Chief Compliance Officer

0001085146-19-000614.txt : 20190213 0001085146-19-000614.hdr.sgml : 20190213 20190212201013 ACCESSION NUMBER: 0001085146-19-000614 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20181231 FILED AS OF DATE: 20190213 DATE AS OF CHANGE: 20190212 EFFECTIVENESS DATE: 20190213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Empirical Financial Services, LLC d.b.a. Empirical Wealth Management CENTRAL INDEX KEY: 0001510434 IRS NUMBER: 272114998 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14067 FILM NUMBER: 19592865 BUSINESS ADDRESS: STREET 1: 1420 5TH AVE SUITE 3150 CITY: SEATTLE STATE: WA ZIP: 98101 BUSINESS PHONE: 2069233474 MAIL ADDRESS: STREET 1: 1420 5TH AVE SUITE 3150 CITY: SEATTLE STATE: WA ZIP: 98101 FORMER COMPANY: FORMER CONFORMED NAME: Empirical Financial Services, LLC DATE OF NAME CHANGE: 20110114 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001510434 XXXXXXXX 12-31-2018 12-31-2018 false Empirical Financial Services, LLC d.b.a. Empirical Wealth Management

1420 5TH AVE SUITE 3150 SEATTLE WA 98101

13F HOLDINGS REPORT 028-14067 N Lindsay M. Farnsworth Chief Compliance Officer 206-923-3474 /s/ Lindsay M. Farnsworth Seattle WA 02-11-2019 0 200 588742 INFORMATION TABLE 2 form13fInfoTable.xml DESCRIPTION FOR INFORMATION TABLE 3M CO COM 88579Y101 407 2138 SH SOLE 1938 0 200 ABBVIE INC COM 00287Y109 200 2170 SH SOLE 1802 0 368 ADOBE INC COM 00724F101 418 1846 SH SOLE 1846 0 0 ALASKA AIR GROUP INC COM 011659109 424 6969 SH SOLE 6629 0 340 ALASKA AIR GROUP INC COM 011659109 6 100 SH Call SOLE 0 0 100 ALPHABET INC CAP STK CL A 02079K305 677 648 SH SOLE 400 0 248 ALPHABET INC CAP STK CL C 02079K107 702 678 SH SOLE 490 0 188 ALTABA INC COM 021346101 273 4713 SH SOLE 4185 0 528 ALTRIA GROUP INC COM 02209S103 573 11608 SH SOLE 11608 0 0 AMAZON COM INC COM 023135106 6305 4198 SH SOLE 2475 0 1723 AMGEN INC COM 031162100 832 4273 SH SOLE 3773 0 500 APPLE INC COM 037833100 5753 36472 SH SOLE 23580 0 12891 APPLIED MATLS INC COM 038222105 282 8600 SH SOLE 8600 0 0 AT&T INC COM 00206R102 483 16940 SH SOLE 14451 0 2489 AUTOMATIC DATA PROCESSING IN COM 053015103 525 4008 SH SOLE 2525 0 1483 BANK AMER CORP COM 060505104 414 16797 SH SOLE 13277 0 3520 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 649 3179 SH SOLE 2157 0 1022 BOEING CO COM 097023105 1869 5795 SH SOLE 4570 0 1225 BRISTOL MYERS SQUIBB CO COM 110122108 296 5691 SH SOLE 5691 0 0 CALAMOS CONV & HIGH INCOME F COM SHS 12811P108 105 11215 SH SOLE 11215 0 0 CAMDEN NATL CORP COM 133034108 1319 36669 SH SOLE 0 0 36669 CATERPILLAR INC DEL COM 149123101 209 1645 SH SOLE 1034 0 610 CEL SCI CORP COM PAR NEW 150837607 45 15535 SH SOLE 15535 0 0 CHESAPEAKE ENERGY CORP COM 165167107 22 10400 SH SOLE 10400 0 0 CHEVRON CORP NEW COM 166764100 2444 22461 SH SOLE 16489 0 5973 CISCO SYS INC COM 17275R102 536 12381 SH SOLE 11181 0 1200 COCA COLA CO COM 191216100 416 8794 SH SOLE 8794 0 0 COMCAST CORP NEW CL A 20030N101 289 8473 SH SOLE 7473 0 1000 CONOCOPHILLIPS COM 20825C104 