Empire Asset Management
Empire Asset Management is a privately held, family-owned full-service financial services firm offering integrated brokerage, asset management, and investment banking services to thousands of private investors, institutional clients in North America and Europe, and corporate issuers with strength in medical and biotech.
- Company typePrivate
- Founded2002
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Empire Asset Management does
Empire Asset Management Company is a privately held, family-owned full-service financial services firm founded in 2002 and headquartered in Holmdel, New Jersey, with operations run by a Wall Street-veteran executive team led by CEO Gregg Zeoli. The firm operates across three integrated business lines: brokerage (transactional execution for retail clients and institutional research, sales, and trading across major exchanges), asset management (run through affiliated registered investment adviser Empire Financial Management Company, offering separately managed accounts, multi-manager and unified managed accounts, mutual fund and ETF strategies, and alternatives), and investment banking (corporate advisory, private placements, M&A, and syndicate participation in IPOs and secondaries, with a stated emphasis on medical and biotech issuers). Clients span private/individual investors, active institutional portfolio managers in North America and Europe, and publicly and privately held companies seeking capital markets access.
The firm's operating model is built on dedicated personal financial advisors delivering one-on-one service, supplemented by an institutional sales-and-trading desk and the Investor Connect digital client portal that supports paperless onboarding, mobile account documents, wire requests, and transfers. Underlying technology is described as a digital platform with paperless office capabilities; no AI/ML, APIs, SDKs, or proprietary algorithms are disclosed. Clearing and custody are outsourced to RBC Clearing & Custody, with SEC-mandated independent audits and segregated client cash, while syndicate access depends on long-term relationships with major institutional banking firms.
Revenue is generated through brokerage commissions on equity, fixed income, and options transactions; recurring asset management fees on managed portfolios and wrappers; investment banking fees from advisory, private placements, and capital markets transactions; and transaction-based syndicate participation income. The firm does not disclose pricing publicly; fee schedules are obtained via direct contact with advisors. The firm is FINRA- and SIPC-membered, serves thousands of clients across the U.S. and abroad, and operates without institutional outside ownership, outside investors, or a parent company.
Empire Asset Management firmographics
Firmographics- Name
- Empire Asset Management
- Legal name
- Empire Asset Management Company
- Website
- https://empiream.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Empire Asset Management is a privately held, family-owned full-service financial services firm offering integrated brokerage, asset management, and investment banking services to thousands of private investors, institutional clients in North America and Europe, and corporate issuers with strength in medical and biotech.
- Ownership category
- akta.pro rank
Empire Asset Management industry classification
Industry- Product category
- Full-Service Brokerage and Investment Banking
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Financial Investment Activities (5239)
- SIC
- Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)
- akta.pro secondary industries
- Independent Broker-Dealers (Retail Network) (FSAAAAAC), Global Equity (Active) (FSAAAIAD), Managed Account Platforms (Separately Managed Accounts / Customized Portfolios) (FSAHAKAC), Business Owner & Executive Financial Planning (FSAEAAAO)
Keywords
Where Empire Asset Management is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Empire Asset Management business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Brokerage Services: Commissions and fees from executing securities transactions for clients, including equity, fixed income, and options trading
- Asset Management Fees: Fees from managing customized investment portfolios including separately managed accounts, multi-manager accounts, unified managed accounts, mutual fund strategies, ETF strategies, and alternative investments
- Investment Banking: Fees from corporate advisory services, private placements (equity/debt), M&A services, capital markets strategic evaluation, and syndicate participation
- Syndicate Participation: Revenue from participating in IPOs and secondary offerings through relationships with institutional banking firms
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Empire Asset Management product offering
Product offeringCore offering
Empire Asset Management is a family-owned, full-service financial services company that provides personalized brokerage, asset management, and investment banking services to private investors, institutional clients, and corporations. Through its registered investment adviser affiliate Empire Financial Management Company, the firm delivers customized investment solutions including separately managed accounts, multi-manager accounts, unified managed accounts, mutual fund and ETF strategies, and alternative investments. The firm combines personal financial advisor service with institutional-grade research, sales, trading, and capital markets capabilities across North America and Europe.
Product overview
Empire Asset Management is a family-owned full-service financial services company offering a comprehensive suite of integrated products through three core divisions: Brokerage (Transactional Brokerage and Institutional Research, Sales & Trading), Asset Management/Financial Planning (through affiliate Empire Financial Management Company with separately managed accounts, multi-manager accounts, and alternative investments), and Investment Banking (Capital Markets and Syndicate services). The company emphasizes an open-architecture product offering with non-conflicted advisory services and a focus on personal client relationships over product pushing.
Differentiator
Problem solved
Functional benefit
Products and services
- Transactional Brokerage One-on-one securities brokerage service providing personal financial advisor access, research commentary, and execution of equity and debt transactions across global markets for private investors.
- Institutional Research, Sales and Trading Comprehensive institutional services including in-depth securities research and analysis, seasoned sales team coverage, and algorithmic trading execution across major exchanges, targeting active portfolio managers.
- Asset Management and Financial Planning Customized investment solutions offered through Empire Financial Management Company (registered investment adviser affiliate), including separately managed accounts, multi-manager accounts, unified managed accounts, mutual fund strategies, ETF strategies, and alternative investments, with access to leading portfolio managers.
- Capital Markets Investment banking services providing access to capital markets investments, corporate advisory, private placements (equity/debt), M&A services, and capital markets strategic evaluation, with particular strength serving medical and biotech industries.
- Syndicate Access to IPOs and secondary equity offerings through Empire's relationships with major institutional banking firms, providing above-average growth opportunities through syndicate participation for eligible investors.
Companies that use Empire Asset Management
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Empire Asset Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Empire Asset Management partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered flagship and core.
- BXPflagshipBXP and Empire Asset Management formed a joint venture to acquire 360 Park Avenue South in Manhattan for $300 million. The 450,000-square-foot, 20-story building has since been renovated and achieved over 90% occupancy.
- Leading Equity/Fixed Income Portfolio ManagerscoreEmpire provides access to leading asset managers through its registered investment adviser affiliate, Empire Financial Management Company. The firm leverages expertise of portfolio managers controlling risk while maximizing return potential.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
Empire Asset Management competitors and assessment
Company assessmentDirect peers
- Canaccord Genuity Group: Independent full-service financial services firm with wealth management and capital markets divisions — comparable mid-market boutique model, particularly in healthcare/biotech investment banking where Empire cites strength.
- Robert W. Baird & Co. Employee-owned, full-service financial services firm providing wealth management, investment banking, and equity research — closely aligned with Empire's independent, relationship-driven positioning and multi-product offering.
- Stifel Financial Corp. Full-service wealth management, brokerage, and investment banking firm with a similar multi-line model serving both individual and institutional clients. Comparable in offering the integrated brokerage/advisory/banking platform, though materially larger in scale.
- Janney Montgomery Scott: Private, employee-owned financial services firm providing wealth management, capital markets, and investment banking — highly comparable to Empire in private ownership, advisor-led model, and integrated product offering.
- B. Riley Financial: Diversified financial services platform offering wealth management, investment banking, and capital markets — comparable multi-line model with particular strength in small/mid-cap advisory, similar to Empire's growth-company focus.
- Wedbush Securities: Private, full-service financial services firm offering wealth management, investment banking, equities, and fixed income — closely aligned with Empire's private structure and integrated brokerage/advisory/capital markets offering.
- Ladenburg Thalmann Financial Services: Independent broker-dealer and investment banking firm providing advisory, wealth management, and capital markets services — directly comparable independent, advisor-driven model serving both retail and institutional clients.
- Raymond James Financial: Diversified financial services firm offering private client group (brokerage/advisory), asset management, and investment banking — directly comparable to Empire's three-pillar platform and advisor-led distribution model.
- DA Davidson & Co. Employee-owned full-service investment firm offering wealth management, investment banking, and institutional services — a strong comparable to Empire in independent ownership structure, multi-product breadth, and regional/national client mix.
- Oppenheimer & Co. (Invesco subsidiary): Full-service broker-dealer offering wealth management, asset management, and investment banking with sector-specialist institutional research — comparable to Empire's integrated platform and research-driven institutional sales/trading.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Empire Asset Management compliance and trust
Trust signalCompliance2 records
Empire Asset Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Empire Asset Management leadership team
Management profileNumber of profiles
Profiles1 record
Empire Asset Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Empire Asset Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Empire Asset Management
What does Empire Asset Management do?
Empire Asset Management is a family-owned, full-service financial services company that provides personalized brokerage, asset management, and investment banking services to private investors, institutional clients, and corporations. Through its registered investment adviser affiliate Empire Financial Management Company, the firm delivers customized investment solutions including separately managed accounts, multi-manager accounts, unified managed accounts, mutual fund and ETF strategies, and alternative investments. The firm combines personal financial advisor service with institutional-grade research, sales, trading, and capital markets capabilities across North America and Europe.
Is Empire Asset Management a public or private company?
Empire Asset Management is a private company. It is classified as family owned and is currently operating.
When was Empire Asset Management founded?
Empire Asset Management was founded in 2002. It employs 1 to 10 people.
Where is Empire Asset Management based?
Empire Asset Management is headquartered in New York, United States, in the North America region.
How does Empire Asset Management make money?
Four revenue lines are on record. Brokerage Services are the primary driver. The others are asset Management Fees, investment Banking and syndicate Participation.
Who are Empire Asset Management's main competitors?
Direct peers on record are Canaccord Genuity Group, Robert W. Baird & Co., Stifel Financial Corp., Janney Montgomery Scott, B. Riley Financial, Wedbush Securities, Ladenburg Thalmann Financial Services, Raymond James Financial, DA Davidson & Co. and Oppenheimer & Co. (Invesco subsidiary).
Does Empire Asset Management have an API?
No public API is recorded for Empire Asset Management.
What industry is Empire Asset Management in?
Empire Asset Management's product category is Full-Service Brokerage and Investment Banking. Its primary akta.pro industry code is FSAEABAA, Registered Investment Advisor (RIA) Wealth Management, with a secondary code of FSAAAAAC, Independent Broker-Dealers (Retail Network). Its NAICS code is 523940 and its SIC code is 6282.