EMPOWER CAPITAL MANAGEMENT, LLC
Adviser information for EMPOWER CAPITAL MANAGEMENT, LLC last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Colorado, United States |
Employees
| Total Number of Employees | 305 |
|---|---|
| Investment Advisory/Research | 71 |
| Registered Broker-Dealer Representatives | 45 |
| Registered State Investment Advisers | 5 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 93 | $59.9B |
| Non-Discretionary | 61 | $5.0B |
| Total | 154 | $64.9B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | <5 | $73.2M |
| Investment companies | 1 | $30.8B |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 6 | $4.5B |
| Pension and profit sharing plans | 56 | $5.0B |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 13 | $3.6B |
| Other investment advisers | 0 | $0 |
| Insurance companies | 26 | $19.6B |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 49 | $1.3B |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 60 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)INSURANCE COMPANY SEPARATE ACCOUNTS SERVICES PROVIDED TO NON QUALIFIED RETIREMENT PLAN SPONSORS |
|---|---|
| Compensation | % of AUMFixed fees |
Identifiers
| SEC RIA File Number | 801-52309 |
|---|---|
| SEC ERA File Number | 801-52309 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 107272 |
| Legal Entity Identifier | None |
Principal Office
8515 EAST ORCHARD ROAD, 2T3GREENWOOD VILLAGE
CO
United States
Monday - Friday, 8AM - 5PM MT
Tel: 303-737-3000, Fax: 303-737-3827
Websites
Chief Compliance Officer
KATHERINE STONER
CHIEF COMPLIANCE OFFICER
8515 EAST ORCHARD ROAD, 2T3
GREENWOOD VILLAGE
CO
United States
Tel:
(303) 737-6010
K***************@**********M
(Full email address available in API data)
Regulatory Contact
KATHLEEN STEVENS
SR. MANAGER INVESTMENT ADVISORY
8515 EAST ORCHARD ROAD, 2T3
GREENWOOD VILLAGE
CO
United States
Tel:
303-737-1516
Fax:
(303) 737-3827
K************@**********M
(Full email address available in API data)
Industry Affiliates
| EMPOWER ADVISORY GROUP, LLC | Other investment adviser, including financial planners |
| EMPOWER ANNUITY INSURANCE COMPANY | Insurance company or agencySponsor, GP, manager of pooled investment vehicles |
| EMPOWER ANNUITY INSURANCE COMPANY OF AMERICA | Insurance company or agencySponsor, GP, manager of pooled investment vehicles |
| EMPOWER FINANCIAL SERVICES, INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| EMPOWER LIFE & ANNUITY INSURANCE COMPANY OF NEW YORK | Insurance company or agencySponsor, GP, manager of pooled investment vehicles |
| EMPOWER TRUST COMPANY, LLC | Trust companySponsor, GP, manager of pooled investment vehicles |
| IRISH LIFE INVESTMENT MANAGERS LIMITED | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| COLI-VUL 10: INVESTMENT DIVISION 2 (WELLS) | BOLI INSURANCE SEPARATE ACCOUNT | $56.7M | $0.0M | 1 |
| COLI-VUL 10: INVESTMENT DIVISION 3 (BANK UNITED) | BOLI INSURANCE SEPARATE ACCOUNT | $116.5M | $0.0M | 1 |
| COLI-VUL 11 SERIES ACCOUNT (BB&T) | BOLI INSURANCE SEPARATE ACCOUNT | $418.9M | $0.0M | 1 |
| COLI-VUL 3 SERIES ACCOUNT (HUNTINGTON) | BOLI INSURANCE SEPARATE ACCOUNT | $183.7M | $0.0M | 1 |
| COLI-VUL 5 SERIES ACCOUNT (US BANCORP) | BOLI INSURANCE SEPARATE ACCOUNT | $524.1M | $0.0M | 1 |
| COLI-VUL 8 SERIES ACCOUNT (AMERICAN EXPRESS II) | BOLI INSURANCE SEPARATE ACCOUNT | $250.3M | $0.0M | 1 |
