Evart Leo H Inc (Redwood City)

Name: Evart Leo H Inc
Address: 3 Lagoon Drive, Redwood City, CA, 94065
Telephone: 650-802-0342

Evart Leo H Inc is a large advisory firm based in Redwood City. It manages $215.7 million of regulatory assets for 300 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California and Texas.

Evart Leo H provides portfolio management for individuals and small businesses and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Evart Leo H: assets under management

The assets under management (AUM) of Evart Leo H Inc is $215.7 million. The firm's AUM has grown by 208% since the beginning of its operation, and $2.15 million of the total AUM is attributable to clients outside of the United States.

The firm manages $157.42 million in discretionary accounts and $58.28 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $528.24 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $29.14 million.

Investments

The firm invests in other assets the most. They account for 73% of the total AUM. The second-largest asset type is exchange traded securities, which make up 18% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Evart Leo H Inc for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Evart Leo H serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Evart Leo H is individuals with 257 clients and $78.23 million of assets under management. Among the 10 most similar advisory firms, Evart Leo H has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $157.42 million for 298 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Evart Leo H doesn't advise any private funds.

Careers at Evart Leo H Inc

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Rosalee Stablein Young	Cco	1 Jan 1998	75% - 100%	4388968
Derek Michael Hobbs	Secretary	1 Jan 2001	Other	1619759

Based in Redwood City

The principal office where Evart Leo H Inc performs its advisory services is located at 3 Lagoon Drive, Redwood City, CA 94065, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 650-802-0342 or by fax 650-745-0659. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at eyhadvisors.com.