R.L. Evans Co. Inc. (Bellevue)

Name: R.L. Evans Co. Inc.
Address: 3535 Factoria Blvd Se, Bellevue, WA, 98006
Telephone: 425-455-0501

R.L. Evans Co. Inc. is a large advisory firm based in Bellevue. It manages $147 million of regulatory assets for 516 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Texas and Washington.

R.L. Evans provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

R.L. Evans: assets under management

The assets under management (AUM) of R.L. Evans Co. Inc. is $147 million. The firm's AUM has grown by 32% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $108 million in discretionary accounts and $39 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $288.77 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $274.65 thousand.

R.L. Evans has custody of $26.23 million in cash and securities for 73 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 63% of the total AUM. The second-largest asset type is exchange traded securities, which make up 30% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay R.L. Evans Co. Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Douglas Lloyd Evans serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Douglas Lloyd Evans is high net worth individuals with 53 clients and $99 million of assets under management. Among the 11 most similar advisory firms, R.L. Evans has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $147 million for 201 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

R.L. Evans doesn't advise any private funds.

Careers at R.L. Evans Co. Inc.

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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.

Douglas Lloyd Evans has been acting as President since 1 Jan 1996. Evans Financial Services Llc joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Douglas Lloyd Evans	President	1 Jan 1996	Other	4389584
Richard Lloyd Evans	Chairman, chief investment strategist	1 Jan 1996	Other	203061
Dallas John Evans	Vice-president, managing executive, managing principal, chief investment strategist, chief compliance officer	1 Feb 1999	Other	1250175
Evans Financial Services Llc	Owner	1 Apr 2016	75% - 100%	26-2499649

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Dallas John Evans	Owner	1 Jan 1996	25% - 50%	1250175
Marjorie Harwood	Owner	1 Jan 1996	25% - 50%	7160959
Rebecca Kaczor	Owner	1 Jan 1996	25% - 50%	7161067

Based in Bellevue

The principal office where R.L. Evans Co. Inc. performs its advisory services is located at 3535 Factoria Blvd Se, Bellevue, WA 98006, 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 425-455-0501 or by fax 425-467-5264. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at rlevansco.com.