# Evolution Investment Management LLC

> Evolution Investment Management LLC is an SEC-registered investment advisory firm in Austin, TX, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 19, 2026.

- CRD: 324108
- Filed as: EVOLUTION INVESTMENT MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Austin, TX
- Filing period: October 2026
- Form ADV filing dated: May 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/324108
- AdvisorCensus page: https://advisorcensus.com/firm/evolution-investment-management-llc-austin-tx-324108

## Quick answers

**How is Evolution Investment Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Evolution Investment Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Evolution Investment Management LLC located?**
Evolution Investment Management LLC's principal office is in Austin, TX, according to its Form ADV.

**Is Evolution Investment Management LLC registered with the SEC or a state?**
Evolution Investment Management LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 324108.

**How much does Evolution Investment Management LLC manage?**
Evolution Investment Management LLC reports $127,504,786 in regulatory assets under management in its Form ADV filing dated May 19, 2026 (100% discretionary).

**How have Evolution Investment Management LLC's assets and staff changed since 2023?**
In the Form ADV data for Evolution Investment Management LLC: Regulatory assets under management: $147,683,396 in the October 2023 data and $127,504,786 in the October 2026 data, down 14%. Total employees: 3 in October 2023 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Evolution Investment Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6).

**Does Evolution Investment Management LLC 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/324108

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $127,504,786
- Discretionary: $127,504,786
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $127,504,786 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2022 (3 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- evolutionim.com
- LinkedIn @evolution-investment-management-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $147,683,396 | 3 | June 27, 2023 |
| October 2024 | $118,049,467 | 3 | March 27, 2024 |
| October 2025 | $119,098,897 | 4 | March 31, 2025 |
| October 2026 | $127,504,786 | 4 | May 19, 2026 |

Regulatory assets under management: $147,683,396 in the October 2023 data and $127,504,786 in the October 2026 data, down 14%.
Total employees: 3 in October 2023 and 4 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Evolution Investment Management LLC (CRD 324108): Form ADV filing data as of October 2026.