452 7255 SH SOLE 6145 0 1110 CONSTELLATION BRANDS INC CL A 21036P108 241 1499 SH SOLE 1499 0 0 COSTCO WHSL CORP NEW COM 22160K105 2311 11345 SH SOLE 10199 0 1146 CSX CORP COM 126408103 378 6077 SH SOLE 3677 0 2400 DANAHER CORP DEL COM 235851102 435 4217 SH SOLE 4217 0 0 DISNEY WALT CO COM DISNEY 254687106 1022 9316 SH SOLE 7211 0 2106 EDWARDS LIFESCIENCES CORP COM 28176E108 744 4860 SH SOLE 4860 0 0 EXXON MOBIL CORP COM 30231G102 1737 25477 SH SOLE 23320 0 2157 EXXON MOBIL CORP COM 30231G102 341 5000 SH Put SOLE 0 0 5000 FACEBOOK INC CL A 30303M102 900 6863 SH SOLE 5291 0 1572 FINJAN HLDGS INC COM NEW 31788H303 46 18520 SH SOLE 18520 0 0 FIRST TR DJS MICROCAP INDEX COM SHS ANNUAL 33718M105 602 14845 SH SOLE 14485 0 360 FIRST TR EXCH TRD ALPHA FD I EMERG MKT ALPH 33737J182 950 41599 SH SOLE 35499 0 6100 FIRST TR EXCHANGE TRADED FD SENIOR LN FD 33738D309 3734 82039 SH SOLE 61861 0 20178 FIRST TR EXCHANGE-TRADED FD PFD SECS INC ETF 33739E108 5987 333532 SH SOLE 299547 0 33986 FISERV INC COM 337738108 296 4026 SH SOLE 4026 0 0 GENERAL DYNAMICS CORP COM 369550108 308 1957 SH SOLE 1957 0 0 GENERAL ELECTRIC CO COM 369604103 278 36706 SH SOLE 33489 0 3217 GENERAL MLS INC COM 370334104 319 8182 SH SOLE 8100 0 82 GILEAD SCIENCES INC COM 375558103 342 5469 SH SOLE 5069 0 400 HEWLETT PACKARD ENTERPRISE C COM 42824C109 223 16917 SH SOLE 15258 0 1659 HOME DEPOT INC COM 437076102 1183 6887 SH SOLE 6586 0 301 HONEYWELL INTL INC COM 438516106 273 2063 SH SOLE 1448 0 615 HP INC COM 40434L105 395 19328 SH SOLE 17669 0 1659 INTEL CORP COM 458140100 1488 31709 SH SOLE 30015 0 1694 INTERNATIONAL BUSINESS MACHS COM 459200101 466 4100 SH SOLE 3533 0 568 INVESCO EXCH TRD SLF IDX FD BULSHS 2019 CB 46138J304 2355 111816 SH SOLE 97541 0 14276 INVESCO EXCH TRD SLF IDX FD BULSHS 2019 HY 46138J403 937 39654 SH SOLE 35768 0 3886 INVESCO EXCH TRD SLF IDX FD BULSHS 2020 CB 46138J502 2335 110826 SH SOLE 96661 0 14165 INVESCO EXCH TRD SLF IDX FD BULSHS 2020 HY 46138J601 789 33666 SH SOLE 31399 0 2267 INVESCO EXCH TRD SLF IDX FD BULSHS 2021 CB 46138J700 2106 101475 SH SOLE 85822 0 15653 INVESCO EXCH TRD SLF IDX FD BULSHS 2021 HY 46138J809 774 32728 SH SOLE 30561 0 2167 INVESCO EXCH TRD SLF IDX FD BULSHS 2022 CB 46138J882 2066 100249 SH SOLE 85068 0 15180 INVESCO EXCH TRD SLF IDX FD BULSHS 2022 HY 46138J874 742 31960 SH SOLE 29715 0 2244 INVESCO EXCH TRD SLF IDX FD BULSHS 2023 CB 46138J866 1980 98165 SH SOLE 83980 0 14185 INVESCO EXCH TRD SLF IDX FD BULSHS 2023 HY 46138J858 704 28591 SH SOLE 26261 0 2329 INVESCO EXCH TRD SLF IDX FD BULSHS 2024 CB 46138J841 1648 82533 SH SOLE 68843 0 13690 INVESCO EXCHANGE TRADED FD T S&P500 BUY WRT 46137V399 715 36200 SH SOLE 22350 0 13850 INVESCO EXCHNG TRADED FD TR S&P500 LOW VOL 46138E354 286 6126 SH SOLE 4977 0 1149 INVESCO QQQ TR UNIT SER 1 46090E103 2017 13077 SH SOLE 13027 0 50 ISHARES GOLD TRUST ISHARES 464285105 155 12603 SH SOLE 12603 0 0 ISHARES INC CORE MSCI EMKT 46434G103 26963 571855 SH SOLE 441926 0 129929 ISHARES INC MSCI FRNTR100ETF 464286145 