DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Evergreen Capital Management LLC
Latest filing Mar 26, 2026
First filing on the tape Mar 28, 2012 · 41 filings
SEC status approved since Dec 1, 1983
RAUM
$7.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
91%
$6.6B individuals and HNW
Advisors
27
registered through the firm on IAPD
RAUM per advisor
$266M
derived; firm RAUM over IAPD count
Employees
37
26 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
8
reported on Schedule D
History
41 filings and snapshots on the tape
RAUM$7.2B as of Mar 26, 2026
Mar 28, 2012$1.0B then
HNW client RAUM$6.2B as of Mar 26, 2026
Mar 30, 2018$1.5B then
State-registered IARs (5.B.3)26 as of Mar 26, 2026
Apr 1, 201314 then
Employees (5.A)37 as of Mar 26, 2026
Apr 1, 201321 then
Private funds8 as of Mar 26, 2026
Mar 31, 20211 then
RAUM +38% over the last fiscal year+23% a year over threeIARs 25 to 26offices 4 to 5
Practice profile
derived from the filing of Mar 26, 2026; every figure names its basis
Archetypes, each a printed rule
- Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
- RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
- RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
- RAUM per advisor
- $266MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 42derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $8.3MderivedHNW RAUM over HNW clients
- Average account
- $2.1MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.4derivedItem 5.A over advisors
- Advisors per office
- 4.5derived6 offices incl. principal (1.F.5)
- RAUM growth, one year
- +38%derivedbetween the last two annual amendments
- Advisor growth, one year
- +4.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +4.9%derived
- Compensation
- percentage of assets, fixed fees, performance-based, otherreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisers, publications, educational seminars, otherreportedItem 5.G
- Financial planning clients
- 850reportedItem 5.H
- Custody
- $2.4B, 795 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- an independent public accountant performs a surprise examination (9.C.1)
- marketing includes testimonials (5.L.1.c)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$6.2B87%
- Corporations and businesses$359M5.0%
- Individuals$322M4.5%
- Pooled investment vehicles$235M3.3%
- Pension and profit-sharing plans$34.2M0.5%
- Individual clients
- 367reported
- HNW clients
- 754reported
- Pension plan clients
- 2reported
- Charitable clients
- n/areported
- Accounts
- 3,404reported
- Financial planning clients
- 850reported
- Wrap fee programs
- noreported
- Custody of client assets
- $2.4B for 795 clientsreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=0.91 fund_share=0.03 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
27 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Michael Jay Wiesmann | Bellevue, Wa | May 11, 2005 | 43 y | 1 |
| Jeffrey Earl Otis | Bellevue, Wa | Jan 1, 2008 | 19 y | 0 |
| Jeffrey Michael EulbergCertified Financial Planner | Bellevue, Wa | Feb 4, 2010 | 20 y | 0 |
| Jeffrey B Dicks | Bellevue, Wa | Jul 6, 2012 | 15 y | 0 |
| Mark Ernest Nicoletti | Bellevue, Wa | Sep 6, 2012 | 20 y | 1 |
| Kaitlenn Elizabeth VercioCertified Financial Planner | Bellevue, Wa | Sep 28, 2015 | 14 y | 2 |
| Quinn Kelly Sterling | Bellevue, Wa | Oct 17, 2016 | 10 y | 1 |
| Sean Jason FigueroaCertified Financial Planner, Chartered Financial Analyst | Bellevue, Wa | Apr 13, 2017 | 31 y | 1 |
| Michelle WatsonChartered Financial Analyst | San Francisco, Ca | May 10, 2017 | 37 y | 4 |
| Christopher Thain Dankworth | San Francisco, Ca | Mar 12, 2018 | 28 y | 1 |
| Thomas Spencer EulbergCertified Financial Planner | Bellevue, Wa | Aug 7, 2018 | 16 y | 0 |
