{
  "crd_number": 131425,
  "slug": "financial-empowerment-llc-burnsville-mn-131425",
  "primary_business_name": "FINANCIAL EMPOWERMENT LLC",
  "legal_name": "FINANCIAL EMPOWERMENT LLC",
  "dbas": [],
  "city": "Burnsville",
  "state": "MN",
  "country": "United States",
  "cbsa_code": "33460",
  "metro": {
    "cbsa_code": "33460",
    "common_name": "Minneapolis",
    "msa_name": "Minneapolis-St. Paul-Bloomington, MN-WI",
    "path": "/advisors/mn/minneapolis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2026-04-30",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 126374281.0,
  "raum_discretionary": 126374281.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 6829761.0,
      "count": 27
    },
    "high_net_worth_individuals": {
      "raum": 119544520.0,
      "count": 73
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "MN",
    "TX"
  ],
  "websites": [
    "https://finempowerment.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/131425",
  "city_as_filed": "BURNSVILLE",
  "url": "https://advisorcensus.com/firm/financial-empowerment-llc-burnsville-mn-131425",
  "display_name": "Financial Empowerment LLC",
  "summary": "Financial Empowerment LLC is an SEC-registered investment advisory firm in Burnsville, MN, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Financial Empowerment LLC (CRD 131425): 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)",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Financial Empowerment LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Financial Empowerment LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other."
    },
    {
      "q": "How much does Financial Empowerment LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Flat fee: $3,000 to $4,500 (Financial Planning); Hourly rate: $450 an hour (Consulting Services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Financial Empowerment LLC located?",
      "a": "Financial Empowerment LLC's principal office is in Burnsville, MN, according to its Form ADV."
    },
    {
      "q": "Is Financial Empowerment LLC registered with the SEC or a state?",
      "a": "Financial Empowerment LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 131425."
    },
    {
      "q": "How much does Financial Empowerment LLC manage?",
      "a": "Financial Empowerment LLC reports $126,374,281 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "What types of clients does Financial Empowerment LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (73); individuals (other than high net worth individuals) (27)."
    },
    {
      "q": "Does Financial Empowerment LLC 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/131425"
    },
    {
      "q": "What changed in Financial Empowerment LLC's recent Form ADV filings?",
      "a": "In the May 2026 filing data: Newly registered with the SEC."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Newly registered with the SEC."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $3,000 to $4,500 (Financial Planning)",
      "Hourly rate: $450 an hour (Consulting Services)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $3,000 to $4,500 (Financial Planning)"
        ],
        "quotes": [
          "Our Financial Planning fees are calculated and charged on a fixed fee basis, ranging from $3,000 to $4,500  per hour depending on the complexity and specific arrangement reached with the client."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $450 an hour (Consulting Services)"
        ],
        "quotes": [
          "Our Consulting Services fees are calculated and charged on an hourly basis, at $450 per hour. An estimate for the total hours is determined at the start of the advisory relationship."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 3000.0,
          "max": 4500.0,
          "period": "one_time",
          "service": "Financial Planning"
        },
        {
          "kind": "hourly",
          "amount": 450.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "Consulting Services"
        }
      ]
    },
    "quotes": [
      "Our Financial Planning fees are calculated and charged on a fixed fee basis, ranging from $3,000 to $4,500  per hour depending on the complexity and specific arrangement reached with the client.",
      "Our Consulting Services fees are calculated and charged on an hourly basis, at $450 per hour. An estimate for the total hours is determined at the start of the advisory relationship."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/financial-empowerment-llc-burnsville-mn-131425.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 27,
      "fewer_than_5": false,
      "raum": 6829761.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 73,
      "fewer_than_5": false,
      "raum": 119544520.0
    }
  ],
  "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/131425",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}
