Empiric Advisors, Inc. is an investment adviser to an investment company based in Austin. It manages $46.39 million of regulatory assets for 33 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of Texas.
Empiric Advisors provides portfolio management for individuals and small businesses and portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Empiric Advisors, Inc. is $46.39 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -52% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Empiric Advisors, Inc. 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.
The firm provides services to individuals, investment companies, and high net worth individuals. The largest group of clients of Mark Allen Coffelt is investment companies with 1 clients and $23.39 million of assets under management. Among the 1 most similar advisory firms, Empiric Advisors has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $46.39 million for 20 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.
Empiric Advisors doesn't advise any private funds.
The company employs 3 people that are either part- or full-time employees. 100 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Mark Allen Coffelt has been acting as President since 1 Oct 1987. Gabriel Jason Rodriguez joined the executive team most recently as the Chief Compliance Officer.
The principal office where Empiric Advisors, Inc. performs its advisory services is located at 500 N Capital Of Texas Hwy, Austin, TX 78746, 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 512-328-9321 or by fax 512-328-9809. The normal business hours are 8:30 - 5:30 on Monday - Friday. You can find more information about the New York firm at empiricadvisors.com.