| Heidi Mathews JeromanovsCertified Financial Planner | Lake Oswego, Or | Dec 6, 2018 | 18 y | 2 |
| Victoria Marie FisherCertified Financial Planner | Monroe, Wa | Jul 23, 2019 | 33 y | 4 |
| Tygue Anthony Howland | Lake Oswego, Or | Feb 4, 2020 | 10 y | 0 |
| Ramonita Lopez De La Rosa | San Francisco, Ca | May 20, 2021 | 11 y | 1 |
| Kaeli Creed | Bellevue, Wa | Nov 23, 2021 | 12 y | 0 |
| Sage Noel Swanson | Bellevue, Wa | Dec 12, 2022 | 11 y | 1 |
| Gherman Howell | Bellevue, Wa | May 9, 2023 | 16 y | 0 |
| Kenia Tairy Chavez | Bellevue, Wa | Nov 29, 2023 | 10 y | 1 |
| William Wyatt Hay | Bellevue, Wa | Feb 28, 2024 | 16 y | 0 |
| Megan Margarete RichardsonCertified Financial Planner | Bellevue, Wa | Jul 5, 2024 | 11 y | 4 |
| Joshua Thomas Bilisko | Bellevue, Wa | Oct 17, 2024 | 11 y | 1 |
| Lenora C BrekkeCertified Financial Planner | Bellevue, Wa | Dec 10, 2024 | 10 y | 0 |
| Elizabeth Z. Blasingame | Bellevue, Wa | Aug 15, 2025 | 20 y | 3 |
| Sydney Ford | Bellevue, Wa | Dec 15, 2025 | 12 y | 0 |
| Olivia Kate SellCertified Financial Planner | Bellevue, Wa | Mar 17, 2026 | 10 y | 0 |
| David Scharf | Bellevue, Wa | Apr 9, 2026 | 9 y | 1 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Robert J Dainard to Hara Capital LLCApr 19, 2022 · RIA to RIA
- Joseph Christian Wiser to Cliftonlarsonallen Wealth Advisors, LLCOct 25, 2018 · RIA to affiliated broker-dealer or bank
- Penny Katherine Mandell to Fisher InvestmentsMar 2, 2018 · RIA to RIA
- Vincent Ronald Gimarelli to Ctc Consulting, LLCMay 20, 2011 · Other
Joined, latest
- David Scharf from Madison Investment Advisors, LLCApr 9, 2026 · RIA to RIA
- Elizabeth Z. Blasingame from Strategic Advisers LLCAug 15, 2025 · Affiliated broker-dealer or bank to independent RIA
- Joshua Thomas Bilisko from Kroon & Mitchell Asset Management LLCOct 17, 2024 · RIA to RIA
- Megan Margarete Richardson from Allium Financial Advisors, LLCJul 5, 2024 · RIA to RIA
- Kenia Tairy Chavez from Merrill Lynch, Pierce, Fenner & Smith IncorporatedNov 29, 2023 · Wirehouse to independent RIA
- Sage Noel Swanson from Ten Capital Wealth Advisors, LLCDec 12, 2022 · RIA to RIA
- Ramonita Lopez De La Rosa from B|O|SMay 20, 2021 · RIA to RIA
- Victoria Marie Fisher from Morgan StanleyJul 23, 2019 · Wirehouse to independent RIA
- Heidi Mathews Jeromanovs from Vision Capital Management IncDec 6, 2018 · RIA to RIA
- Christopher Thain Dankworth from Charles Schwab & Co., Inc.Mar 12, 2018 · Affiliated broker-dealer or bank to independent RIA
- Michelle Watson from Arcturus Financial, LLCMay 10, 2017 · Other
- Sean Jason Figueroa from Cibc Private Wealth Advisors, Inc.Apr 13, 2017 · Other
- Quinn Kelly Sterling from Concourse Financial Group AdvisorsOct 17, 2016 · Other
- Kaitlenn Elizabeth Vercio from Trutina FinancialSep 28, 2015 · Other
- Penny Katherine Mandell from RBC Capital Markets, LLCDec 4, 2014 · Other
Private funds
8 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Evergreen Ventures Income Fund, L.P. | Private Equity Fund | $91.5M | 83 | Mar 31, 2022 |
| Evergreen Ventures Opportunity Fund, L.P. | Private Equity Fund | $48.0M | 42 | Jul 11, 2023 |
| Evergreen Ventures Real Estate Fund, L.P. | $39.6M | 79 | Mar 26, 2026 | |
| Evergreen Ventures Technology Fund L.P. | Private Equity Fund | $31.8M | 74 | Jul 30, 2020 |
| Evergreen Ventures Ai Spv II(Qp), L.P. | $13.6M | 69 | Mar 26, 2026 | |
| Evergreen Ventures Smith Tower Spv, L.P. | $7.2M | 28 | Mar 26, 2026 | |
| Evergreen Ventures Ai Spv, L.P. | Private Equity Fund | $2.2M | 9 | Mar 31, 2023 |
| Evergreen Ventures Ai Spv II, L.P. | $988,403 | 8 | Mar 26, 2026 |
Owners and control persons
Schedule A and B, latest filing
