Robert S. Magnacca

EMPOWER ADVISORY GROUP

Waltham, MA 02451

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CRD#: 1830586

Professional summary

Robert Scott Magnacca, CFP®, who also goes by Robert Scott Magnacca, Scott Robert Magnacca, is a registered financial advisor currently at EMPOWER ADVISORY GROUP, LLC located in Waltham, Massachusetts and EMPOWER FINANCIAL SERVICES, INC. located in Waltham, Massachusetts.

Robert is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1988. Robert has worked at 14 firms and has passed the Series 63, Series 65, Series 7TO, Series 6TO, SIE, Series 7 and Series 8 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Robert Scott Magnacca | Scott Robert Magnacca

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

1) Name: Author; Position: Author; Nature: Books; Investment Related: Yes; Hours: 1; Securities Trading Hours: 0; Start Date: 09/04/2012 Address: Home Address, Milford MA 01757; Description: I am the author of the 2 books noted above.I do not currently (and have no future plans to) actively promote either of my books although they are available for purchase on the internet and on amazon. 2) Author of 3rd book "Why Professional Help Matters". Book has been published but not actively promoting, marketing or generating publicity for the book. 0 hours per month; 0 hours per month during normal business hours. 3) salesforlife.ai / Co-founder. Online sales training. LinkedIn posts on sales theory and concepts (non-financial sales); build business plan for 2026 launch. 4 hours per month; 0 during normal business hours. 4) Babson College / Adjunct Lecturer. Teaching a class on artificial intelligence to undergraduates. 7 hours per month; 0 during normal business hours.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Robert Scott Magnacca's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

CFP^®

Certified Financial Planner

Experience

Current

January 20, 2022 - Present

EMPOWER ADVISORY GROUP, LLC

Office #1: 255 Bear Hill Road, Waltham, MA 02451

RIA

CRD#: 112058

Waltham, MA

Current

November 3, 2021 - Present

EMPOWER FINANCIAL SERVICES, INC.

Office #1: 255 Bear Hill Rd, Waltham, MA 02451

CRD#: 13109

Waltham, MA

Past

October 14, 2015 - November 13, 2020

TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC

RIA

CRD#: 20472

WALTHAM, MA

Past

October 13, 2015 - November 13, 2020

TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC

CRD#: 20472

WALTHAM, MA

Past

December 18, 2014 - September 28, 2015

TD AMERITRADE, INC.

CRD#: 7870

QUINCY, MA

Past

November 24, 2014 - September 28, 2015

TD AMERITRADE, INC.

RIA

CRD#: 7870

QUINCY, MA

Past

November 24, 2014 - September 28, 2015

TD AMERITRADE INVESTMENT MANAGEMENT, LLC

RIA

CRD#: 111514

QUINCY, MA

Past

May 15, 2009 - September 16, 2014

EDELMAN FINANCIAL ENGINES

RIA

CRD#: 104510

BOSTON, MA

Past

March 31, 2006 - August 8, 2007

MML DISTRIBUTORS, LLC

CRD#: 38030

ENFIELD, CT

Past

July 2, 1998 - June 17, 2004

STRATEGIC ADVISERS LLC

RIA

CRD#: 104555

WORCESTER, MA

Past

July 26, 1996 - June 17, 2004

FIDELITY BROKERAGE SERVICES LLC

CRD#: 7784

SMITHFIELD, RI

Past

January 22, 1996 - July 24, 1996

COMMONWEALTH FINANCIAL NETWORK

CRD#: 8032

WALTHAM, MA

Past

June 16, 1994 - February 7, 1996

LPL FINANCIAL LLC

CRD#: 6413

FORT MILL, SC

Past

July 1, 1992 - August 23, 1993

LPL FINANCIAL LLC

CRD#: 6413

FORT MILL, SC

Past

December 16, 1989 - September 4, 1990

LPL FINANCIAL LLC

CRD#: 6413

FORT MILL, SC

Past

May 9, 1989 - December 16, 1989

LINSCO FINANCIAL GROUP, INC.

CRD#: 524

Past

March 13, 1989 - April 8, 1989

THE PRUDENTIAL INSURANCE COMPANY OF AMERICA

CRD#: 680

Past

March 13, 1989 - April 8, 1989

PRUCO SECURITIES, LLC.

CRD#: 5685

Past

December 14, 1988 - December 16, 1989

LINSCO FINANCIAL GROUP, INC.

