{"url":"https://nivawealth.com/firms/empower-capital-management-107272","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/107272","regulatoryAum":77957342110,"crd":"107272","secFileNumber":"801-52309","legalName":"Empower Capital Management, LLC","displayName":"Empower Capital Management","website":"https://www.empower.com/investments","founded":null,"organization":"Colorado limited liability company","fiscalYearEnd":"December","headquarters":{"street":"8515 East Orchard Road, 2t3","city":"Greenwood  Village","state":"CO","stateName":"Colorado","country":"United States","postalCode":"80111"},"tradeNames":[],"registration":{"secApproved":"28 June 1996","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":319,"advisory":84,"brokerDealerReps":44,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":72977306848,"discretionaryAccounts":96,"nonDiscretionary":4980035262,"nonDiscretionaryAccounts":69,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":68},"clientTypes":[{"label":"Banking or thrift institutions","clients":null,"regulatoryAum":58159915},{"label":"Investment companies","clients":1,"regulatoryAum":44531228567},{"label":"Pooled investment vehicles","clients":8,"regulatoryAum":5507949521},{"label":"Pension and profit-sharing plans","clients":65,"regulatoryAum":5559282751},{"label":"State or municipal government entities","clients":15,"regulatoryAum":3652098309},{"label":"Insurance companies","clients":26,"regulatoryAum":17295425296},{"label":"Corporations and other businesses","clients":47,"regulatoryAum":1353197751}],"fees":[],"feeNotes":[],"custodians":[{"name":"Bank of New York","shortName":"Bank of New York","location":"New York, NY","smaAssets":14047323669},{"name":"Citibank, National Association","shortName":"Citibank, National Association","location":"New York, NY","smaAssets":4672316037},{"name":"State Street Bank and Trust","shortName":"State Street Bank and Trust","location":"Boston, MA","smaAssets":6032411418},{"name":"J.P. Morgan","shortName":"J.P. Morgan","location":"New York, NY","smaAssets":2825894089}],"custodyNote":"Empower Capital Management has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Lazaro Guzman","title":"Vice President","crd":"4600285"},{"name":"Jonathan Kreider","title":"President and CEO","crd":"6113947"},{"name":"Ryan Logsdon","title":"Vice President & Counsel","crd":"4088802"},{"name":"Ahmed Abdul-Jaleel","title":"Chief Compliance Officer","crd":"8065071"},{"name":"Tad Anderson","title":"Assistant Portfolio Manager","crd":"7490277"},{"name":"Jack Brown","title":"Chief Investment Officer","crd":"2602528"},{"name":"Darrin Robert Clough","title":"Portfolio Manager","crd":""},{"name":"John Clouthier","title":"Assistant Treasurer","crd":"2360700"},{"name":"Andrew Corwin","title":"Portfolio Manager","crd":"5543822"},{"name":"Abhijit Dande","title":"Derivatives Risk Manager","crd":"6435317"},{"name":"Alyssa Galbaugh","title":"Assistant Secretary","crd":"6567213"},{"name":"Richard Linton","title":"Manager","crd":"2107513"},{"name":"Mary Maiers","title":"Manager","crd":"4468209"},{"name":"David McLeod","title":"Manager","crd":"3041563"},{"name":"Maria Mendelsberg","title":"Portfolio Manager","crd":"4541246"},{"name":"Kelly New","title":"Financial Officer & Treasurer","crd":"6003857"},{"name":"Palak Patel","title":"Secretary","crd":"7665103"},{"name":"Robyn Richards","title":"Assistant Portfolio Manager","crd":"7483727"},{"name":"Olga Zhivnitskaya","title":"Counsel","crd":"7665306"}],"ownership":[{"label":"Empower Services Holdings US, LLC","detail":"Sole member in the 75% or more ownership band and a control person, since January 2024."},{"label":"Empower Annuity Insurance Company of America","detail":"Indirect owner: a member of Empower Services Holdings US, LLC in the 75% or more band and a control person, since January 2024.","parent":"Empower Services Holdings US, LLC"},{"label":"Empower Holdings, LLC","detail":"Indirect owner: a member of Empower Annuity Insurance Company of America in the 75% or more band and a control person, since January 2024.","parent":"Empower Annuity Insurance Company of America"},{"label":"Great-West Lifeco U.S. LLC","detail":"Indirect owner: a member of Empower Holdings, LLC in the 75% or more band and a control person, since January 2024.","parent":"Empower Holdings, LLC"},{"label":"Great-West Financial (nova Scotia) Co.","detail":"Indirect owner: a member of Great-West Lifeco U.S. LLC in the 75% or more band and a control person, since February 2000.","parent":"Great-West Lifeco U.S. LLC"},{"label":"Great-West Lifeco Inc.","detail":"Indirect owner: a member of Great-West Financial (nova Scotia) Co. in the 75% or more band and a control person, since February 2000.","parent":"Great-West Financial (nova Scotia) Co."