Empiric Advisors Inc

Item 5 – Fees and Compensation
Description
Empiric Advisors fee for Portfolio Management Services is 1% of assets under
management.

Although Empiric Advisors has established the aforementioned fees, it retains the
discretion to negotiate alternative fees on a client-by-client basis. Client facts,

 Empiric Advisors, Inc.                                                     Part 2A: Firm Brochure

circumstances, and needs will be considered in determining the fee schedule. These
include, but are not limited to, the complexity of the client relationship, assets to be placed
under management, anticipated future additional assets, related accounts, portfolio style,
and account composition, among other factors. The specific manner in which fees are
charged by Empiric Advisors is established in a client’s written agreement with Empiric
Advisor.

No management fee is charged on the portion of a separately managed client’s assets that is
invested in the Empiric Mutual Fund.

Fee Billing
Fees are billed quarterly by Empiric Advisors, in advance, at the beginning of each calendar
quarter, based upon the value (market value or fair market value in the absence of market
value) of the account. Fees will be directly debited from the custodian account, if acceptable
to the client. Clients can prohibit direct debiting of management fees, in which case Empiric
Advisors will bill the client directly.

Termination of Services
A client agreement can be canceled, at any time, by the client for any reason upon written
notice, and by Empiric Advisors upon provision of 30 days written notice to the client.
Accounts initiated during a calendar quarter will be charged a prorated fee. Upon
termination of any account, any earned, unpaid fees will be refunded.

Other Fees
In addition to the Firm’s advisory fees, clients are also responsible for the fees and
expenses charged by custodians and imposed by broker dealers, including but not limited
to, any transaction charges imposed by a broker dealer with which an independent
investment manager effects transactions for the client’s accounts. Please refer to the
“Brokerage Practices” section of this Form ADV for additional information.

Item 7 – Types of Clients
Description
Empiric Advisors currently provides portfolio management services to individuals, high net
worth individuals, and the Mutual Fund.

 Empiric Advisors, Inc.                                                      Part 2A: Firm Brochure

Account Minimums
Empiric Advisors imposes a minimum dollar value of assets per account for new clients in
each of its strategies, all of which it can waive at its discretion. The minimum initial
investment in its Small to Mid-Cap strategy is $2 million. The minimum initial investment
in its Large Cap strategy is $2 million.