Empower Personal Dashboard review

Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Empower Personal Dashboard suits US savers who want a managed retirement account without a fee attached. The management fee is 0% and the minimum investment is $0, so the cost side is as light as it gets. It fits people who would rather set it and leave it than trade.

Key facts

Best for
A managed retirement account with a management fee of 0% and a minimum investment of $0.
Management fee
0% (Source, checked September 26, 2026)
Minimum investment
$0 (Source, checked September 26, 2026)
Account types
IRA (Source, checked September 26, 2026)
Portfolio types
ETF, Cash (Source, checked September 26, 2026)
Legal entity
Empower Advisory Group, LLC (Source, checked September 26, 2026)
Headquarters
United States (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre (Source, checked September 26, 2026)
Official website
empower.com

Brokers

Minimum deposit
$0 (Source, checked September 26, 2026)
Stock trade fee
$0 (Source, checked September 26, 2026)
Account fee
$0 (Source, checked September 26, 2026)
Markets
Stocks, ETFs, Funds (Source, checked September 26, 2026)
Account types
IRA (Source, checked September 26, 2026)
Legal entity
Empower Advisory Group, LLC (Source, checked September 26, 2026)
Headquarters
United States (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre (Source, checked September 26, 2026)
Features
Mobile app
Pricing model
Commission-free, Low fees

Apps and profiles

Get the app
App Store
Elsewhere
WikidataWikipediaLinkedInX

Pros and cons

Pros

  • Management fee of 0% and an account fee of $0, so nothing leaves the balance each year.
  • Minimum investment of $0 and a minimum deposit of $0, so a small first contribution is enough.
  • Stock trades cost $0 across stocks, etfs and funds, with managed portfolios in ETF and cash styles.

Cons

  • The account type is an IRA, so it is a retirement account rather than a general dealing account.
  • Markets stop at stocks, etfs and funds, with no crypto, options or forex added on.
  • Support runs on email, phone and help centre, so there is no live chat for quick questions.
Empower Personal Dashboard

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Who it suits

  • US savers building a retirement account who want it run for them at no annual charge.
  • People who prefer ETF and cash portfolios over picking their own shares.
  • Long-term investors content with a conventional asset range.

Who should look elsewhere

  • eToro, where the managed portfolios start at $500.
  • Vivid Standard, which charges a management fee of 0.5% to 1.5%.
  • Axos Invest, where managed portfolios start at $100.

What trading costs

Cost is the whole pitch. The management fee is 0%, so there is no annual percentage skimmed off the balance, and the minimum investment is $0, so nothing stands between you and the first deposit. Few advisers match charging nothing on both counts, which leaves more of each contribution working for you over time.

Who runs it

The account is run by Empower Advisory Group, LLC, which is based in the United States, so the service is built around the US market. Support comes through email, phone and help centre, which covers phone, email and a help centre rather than live chat. One thing worth checking first is whether that setup fits your own country and account type before you fund it.

How Empower Personal Dashboard compares

Frequently asked questions

What does Empower Personal Dashboard charge?+

The management fee is 0% and the account fee is $0, so nothing is taken out of the balance for holding or running the account. Trading is separate, and the stock trade fee is $0, which keeps running costs thin overall.

Is there a minimum to get started?+

The minimum investment is $0 and the minimum deposit is $0, so you can begin with a small amount rather than waiting for a large balance. That makes it a practical first step for anyone building a retirement pot gradually.

What can I hold in the account?+

Markets cover stocks, etfs and funds, so the account is built around conventional investments rather than derivatives or digital assets. Managed portfolios come in etf and cash styles, a mix most people want for a long retirement horizon and one that keeps the choice simple.

What type of account is it?+

The account type is an IRA, so this is a retirement vehicle rather than a general brokerage account. You are saving inside a retirement wrapper for the long term, not trading day to day. If you do buy individual names, the stock trade fee is $0.

Does it charge for buying shares?+

The stock trade fee is $0, and the model is commission-free with low fees on top, so rebalancing and small adjustments do not eat into the balance. Add the management fee of 0% and there is very little friction between contributing money and holding it.

Who runs the account?+

The account is run by Empower Advisory Group, LLC, headquartered in the United States, which makes it a US product aimed at American savers rather than a global brokerage. The IRA structure and the fee-free charging both point the same way.

How do I get help?+

Support runs through email, phone and help centre, so phone, email and a help centre are the routes in, and there is no live chat. A mobile app is listed among the features, which is enough for checking balances and contributions on the move.

Can I use it from the UK or Europe?+

The provider is based in the United States and the account type is an IRA, so this is a retirement account set up for savers in that market. Readers in the UK and Europe would be looking at a wrapper built on different rules, with different tax treatment.

Sources

  • empower.com checked September 26, 2026

    Backs: Account types, Minimum investment, Portfolio types

    “Invest for retirement with tax-advantaged accounts, investment options and retirement planning.”

  • empower.com checked September 26, 2026

    Backs: Features

    “Retirement Planner, Net Worth, Budgeting and Cash Flow tools - Empower Personal Dashboard”

  • empower.com/about-us checked September 26, 2026

    Backs: Headquarters

    “2nd largest retirement services company in the U.S.”

  • empower.com/affiliates checked September 26, 2026

    Backs: Management fee

    “Help them gain clarity and control of their finances with the free Empower Personal Dashboard”

  • empower.com/contact-us checked September 26, 2026

    Backs: Support channels

    “We're happy to help with whatever you need.”

  • empower.com/products-solutions/investment-accounts checked September 26, 2026

    Backs: Account fee, Markets, Minimum deposit, Pricing model, Stock trade fee

    “High-yield cash account with no account fees, no minimums - High-yield Cash Account”

  • empower.com/wealth-management checked September 26, 2026

    Backs: Legal entity

    “Advisory services are provided for a fee by Empower Advisory Group, LLC ("EAG")”

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Regulators, Investor protection.

Empower Personal Dashboard

Empower Personal Dashboard

A managed retirement account with a management fee of 0% and a minimum investment of $0.

9.4/10Visit

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