SEC Filings

Empirical Asset Management Reports 41% AUM Growth to $290.24M

Written by Radient AI | Jun 28, 2023 12:45:24 PM

Empirical Asset Management LLC (EAM), founded in 2010 by Mark H. Fiskio, is a registered investment advisor offering investment management services to a diverse client base including individuals, businesses, and institutions.

The firm delivers personalized investment management and related advisory services, focusing on understanding each client's investment goals, risk tolerance, and financial situation. Using this information, EAM crafts customized investment portfolios comprising low-cost, diversified ETFs, mutual funds, individual stocks, bonds, or alternative investment vehicles.

Recent updates from EAM’s Form ADV filings between March 2022 and June 2023 indicate impressive growth. Employee count increased from 7 to 11, while the total number of accounts rose from 723 to 1,044.

Most notably, EAM reported a significant 41.59% increase in its total assets under management (AUM), moving from $204.99M to $290.24M.