Emergent Financial Services provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and educational seminars. Financial planning was provided to 26–50 clients last fiscal year.
Emergent Financial Services reports 246 clients. They include 227 individual clients and 19 high-net-worth individuals. Of its assets, 48.8% ($95.2M across 249 accounts) are managed with discretion; $100M across 1 account is not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 92% | 18% |
| High-net-worth individuals | 8% | 17% |
| Charitable organizations | Fewer than 5 | <1% |
| State or municipal government entities | Fewer than 5 | 65% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 227 | $35.3M | 18.1% | $156K |
| High-net-worth individuals | 19 | $32.5M | 16.6% | $1.71M |
| Charitable organizations | Fewer than 5 | $1K | 0.0% | — |
| State or municipal government entities | Fewer than 5 | $127M | 65.3% | — |
| Total | 246 | $195M | 100% | — |
- Clients
- 227
- Regulatory AUM
- $35.3M
- AUM share
- 18.1%
- Avg. per client
- $156K
- Clients
- 19
- Regulatory AUM
- $32.5M
- AUM share
- 16.6%
- Avg. per client
- $1.71M
- Clients
- Fewer than 5
- Regulatory AUM
- $1K
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $127M
- AUM share
- 65.3%
- Avg. per client
- —
Total
- Clients
- 246
- Regulatory AUM
- $195M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
Emergent Financial Services is paid through a percentage of assets under management and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Xavier Urpi owns 25% to 50% of Emergent Financial Services. It has 5 employees, 4 of them in advisory roles.
Staff
- 5 employees
- 4 in advisory functions
- 2 state-registered reps
- Owns 25% to 50% of Emergent Financial Services, LLC.
Xavier Urpi
Control person · since October 2017
- Owns 10% to 25% of Emergent Financial Services, LLC.
Alexander Urpi
Control person · since April 2017
- Owns 10% to 25% of Emergent Financial Services, LLC.
Nickolas Urpi
since April 2017
- Owns 10% to 25% of Emergent Financial Services, LLC.
Michael Urpi
since April 2017
Emergent Financial Services’ regulatory assets fell from $1.09B (April 2021) to $195M (March 2026); clients rose from 50 to 246 and employees were 5 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $195M | 246 | 5 | 1 |
| Jan 2025January 2025 | $110M | 173 | 5 | 1 |
| Mar 2024March 2024 | $1.11B | 160 | 5 | 1 |
| Feb 2023February 2023 | $1.11B | 127 | 5 | 1 |
| Feb 2022February 2022 | $1.09B | 82 | 5 | 1 |
| Apr 2021April 2021 | $1.09B | 50 | 5 | 1 |
Besides its headquarters, Emergent Financial Services has 0 offices, with 1 listed address in 1 state.
Virginia · 1 listed address
- 310 Old Ivy Way Ste 302, Suite 302, CharlottesvilleHQ
Contact and registration details
- Legal name
- Emergent Financial Services, LLC.
- Headquarters
- 310 Old Ivy Way Ste 302, Suite 302, Charlottesville, VA 22903
- Website
- emergentfs.com
- Phone
- 434-260-1690
- SEC file
- 801-114160
- Structure
- Virginia LLC
- Fiscal year end
- December
Emergent Financial Services’ named custodian for separately managed accounts is Altruist ($52M). Emergent Financial Services does not have custody of client assets.
- AltruistAltruist Financial, LLC. · Dallas, TX · $52M100%
At year end, Emergent Financial Services’ separately managed accounts were mostly in stocks (80%) and bonds (20%).
What the accounts hold
- Stocks80%
- Bonds20%
How many clients does Emergent Financial Services have?
Emergent Financial Services has 246 clients and manages $195 million for them, as of March 2026. They include 227 individual clients and 19 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
What services does Emergent Financial Services offer?
Emergent Financial Services provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Emergent Financial Services use?
Emergent Financial Services’ separately managed account assets are held at Altruist Financial, LLC. (Dallas, TX), with $52M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 March 2026
How many financial advisors does Emergent Financial Services have?
Emergent Financial Services has 2 investment adviser representatives registered with state securities authorities, out of 5 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Emergent Financial Services invest in?
At the end of its last fiscal year, Emergent Financial Services’ separately managed accounts held 80% exchange-traded equities and 20% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Emergent Financial Services?
Emergent Financial Services’ direct owners are Alexander Urpi, Nickolas Urpi, Michael Urpi and Xavier Urpi, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does Emergent Financial Services get paid?
Emergent Financial Services is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Emergent Financial Services?
Emergent Financial Services’ main office is at 310 Old Ivy Way Ste 302, Suite 302, Charlottesville, VA 22903. Its phone number is 434-260-1690. Its website is emergentfs.com.