},{"label":"Power Financial Corporation","detail":"Indirect owner: a shareholder of Great-West Lifeco Inc. in the 50% to 75% band and a control person, since March 1986.","parent":"Great-West Lifeco Inc."},{"label":"Power Corporation of Canada","detail":"Indirect owner: a shareholder of Power Financial Corporation in the 75% or more band and a control person, since December 1998.","parent":"Power Financial Corporation"},{"label":"Pansolo Holding Inc.","detail":"Indirect owner: a shareholder of Power Corporation of Canada in the 50% to 75% band and a control person, since October 2015.","parent":"Power Corporation of Canada"},{"label":"The Desmarais Family Residuary Trust","detail":"Indirect owner: a shareholder of Pansolo Holding Inc. in the 75% or more band and a control person, since October 2015.","parent":"Pansolo Holding Inc."},{"label":"Paul Desmarais","detail":"Indirect owner: trustee of The Desmarais Family Residuary Trust and a control person, since October 2013.","parent":"The Desmarais Family Residuary Trust"},{"label":"Andre Desmarais","detail":"Indirect owner: trustee of The Desmarais Family Residuary Trust and a control person, since October 2013.","parent":"The Desmarais Family Residuary Trust"},{"label":"Sophie Desmarais","detail":"Indirect owner: trustee, non-voting of The Desmarais Family Residuary Trust, since March 2018.","parent":"The Desmarais Family Residuary Trust"},{"label":"Gregory Fleming","detail":"Indirect owner: trustee of The Desmarais Family Residuary Trust and a control person, since February 2024.","parent":"The Desmarais Family Residuary Trust"},{"label":"Gary Doer","detail":"Indirect owner: trustee of The Desmarais Family Residuary Trust and a control person, since May 2023.","parent":"The Desmarais Family Residuary Trust"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[{"state":"Colorado","offices":1,"addresses":[{"street":"8515 East Orchard Road, 2t3","city":"Greenwood  Village","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"303-737-1646","stateRegisteredReps":6,"otherAdviserReps":4,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)","Other"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":1},{"label":"U.S. government/agency bonds","percent":28},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":68},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":9},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/107272/PDF/107272.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Empower Capital Management have?","answer":"Empower Capital Management has 162 clients and manages $78 billion for them, as of March 2026. They include 65 pension and profit-sharing plans, 47 corporations and other businesses and 26 insurance companies.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Empower Capital Management offer?","answer":"Empower Capital Management provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers and other activities.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Empower Capital Management use?","answer":"Empower Capital Management’s separately managed account assets are held at Bank of New York (New York, NY), with $14,047,323,669, State Street Bank and Trust (Boston, MA), with $6,032,411,418, Citibank, National Association (New York, NY), with $4,672,316,037 and J.P. Morgan (New York, NY), with $2,825,894,089. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Empower Capital Management have?","answer":"Empower Capital Management has 6 investment adviser representatives registered with state securities authorities, out of 319 employees, and 84 perform investment advisory functions. 44 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Empower Capital Management invest in?","answer":"At the end of its last fiscal year, Empower Capital Management’s separately managed accounts held 68% investment grade corporate bonds, 28% U.S. government and agency bonds, 1% exchange-traded equities, 1% state and local bonds, 1% high-yield corporate bonds and 1% cash and equivalents. It advises 9 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Empower Capital Management?","answer":"Empower Capital Management’s direct owner is Empower Services Holdings US, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Empower Capital Management get paid?","answer":"Empower Capital Management is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}