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Empower’s adviser managed accounts top $1.5 billion

Empower

The retirement plan provider created its managed account program in 2019.

Adviser managed accounts at Empower Retirement have surpassed $1.5 billion in assets and are being used by more than 500 plans and 14 advisory firms, the company said in a release.

Empower created the adviser managed account program in 2019. It is available to advisers serving the retirement plans of employers of all types and sizes, and in all sectors.

[More: Empower’s $1 billion deal for Personal Capital could boost rollover business]

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