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They include 1,839 high-net-worth individuals, 555 individual clients and 5 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 29 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Empirical Financial Services offer?","answer":"Empirical Financial Services provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Empirical Financial Services charge?","answer":"Empirical Financial Services charges up to 1.00% a year for its Fee-Based Investment Advisory Clients. The fee is billed in advance or in arrears and is negotiable.","source":"EMPIRICAL WEALTH MANAGEMENT, filed 7 July 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Empirical Financial Services use?","answer":"Empirical Financial Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $8.41B. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Empirical Financial Services have?","answer":"Empirical Financial Services has 61 investment adviser representatives registered with state securities authorities, out of 94 employees, and 57 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 8 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Empirical Financial Services invest in?","answer":"At the end of its last fiscal year, Empirical Financial Services’ separately managed accounts held 59% exchange-traded equities, 24% registered funds (mutual funds, ETFs, BDCs), 11% state and local bonds, 4% investment grade corporate bonds, 1% U.S. government and agency bonds and 1% cash and equivalents. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Empirical Financial Services?","answer":"Empirical Financial Services’ direct owners are Kenneth Smith (50% to 75%), Ethan Broga (5% to 10%), Lorne Enquist (10% to 25%) and Michael Kelly (5% to 10%).","source":"Form ADV Part 1A, Schedules A and B, filed 29 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Empirical Financial Services get paid?","answer":"Empirical Financial Services is paid through a percentage of assets under management, hourly charges, fixed fees and performance-based fees. Its Form ADV lists no commissions 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":"Is Empirical Financial Services registered with the SEC?","answer":"Yes, Empirical Financial Services has been registered with the SEC as an investment adviser since 23 February 2011. Its CRD number is 152622 and its SEC file number is 801-72168.","source":"Form ADV Part 1A, Item 1, filed 29 July 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Empirical Financial Services?","answer":"Empirical Financial Services’ main office is at 1420 5th Ave, Suite 3150, Seattle, WA 98101. Its phone number is 206-923-3474. Its website is empirical.net.","source":"Form ADV Part 1A, Item 1.F, filed 29 July 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."}