Empower Advisory Group, LLC

RIASEC Registered

Total AUM

$195B

Discretionary

$164B

84% of AUM

Avg account

$658K

Accounts

297,074

Employees

8,051

Advisory reps

2,018

Firm details

Headquarters: Greenwood Village, Colorado
CRD number: 112058
Registered since: November 22, 2000
Website: www.empower.com
Custodians: EMPOWER, PERSHING LLC, STATE STREET BANK AND TRUST COMPANY
Fee structure: Percentage of AUM, Fixed Fees
Client types: Individuals65%
HNWI19.82%
State / Municipal Government13.08%
Pension & Profit Sharing Plans2.02%
Corporations / Businesses0.07%
Services: Financial PlanningPortfolio Management for IndividualsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Empower Advisory Group, LLC is a non-independent retail registered investment adviser that has been SEC-registered since 2000. It operates as a capital allocator serving both individual and family clients as well as institutional investors, and it blends portfolio management and financial planning with educational programming for clients and prospects. The firm charges a mix of percentage-of-AUM and fixed fees and identifies itself as an active ESG investor, incorporating environmental, social, and governance considerations into its investment approach. Operationally, Empower Advisory Group maintains a range of industry relationships: it is affiliated with broker-dealers, a trust company, insurance entities, and functions as a sponsor/GP or managing member for pooled investment vehicles in addition to working with other investment advisers and commodity organizations. Those sponsorship and sponsor-of-LP roles indicate the firm not only allocates to outside managers but also structures pooled vehicles for client access.