Empire Asset Management
Empire Asset Management Company is a family-owned broker-dealer based in Holmdel, New Jersey, offering brokerage, asset management, investment banking and institutional research, sales and trading to private and institutional clients.
Activity24M
RatingsPrice targetsKey figures
- Stocks covered
- 212M
- Actions
- 212M
- Ratings / Price targets
- 2 / 0
- Upgrades / Downgrades
- 0 / 1
- Buy-rated
- 0%of 2 rated
- On record
- Jun 2014 – Sep 2026
Overview
Empire describes itself as an independent brokerage that gives its advisers access to products from multiple providers. Christopher Hamilton has been Director of Research since March 2019. Its advisory affiliate, Empire Financial Management Company, tailors asset allocation to each client and selects outside managers through a due diligence process.
The firm was established in New York in November 2006, and its SEC broker-dealer registration was approved in June 2007. Its main office, formerly at 29 Broadway in Lower Manhattan, is now in Holmdel, New Jersey. It is controlled through Empire Investment Group Holdings, LLC and has cleared customer accounts through RBC Capital Markets since 2015.
Milestones
- 2006
Established in New York
- 2007
SEC broker-dealer registration approved
Firm facts
- Legal name
- Empire Asset Management Company
- Type
- Boutique
- Founded
- 2006
- Headquarters
- Holmdel, United States
- Parent
- Empire Investment Group Holdings, LLC
- Chief Executive Officer and President
- Gregg Zeoli
- Website
- empiream.com
Research philosophy
The ideas and suggestions we offer are product- and firm-agnostic, chosen with each client’s objectives and interests in mind.
Empire's institutional desk publishes fundamental and technical profiles of growth companies in North America and Europe. The desk specializes in individual industry sectors, an approach the firm says helps its analysts develop a detailed understanding of companies and their markets.
Rating methodology
Its published stock ratings include Outperform and Market Perform.
Coverage12M
Sectors
Most covered24M
| Stock | Rating | Target |
|---|---|---|
 Brookfield Asset Management Ltd.BAM | Neutral | — |
 LXP Industrial TrustLXP | Market Perform | — |
Recent actions
| Date | Stock | Rating action | Rating |
|---|---|---|---|
| Sep 18 | Brookfield Asset Management Ltd.BAM | Reiterate | Neutral |
| Jul 21 | LXP Industrial TrustLXP | Downgrade | Market Perform |
| Feb 27, 2018 | LPLipocine Inc.LPCN | Upgrade | Hold →Buy |
| Feb 25, 2016 | POInsulet CorporationPODD | Reiterate | Sell |
| Aug 12, 2015 | LPLipocine Inc.LPCN | Reiterate | Buy |
| Jun 10, 2014 | VNVanda Pharmaceuticals Inc.VNDA | Reiterate | Sell |