Empower: Roger Hobby Named As EVP Of Personal Wealth Group

By Amit Chowdhry • Mar 26, 2024

Empower announced that Roger Hobby will join the company as Executive Vice President and Head of Advisory & Distribution for the firm’s wealth management business, Empower Personal Wealth. Hobby will join Empower on April 1.

Hobby will lead Empower’s in-plan and direct-to-consumer long-term customer focus, including high-quality service, financial planning, and advice expertise. And Hobby is a financial services leader who has had tremendous success in growing businesses through his career.

Hobby most recently worked at Fidelity Investments, where he was head of distribution for Private Wealth Management, Executive Services, Workplace Planning and Advice, and Stock Plan Services. He led Fidelity’s service to high-net-worth clients and workplace participants to help them meet their investment, equity compensation, trading, and planning needs.

Carol Waddell, President of Empower Personal Wealth, pointed out that Hobby demonstrated an exceptional focus on customers and the essential role a firm’s client-serving associates play in creating a trusted relationship with customers.

Before his recent role at Fidelity, Hobby was President of Fidelity’s Family Office Services group, where he was responsible for managing all strategy, sales, business development, technical product development, and relationship management for high-net-worth clients. And he previously worked as President of Wilmington Trust, N.A., where he led the development of wealth advisory services for clients throughout the northeastern United States, including private banking, equity compensation planning, investment services, fiduciary services, and family office services.

Hobby has a bachelor’s degree in finance from the University of Alabama and is a graduate of the General Management Program at Harvard Business School. And he currently maintains FINRA Series 6, 7, and 8 securities registrations and Series 63 and 66 state licenses.

KEY QUOTES:

“Roger has a very deep understanding of our customers’ needs and choices, and I am confident he will help Empower Personal Wealth create valuable experiences for them.”

– Carol Waddell, President of Empower Personal Wealth

“Empower is well positioned to continue the success they’ve had through an intense focus on the needs of customers, and I’m proud to become a part of their story. While Empower Personal Wealth is a more recent entrant in the wealth management market, we have a great opportunity to deliver world-class experiences to help customers achieve results.”

– Roger Hobby