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Empower Reports Record Q3 Earnings: $264 Million After-Tax Base Earnings, $1.8 Trillion AUA, and 46% Net Asset Growth in Personal Wealth
Empower posted record third-quarter earnings driven by strong market returns, business growth, and increased sales. Year-over-year base earnings surged by 35%, reaching $264 million, while assets under administration rose to $1.8 trillion, marking a 26% increase. Empower’s Personal Wealth and Work
Nov 7, 2024
Empower
Empower Acquires OptionTrax to Deliver Integrated Equity Compensation Solutions
Empower, a leading retirement and wealth management provider, has acquired Plan Management Corporation (PMC), the company behind OptionTrax®, a comprehensive digital equity compensation platform. This acquisition will enhance Empower’s services by integrating OptionTrax’s capabilities, allowing
Sep 23, 2024
Empower
Workday:Using AI to Empower an Augmented Workforce
This article explores the concept of an augmented workforce, where artificial intelligence (AI) and human collaboration enhance productivity and innovation across industries. It emphasizes the importance of integrating AI with a human-centric approach to maintain job security and improve work proces
Feb 20, 2024
Empower
San Diego-based Payroll Integrations Secures $20M in Series A: A Deep Dive into the Future of Employee Financial Wellness
San Diego-based startup, Payroll Integrations, has successfully raised $20 million in a Series A funding round. The company, founded by Doug Sabella and Andrew Hallengren, specializes in providing a unique integration platform-as-a-service (iPaaS) that bridges the gap between payroll and benefits au
Nov 2, 2023
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