Empiric Advisors, Inc.

Empiric Advisors provides discretionary portfolio management primarily for individual and high-net-worth clients through separately managed accounts and also serves as the investment manager to the Empiric Mutual Fund (Class C: EMCCX; Class A: EMCAX). Clients choose among the firm’s long-only equity strategies and may impose portfolio restrictions; the firm reports assets under management for both discretionary and non-discretionary accounts.

The firm’s investment approach is systematic and quantitatively driven, using rule-based factor metrics focused on Earnings Quality, Capital Efficiency, and Valuation (QEV) and applying a qualitative overlay before executing trades. Its strategies include Small-to-Mid-Cap Growth and Large Cap Core designed to seek index outperformance, and client accounts are continuously monitored with written quarterly statements that include performance computations.

Notably for a firm of its size, Empiric Advisors is affiliated with both a related registered broker‑dealer (Empiric Distributors, Inc.) and a related investment adviser (Empiric Institutional, LLC), with shared office space and employees and potential referral arrangements that can result in fees to more than one affiliated adviser. The firm discloses that mutual fund transactions are executed through the related broker‑dealer while separate client SMA trades are not routed there, and it also discloses use of directed brokerage, soft‑dollar research arrangements, and related conflicts of interest.