Softwr

Software · head to head

Lexware vs Empower

Lexware logo

Lexware

Software

Accounting and invoicing software for German small businesses and freelancers

From
On request
Rated
-
Empower logo

Empower

Software

All your finances. One app.

From
$29/month
Rated
-

The short version

  • Each has a real cost: Lexware prices are tiered by employee count up to 50 Mitarbeitende, and the payroll add-on tiers above the base range are quoted only auf Anfrage (on request), not published (EUR); Empower empower's managed advisory tiers require a minimum of $100,000 in investable assets for Personal Strategy and $1,000,000 for Private Client, with exact advisory fee percentages deferred to the Form ADV filing rather than published on the site.

Where they differ

Only the attributes on which Lexware and Empower actually diverge.

Attributes where Lexware and Empower differ
AttributeLexwareEmpower
Starting priceOn request$29/month
Pricing modelsubscriptionfreemium
PlatformsWebWeb, Ios, Android
FoundedUnknown2009

Identical on both: free tier (No), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Lexware

Nothing recorded that Empower does not also cover.

Only in Empower

  • Net worth tracking
  • Investment tracking
  • Retirement planner
  • Cash flow
  • 401k fee analyzer
  • Bank connections
  • Brokerage accounts
  • SOC 2

What people use each for

The jobs each tool is most often brought in to do.

Lexware

No use cases recorded yet. See the Lexware review.

Empower

  • Wealth trackingnot Lexware
  • Retirement planningnot Lexware
  • Investment analysisnot Lexware

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Lexware

  • Prices are tiered by employee count up to 50 Mitarbeitende, and the payroll add-on tiers above the base range are quoted only auf Anfrage (on request), not published (EUR)
  • Base plans range from EUR 7.90 to EUR 32.90 per month before VAT, with the introductory 50% discount lasting only 3 months

Empower

  • Empower's managed advisory tiers require a minimum of $100,000 in investable assets for Personal Strategy and $1,000,000 for Private Client, with exact advisory fee percentages deferred to the Form ADV filing rather than published on the site.

Pricing, plan by plan

Lexware

On request

No published plan breakdown. See the Lexware review.

Empower

$29/month
  • Free ToolsFree
    • Net worth tracking
    • Cash flow
    • Investment checkup
  • Wealth ManagementFree
    • 0.89% AUM fee
    • Dedicated advisor
    • Tax optimization

Which should you pick?

Choose Lexware if

Nothing in the data separates Lexware from Empower on the points above - pick on price and on how each one feels to use.

Choose Empower if

  • You need net worth tracking.
  • You work on Web, Ios, Android.
  • You also want investment tracking.

Questions people ask

Is Lexware or Empower better?
Neither clearly leads. Lexware starts at On request and Empower at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Lexware or Empower?
Lexware starts at On request and Empower at $29/month.
Does Lexware or Empower run on more platforms?
Lexware runs on Web. Empower runs on Web, Ios, Android.
What can Lexware do that Empower cannot?
Empower covers Net worth tracking, Investment tracking, Retirement planner, Cash flow.

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