Frequently Asked Questions

 

What is a financial plan and why do I need one?

A financial plan helps you see your current financial picture, discover and clarify your financial goals and gives you the actionable steps needed in order to pursue the life of your dreams. With the help of an advisor, you are able to address every aspect of your financial life, plan around any obstacles that arise and start pursuing the life you desire. Your advisor is your planning partner, educator, and accountability partner along the way.

Our advisors can assist you in your financial needs, including but not limited to: rolling over your 401K or employer sponsored plan, planning & saving for retirement, choosing the best investment model based on your risk, risk management, planning for your children’s college, everyday budgeting, leaving a legacy, etc.

How is Empower Wealth Management compensated for its services?

There are different ways we may get paid based on the services you need from us.

One way, is if you have a specific dollar amount you’re ready to invest, Empower Wealth Management may charge a percentage of the total amount you have invested with us.

If you are not ready to invest but are still in need of a plan or help clarifying your financial goals, Empower Wealth Management charges the client a flat fee for helping you establish and pursue your very own unique plan.

There are other methods of how we get paid depending on the service you are provided and the product that fits your needs, these will vary from product to product and will be discussed with you in detail before making any decisions.

What sets Empower Wealth Management apart from other financial advisors?

Empower Wealth Management’s team consists of not only financial advisors, but also CPAs and Enrolled Agents. This makes us your one-stop shop for investment and tax services where we look at your financial situation as a whole and plan around all aspects.