2595 99248 SH SOLE 68192 0 31055 ISHARES SILVER TRUST ISHARES 46428Q109 493 33985 SH SOLE 33985 0 0 ISHARES TR 0-5 YR TIPS ETF 46429B747 677 6907 SH SOLE 5207 0 1700 ISHARES TR 1 3 YR TREAS BD 464287457 32629 390211 SH SOLE 282906 0 107304 ISHARES TR CORE MSCI EAFE 46432F842 558 10152 SH SOLE 7502 0 2650 ISHARES TR CORE S&P MCP ETF 464287507 206 1241 SH SOLE 735 0 506 ISHARES TR CORE S&P SCP ETF 464287804 376 5428 SH SOLE 3180 0 2248 ISHARES TR CORE S&P500 ETF 464287200 857 3406 SH SOLE 2238 0 1168 ISHARES TR CORE US AGGBD ET 464287226 783 7352 SH SOLE 3631 0 3721 ISHARES TR EAFE SML CP ETF 464288273 1428 27557 SH SOLE 25778 0 1779 ISHARES TR EAFE VALUE ETF 464288877 2157 47710 SH SOLE 38165 0 9545 ISHARES TR INTL DEVPPTY ETF 464288422 427 12380 SH SOLE 5398 0 6982 ISHARES TR INTL QLTY FACTOR 46434V456 3333 129125 SH SOLE 86625 0 42500 ISHARES TR INTRM TR CRP ETF 464288638 523 9970 SH SOLE 9970 0 0 ISHARES TR JPMORGAN USD EMG 464288281 1006 9681 SH SOLE 7685 0 1996 ISHARES TR MICRO-CAP ETF 464288869 4920 59676 SH SOLE 49387 0 10289 ISHARES TR MRNGSTR LG-CP ET 464287127 228 1600 SH SOLE 1600 0 0 ISHARES TR MSCI EAFE ETF 464287465 744 12660 SH SOLE 11943 0 717 ISHARES TR MSCI EMG MKT ETF 464287234 304 7779 SH SOLE 7779 0 0 ISHARES TR MSCI EMG MKT ETF 464287234 39 1000 SH Call SOLE 0 0 1000 ISHARES TR NATIONAL MUN ETF 464288414 7812 71648 SH SOLE 56755 0 14893 ISHARES TR RUS 1000 ETF 464287622 765 5519 SH SOLE 5519 0 0 ISHARES TR RUS 1000 GRW ETF 464287614 227 1736 SH SOLE 1736 0 0 ISHARES TR RUS 1000 VAL ETF 464287598 220 1982 SH SOLE 1232 0 750 ISHARES TR RUS 2000 GRW ETF 464287648 282 1680 SH SOLE 1680 0 0 ISHARES TR RUS MID CAP ETF 464287499 293 6304 SH SOLE 6304 0 0 ISHARES TR RUSSELL 2000 ETF 464287655 478 3569 SH SOLE 3461 0 109 ISHARES TR S&P 500 GRWT ETF 464287309 341 2265 SH SOLE 2265 0 0 ISHARES TR SELECT DIVID ETF 464287168 373 4173 SH SOLE 3853 0 320 ISHARES TR SH TR CRPORT ETF 464288646 847 16400 SH SOLE 16400 0 0 ISHARES TR SHRT NAT MUN ETF 464288158 639 6061 SH SOLE 6061 0 0 ISHARES TR TIPS BD ETF 464287176 2572 23484 SH SOLE 14235 0 9250 ISHARES TR USA QUALITY FCTR 46432F339 3007 39170 SH SOLE 35220 0 3950 ISHARES US ETF TR COMMOD SEL STG 46431W853 3167 103880 SH SOLE 70845 0 33035 JOHNSON & JOHNSON COM 478160104 1379 10686 SH SOLE 10511 0 175 JPMORGAN CHASE & CO COM 46625H100 710 7269 SH SOLE 6769 0 500 LILLY ELI & CO COM 532457108 493 4256 SH SOLE 3356 0 900 MATTHEWS INTL CORP CL A 577128101 711 17506 SH SOLE 17506 0 0 MCDONALDS CORP COM 580135101 1150 6478 SH SOLE 6478 0 0 MERCK & CO INC COM 58933Y105 754 9873 SH SOLE 7707 0 2166 MICROCHIP TECHNOLOGY INC COM 595017104 855 11890 SH SOLE 11890 0 0 MICROSOFT CORP COM 594918104 7087 69776 SH SOLE 57956 0 11820 MONDELEZ INTL INC CL A 609207105 235 5865 SH SOLE 5865 0 0 NIKE INC CL B 654106103 832 11227 SH SOLE 9063 0 2164 NORTHWEST NAT HLDG CO COM 66765N105 813 13452 SH SOLE 13452 0 0 NVIDIA CORP COM 67066G104 351 2632 SH SOLE 2500 0 132 OCCIDENTAL PETE CORP DEL COM 674599105 237 3857 SH SOLE 3857 