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Empower Review: Pros, Cons, Features, and Pricing

Empower is a financial planning software designed for individual investors, employers, and financial advisors. Its tools for financial management and retirement planning include the Empower Personal Dashboard™, Empower Proposal System, and PlanVisualizer™. The software serves individuals from young professionals to retirees as well as financial advisors and retirement plan providers. Empower's ability to provide a complete financial picture and personalized investment advice enhances user confidence in financial planning. It's especially beneficial for those managing net worth, personal finance, and diversified holdings like individual stocks, mutual funds, and exchange-traded funds (ETFs).

Empower addresses common pain points such as managing multiple financial accounts and planning for retirement, benefiting financial advisors and individual investors. In this article, I'll cover Empower's features, pros and cons, use cases, pricing, etc., so you can decide if this software aligns with your financial planning and retirement planning needs, including asset allocation, asset location, tax planning, tax optimization, and estate planning.

Empower Evaluation Summary

Empower Overview

How We Test & Score Tools

Core Features

Ease of Use

Integrations

Empower Specs

Empower FAQs

Bradley Clifford
By Bradley Clifford

Bradley Clifford is a Chartered Accountant and the current VP of Finance at Black and White Zebra. With 15+ years of experience spanning full-cycle accounting, FP&A, M&A, and investor relations. Bradley has held senior roles at companies including Stack Overflow—where he supported its growth to a $1.8B acquisition—and Rewind. Bradley is passionate about using finance as a decision-making engine, leveraging technology, scenario planning, and AI-powered automation to transform insights into smarter, faster business strategies.