CRD#: 524

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

EMPOWER ADVISORY GROUP, LLC

ADVISED ASSETS GROUP INC | EMPOWER ADVISORY GROUP, LLC | ADVISED ASSETS GROUP, LLC

CRD#: 112058 / SEC#: 801-58105

RIA

Registered Investment Advisory firm - (11/22/2000 Approved)

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.

Visual representation of state registrations

Connecticut
(11/3/2021)

Massachusetts
(11/3/2021)

IAR

Massachusetts
(1/20/2022)

New Hampshire
(11/3/2021)

Rhode Island
(11/3/2021)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

Series 63

Date: 1/9/2015

Uniform Securities Agent State Law Examination

State Security Law Exam

IAR

Series 65

Date: 6/15/1998

Uniform Investment Adviser Law Examination

General Industry/Product Exam

Series 7TO

Date: 4/7/2024

General Securities Representative Examination

General Industry/Product Exam

Series 6TO

Date: 1/2/2023

Investment Company Products/Variable Contracts Representative Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 12/18/2014

General Securities Representative Examination

Principal/Supervisory Exam

Series 8

Date: 7/13/1999

General Securities Sales Supervisor Examination (Options Module & General Module)

SRO Registrations

FINRA

Current Firm

EMPOWER ADVISORY GROUP, LLC

ADVISED ASSETS GROUP INC | EMPOWER ADVISORY GROUP, LLC | ADVISED ASSETS GROUP, LLC

CRD#: 112058 / SEC#: 801-58105

RIA

Registered Investment Advisory firm - (11/22/2000 Approved)

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Contact information

Main Address

8515 East Orchard Rd 4t2, Greenwood Village, CO 80111

Mailing Address

Phone number

(866) 575-4977

Established

Firm type

Fiscal year end

# of Employees

822

SEC notice filing (53 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

EMPOWER ADVISORY GROUP PERSONAL STRATEGY(R) WRAP FEE PROGRAM (11/25/2025)

EMPOWER ADVISORY GROUP - ONLINE ADVICE & MANAGED ACCOUNT SERVICE FOR EMPOWER PREMIER IRA (9/22/2025)

EMPOWER ADVISORY GROUP FINANCIAL PLANNING SERVICE (9/19/2025)

EMPOWER PREMIER INVESTMENT ACCOUNT (9/19/2025)

EMPOWER ADVISORY GROUP WRAP FEE PROGRAM BROCHURE FOR EMPOWER MANAGED PORTFOLIOS (9/19/2025)

EMPOWER ADVISORY GROUP - ONLINE ADVICE & PROFESSIONAL MANAGEMENT PROGRAM (9/19/2025)

EMPOWER ADVISORY GROUP - ONLINE ADVICE & MANAGED ACCOUNT SERVICE/MY TOTAL RETIREMENT (9/19/2025)

Regulatory assets under management

Total Number of Accounts	250,707
AUM (Assets Under Management)	$ 159,120,330,491

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
03/28/2025	Cover Page	Report
11/21/2023	Cover Page	Report

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Advisor Monitoring

Firm Stability Insights

Robert S. Magnacca

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Robert Scott Magnacca's CRS (Customer Relationship Summary).

Certified licenses

Experience

EMPOWER FINANCIAL SERVICES, INC.

TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC

TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC

TD AMERITRADE, INC.

TD AMERITRADE, INC.

TD AMERITRADE INVESTMENT MANAGEMENT, LLC

EDELMAN FINANCIAL ENGINES

MML DISTRIBUTORS, LLC

STRATEGIC ADVISERS LLC

FIDELITY BROKERAGE SERVICES LLC

COMMONWEALTH FINANCIAL NETWORK

LPL FINANCIAL LLC

LPL FINANCIAL LLC

LPL FINANCIAL LLC

LINSCO FINANCIAL GROUP, INC.

THE PRUDENTIAL INSURANCE COMPANY OF AMERICA

PRUCO SECURITIES, LLC.

LINSCO FINANCIAL GROUP, INC.

Primary Firm SEC Registration

EMPOWER ADVISORY GROUP, LLC

State Registrations and Notice Filings

Exams

Series 63

Date: 1/9/2015

Series 65

Date: 6/15/1998

Series 7TO

Date: 4/7/2024

Series 6TO

Date: 1/2/2023

SIE

Date: 10/1/2018

Series 7

Date: 12/18/2014

Series 8

Date: 7/13/1999

FINRA

Current Firm

EMPOWER ADVISORY GROUP, LLC

Contact information

SEC notice filing (53 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

EMPOWER ADVISORY GROUP, LLC

TRUST BUT VERIFY

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