Empowered Funds, LLC is a large advisory firm based in Broomall. It manages $376 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Pennsylvania.
Empowered Funds provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Empowered Funds, LLC is $376 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 847% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Empowered Funds, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Empowered Funds is investment companies with 1 clients and $376 million of assets under management. Among the 10 most similar advisory firms, Empowered Funds has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $376 million for 1 clients. None of the firm’s clients are foreign persons or businesses.
Empowered Funds doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Empowered Funds, LLC is owned by David Michael Babulak. Alpha Architect joined the executive team most recently as the Owner (100%).
The principal office where Empowered Funds, LLC performs its advisory services is located at 213 Foxcroft Road, Broomall, PA 19008, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 1.215.882.9983 or by fax 1.216.245.3686. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at alphaarchitect.com.