Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Pension Administrator

Actuaries Unlimited, Inc.

Actuaries Unlimited, Inc. logo

Pension Administrator

National Administration, Inc.
(Remote / Menasha WI)

National Administration, Inc. logo

Relationship Manager - Retirement Plans

Spectrum Investment Advisors, Inc.
(Thiensville WI)

Spectrum Investment Advisors, Inc. logo

Retirement Plan Administrator

Premier Plan Consultants
(Remote / San Diego CA)

Premier Plan Consultants logo

Retirement Plan Consultant (RPC)

Qualified Plan Consultants, LLC (QPC)

Qualified Plan Consultants, LLC (QPC) logo

Loan and Distribution / Contribution Upload Specialist

Aimpoint Pension

Aimpoint Pension logo

Relationship Manager

Compass Retirement Consulting Group, Inc./Compass 360, LLC
(Remote / Stratham NH / MA)

Compass Retirement Consulting Group, Inc./Compass 360, LLC logo

Defined Contribution Account Manager with a Life!

Nova 401(k) Associates
(Remote / Houston TX / Dallas TX / Scottsdale AZ)

Nova 401(k) Associates logo

Investment Advisor

SWBC Retirement Plan Services
(Austin TX)

SWBC Retirement Plan Services logo

"You Break It, We Fix It" Administrator

Nova 401(k) Associates
(Remote / Houston TX / Dallas TX / Scottsdale AZ)

Nova 401(k) Associates logo

Senior Retirement Account Representative

Ohio Pension Services
(Akron OH)

Ohio Pension Services logo

Senior Plan Administrator

PCS Retirement, LLC

PCS Retirement, LLC logo

Retirement Plan Administrator

Excellent TPA

DC Plan Administrator

Farmer & Betts, Inc.
(Remote / CO / OR / WA)

Farmer & Betts, Inc. logo

Legal Assistant/Paralegal

Witman Stadtmauer, P.A.
(Florham Park NJ)

Senior Plan Document & Compliance Specialist

PCS Retirement, LLC

PCS Retirement, LLC logo

Senior Plan Consultant

Bidwell Consulting Services, Inc.
(Remote / Chico CA)

Bidwell Consulting Services, Inc. logo

Client Compliance Counsel

(Philadelphia PA / CT / DE / MA / NJ / NY / RI)

Gallagher logo

Plan Compliance Analyst (Administrator)

(Remote / Falls Church VA)

RPA logo

Retirement Plan Administrator

Bates & Company, Inc.
(Remote / Winter Park FL)

Bates & Company, Inc. logo

DC Plan Administrator

United Benefit Pensions Inc.
(Melville NY)

United Benefit Pensions Inc. logo

Retirement Plan Benefits Consultant

Compass Retirement Consulting Group
(Remote / Stratham NH)

Compass Retirement Consulting Group logo

Consultant / Retirement Plan Administration

Spectrum Pension Consultants, Inc.
(Remote / Tacoma WA)

Spectrum Pension Consultants, Inc. logo

Associate Consultant / Retirement Plan Administration

Spectrum Pension Consultants, Inc.
(Tacoma WA)

Spectrum Pension Consultants, Inc. logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

Press Releases by Date   |   Press Releases by Company Name

View More Press Releases by Empower Retirement

Press Release

Empower Retirement Launches Custom Managed Account Service with Advisors

Issued by Empower Retirement

Mar. 20, 2019

Nation's second largest retirement provider introduces Advisor Managed Accounts with independent advisory firms

GREENWOOD VILLAGE, Colo., March 20, 2019 -- Empower Retirement today announced a new means of delivering customized advisory services to workers saving for retirement through close collaboration with the skills and expertise of financial advisors.

Advisor Managed Accounts (AMA) drive integration between advisor firms and Empower by combining the strength of advisors' portfolio construction and plan design expertise with Empower's newly redesigned advisory services technology platform and client experience.

Empower serves the retirement needs of approximately nine million Americans who are saving for retirement through 39,000 retirement plans. The provision of advice to those individuals typically occurs through retirement managed accounts, which are designed to provide personalized retirement planning through an analysis of an individual's goals, demographic data and full financial picture.

AMA provides advisor firms with a seamless path to offer their own managed account services directly to their Empower Retirement clients, leveraging Empower's cutting-edge advisory services experience and infrastructure. Advisor firms serve as the registered investment advisor for the service and control the investment approach as well as pricing and branding. AMA is offered through Advised Assets Group, LLC (AAG), which also provides Empower Retirement Advisory Services.

"There's no question that the most successful retirement plans are designed to deliver access to professional advice," said Edmund F. Murphy, Empower Retirement President and CEO. "Advisors play a critically important role in the retirement-planning process and Advisor Managed Accounts creates a stronger partnership between an advisor's professional investment management philosophy and Empower's leading managed account service."

Empower already has launched AMA in partnership with advisory firms SageView Advisory Group, LLC, Mesirow Financial Retirement Planning and Advisory and Resources Investment Advisors, LLC, as early adopters of the new program.

"Advisor Managed Accounts offers retirement investors the best of both worlds - combining the strengths of SageView's advisors and dedicated investment team with all the services and technology of Empower," said Randall C. Long, AIF®, founder & managing principal of SageView. "It allows us to focus on designing a prudent retirement strategy for employees while having Empower there to deliver an optimal participant experience. We fully expect this revolutionary new managed account model to drive better outcomes for employees."

Empower is in active discussions with other advisory firms about offering AMA to their clients.

A white paper published by the Empower Institute last year lays out the fundamental value of using a managed account for retirement savings purposes. See the paper, "Made to Measure: Evaluating the Impact of a Retirement Managed Account," for further details.

AMA represents the latest of a series of Empower initiatives to focus on delivering managed account services in new ways. In 2017 the firm launched "Empower Dynamic Retirement Manager," a first-of-its-kind offering designed to integrate target date investing with the provision of managed accounts throughout an individual's working years.

Last year, Empower created and delivered "My Total Retirement," an end-to-end retirement management experience for plan participants designed to help an individual from the goal-setting stage at the start of one's career through a withdrawal strategy that's implemented when their working years conclude.

Empower's AMA offering is geared toward advisor-sold plans regardless of plan size. The program is available to advisors serving the retirement plan needs of employers from across the spectrum of employer types regardless of industry or government sector.

SageView Advisory Group, LLC, Mesirow Financial Retirement Planning and Advisory and Resources Investment Advisors, LLC are not affiliated with Empower Retirement.

About Empower Retirement
Headquartered in metro Denver, Empower Retirement administers $590 billion in assets for more than 9 million retirement plan participants. It is the nation's second-largest retirement plan record keeper by total participants (Pensions & Investments, April 2018). Empower serves all segments of the employer-sponsored retirement plan market: government 457 plans, small, midsize, and large corporate 401(k) clients, non-profit 403(b) entities, private-label recordkeeping clients and Individual Retirement Account customers. For more information, please visit

Learn More:
To learn more about how we're empowering plan sponsors and their participants to be more engaged in their retirement plans than ever before, call us at 800-719-9914.

There is no guarantee provided by any party that participation in any of the advisory services will result in a profit.


View More Press Releases by Empower Retirement

Editor's note: This press release has been issued by the company named above, not BenefitsLink. Reliance on information in this press release might be prudent only after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.

© 2021, Inc.