Empower's Q1 2026 Earnings Surge 23% on Record Investor Growth
Event summary
- Empower reported Q1 2026 base earnings of $314 million, up 23% YoY.
- The company surpassed 20 million investors served, marking a major milestone.
- Workplace Solutions generated $26 billion in gross plan sales, driven by pooled employer plans.
- Empower Personal Wealth earnings rose 65% YoY, fueled by strong net flows and advice demand.
- Total assets under administration reached approximately $2 trillion as of March 31, 2026.
The big picture
Empower's strong Q1 2026 performance underscores its leadership in the retirement services and wealth management sectors. The company's ability to attract and retain investors, coupled with its strategic focus on integrating workplace and wealth solutions, positions it well to capitalize on the growing demand for comprehensive financial services. The $2 trillion in assets under administration highlights its significant scale and competitive advantage in the market.
What we're watching
- Integration Strategy
- How Empower will leverage the integration of workplace and wealth capabilities to drive further growth.
- Market Volatility
- Whether Empower can sustain its growth trajectory amid elevated market volatility.
- Customer Engagement
- The pace at which Empower can deepen customer relationships through holistic advice and expanded offerings.
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