Empower Financial LLC is a registered investment advisor founded in January 2022 and based in Fremont, California. The firm offers broad financial planning and investment consultation services to individuals, high net worth individuals, trusts, estates, retirement plans, and small businesses. Empower Financial does not provide asset management services and does not manage client accounts directly or hold discretionary authority over investments. Instead, the firm provides advice on financial goals, budgeting, cash flow, debt management, college funding, employee benefits, retirement planning, tax planning, risk management, and estate planning. Empower Financial also assists with portfolio design, asset allocation, and alternative investments, but clients execute their own trades. Services are provided through two main models: a one-time project-based comprehensive financial plan for a flat fee, or ongoing hourly financial planning.
Fee Structure
Empower Financial charges $350 per hour for ongoing financial planning, billed at the end of each month. New clients starting with hourly planning are subject to a minimum of 5 hours ($1,750), which is due upfront upon signing the client agreement.
- Comprehensive Financial Plan — $3,000 to $10,000 depending on the complexity of your financial situation, covering cash flow, tax planning, investment strategy, employee benefits, and retirement projections.