Wealth manager, independent · LOS Angeles, CA
Evolve Private Wealth, LLC
SEC-registered investment adviser · CRD 333932 · SEC 801-131749
At a glance
Evolve Private Wealth, LLC is an SEC-registered investment adviser based in LOS Angeles, California, with $2.1B in regulatory assets under management as of its Form ADV filed June 16, 2026. It reports 679 individual clients, 184 of them high-net-worth, holding an average of about $3.2 million each, and 17 employees. That ranks it 516th among the nation’s 5,657 independent wealth management RIAs and 63rd of 714 in California. It reports Fidelity as the custodian for its clients’ separately managed accounts.
Main office 424-500-4601evolvepw.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.1B
- Rank among independent wealth managers
- #516 of 5,657
- Rank among all SEC RIAs
- #3,481 of 17,210
- Rank in California
- #63 of 714
- Individual clients
- 679
- High-net-worth clients
- 184
- Accounts
- 3,940
- Discretionary
- 100% of AUM
- Employees
- 17
- Advisory staff
- 10
- Offices
- 2
Owners and executives on its Form ADV
- Razmig K. Der-TavitianChief Investment Officer, Managing Partner
- Glen D. StraussFounder & Managing Partner
- Jonathan A. LewisFounder & Managing Partner
- Adam L. WeinstockManaging Partner
- Edward J KahnFounder & Managing Partner
- Hank J. KrakoverPartner & Portfolio Manager
- Jorawer S. ParmarChief Operating Officer, Chief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Evolve Private Wealth, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 184 | $1.8B | 82% |
| Individuals | 495 | $381M | 18% |
Disciplinary disclosures
Evolve Private Wealth, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗evolvepw.com ↗
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The full record on Evolve Private Wealth, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 1 years of filings
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- Growth over one, three and five years
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- Rank against 1,844 peers of its type and size
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- Owners and executives, with titles and stakes
- 7 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in California
All of California →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Willow Creek Wealth Management, Inc.Sebastopol | $2.3B | 1,029 |
| California Financial AdvisorsSAN Ramon | $2.3B | 1,517 |
| Oakmont CorporationLOS Angeles | $2.2B | 63 |
| Financial Management Network IncMission Viejo | $2.1B | 1,379 |
| Van Hulzen Financial AdvisorsEL Dorado Hills | $2.1B | 1,389 |
| Coastedge Partners, LLCSAN Diego | $2.1B | 131 |
Background
Questions
How much does Evolve Private Wealth, LLC manage?
Evolve Private Wealth, LLC reports $2.1B in regulatory assets under management across 3,940 accounts, 100% of it on a discretionary basis, on its Form ADV filed June 16, 2026.
How many clients does Evolve Private Wealth, LLC have?
It reports 679 individual clients: 184 high-net-worth individuals and 495 other individuals. Individuals account for about 100% of its regulatory assets.
Where is Evolve Private Wealth, LLC headquartered?
Its main office is in LOS Angeles, California. It reports 2 offices in total and 17 employees, 10 of whom perform investment advisory functions.
How does Evolve Private Wealth, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; performance-based fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Evolve Private Wealth, LLC use?
It reports Fidelity as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed June 16, 2026, it reports these amounts held: Fidelity ($2.1B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Evolve Private Wealth, LLC a hybrid RIA with a broker-dealer?
Evolve Private Wealth, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Evolve Private Wealth, LLC a fiduciary?
As an SEC-registered investment adviser, Evolve Private Wealth, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Evolve Private Wealth, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-06-16), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →