Empyrion Wealth Management, Inc. (Roseville)

Name: Empyrion Wealth Management, Inc.
Address: 3741 Douglas Blvd, Roseville, CA, 95661
Telephone: 916-786-7626

Empyrion Wealth Management, Inc. is a large advisory firm based in Roseville. It manages $188.42 million of regulatory assets for 323 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of California.

Empyrion Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Empyrion Wealth Management: assets under management

The assets under management (AUM) of Empyrion Wealth Management, Inc. is $188.42 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 92% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $188.42 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $583.35 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Empyrion Wealth Management, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Empyrion Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Empyrion Wealth Management is high net worth individuals with 51 clients and $163.41 million of assets under management. Among the 11 most similar advisory firms, Empyrion Wealth Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $188.42 million for 86 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Empyrion Wealth Management doesn't advise any private funds.

Careers at Empyrion Wealth Management, Inc.

The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kimberly Linnea Foss	President, ceo, chief compliance officer	1 Sep 1999	75% - 100%	1188425
Kim Linnea Foss Erickson	President, chief compliance officer	1 Sep 1999	75% - 100%	1188425
Renee Silacci Morrison	Chief compliance officer	1 Apr 2016	Other	6797415
Renee Louise Morrison	Chief compliance officer	1 Apr 2016	Other	2346273

Based in Roseville

The principal office where Empyrion Wealth Management, Inc. performs its advisory services is located at 3741 Douglas Blvd, Roseville, CA 95661, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 916-786-7626 or by fax 916-773-3287. The normal business hours are 8 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at empyrionwealth.com.