower. AUA does not reflect the financial stability or strength of a company.<\/li>\n<\/ol>

    \nEmpower refers to the products and services offered by Empower Annuity Insurance Company of America and its subsidiaries. \u201cEMPOWER\u201d and all associated logos and product names are trademarks of Empower Annuity Insurance Company of America.<\/p>

    \nThe information contained herein is being provided for discussion purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy or sell securities. All visuals are illustrative only.<\/p>

    \n\u00a92026 Empower Retirement, LLC. All rights reserved. RO-5464569-0526<\/p>

    \nLearn more:<\/b><\/p>

    \nTo learn more about how we\u2019re empowering plan sponsors and their participants to be more engaged in their retirement plans than ever before, call us at 800-719-9914.<\/p> Contacts<\/b>

    \nMedia contacts:<\/b>Stephen Gawlik - Stephen.Gawlik@empower.com<\/a>Mandy Cassano - Mandy.Cassano@empower.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

    Base earnings of $314m for first quarter 2026
    \nMore than 20 million now invest with EmpowerGREENWOOD VILLAGE, Colo.–(BUSINESS WIRE)–Empower announced today strong momentum across its business in the first quarter of 2026, highlighted by the company s…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2398","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/2398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2398"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/2398\/revisions"}],"predecessor-version":[{"id":2399,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/2398\/revisions\/2399"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}