0 0 ONEOK INC NEW COM 682680103 220 4078 SH SOLE 4078 0 0 OPKO HEALTH INC COM 68375N103 67 22200 SH SOLE 2200 0 20000 ORACLE CORP COM 68389X105 504 11164 SH SOLE 9062 0 2102 PEPSICO INC COM 713448108 355 3215 SH SOLE 2275 0 940 PFIZER INC COM 717081103 1196 27406 SH SOLE 25789 0 1617 PHILIP MORRIS INTL INC COM 718172109 313 4694 SH SOLE 4466 0 228 PHILLIPS 66 COM 718546104 695 8063 SH SOLE 7833 0 230 PIMCO ETF TR 0-5 HIGH YIELD 72201R783 776 8160 SH SOLE 6615 0 1545 PROCTER AND GAMBLE CO COM 742718109 1277 13897 SH SOLE 13197 0 700 PS BUSINESS PKS INC CALIF COM 69360J107 1617 12345 SH SOLE 12345 0 0 RAYTHEON CO COM NEW 755111507 211 1376 SH SOLE 1376 0 0 ROCKWELL AUTOMATION INC COM 773903109 1169 7768 SH SOLE 7768 0 0 SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 2619 111323 SH SOLE 106761 0 4562 SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 471 16626 SH SOLE 4853 0 11774 SCHWAB STRATEGIC TR INTL SCEQT ETF 808524888 5796 199169 SH SOLE 150285 0 48884 SCHWAB STRATEGIC TR SCHWAB FDT US LG 808524771 246 7245 SH SOLE 7245 0 0 SCHWAB STRATEGIC TR SHT TM US TRES 808524862 207 4152 SH SOLE 3955 0 197 SCHWAB STRATEGIC TR US AGGREGATE B 808524839 4832 95517 SH SOLE 53207 0 42310 SCHWAB STRATEGIC TR US BRD MKT ETF 808524102 1032 17224 SH SOLE 13682 0 3542 SCHWAB STRATEGIC TR US LCAP GR ETF 808524300 203 2938 SH SOLE 2938 0 0 SCHWAB STRATEGIC TR US LCAP VA ETF 808524409 276 5594 SH SOLE 5477 0 117 SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 8558 143358 SH SOLE 83151 0 60207 SCHWAB STRATEGIC TR US SML CAP ETF 808524607 612 10085 SH SOLE 9729 0 356 SCHWAB STRATEGIC TR US TIPS ETF 808524870 1543 28980 SH SOLE 16491 0 12489 SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 360 5811 SH SOLE 4890 0 921 SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 534 2290 SH SOLE 2290 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 276 2274 SH SOLE 2274 0 0 SPDR INDEX SHS FDS DJ GLB RL ES ETF 78463X749 281 6346 SH SOLE 4314 0 2032 SPDR INDEX SHS FDS S&P EMKTSC ETF 78463X756 854 20841 SH SOLE 19991 0 850 SPDR INDEX SHS FDS S&P INTL ETF 78463X772 1700 48618 SH SOLE 40623 0 7995 SPDR S&P 500 ETF TR TR UNIT 78462F103 9892 39580 SH SOLE 38880 0 700 SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 374 1237 SH SOLE 1237 0 0 SPDR SER TR BLOOMBERG SRT TR 78468R408 25608 983793 SH SOLE 753100 0 230693 SPDR SER TR NUVEEN BLMBRG SR 78468R739 10658 221770 SH SOLE 154483 0 67287 SPDR SERIES TRUST DJ REIT ETF 78464A607 1390 16163 SH SOLE 11828 0 4335 SPDR SERIES TRUST NUV HGHYLD MUN 78464A284 11166 199112 SH SOLE 162542 0 36570 SPDR SERIES TRUST PORTFOLIO INTRMD 78464A375 1446 43779 SH SOLE 31274 0 12505 SPDR SERIES TRUST PORTFOLIO SHORT 78464A474 2554 84750 SH SOLE 58275 0 26475 SPDR SERIES TRUST S&P 600 SMCP GRW 78464A201 647 12000 SH SOLE 12000 0 0 SPDR SERIES TRUST S&P DIVID ETF 78464A763 386 4314 SH SOLE 3773 0 541 SPLUNK INC COM 848637104 733 6993 SH SOLE 6993 0 0 SSGA ACTIVE ETF TR BLKSTN GSOSRLN 78467V608 228 5100 SH SOLE 5100 0 0 STARBUCKS