EvoAdvisors is a registered investment advisor based in Richmond, Virginia, formed through a 2016 merger of predecessor firms. The firm provides ongoing financial planning and investment management services tailored to individual clients, families, and business owners. EvoAdvisors designs personalized investment portfolios using exchange-traded funds, no-load mutual funds, and individual securities while considering each client's risk tolerance, goals, and tax situation. In addition to individual wealth management, EvoAdvisors offers qualified retirement plan consulting services for plan sponsors. The firm operates on a fee-only basis, meaning it is compensated solely through client fees and does not accept commissions, product-based referral fees, or hidden sales charges.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.30% |
| $10M+ | 0.20% |
Subject to a minimum quarterly fee of $2,500 and a minimum annual flat fee of $10,000 for new clients. An additional fee of $400 per hour applies for analysis and support for non-managed investment real estate after four hours of applied time.
