Working With Us

Richer returns come from a clear plan based on your goals.

Success depends on getting the details right. Empirical follows a rigorous process of learning about your financial life to ensure the results you want can be created, We frequently revisit the details so we are always right on point.

We start by looking at everything because everything matters.

Together, we take a detailed look at your finances, your lifestyle, and your goals. The result is a goal-based plan built around your objectives, designed to guide each step forward.

Assets

It all starts with a thorough review of where you stand. This includes businesses, income, bank accounts, investments, stock options, real estate, vehicles, aircraft, collectibles, and other items of value. If it contributes to your net worth, it is considered.

Cash Flow

Next, we determine how much it takes to support your lifestyle, and how the funds flow through your accounts. Understanding your cash flow allows us to structure your holdings with intent and efficiency.

Aspirations

Finally, your staff at Empirical Wealth Management explores your dreams and aspirations. When we know where you want to go, we can design a plan that helps get you there with clarity and discipline.

Goal-based Return

Empirical begins by investigating your goals, what it will take to achieve them, and what special circumstances might impact reaching them. This is the point when many clients start thinking beyond short-term gains and begin focusing on long-term impact.

Current Investments

Next, we review your current investments to ensure they are properly allocated to achieve stated returns, performing well, and fit with your values and interests. The firm also investigates reducing your costs to help start creating life-changing wealth.

Ideal Investments

Stocks, bonds, and alternative investments are common ways to meet your goals. We strive to find those that work the hardest, cost the least, manage volatility, adhere to your values, and help create life-changing results.

Consolidate

Meeting goals is harder when your investments are managed by different people. Even with shared priorities, strategies can become redundant, misaligned, or inefficient. Consolidating your financial affairs under Empirical’s coordinated management helps ensure your financial plan operates as a unified whole.

Optimize for Taxes

Investments (and investors) that are not tax-aware can diminish results. Empirical’s team of tax and investment professionals works together to address all aspects of your portfolio. This is a critical aspect of creating life-changing wealth.

Intentional Spending

When you are working to meet your goals and create a legacy, how you spend matters as much as how you invest. The firm helps you prioritize your cash flows that align with your values and goals instead of detracting from them.

Monitor & Rebalance

Wealth management is a continuous process. Your staff actively monitors your portfolio and rebalances as required. This helps keep your exposure aligned with your risk tolerance and investment goals, even as markets shift.

Protect

Market investments are not the only assets subject to volatility. Empirical takes the same careful approach to monitoring asset and liability protection, tax law changes, bank rates, and real estate markets to proactively protect your entire portfolio.

Legacy

Securing your legacy is a continuous process that lasts as long as you want it to. Empirical Wealth Management works to ensure your estate plan reflects the latest legal developments and remains structured to support your long-term goals.

Investment Policy Statement

Your strategy begins with transparency. Empirical puts your entire investment strategy into writing. This provides clear direction for everyone and puts the focus on your goals, returns, benchmarks, cash flows, taxes, legal needs, and unique considerations.

We regularly review your holdings to ensure they are still worth holding.

Complex portfolios require active oversight to remain efficient and capitalize on market shifts.

Net Worth

We regularly monitor your net worth to evaluate progress and identify patterns that reveal strengths or weaknesses in your financial strategy. When adjustments are necessary, we make them in a way that supports long-term efficiency and performance.

Cash flow

Empirical is always keeping an eye on your cash flow to ensure you have enough liquidity to support your life as it really is, without siphoning too much away from reaching your stated goals.

Goal-based return

Goals evolve. Whether yours have changed or stayed the same, consistent monitoring helps ensure your financial plan remains responsive. Our focus is on making sure your strategy supports measurable progress over time.

Achieved Returns

Empirical routinely evaluates the returns of your investments to confirm they are performing as intended. If the results fall short or diverge from your goals, we take corrective action.

Volatility Expectations

Drawing on decades of investing experience, the firm typically knows what to expect and are prepared for it. However, external events may introduce uncertainty. Our process adjusts expectations and strategy as needed.

Asset Allocation and Rebalancing Needs

Markets change. Companies grow and contract. Innovations reshape industries. The firm actively monitors your portfolio and rebalance as required so you do not take on risk that you are not comfortable with.

Dispositive Scheme

One of the most important parts of an estate plan that includes a trust is the dispositive scheme. This outlines how your assets will be distributed and provides instructions to your executor. We, and our legal partners, work with you to develop the strategy you are comfortable with and revisit it on a set schedule to make sure it stays current with your wishes. *

* Empirical Wealth Management is not a law firm and does not provide legal advice to clients. Legal services are provided by Secure Legacy Law Group, P.C., and other outside attorneys with whom we partner closely.

Executor and Power of Attorney

Assigning power of attorney allows trusted advisors to act on your behalf and carry out your wishes. Further, you need an executor ready to handle affairs after death. Since you need to be comfortable with the people in both roles, we regularly confirm that you still approve of them.

Legacy Optimization

Creating an estate plan is the first step in building your legacy, not the last. Your beneficiaries may experience significant life changes. Your chosen charitable organizations may stray from its original vision. outside forces may impact your plans. For these reasons, we review your plan at regular intervals and explore opportunities to improve effectiveness.

Tax Filing

Doing your taxes helps confirm we are finding all the legal, appropriate ways to reduce your tax burden and using the remainder to offset other income. It is just one element of our holistic approach to managing your financial life.

Tax Projections

Savvy investors must be tax-aware every day, not just on April 15th. We continuously project your possible tax burden and look for ways to eliminate, minimize, or delay the expense to maximize the chances of creating your life-changing results.

Planning Opportunities and Impact

Tax strategies are dynamic. What worked last year may no longer apply. Empirical regularly compares your plan to current regulations, expected revisions to the law, and allowed gifting strategies to ensure you receive the highest possible impact from opportunities that apply.

Property/Casualty

As the value of your home or automobile collection rises, your existing insurance may no longer offer sufficient protection. Fortunately, we are always on the lookout for changes in net worth and liability exposures and communicating across your staff of financial experts.

Life

life insurance can be a valuable tool to smooth business succession plans or pass wealth to beneficiaries without taxes. Empirical regularly review your coverage to confirm that your policies remain aligned with your objectives.

Long Term Care

Long-term care is a consideration for every family, including those with significant assets. You may still want to balance high quality care with low family stress, even if you are less concerned about depleting assets. That is why we include this important consideration in your insurance reviews.

Discover more reasons Empirical is the right choice for you.

K. Richmond

Testimonial provided by existing Empirical clients. No compensation was provided for these statements. There are no known conflicts of interest between these clients and Empirical.

I have been with Empirical Wealth Management for over 10 years and everyone I have worked with has been amazing.  Most recently, I have worked with Ethan, John and Qun, but John Miller in particular has been my point of contact for the last few years.  I could not be happier with the level of service, as he has walked me through several personal and professional transitions including global moves and always approached our conversations with patience and creative solutions. †
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Estate planning for high-net-worth families can make all the difference. Let’s do it together.

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