What Empower Finance AI does
Empower is a financial platform for individual investors that combines personal finance tracking with advice. Its advisory options include Personal Strategy, one-on-one work with a financial advisor for accounts of $100,000 or more, and Private Client, premium planning and portfolio management for $1,000,000 or more. Other offerings include a high-yield cash account with no account fees or minimums, IRAs, rollover IRAs, and commission-free investment accounts. Planning tools include Retirement Planner, Net Worth, Budgeting and Cash Flow, Portfolio Analysis, Savings Planner, Debt Paydown, Emergency Fund, and Transactions. Users can connect accounts to view investments, cash, and credit in one place. Advisory services carry fees based on assets managed, and the page does not state pricing for the tools.
How Empower Finance AI compares with its closest alternatives
4 of the 5 closest alternatives have a free plan, as Empower Finance AI does. All 5 offer an API; FalcoScan's records show none for Empower Finance AI. Empower Finance AI offers a web app and a mobile app. Of the 4 alternatives with platforms on record, all 4 offer a web app and none offers a mobile app. Empower Finance AI was founded in 2016; the alternatives were founded between 2011 and 2020, 2 of them earlier. The alternatives with a known headquarters are in the United States.