Evans Investment Advisors provides financial planning, portfolio management for individuals and small businesses, selecting other managers, education planning, estate planning, insurance, and tax planning.
Evans Investment Advisors reports 508 clients. They include 281 high-net-worth individuals, 180 individual clients, and 42 corporations and other businesses. Of its assets, 97.9% ($382M across 790 accounts) are managed with discretion; $8.36M across 10 accounts are not. It advised 508 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 35% | 9% |
| High-net-worth individuals | 55% | 82% |
| Pension and profit-sharing plans | <1% | 1% |
| Charitable organizations | <1% | 3% |
| Corporations and other businesses | 8% | 5% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 180 | $34.1M | 8.7% | $189K |
| High-net-worth individuals | 281 | $321M | 82.2% | $1.14M |
| Pension and profit-sharing plans | Fewer than 5 | $4.23M | 1.1% | $2.11M |
| Charitable organizations | Fewer than 5 | $9.97M | 2.6% | $3.32M |
| Corporations and other businesses | 42 | $21.4M | 5.5% | $509K |
| Total | 508 | $391M | 100% | — |
- Clients
- 180
- Regulatory AUM
- $34.1M
- AUM share
- 8.7%
- Avg. per client
- $189K
- Clients
- 281
- Regulatory AUM
- $321M
- AUM share
- 82.2%
- Avg. per client
- $1.14M
- Clients
- Fewer than 5
- Regulatory AUM
- $4.23M
- AUM share
- 1.1%
- Avg. per client
- $2.11M
- Clients
- Fewer than 5
- Regulatory AUM
- $9.97M
- AUM share
- 2.6%
- Avg. per client
- $3.32M
- Clients
- 42
- Regulatory AUM
- $21.4M
- AUM share
- 5.5%
- Avg. per client
- $509K
Total
- Clients
- 508
- Regulatory AUM
- $391M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 508
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Evans Investment Advisors charges 0.45%–1.25% a year for its Investment advisory fees. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$250K | 1.25% |
| $250K–$1M | 1.00% |
| $1M–$2M | 0.80% |
| $2M–$3M | 0.60% |
| $3M–$5M | 0.50% |
| $5M and above | 0.45% |
Fee details and sources
Other fees
- Financial planning and consulting
- Financial planning and consulting is $250.00 an hour or a flat fee generally from $500 to $5,000, negotiable; an initial retainer is paid in advance.
Gregory Evans owns 75% or more of Evans Investment Advisors. It has 5 employees.
Staff
- 5 employees
- 5 in advisory functions
- 3 state-registered reps
- 5 broker-dealer reps
- 2 insurance agents
- Owns 75% or more of Evans Investment Advisors, L.L.C.
Gregory Evans
Control person · since March 2008
- Owns 10% to 25% of Evans Investment Advisors, L.L.C.
Barton Evans
Control person · since January 2011
Evans Investment Advisors’ regulatory assets grew 1.9× from $209M (March 2021) to $391M (March 2026); clients rose from 432 to 508 and employees from 3 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $391M | 508 | 5 | 1 |
| Mar 2025March 2025 | $326M | 488 | 4 | 1 |
| Mar 2024March 2024 | $290M | 462 | 4 | 1 |
| Mar 2023March 2023 | $240M | 434 | 4 | 1 |
| Mar 2022March 2022 | $241M | 433 | 3 | 1 |
| Mar 2021March 2021 | $209M | 432 | 3 | 1 |
Besides its headquarters, Evans Investment Advisors has 0 offices, with 1 listed address in 1 state.
Louisiana · 1 listed address
- 6713 Perkins Road, Baton RougeHQ
Contact and registration details
- Legal name
- Evans Investment Advisors, L.L.C.
- Headquarters
- 6713 Perkins Road, Baton Rouge, LA 70808
- Website
- evansinvestmentadvisors.com
- Phone
- 225-761-7870
- SEC file
- 801-69405
- Founded
- 2008
- Structure
- Louisiana LLC
- Fiscal year end
- December
Evans Investment Advisors’ named custodian for separately managed accounts is Charles Schwab ($241M). Evans Investment Advisors does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Orlando, FL · $241M100%
At year end, Evans Investment Advisors’ separately managed accounts were mostly in stocks (92%).
What the accounts hold
- Stocks92%
- Exchange-traded equities84%
- Non-exchange-traded equities8%
- Funds5%
- Bonds2%
- Cash1%
How many clients does Evans Investment Advisors have?
Evans Investment Advisors has 508 clients and manages $391 million for them, as of March 2026. They include 281 high-net-worth individuals, 180 individual clients, and 42 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does Evans Investment Advisors offer?
Evans Investment Advisors provides financial planning, portfolio management for individuals and small businesses, selecting other managers, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Evans Investment Advisors charge?
Evans Investment Advisors charges 0.45%–1.25% a year for its Investment advisory fees. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
Source: ADV PART 2, filed 26 March 2026
Which custodians does Evans Investment Advisors use?
Evans Investment Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Orlando, FL), with $241M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does Evans Investment Advisors have?
Evans Investment Advisors has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 5 perform investment advisory functions. 5 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Evans Investment Advisors invest in?
At the end of its last fiscal year, Evans Investment Advisors’ separately managed accounts held 84% exchange-traded equities, 8% non-exchange-traded equities, 5% registered funds (mutual funds, ETFs, BDCs), 2% state and local bonds and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Evans Investment Advisors?
Evans Investment Advisors’ direct owners are Gregory Evans (75% or more) and Barton Evans (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does Evans Investment Advisors get paid?
Evans Investment Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Evans Investment Advisors?
Evans Investment Advisors’ main office is at 6713 Perkins Road, Baton Rouge, LA 70808. Its phone number is 225-761-7870. Its website is evansinvestmentadvisors.com.