Investment adviser · CRD 152622

EMPIRICAL WEALTH MANAGEMENT

Investment adviser filing (IA)

EMPIRICAL FINANCIAL SERVICES, LLC

SEATTLE, WA, United States · Form ADV filed Jul 29, 2026

Regulatory AUM: $8.43B
Client accounts: 8,690
Employees: 94
Advisory professionals: 57

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
High-net-worth individuals	1,839	$7,984,674,625	94.7%
Individuals	555	$267,658,747	3.2%
Corporations & businesses	Fewer than 5	$140,722,505	1.7%
Charities	5	$19,524,652	0.2%
Pooled investment vehicles	1	$16,387,744	0.2%

Filing source

Form ADV 2122887 · Jul 29, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

2 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

EMPIRICAL ALTERNATIVE INCOME FUND, LPOther Private Fund · Last reported Jul 29, 2026$16.4MGross asset value

Form D fundraising filings

Empirical Alternative Income Fund, LP

Fund administrator NAV CONSULTING, INC. OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor MENGEL, METZGER, BARR & CO., LLP ROCHESTER, New York, United States

Custodian INSPIRA FINANCIAL TRUST, LLC CHICAGO, Illinois, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

MENGEL, METZGER, BARR & CO., LLP
PCAOB 557

Fund details & source

Fund ID: 805-1868831897
Reported beneficial owners: 53
Minimum commitment: $250K
Form D file number: 021-301631

Form ADV 2122887 · Jul 29, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

EMPIRICAL VENTURE CAPITAL FUND, LPVenture Capital Fund · Last reported Feb 10, 2021$0Gross asset value

Form D fundraising filings

Empirical Venture Capital Fund, LP

Fund administrator NAV CONSULTING, INC. OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PATKE & ASSOCIATES, LTD. LINCOLNSHIRE, Illinois, United States

Custodian TD BANK CONSHOHOCKEN, Pennsylvania, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PATKE & ASSOCIATES, LTD.
PCAOB 2799

Fund details & source

Fund ID: 805-5774184907
Reported beneficial owners: 1
Minimum commitment: $250K
Form D file number: 021-314499

Form ADV 1492542 · Feb 10, 2021 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Jul 29, 2026. View historical filings

Reported services

Financial planning · Individual portfolio management · Pooled investment vehicle management · Business portfolio management · Pension consulting · Selection of other advisers

Compensation

Percentage of assets · Hourly · Fixed · Performance-based

Principal office

1420 5TH AVE, SUITE 3150
SEATTLE, WA, 98101, United States

CRD 152622

Filing source

Form ADV 2122887 · Jul 29, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.