Empyrion Wealth Management, Inc. (“Empyrion Wealth” or “the Firm”), is an SEC-registered investment adviser with its principal place of business located in Roseville, California. Empyrion Wealth Management, Inc. began conducting business in 1989. Kimberly L. Foss, President, CEO of Empyrion Wealth Management, Inc., is the firm's founder and principal shareholder (i.e., those individuals and/or entities controlling 25% or more of this company). Empyrion Wealth Management, Inc. offers the following advisory services to our clients: WEALTH MANAGEMENT Our firm provides continuous advice to clients regarding the investment of client funds based on the individual needs of the client. Through personal discussions and/or discovery questionnaires in which goals and objectives based on a client's particular circumstances are established, we develop a client's personal investment policy and create and manage a portfolio based on that policy. During our data-gathering process, we determine the client’s individual objectives, time horizons, risk tolerance, and liquidity needs. As appropriate, we also review and discuss a client's prior investment history, as well as family composition and background. We manage these advisory accounts on a discretionary or non-discretionary basis depending on client preference. Account supervision is guided by the client's stated objectives (i.e., maximum capital appreciation, growth, income, or growth and income), as well as tax considerations. Clients may impose reasonable restrictions on investing in certain securities, types of securities, or industry sectors. Our investment recommendations are not limited to any specific product or service offered by a broker-dealer or insurance company and will generally include advice regarding the following securities:
• Exchange-listed securities, including individual equities and exchange traded funds (ETFs);
• Corporate debt securities;
• Certificates of deposit;
• Municipal securities;
• Variable annuities;
• Mutual fund shares;
• United States governmental securities; We will allocate the client's assets among various investments taking into consideration the overall management style selected by the client. Mutual funds and ETFs will be selected on the basis of any or all of the following criteria: the fund's performance history; the industry sector in which the fund invests; the track record of the fund's manager; the fund's investment objectives; the fund's management style and philosophy; and the fund's management fee structure. Each client’s individual needs and circumstances will determine portfolio weighting between funds and market sectors. Because some types of investments involve certain additional degrees of risk, they will only be implemented/recommended when consistent with the client's stated investment objectives, tolerance for risk, liquidity and suitability. EWM DIGITAL INVESTING This program is no longer offered to new clients or existing clients opening new accounts. Empyrion Wealth utilized the Betterment for Advisors service, a digital wealth management platform provided by Betterment, LLC1 (“Betterment”), a registered investment advisor. Betterment serves as a sub-advisor to Empyrion Wealth to certain existing clients. MTG LLC, dba Betterment Securities (“Betterment Securities”), a registered broker-dealer and member of FINRA and the SIPC, serves as broker-dealer and custodian for this service. The services provided by Betterment include:
• Goal-Based Investment Management: Betterment’s goal-based investment platform allows advisors and clients to identify multiple investment goals for each client, each with specific portfolio allocations;
• Portfolio Construction Tools: Advisors and clients have access to a set of portfolio strategies, each of which is comprised of low-cost, index-tracking exchange-traded funds, and are able to customize the risk-level for each investment goal;
• Automated Investment Management Services: Betterment’s algorithms automate back-office tasks such as trading, portfolio management, tax loss harvesting, and account rebalancing;
• Website and Mobile Application: Betterment’s website and mobile application provide a platform for account access and monitoring and delivery of account documentation and notices; and
• Advisor Dashboard: Advisors have access to a dashboard for purposes of monitoring and managing client accounts. 1 Empyrion Wealth Management, Inc. and Betterment, LLC are not affiliated entities. Clients are free to accept or ignore any or all recommendations and can hire Empyrion Wealth or any other service provider for similar or the same services or products at costs that can be higher or lower than those incurred by the client if implemented by Empyrion Wealth. EWM DIGITAL SERVICES This program is no longer offered to new clients or existing clients opening new accounts. Empyrion Wealth provided an online and interactive financial planning platform supported by eMoney Advisor, LLC1. Certain clients receive these services through EWM Digital and EWM Digital Planning. EWM Digital provides clients with the following services:
• Secure Personal Financial Website;
• DIY Goals-Based Financial Planning;
• Connect and Organize Financial Accounts;
• Online and Mobile Dashboard;
• Automate Budgeting and Monitor Spending;
• Project Your Balance Sheet & Net Worth;
• Manage and Analyze Cash Flow;
• Track and Evaluate Investments;
• Analyze Savings & Withdrawals; and
• Secure Document Vault EWM Digital Planning provides clients with the same services as EWM Digital with the following additional services:
• Your Personalized Financial and Retirement Plan — Recommendations, Action Plan and Guidance;
• Analyze Your Pre-Retirement Readiness;
• Tax Analysis & Planning;
• College and Education Expenses Analysis;
• Estate Planning, Trust and Survivorship Needs;
•

Insurance Gap Analysis;
• Stock Options/Grants Analysis & Planning; 1 Empyrion Wealth Management, Inc. and eMoney Advisor, LLC are not affiliated entities.
