{
  "crd_number": 107272,
  "slug": "empower-capital-management-llc-greenwood-village-co-107272",
  "primary_business_name": "EMPOWER CAPITAL MANAGEMENT, LLC",
  "legal_name": "EMPOWER CAPITAL MANAGEMENT, LLC",
  "dbas": [],
  "city": "Greenwood Village",
  "state": "CO",
  "country": "United States",
  "cbsa_code": "19740",
  "metro": {
    "cbsa_code": "19740",
    "common_name": "Denver",
    "msa_name": "Denver-Aurora-Centennial, CO",
    "path": "/advisors/co/denver"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1996-06-28",
  "years_registered": 30,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 77957342110.0,
  "raum_discretionary": 72977306848.0,
  "raum_non_discretionary": 4980035262.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 319,
  "advisory_employees": 84,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "banking_thrift": {
      "raum": 58159915.0,
      "count": null,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 3652098309.0,
      "count": 15
    },
    "insurance_companies": {
      "raum": 17295425296.0,
      "count": 26
    },
    "investment_companies": {
      "raum": 44531228567.0,
      "count": 1
    },
    "pension_profit_sharing": {
      "raum": 5559282751.0,
      "count": 65
    },
    "pooled_investment_vehicles": {
      "raum": 5507949521.0,
      "count": 8
    },
    "corporations_other_businesses": {
      "raum": 1353197751.0,
      "count": 47
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 1,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://empower.com/investments"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/107272",
  "disclosure_items": [
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    }
  ],
  "city_as_filed": "GREENWOOD  VILLAGE",
  "url": "https://advisorcensus.com/firm/empower-capital-management-llc-greenwood-village-co-107272",
  "display_name": "Empower Capital Management, LLC",
  "summary": "Empower Capital Management, LLC is an SEC-registered investment advisory firm in Greenwood Village, CO, registered since 1996, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Empower Capital Management, LLC (CRD 107272): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development 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"
  ],
  "quick_answers": [
    {
      "q": "How is Empower Capital Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Empower Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Empower Capital Management, LLC located?",
      "a": "Empower Capital Management, LLC's principal office is in Greenwood Village, CO, according to its Form ADV."
    },
    {
      "q": "Is Empower Capital Management, LLC registered with the SEC or a state?",
      "a": "Empower Capital Management, LLC is an SEC-registered investment advisory firm, registered since 1996. Status as filed: Approved. CRD 107272."
    },
    {
      "q": "How much does Empower Capital Management, LLC manage?",
      "a": "Empower Capital Management, LLC reports $77,957,342,110 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (94% discretionary)."
    },
    {
      "q": "How have Empower Capital Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Empower Capital Management, LLC: Regulatory assets under management: $41,486,941,629 in the October 2021 data and $77,957,342,110 in the October 2026 data, up 88%. Total employees: 168 in October 2021 and 319 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Empower Capital Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (65); corporations or other businesses not listed above (47); insurance companies (26)."
    },
    {
      "q": "Which custodians does Empower Capital Management, LLC use?",
      "a": "Empower Capital Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Bank of New York, Citibank, N.A., J.P. Morgan and State Street Bank and Trust as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Empower Capital Management, LLC report any disciplinary disclosures?",
      "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/107272"
    },
    {
      "q": "What changed in Empower Capital Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 78 to 84. Regulatory assets under management went from $68,344,867,702 to $77,957,342,110 (+14%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 41486941629.0,
      "total_employees": 168,
      "filing_date": "2021-09-10"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 58624561186.0,
      "total_employees": 195,
      "filing_date": "2022-08-15"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 54431410714.0,
      "total_employees": 260,
      "filing_date": "2023-07-11"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 64880528684.0,
      "total_employees": 305,
      "filing_date": "2024-08-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 68344867702.0,
      "total_employees": 321,
      "filing_date": "2025-05-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 77957342110.0,
      "total_employees": 319,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 78 to 84.",
        "Regulatory assets under management went from $68,344,867,702 to $77,957,342,110 (+14%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Bank of New York",
      "name_as_filed": "BANK OF NEW YORK",
      "affiliated": false
    },
    {
      "name": "Citibank, N.A.",
      "name_as_filed": "CITIBANK, N.A.",
      "affiliated": false
    },
    {
      "name": "J.P. Morgan",
      "name_as_filed": "J.P. MORGAN",
      "affiliated": false
    },
    {
      "name": "State Street Bank and Trust",
      "name_as_filed": "STATE STREET BANK AND TRUST",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/empower-capital-management-llc-greenwood-village-co-107272.md",
  "clients": [
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": null,
      "fewer_than_5": true,
      "raum": 58159915.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 44531228567.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 8,
      "fewer_than_5": false,
      "raum": 5507949521.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 65,
      "fewer_than_5": false,
      "raum": 5559282751.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 15,
      "fewer_than_5": false,
      "raum": 3652098309.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 26,
      "fewer_than_5": false,
      "raum": 17295425296.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 47,
      "fewer_than_5": false,
      "raum": 1353197751.0
    }
  ],
  "disclosure_line": "Reports 1 disclosure item on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/107272",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}