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RIA comparison · SEC Form ADV

Empower Advisory Group, LLC vs Focus Partners Wealth, LLC

Two independent wealth managers side by side: assets, clients, staff, services and fees, from each firm’s own filing.

The short answer

Empower Advisory Group, LLC is the larger of the two, with $195B in regulatory assets to $182B at Focus Partners Wealth, LLC, 7% more than its rival, by their latest Form ADV filings. Empower Advisory Group, LLC reports more individual clients (293,347 vs 61,002), while Focus Partners Wealth, LLC’s clients hold more on average (about $2.6 million each against $570,000). Empower Advisory Group, LLC is based in Greenwood Village, Colorado and Focus Partners Wealth, LLC in St. Louis, Missouri.

FigureEmpower Advisory Group, LLCFocus Partners Wealth, LLC
Regulatory AUM$195B$182B
National rank#6#7
HeadquartersGreenwood Village, ColoradoSt. Louis, Missouri
Individual clients293,34761,002
High-net-worth clients20,52430,177
Average client assets$570,000$2.6 million
Accounts297,074220,585
Discretionary84% of AUM82% of AUM
Employees8,0511,915
Advisory staff6,1381,025
Clients per advisory employee4860
Offices1,235113
Form ADV filed2026-07-092026-09-29

Empower Advisory Group, LLC

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Educational seminars and workshops

How it’s paid

  • A percentage of assets under management
  • Fixed fees

Focus Partners Wealth, LLC

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for investment companies
  • Portfolio management for pooled investment vehicles
  • Portfolio management for businesses and institutions
  • Pension consulting
  • Selecting other advisers
  • Periodicals or newsletters
  • Educational seminars and workshops
  • Other services

How it’s paid

  • A percentage of assets under management
  • Hourly charges
  • Fixed fees
  • Performance-based fees
  • Other

Questions

Which is bigger, Empower Advisory Group, LLC or Focus Partners Wealth, LLC?

Empower Advisory Group, LLC, with $195B in regulatory assets under management against $182B at Focus Partners Wealth, LLC. Nationally they rank #6 and #7 among 5,657 independent wealth management RIAs.

How many clients do Empower Advisory Group, LLC and Focus Partners Wealth, LLC have?

Empower Advisory Group, LLC reports 293,347 individual clients (20,524 high-net-worth) with 6,138 advisory employees; Focus Partners Wealth, LLC reports 61,002 (30,177 high-net-worth) with 1,025 advisory employees.

How do Empower Advisory Group, LLC and Focus Partners Wealth, LLC charge clients?

Only Focus Partners Wealth, LLC lists hourly charges; performance-based fees; other forms of compensation on Form ADV. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.

What services do Empower Advisory Group, LLC and Focus Partners Wealth, LLC offer?

Focus Partners Wealth, LLC lists portfolio management for investment companies; portfolio management for pooled investment vehicles; portfolio management for businesses and institutions; pension consulting; selecting other advisers; periodicals or newsletters; other services, which Empower Advisory Group, LLC does not. Both offer financial planning; portfolio management for individuals and small businesses; educational seminars and workshops.

More comparisons

Where these numbers come from

Every figure is the firm’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Average client assets divide the assets held for individual and high-net-worth clients by their number. Ranks compare each firm with all US-based independent wealth management RIAs, the same field as The Largest RIAs. Figures can lag recent deals and market moves.

Not an endorsement or a recommendation of either firm. Before hiring an adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search: Empower Advisory Group, LLC ↗, Focus Partners Wealth, LLC ↗. How to check a financial advisor →