Empower Advisory Group offers investment management and advisory services primarily to participants in employer-sponsored retirement plans, such as 401(k) and 403(b) plans, as well as individual account holders. Operating through sub-advisory relationships, Empower Advisory Group provides two main programs: Online Advice, which gives non-discretionary recommendations that participants implement themselves, and the Professional Management Program, which provides discretionary portfolio management tailored to individual goals, risk tolerance, and time horizon. The Professional Management Program also includes features like Income Beyond Retirement to help manage payouts for retirees. Empower Advisory Group is part of a larger family of financial services companies that provide recordkeeping, trust, and brokerage services.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.60% |
Fees are negotiable on a plan sponsor-by-sponsor basis and typically decline for account balances greater than $100,000, up to a maximum of 0.60%.
