{"url":"https://nivawealth.com/firms/emergent-financial-services-288434","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/288434","regulatoryAum":195201000,"crd":"288434","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6196798","suffix":null,"lastName":"URPI","firstName":"ALEXANDER","middleName":"XAVIER"},{"crd":"6811132","suffix":null,"lastName":"Urpi","firstName":"Michael","middleName":"Xavier"},{"crd":"1729302","suffix":null,"lastName":"URPI","firstName":"XAVIER","middleName":"JOSE"}],"total":3,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-04-01","regulatoryAum":1091850000,"clients":50,"employees":5,"offices":1},{"filedOn":"2022-02-03","regulatoryAum":1087665000,"clients":82,"employees":5,"offices":1},{"filedOn":"2023-02-17","regulatoryAum":1105901000,"clients":127,"employees":5,"offices":1},{"filedOn":"2024-03-25","regulatoryAum":1109311000,"clients":160,"employees":5,"offices":1},{"filedOn":"2025-01-29","regulatoryAum":110401000,"clients":173,"employees":5,"offices":1},{"filedOn":"2026-03-24","regulatoryAum":195201000,"clients":246,"employees":5,"offices":1}],"secFileNumber":"801-114160","legalName":"Emergent Financial Services, LLC.","displayName":"Emergent Financial Services","slug":"emergent-financial-services-288434","website":"https://emergentfs.com/","classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_wealth_manager","typeLabel":"OCIO / institutional wealth","feeDisclosure":"payment_only"},"founded":null,"organization":"Virginia limited liability company","fiscalYearEnd":"December","headquarters":{"street":"310 Old Ivy Way Ste 302, Suite 302","city":"Charlottesville","state":"VA","stateName":"Virginia","country":"United States","postalCode":"22903"},"tradeNames":[],"registration":{"secApproved":"22 October 2018","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":275609.756097561,"staff":{"employees":5,"advisory":4,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":195201000,"discretionary":95201000,"discretionaryAccounts":249,"nonDiscretionary":100000000,"nonDiscretionaryAccounts":1,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":227,"regulatoryAum":35300000},{"label":"High-net-worth individuals","clients":19,"regulatoryAum":32500000},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":1000},{"label":"State or municipal government entities","clients":null,"fewerThan5":true,"regulatoryAum":127400000}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Altruist Financial, LLC.","shortName":"Altruist","location":"Dallas, TX","smaAssets":52000000}],"custodyNote":"Emergent Financial Services does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Nickolas Urpi","title":"Researcher/Nonmanaging Partner","crd":"6785775"},{"name":"Michael Urpi","title":"Researcher/Nonmanaging Partner","crd":"6811132"},{"name":"Alexander Urpi","title":"CEO/CCO/Managing Partner","crd":"6196798"},{"name":"Xavier Urpi","title":"CIO/Managing Partner","crd":"1729302"}],"ownership":[{"label":"Alexander Urpi","detail":"Ceo/cco/managing partner in the 10% to 25% ownership band and a control person, since April 2017."},{"label":"Nickolas Urpi","detail":"Researcher/nonmanaging partner in the 10% to 25% ownership band, since April 2017."},{"label":"Michael Urpi","detail":"Researcher/nonmanaging partner in the 10% to 25% ownership band, since April 2017."},{"label":"Xavier Urpi","detail":"Cio/managing partner in the 25% to 50% ownership band and a control person, since October 2017."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Virginia","offices":1,"addresses":[{"street":"310 Old Ivy Way Ste 302, Suite 302","city":"Charlottesville","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"434-260-1690","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Educational seminars/workshops"],"financialPlanningClients":"26-50","assetMix":[{"label":"Exchange-traded equity securities","percent":80},{"label":"U.S. government/agency bonds","percent":20}],"privateFunds":0},"sources":{"adv1FilingDate":"24 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/288434/PDF/288434.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Emergent Financial Services have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Emergent Financial Services offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Emergent Financial Services use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Emergent Financial Services have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Emergent Financial Services invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Emergent Financial Services?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Emergent Financial Services get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Emergent Financial Services?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 24 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}