Empire Financial Management provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and publishing newsletters. Financial planning was provided to 11–25 clients last fiscal year. The firm advises 1 private fund.
Empire Financial Management reports 983 clients. They include 733 high-net-worth individuals, 249 individual clients and 1 other investment adviser. Of its assets, 95.6% ($675M across 734 accounts) are managed with discretion; $31M across 249 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 25% | 4% |
| High-net-worth individuals | 75% | 92% |
| Other investment advisers | <1% | 4% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 249 | $31M | 4.4% | $124K |
| High-net-worth individuals | 733 | $649M | 91.9% | $885K |
| Other investment advisers | 1 | $26M | 3.7% | $26M |
| Total | 983 | $706M | 100% | $718K |
- Clients
- 249
- Regulatory AUM
- $31M
- AUM share
- 4.4%
- Avg. per client
- $124K
- Clients
- 733
- Regulatory AUM
- $649M
- AUM share
- 91.9%
- Avg. per client
- $885K
- Clients
- 1
- Regulatory AUM
- $26M
- AUM share
- 3.7%
- Avg. per client
- $26M
Total
- Clients
- 983
- Regulatory AUM
- $706M
- AUM share
- 100%
- Avg. per client
- $718K
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 1
- Financial planning clients last fiscal year
- 11–25
Empire Financial Management charges 0.50%–1.75% a year for its Management Fee. The fee is billed in advance or in arrears and is negotiable.
Fee details and sources
Empire Investment Group Holdings LLC owns 75% or more of Empire Financial Management and is in turn owned by Empire Asset Management of NY (75% or more). The leadership team of Empire Financial Management includes Chief Investment Officer Anthony Manory, Chief Operating Officer Lauren Banjany and Chief Compliance Officer Gregg Zeoli. It has 12 employees, 10 of them in advisory roles.
Leadership
- Lauren BanjanyChief Operating Officer
- Gregg ZeoliManaging Member/Chief Compliance Officer
- Anthony ManoryChief Investment Officer
Investment adviser representatives
9 representatives listed in the SEC register as of 9 October 2026.
Staff
- 12 employees
- 10 in advisory functions
- 10 state-registered reps
- 12 broker-dealer reps
- 5 insurance agents
- Owns 75% or more of Empire Financial Management Company, LLC
Empire Investment Group Holdings LLC
Control person · since November 2006
- Owns 75% or more of Empire Investment Group Holdings LLC
Empire Asset Management of NY
Control person · since March 2003
- Owns 50% to 75% of Empire Asset Management of NY
Gregg Zeoli
Control person · since March 2003
Empire Financial Management’s regulatory assets grew 2.0× from $360M (March 2021) to $706M (September 2026); clients rose from 650 to 983 and employees were 12 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $706M | 983 | 12 | 1 |
| March 2025 | $520M | 1,091 | 12 | 1 |
| April 2024 | $485M | 1,090 | 12 | 1 |
| March 2023 | $403M | 1,023 | 12 | 1 |
| March 2022 | $410M | 1,023 | 12 | 1 |
| March 2021 | $360M | 650 | 12 | 1 |
Besides its headquarters, Empire Financial Management has 0 offices, with 1 listed address in New Jersey.
New Jersey · 1 listed address
- 101 Crawfords Corner Road, Suite 3128, HolmdelHQ
Contact and registration details
- Legal name
- Empire Financial Management Company, LLC
- Headquarters
- 101 Crawfords Corner Road, Suite 3128, Holmdel, NJ 07733-2151
- Website
- Not reported
- Phone
- 212-417-8247
- SEC file
- 801-106958
- Structure
- New York LLC
- Fiscal year end
- December
Empire Financial Management uses RBC Capital Markets ($283M) as custodian for its separately managed accounts. Empire Financial Management does not have custody of client assets.
- RBC Capital MarketsRBC Capital Markets, LLC · Minneapolis, MN · $283M100%
At year end, Empire Financial Management’s separately managed accounts were mostly in stocks (85%) and cash (10%). Its reported 13F holdings for the quarter ended 30 June 2026 total $253M across 139 positions; the largest are ETF Series Solutions (6.1%), JPMORGAN Chase & CO (3.5%) and Litman Gregory Funds Trust (2.6%).
What the accounts hold
- Stocks85%
- Exchange-traded equities70%
- Non-exchange-traded equities15%
- Funds5%
- Cash10%
Reported 13F holdings
- $253M
- Reported 13F value
- 139
- Positions
- 28.7%
- In the 10 largest
- −42.9%
- Value vs. prior quarter
- ETF Series Solutions · Distillate US6.1%
- JPMORGAN Chase & CO3.5%
- Litman Gregory Funds Trust · Imgp Dbi Man ETF2.6%
- American Century ETF Trust · Intl Smcp Vlu2.6%
- EA Ser TR · Mark FO Divi ETF2.6%
- Abbvie Inc.2.5%
- Alphabet Inc. · Cap Stk CL A2.5%
- Pacer Funds Trust · Metaurus Cap 4002.3%
- Home Depot Inc.2.0%
- Sprott Physical Gold TR · Physical Gold TR2.0%
Together, the ten largest are 28.7% of reported value.
How many clients does Empire Financial Management have?
Empire Financial Management has 983 clients and manages $706 million for them, as of September 2026. They include 733 high-net-worth individuals, 249 individual clients and 1 other investment adviser.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 September 2026
What services does Empire Financial Management offer?
Empire Financial Management provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and publishing newsletters.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Empire Financial Management charge?
Empire Financial Management charges 0.50%–1.75% a year for its Management Fee. The fee is billed in advance or in arrears and is negotiable.
Source: EMPIRE FINANCIAL MANAGEMENT COMPANY, filed 29 May 2026
Which custodians does Empire Financial Management use?
Empire Financial Management’s separately managed account assets are held at RBC Capital Markets, LLC (Minneapolis, MN), with $283M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 September 2026
How many financial advisors does Empire Financial Management have?
Empire Financial Management has 10 investment adviser representatives registered with state securities authorities, out of 12 employees, and 10 perform investment advisory functions. 12 employees are registered representatives of a broker-dealer and 5 employees are 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 Empire Financial Management invest in?
At the end of its last fiscal year, Empire Financial Management’s separately managed accounts held 70% exchange-traded equities, 15% non-exchange-traded equities, 10% cash and equivalents and 5% registered funds (mutual funds, ETFs, BDCs). It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Empire Financial Management?
Empire Financial Management is owned through a chain of holding companies by Gregg Zeoli. Its direct owner is Empire Investment Group Holdings LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 28 September 2026
How does Empire Financial Management get paid?
Empire Financial Management is paid through a percentage of assets under management and commissions. Its Form ADV lists no 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 Empire Financial Management?
Empire Financial Management’s main office is at 101 Crawfords Corner Road, Suite 3128, Holmdel, NJ 07733-2151. Its phone number is 212-417-8247.