| COLI-VUL MANAGED FUND II (WAMCO) | BOLI INSURANCE SEPARATE ACCOUNT | $139.1M | $0.0M | 1 |
| COLI-VUL MANAGED FUND IV (ECM) | BOLI INSURANCE SEPARATE ACCOUNT | $214.0M | $0.0M | 18 |
| COLI-VUL MANAGED FUND VI (PIMCO) | BOLI INSURANCE SEPARATE ACCOUNT | $615.0M | $0.0M | 23 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY OF AMERICA | Domestic Entity | EMPOWER SERVICES HOLDINGS US, LLC | MEMBER | 01/2024 | > 75% |
| LOGSDON, RYAN, LYNN | Individual | – | VICE PRESIDENT & COUNSEL | 11/2022 | < 5% |
| MCLEOD, DAVID, GEORGE | Individual | – | MANAGER | 05/2016 | < 5% |
| CLOUTHIER, JOHN, ANDREW | Individual | – | ASSISTANT TREASURER | 04/2014 | < 5% |
| KREIDER, JONATHAN, DAVID | Individual | – | PRESIDENT AND CEO | 02/2020 | < 5% |
| BROWN, JACK, EDWARD | Individual | – | CHIEF INVESTMENT OFFICER | 04/2023 | < 5% |
| STONER, KATHERINE, LEANN | Individual | – | CCO, HEAD OF COMPLIANCE | 08/2016 | < 5% |
| NEW, KELLY, BLANCHARD | Individual | – | FINANCIAL OFFICER & TREASURER | 04/2023 | < 5% |
| CORWIN, ANDREW, N | Individual | – | PORTFOLIO MANAGER | 04/2017 | < 5% |
| MENDELSBERG, MARIA, LYNN | Individual | – | PORTFOLIO MANAGER | 04/2018 | < 5% |
| LINTON, RICHARD, HENRY | Individual | – | MANAGER | 05/2019 | < 5% |
| EMPOWER HOLDINGS, LLC | Domestic Entity | EMPOWER ANNUITY INSURANCE COMPANY OF AMERICA | MEMBER | 01/2024 | > 75% |
| GREAT-WEST LIFECO U.S. LLC | Domestic Entity | EMPOWER HOLDINGS, LLC | MEMBER | 01/2024 | > 75% |
| GREAT-WEST FINANCIAL (NOVA SCOTIA) CO. | Foreign Entity | GREAT-WEST LIFECO U.S. LLC | MEMBER | 02/2000 | > 75% |
| GREAT-WEST LIFECO INC. | Foreign Entity | GREAT-WEST FINANCIAL (NOVA SCOTIA) CO. | MEMBER | 02/2000 | > 75% |
| POWER FINANCIAL CORPORATION | Foreign Entity | GREAT-WEST LIFECO INC. | SHAREHOLDER | 03/1986 | 50-75% |
| POWER CORPORATION OF CANADA | Foreign Entity | POWER FINANCIAL CORPORATION | SHAREHOLDER | 12/1998 | > 75% |
| PANSOLO HOLDING INC. | Foreign Entity | POWER CORPORATION OF CANADA | SHAREHOLDER | 10/2015 | 50-75% |
| THE DESMARAIS FAMILY RESIDUARY TRUST | Foreign Entity | PANSOLO HOLDING INC. | SHAREHOLDER | 10/2015 | > 75% |
| DESMARAIS, PAUL, GUY | Individual | THE DESMARAIS FAMILY RESIDUARY TRUST | TRUSTEE | 10/2013 | |
| DESMARAIS, ANDRE, ROGER | Individual | THE DESMARAIS FAMILY RESIDUARY TRUST | TRUSTEE | 10/2013 | |
| DESMARAIS, SOPHIE, CAROLINE | Individual | THE DESMARAIS FAMILY RESIDUARY TRUST | TRUSTEE, NON-VOTING | 03/2018 | |
| CLOUGH, DARRIN ROBERT | Individual | – | PORTFOLIO MANAGER | 04/2021 | < 5% |
| ARNESE, ANTHONY, JOSEPH | Individual | – | ASSISTANT PORTFOLIO MANAGER | 11/2021 | < 5% |
| Richards, Robyn, Rastetter | Individual | – | ASSISTANT PORTFOLIO MANAGER | 11/2021 | < 5% |
| DANDE, ABHIJIT | Individual | – | DERIVATIVES RISK MANAGER | 11/2021 | < 5% |
| ANDERSON, TAD | Individual | – | ASSISTANT PORTFOLIO MANAGER | 11/2021 | < 5% |
| Patel, Palak | Individual | – | SECRETARY | 11/2022 | < 5% |
| Finster, Abiane | Individual | – | ASSISTANT SECRETARY | 11/2022 | < 5% |
| Zhivnitskaya, Olga | Individual | – | COUNSEL | 11/2022 | < 5% |
| GUZMAN, LAZARO | Individual | – | VICE PRESIDENT | 04/2023 | < 5% |
| MAIERS, MARY, CAROL | Individual | – | MANAGER | 07/2023 | < 5% |
| EMPOWER SERVICES HOLDINGS US, LLC | Domestic Entity | – | SOLE MEMBER | 01/2024 | > 75% |
| FLEMING, GREGORY, JAMES | Individual | THE DESMARAIS FAMILY RESIDUARY TRUST | TRUSTEE | 02/2024 |