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Empower to Encourage Americans to Confront Everyday Money Concerns

Empower to Encourage Americans to Confront Everyday Money Concerns

Empower to answer 86% of America’s money questions with new TV spots for “What’s Next” brand campaign 

By Global FinTech Series 

The majority of Americans have questions about money like where to spend it and how to save it, though nearly 1 in 3 worry they’ll be judged for asking.1 In fact, more than a third regularly worry about money – and that’s higher for Gen Z and Millennials (51% and 49%).1 New TV spots from Empower, a leader in financial planning,2 investing, and advice, encourage Americans to confront everyday money concerns head-on, so they can confidently take on “What’s Next” in life, work and play.

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The financial services company ads take aim at financial stressors inspired by some of Americans’ top money queries – like how to afford the here and now while planning for milestones from hosting a wedding or leaving an inheritance, as a part of its “Empower What’s Next” campaign. People confess they don’t talk about saving for retirement (27%) and are uncertain about navigating money in a variety of situations, whether it’s buying a wedding gift (67%) or budgeting for a vacation (56%)1 – and it’s time to start.

Stephen E. Jenks, Senior Vice President and CMO of Empower says: “Every generation has questions about money, but nearly half of Americans (44%) say they never talk about how much they have or how much they need to be financially secure (44%). Our new TV spots challenge traditional money taboos with a sense of levity to help people overcome anxieties that might be holding them back from reaching their full financial potential.”

Ultimately, Americans believe more open conversations about money can have a transformative effect on society: 66% think it can help more people achieve financial freedom.

“With the power of advice from our financial professionals paired with our real-time technology, we help people find answers to work towards securing a brighter financial future,” says Jenks.

The brand campaign marks the company’s expansion in consumer wealth management with the launch of its Empower Personal Wealth division last year, which realised an asset growth of 30% during the 12-month period ending Sept. 30, 2023.

Developed in partnership with creative agency Pereira O’Dell, the commercials will run nationwide across primetime, lifestyle networks, sports and news channels, audio and digital partnerships, with more spots to roll out across the year.

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