- B Jeffrey Dicks · Chief Investment Officercontrolsince 02/2022 · owns less than 5%
- Michael Jeffrey Eulberg · Director Of Wealth Management And Ownercontrolsince 01/2010 · owns 5% to 10%
- Mills David Hay · Co-Chief Investment Officercontrolsince 06/2002 · owns less than 5%
- Bradley Tyler Hay · Member/Chief Executive Officercontrolsince 01/2010 · owns 5% to 10%
- Wyatt William Hay · Chief Compliance Officer/Chief Operating Officercontrolsince 02/2016 · owns less than 5%
- Ernest Mark Nicoletti · Managing Director, Family Officecontrolsince 08/2012 · owns less than 5%
- Earl Jeffrey Otis · Director Of Private Wealth And Ownercontrolsince 01/2023 · owns less than 5%
- Mills David Hay · Membercontrolsince 04/2004 · owns 75% or more of D And M Hay LLC
- Warren Jeffrey Razore · Brand Development Manager /Membersince 08/2010 · owns less than 5%
- S Olesya Sinitsa · Membersince 04/2004 · owns 5% to 10%
- Jay Michael Wiesmann · Customer Relationship Manager/Membersince 03/2007 · owns less than 5%
Entity owners
- D And M Hay LLC · Memberdirect · owns 50% to 75%
- Lenape Inc. · Memberdirect · owns 10% to 25%
Related persons
Schedule D 7.A
- Evergreen Gavekal Gp, LLCpooled vehicle sponsory
- Evergreen Sterling Kuderinsurancey
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Bellevue, Wa · principal | 27 | 3 | 0 | ||
| San Francisco, Ca | 4 | 0 | 0 | ||
| Lake Oswego, Or | 3 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Bellevue, WA8 employees
- San Francisco, CA5 employees
- Lake Oswego, OR2 employees
- Napa, CA1 employees
- , 1 employees
ADV anomalies
4 against comparable advisers; where to look, not conclusions
- wealth RIA private fund surgeCombination · filing Mar 26, 2026a wealth manager (private-client share at least 50 percent) whose private fund count grew by three or more and 50 percent or more. RAUM $5,217,923,207 to $7,185,104,271, advisors 25 to 26, private clients 1069 to 1121, offices 4 to 5 (2025-03-31 to 2026-03-26)peers: independent wealth managers, $5B to $20B (289)
- control person changedChange between filings · filing Mar 26, 2026NICOLETTI, MARK, ERNEST (MANAGING DIRECTOR, FAMILY OFFICE) appeared on Schedule A between the filings of 2023-07-11 and 2026-03-26peers: independent wealth managers, $5B to $20B (289)
- control person changedChange between filings · filing Mar 26, 2026HAY, DAVID, MILLS (CO-CHIEF INVESTMENT OFFICER) left Schedule A between the filings of 2023-07-11 and 2026-03-26peers: independent wealth managers, $5B to $20B (289)
- private fund count surgeChange between filings · filing Mar 26, 2026private funds (Schedule D 7.B.1) moved from 5.0 to 8.0 (+60.0%) between the annual amendments of 2025-03-31 and 2026-03-26; the peer median change was 0.0% (71 comparable advisers, 99.0th percentile of changes)peers: independent wealth managers, $5B to $20B (71) · 99% percentile
What changed
consecutive filings, newest first
- Accounts · 3,147 to 3,404Mar 31, 2025 to Mar 26, 2026
- Charity clients · 1.0 to unsetMar 31, 2025 to Mar 26, 2026
- Corporate clients · 29 to 26Mar 31, 2025 to Mar 26, 2026
- HNW clients · 712 to 754Mar 31, 2025 to Mar 26, 2026
- Individual clients · 357 to 367Mar 31, 2025 to Mar 26, 2026
- Pooled vehicle clients · 5 to 8Mar 31, 2025 to Mar 26, 2026
- Assets in custody · $1.9B to $2.4BMar 31, 2025 to Mar 26, 2026
- Employees · 38 to 37Mar 31, 2025 to Mar 26, 2026
- State-registered IARs · 25 to 26Mar 31, 2025 to Mar 26, 2026
- Other offices · 4 to 5Mar 31, 2025 to Mar 26, 2026
- Private funds · 5 to 8Mar 31, 2025 to Mar 26, 2026
- Discretionary RAUM · $5.1B to $7.2BMar 31, 2025 to Mar 26, 2026
- HNW RAUM · $4.3B to $6.2BMar 31, 2025 to Mar 26, 2026
- Individual RAUM · $222M to $322MMar 31, 2025 to Mar 26, 2026
