{
  "crd_number": 305031,
  "slug": "empower-wealth-management-cedar-park-tx-305031",
  "primary_business_name": "EMPOWER WEALTH MANAGEMENT",
  "legal_name": "DONATO WEALTH MANAGEMENT, PLLC",
  "dbas": [
    "EMPOWER WEALTH & TAX"
  ],
  "city": "Cedar Park",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "12420",
  "metro": {
    "cbsa_code": "12420",
    "common_name": "Austin",
    "msa_name": "Austin-Round Rock-San Marcos, TX",
    "path": "/advisors/tx/austin"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2020-11-13",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-08-27",
  "carried_forward": false,
  "raum_total": 349336470.0,
  "raum_discretionary": 342448426.0,
  "raum_non_discretionary": 6888044.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 8,
  "advisory_employees": 8,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 0.0,
      "count": 0
    },
    "individuals": {
      "raum": 96074653.0,
      "count": 350
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 253261817.0,
      "count": 201
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "TX"
  ],
  "websites": [
    "https://empoweringretirement.com",
    "https://facebook.com/empoweringretirement",
    "https://linkedin.com/company/empower-wealth-tax-pllc",
    "https://youtube.com/@EmpowerWealthandTax"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/305031",
  "city_as_filed": "CEDAR PARK",
  "url": "https://advisorcensus.com/firm/empower-wealth-management-cedar-park-tx-305031",
  "display_name": "Empower Wealth Management",
  "summary": "Empower Wealth Management is an SEC-registered investment advisory firm in Cedar Park, TX, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 27, 2026.",
  "citation": "AdvisorCensus. Empower Wealth Management (CRD 305031): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Empower Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Empower Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Empower Wealth Management located?",
      "a": "Empower Wealth Management's principal office is in Cedar Park, TX, according to its Form ADV; the September 2026 filing also lists 3 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Empower Wealth Management registered with the SEC or a state?",
      "a": "Empower Wealth Management is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 305031."
    },
    {
      "q": "How much does Empower Wealth Management manage?",
      "a": "Empower Wealth Management reports $349,336,470 in regulatory assets under management in its Form ADV filing dated August 27, 2026 (98% discretionary)."
    },
    {
      "q": "How have Empower Wealth Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Empower Wealth Management: Regulatory assets under management: $104,076,255 in the October 2021 data and $349,336,470 in the October 2026 data, up 236%. Total employees: 2 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Empower Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (350); high net worth individuals (201)."
    },
    {
      "q": "Which custodians does Empower Wealth Management use?",
      "a": "Empower Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Empower Wealth Management report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/305031"
    },
    {
      "q": "Does Empower Wealth Management state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated August 27, 2026 says: \"Empower Wealth Management generally requires a minimum account size of $10,000 for advisory accounts. However, from time-to-time, in its sole discretion, Empower Wealth Management may accept smaller accounts based on various criteria, such as anticipated future assets, related accounts, and other factors.\""
    },
    {
      "q": "What changed in Empower Wealth Management's recent Form ADV filings?",
      "a": "In the September 2026 filing data: Employees performing advisory functions went from 5 to 8. Changed its office addresses in Georgetown, TX. Changed its office addresses in Horseshoe Bay, TX. Added an office in Lakeway, TX."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 104076255.0,
      "total_employees": 2,
      "filing_date": "2021-07-14"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 158869189.0,
      "total_employees": 2,
      "filing_date": "2022-03-24"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 116298081.0,
      "total_employees": 3,
      "filing_date": "2023-03-24"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 146263447.0,
      "total_employees": 2,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 200249875.0,
      "total_employees": 2,
      "filing_date": "2025-04-22"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 349336470.0,
      "total_employees": 8,
      "filing_date": "2026-08-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Employees performing advisory functions went from 5 to 8.",
        "Changed its office addresses in Georgetown, TX.",
        "Changed its office addresses in Horseshoe Bay, TX.",
        "Added an office in Lakeway, TX."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $200,249,875 to $349,336,470 (+74%).",
        "Employees performing advisory functions went from 2 to 5."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated August 27, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$10,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $10,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Empower Wealth Management generally requires a minimum account size of $10,000 for advisory accounts. However, from time-to-time, in its sole discretion, Empower Wealth Management may accept smaller accounts based on various criteria, such as anticipated future assets, related accounts, and other factors."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 10000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Empower Wealth Management generally requires a minimum account size of $10,000 for advisory accounts. However, from time-to-time, in its sole discretion, Empower Wealth Management may accept smaller accounts based on various criteria, such as anticipated future assets, related accounts, and other factors."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/empower-wealth-management-cedar-park-tx-305031.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 350,
      "fewer_than_5": false,
      "raum": 96074653.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 201,
      "fewer_than_5": false,
      "raum": 253261817.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/305031",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}