# Evoadvisors

> Evoadvisors is an SEC-registered investment advisory firm in Richmond, VA, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 28, 2026.

- CRD: 149615
- Filed as: EVOADVISORS
- Legal name: Evolution Advisers, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Richmond, VA
- Filing period: October 2026
- Form ADV filing dated: April 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/149615
- AdvisorCensus page: https://advisorcensus.com/firm/evoadvisors-richmond-va-149615

## Quick answers

**How is Evoadvisors compensated?**
On its Form ADV (Item 5.E, October 2026), Evoadvisors reports these compensation arrangements: fixed fees (other than subscription fees).

**Where is Evoadvisors located?**
Evoadvisors' principal office is in Richmond, VA, according to its Form ADV.

**Is Evoadvisors registered with the SEC or a state?**
Evoadvisors is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 149615.

**How much does Evoadvisors manage?**
Evoadvisors reports $337,176,397 in regulatory assets under management in its Form ADV filing dated April 28, 2026 (95% discretionary).

**How have Evoadvisors' assets and staff changed since 2021?**
In the Form ADV data for Evoadvisors: Regulatory assets under management: $171,668,911 in the October 2021 data and $337,176,397 in the October 2026 data, up 96%. Total employees: 6 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Evoadvisors serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (96); individuals (other than high net worth individuals) (71); charitable organizations (1).

**Which custodians does Evoadvisors use?**
Evoadvisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Altruist Financial LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Evoadvisors report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/149615

**Does Evoadvisors state an account minimum?**
Its Form ADV Part 2A brochure dated April 28, 2026 says: "There is no minimum account size requirement to provide investment management services."

**What changed in Evoadvisors' recent Form ADV filings?**
In the February 2026 filing data: Employees performing advisory functions went from 5 to 6. Regulatory assets under management went from $270,996,007 to $337,176,397 (+24%). Registered or notice-filed in FL.

## From the Form ADV filing

### Compensation (Item 5.E)
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated April 28, 2026)

- Account minimum: None

> There is no minimum account size requirement to provide investment management services.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Altruist Financial LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $337,176,397
- Discretionary: $321,845,796
- Non-discretionary: $15,330,601

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 71 | $36,222,883 |
| High net worth individuals | 96 | $300,585,159 |
| Charitable organizations | 1 | $368,355 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2017 (9 years)
- Employees: 7 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO, FL, NC, NH, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- evoadvisers.com
- Facebook @EVOadvisers
- Instagram @evoadvisers
- Instagram @evofipodcast
- LinkedIn @evoadvisers
- X @EVOADVICE
- X @EVOfipodcast
- YouTube @UC9TR-QRiRpkTgEDvYY4ayHw

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $171,668,911 | 6 | July 19, 2021 |
| October 2022 | $184,826,380 | 6 | August 24, 2022 |
| October 2023 | $182,714,410 | 7 | January 27, 2023 |
| October 2024 | $231,707,517 | 7 | June 10, 2024 |
| October 2025 | $270,996,007 | 8 | January 21, 2025 |
| October 2026 | $337,176,397 | 7 | April 28, 2026 |

Regulatory assets under management: $171,668,911 in the October 2021 data and $337,176,397 in the October 2026 data, up 96%.
Total employees: 6 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Employees performing advisory functions went from 5 to 6.
- Regulatory assets under management went from $270,996,007 to $337,176,397 (+24%).
- Registered or notice-filed in FL.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Evoadvisors (CRD 149615): Form ADV filing data as of October 2026.