- Non-discretionary RAUM · $101M to $17.7MMar 31, 2025 to Mar 26, 2026
- Pension RAUM · $29.9M to $34.2MMar 31, 2025 to Mar 26, 2026
- Pooled vehicle RAUM · $172M to $235MMar 31, 2025 to Mar 26, 2026
- RAUM · $5.2B to $7.2BMar 31, 2025 to Mar 26, 2026
- Individual clients · 348 to 357Aug 15, 2024 to Mar 31, 2025
- Accounts · 2,924 to 3,147Aug 15, 2024 to Mar 31, 2025
- Advisory employees · 23 to 26Aug 15, 2024 to Mar 31, 2025
- HNW clients · 686 to 712Aug 15, 2024 to Mar 31, 2025
- Pooled vehicle clients · 4 to 5Aug 15, 2024 to Mar 31, 2025
- Assets in custody · $1.7B to $1.9BAug 15, 2024 to Mar 31, 2025
- Employees · 36 to 38Aug 15, 2024 to Mar 31, 2025
- Financial planning clients · More than 500 to More than 500Aug 15, 2024 to Mar 31, 2025
- State-registered IARs · 23 to 25Aug 15, 2024 to Mar 31, 2025
- Other offices · 5 to 4Aug 15, 2024 to Mar 31, 2025
- Private funds · 4 to 5Aug 15, 2024 to Mar 31, 2025
- Discretionary RAUM · $4.5B to $5.1BAug 15, 2024 to Mar 31, 2025
- HNW RAUM · $3.7B to $4.3BAug 15, 2024 to Mar 31, 2025
- Individual RAUM · $178M to $222MAug 15, 2024 to Mar 31, 2025
- Non-discretionary RAUM · $96.6M to $101MAug 15, 2024 to Mar 31, 2025
- Pension RAUM · $26.4M to $29.9MAug 15, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $150M to $172MAug 15, 2024 to Mar 31, 2025
- RAUM · $4.6B to $5.2BAug 15, 2024 to Mar 31, 2025
- Accounts · 2,659 to 2,924Jul 11, 2023 to Mar 11, 2024
- Advisory employees · 21 to 23Jul 11, 2023 to Mar 11, 2024
- Charity clients · 0 to 1Jul 11, 2023 to Mar 11, 2024
- Corporate clients · 15 to 29Jul 11, 2023 to Mar 11, 2024
Signals
8 dated events
- Evergreen Capital Management Llc reported RAUM $7.2B, up 38% from $5.2B (2025-03-31 to 2026-03-26)Mar 26, 2026 · RAUM change · derived
- Earl Jeffrey Otis (Owner) appeared on Schedule A of Evergreen Capital Management LlcJul 11, 2023 · Control person joined · fact
- B Jeffrey Dicks (Co-Chief Investment Officer) appeared on Schedule A of Evergreen Capital Management LlcMar 31, 2023 · Control person joined · fact
- Robert J Dainard left Evergreen Capital Management Llc for Hara Capital Llc (registered 2022-04-27)Apr 19, 2022 · Advisor changed firm · fact
- Evergreen Capital Management Llc reported RAUM $3.9B, up 32% from $3.0B (2021-11-17 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
- B Jeffrey Dicks (Portolio Manager) no longer on Schedule A of Evergreen Capital Management Llc (listed 2021-11-17, absent 2022-03-31)Mar 31, 2022 · Control person left · inference
- Lusk Kelly Creel (Shareholder) no longer on Schedule A of Evergreen Capital Management Llc (listed 2020-07-30, absent 2021-03-31)Mar 31, 2021 · Control person left · inference
- Evergreen Capital Management Llc reported RAUM $2.3B, up 68% from $1.4B (2017-11-16 to 2018-03-30)Mar 30, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
- Evergreen Capital Management LLC · Independent Sponsorsshared crd · capital_provider
- Evergreen Capital Management LLC · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Business phone
- 415-960-6300reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 425-467-4600reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 503-575-9758reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/EVERGREEN-CAPITAL-MANAGEMENTreportedpublic record, Form ADV, Sep 17, 2026
- Website
- EVERGREENGAVEKAL.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 425-467-4600reportedpublic record, Form ADV, Mar 26, 2026
- Contact form
- evergreengavekal.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- evergreengavekal.com/teamreportedpublished by the firm, firm site, Sep 15, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $266Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026