Empiric Advisors, Inc.

Empiric Advisors, Inc. is an SEC-registered investment adviser established in 1987, with its principal place of business in Texas. The firm offers Portfolio Management Services, including long-only equity portfolios managed as separately managed accounts. Empiric Advisors' investment strategies are proprietary and quantitatively driven, focusing on Earnings Quality, Capital Efficiency, and Valuation Styles. The firm manages $60,630,780 in discretionary and non-discretionary assets under management as of December 31, 2022. The fee for Portfolio Management Services is 1% of assets under management, billed quarterly in advance. The minimum initial investment for new clients is $2 million in each strategy, which can be waived at the firm's discretion. Empiric Advisors does not charge management fees on assets invested in the Empiric 2500 Mutual Fund. The firm acts as a discretionary investment manager, providing clients with written authority to manage their accounts based on stated investment objectives. Clients can delegate proxy voting authority over their accounts to Empiric Advisors, which will vote proxies in the best economic interest of the client. Empiric Advisors does not have any reportable disciplinary events and does not hold physical custody of client assets. The firm does not have performance-based fees and does not conduct principal or agency cross securities transactions for client accounts. Empiric Advisors emphasizes best execution in all transactions and selects brokers based on services and commission rates. Clients receive statements from qualified custodians, and the firm urges clients to review these statements for accuracy. Empiric Advisors has no financial circumstances to report and does not require payment of fees in advance exceeding $1,200 per client more than six months ahead.