• Annual Review Meeting with an EWM Advisor;
• Collaborate and Share Reports with Your Professional Team — CPA, Lawyer, Estate Planner, Insurance Agent; and
• Email Support. Add-on services available for all EWM Digital Services clients include:
• Portfolio Management Services for additional fees available under separate Wealth Management Agreement. Please see Item 4 and Item 5 of our ADV brochure for more information. EWM Digital Planning is typically a comprehensive evaluation of a client’s current and future financial state by using currently known variables to predict future cash flows, asset values and withdrawal plans. Through the financial planning process, various questions, information and analysis are considered as they impact and are impacted by the entire financial and life situation of the client. Clients purchasing this service receive a written report which provides the client with a detailed financial plan designed to assist the client achieve their financial goals and objectives. In general, the financial plan can address any or all of the following areas:
• Proactive tax strategies
• Financial life planning and coaching
• Monte Carlo Simulation
• Survivorship needs analysis and guidance
• Integration with wealth management services
• Future generation coaching
• Charitable Gift Planning Empyrion Wealth gathers required information through an interactive discovery process. Information gathered includes a client's current financial status, future goals and attitudes towards risk. Related documents supplied by the client are carefully reviewed, including a questionnaire completed by the client, and a written report is prepared. Should a client choose to implement the recommendations contained in the plan, Empyrion Wealth suggests the client work closely with their attorney, accountant, insurance agent, and/or stockbroker. Alternatively, Empyrion Wealth may refer clients to such independent professionals in the event that the client does not have an existing relationship. Utilization of these unaffiliated professionals is strictly at the client’s discretion. Implementation of financial plan recommendations is entirely at the client's discretion. We evaluate the client’s assets, earnings, investments, retirement, and estate planning considerations, liabilities and tax position and design an integrated plan providing an overall long-range strategy for attaining financial goals. This written report will include, as necessary:
• Estate Analysis,
• Education,
• Rental and Residential Analysis,
• Investment Performance Summary Report, and
• Preliminary Employee Benefit or Retirement Plan Design. MODULAR PLANNING We may conduct a more focused analysis to address specific planning areas for the client. It is important to understand that, while Modular Planning is not comprehensive, it is designed to address specific questions, provide information about more specific decisions, or to address other more specific needs of the client. Modular Planning Services may be similar or different than standard EWM Digital Planning services, depending on the needs of the client. Examples of Modular Planning Services include but are not limited to the following: ESTATE PLANNING ANALYSIS We may conduct an analysis of the client’s current and proposed estate plan and prepare an analysis of tax calculations and settlement costs. We then prepare a written explanation of the costs and computer analysis of various scenarios using different assumptions. This service includes an analysis of property ownership and probate, application of tax advantaged trusts, estimated federal estate tax; cost and liquidity situation reports, and capital needs analysis. We will coordinate with the client’s attorney and accountant as required. EDUCATION EXPENSE ANALYSIS We may assist the client in determining how to pay for a child’s education through an educational needs funding analysis which projects the cost of meeting future educational goals based on current and periodic investments and various rates of inflation. We will prepare a written report which calculates lump sum, annual, or monthly savings, or investment necessary to achieve educational objectives for one, or more children and provides a strategy to finance this important expense. PRE-RETIREMENT PLANNING We may prepare a summary of the client’s present financial situation and a proposed scenario for financing a comfortable retirement. This report will aggregate all income and expenses to calculate the surplus or shortage for each year beginning with the client’s desired retirement date and adjustments required to manage income shortfall. The report also provides an analysis of existing pension assets and development of a strategy for pay out. Typically, the financial plan is presented to the client within six months of the contract date, provided that all information needed to prepare the financial plan has been promptly provided. Financial Planning recommendations are not limited to any specific product or service offered by a broker-dealer or insurance company. All recommendations are of a generic nature. EWM DIGITAL CONSULTING Clients of EWM Digital Planning may also receive additional financial or investment advice, consultation, and administrative services based on their specific needs that go beyond the needs of a typical EWM Digital Planning client. This may include advice on one or more area(s) of concern such as estate planning, retirement planning, or any other topic relevant to their financial goals. Consulting recommendations are not limited to any specific product or service offered by a broker-dealer or insurance company. All recommendations are of a generic nature. AMOUNT OF MANAGED ASSETS As of December 31, 2022, we were actively managing $238,000,000 of clients' assets on a discretionary basis.