Empactful LLC (Rumson)

Name: Empactful LLC
Address: 80 S. Ward Ave, Rumson, NJ, 07760
Telephone: 646-543-7862

Empactful LLC is an internet adviser based in Rumson. It manages $280 thousand of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of New Jersey.

Empactful provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Empactful: assets under management

The assets under management (AUM) of Empactful LLC is $280 thousand, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $280 thousand in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $140 thousand each.

Investments

The firm invests in cash and cash equivalents the most. They account for 54% of the total AUM. The second-largest asset type is exchange traded securities, which make up 45% of the firm’s portfolio. Investments in non-exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Empactful 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.

What kind of clients Empactful serves?

The only and largest group of clients of Empactful is high net worth individuals with 2 clients and $280 thousand of assets under management. Among the 3 most similar advisory firms, Empactful has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $280 thousand for 2 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Empactful doesn't advise any private funds.

Careers at Empactful LLC

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lawrence Philip Mckay	Ceo, coo, cco, shareholder	1 Sep 2017	50% - 75%	6615678
Sylvia Bouloutas	Shareholder	1 Sep 2017	25% - 50%	7025937
Zoe Bouloutas	Shareholder	1 Sep 2017	Other	7025940

Based in Rumson

The principal office where Empactful LLC performs its advisory services is located at 80 S. Ward Ave, Rumson, NJ 07760, 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 646-543-7862. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at empactful.com.