CORP COM 855244109 1570 24376 SH SOLE 17238 0 7138 TELEDYNE TECHNOLOGIES INC COM 879360105 1882 9088 SH SOLE 9088 0 0 TESLA INC COM 88160R101 351 1055 SH SOLE 778 0 277 UNION PAC CORP COM 907818108 452 3271 SH SOLE 2990 0 280 UNITED TECHNOLOGIES CORP COM 913017109 354 3323 SH SOLE 3245 0 78 UNITEDHEALTH GROUP INC COM 91324P102 215 865 SH SOLE 611 0 254 US BANCORP DEL COM NEW 902973304 5993 131143 SH SOLE 130967 0 176 VANECK VECTORS ETF TR AMT FREE INT ETF 92189H201 997 21001 SH SOLE 16984 0 4017 VANECK VECTORS ETF TR HIGH YLD MUN ETF 92189H409 2225 36444 SH SOLE 28454 0 7990 VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 846 10766 SH SOLE 3792 0 6974 VANGUARD GROUP DIV APP ETF 921908844 919 9378 SH SOLE 6406 0 2972 VANGUARD INDEX FDS GROWTH ETF 922908736 936 6971 SH SOLE 6971 0 0 VANGUARD INDEX FDS LARGE CAP ETF 922908637 9147 79632 SH SOLE 58845 0 20787 VANGUARD INDEX FDS REAL ESTATE ETF 922908553 14920 200075 SH SOLE 155095 0 44980 VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 274 1194 SH SOLE 1194 0 0 VANGUARD INDEX FDS SM CP VAL ETF 922908611 496 4344 SH SOLE 2367 0 1977 VANGUARD INDEX FDS SMALL CP ETF 922908751 1363 10323 SH SOLE 10323 0 0 VANGUARD INDEX FDS TOTAL STK MKT 922908769 5321 41688 SH SOLE 32298 0 9390 VANGUARD INDEX FDS VALUE ETF 922908744 3130 31959 SH SOLE 31389 0 569 VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 427 9361 SH SOLE 8361 0 1000 VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 971 25489 SH SOLE 20032 0 5457 VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 3021 31911 SH SOLE 31546 0 365 VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 3032 57855 SH SOLE 45099 0 12757 VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 1202 18357 SH SOLE 11650 0 6707 VANGUARD MALVERN FDS STRM INFPROIDX 922020805 53205 1110293 SH SOLE 862224 0 248069 VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 64059 773096 SH SOLE 563805 0 209291 VANGUARD SCOTTSDALE FDS SHORT TERM TREAS 92206C102 534 8877 SH SOLE 8877 0 0 VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 105084 1348266 SH SOLE 982671 0 365594 VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 2737 73760 SH SOLE 59401 0 14359 VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 2296 29441 SH SOLE 20167 0 9273 VANGUARD WORLD FDS INF TECH ETF 92204A702 214 1285 SH SOLE 1285 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 346 6160 SH SOLE 5803 0 357 VISA INC COM CL A 92826C839 1219 9241 SH SOLE 9241 0 0 VOYA PRIME RATE TR SH BEN INT 92913A100 51 11284 SH SOLE 11284 0 0 WALMART INC COM 931142103 217 2327 SH SOLE 2127 0 200 WISDOMTREE TR EMER MKT HIGH FD 97717W315 799 19907 SH SOLE 14570 0 5337 WISDOMTREE TR EMG MKTS SMCAP 97717W281 316 7553 SH SOLE 5556 0 1997 WISDOMTREE TR INTL SMCAP DIV 97717W760 2441 40471 SH SOLE 23675 0 16796 WISDOMTREE TR US HIGH DIVIDEND 97717W208 374 5745 SH SOLE 4730 0 1015 WISDOMTREE TR US SMALLCAP DIVD 97717W604 1230 50134 SH SOLE 36810 0 13324 XCEL ENERGY INC COM 98389B100 285 5783 SH SOLE 5783 0 0