Evolution Wealth Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Evolution Wealth Management reports 294 clients. They include 257 individual clients and 37 high-net-worth individuals. Of its assets, 100.0% ($172M across 721 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $172M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 87% | 53% |
| High-net-worth individuals | 13% | 47% |
| Pension and profit-sharing plans | 0% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 257 | $91.4M | 53.2% | $356K |
| High-net-worth individuals | 37 | $80.1M | 46.7% | $2.17M |
| Pension and profit-sharing plans | Fewer than 5 | $180K | 0.1% | — |
| Total | 294 | $172M | 100% | — |
- Clients
- 257
- Regulatory AUM
- $91.4M
- AUM share
- 53.2%
- Avg. per client
- $356K
- Clients
- 37
- Regulatory AUM
- $80.1M
- AUM share
- 46.7%
- Avg. per client
- $2.17M
- Clients
- Fewer than 5
- Regulatory AUM
- $180K
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 294
- Regulatory AUM
- $172M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Evolution Wealth Management charges up to 2.00% a year for its Discretionary Asset Management Services (Wrap Fee Program). The fee is billed in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Stand-Alone Financial Planning (Fixed Fee)
- Stand-alone financial planning and consulting on a fixed fee typically ranges from $2,500 to $20,000 and is negotiable; complex needs may pay more.
- Stand-Alone Financial Planning (Hourly)
- Stand-alone financial planning billed hourly typically will not exceed $350 per hour, with a minimum of two hours per engagement.
Adam Bruno owns 50% to 75% of Evolution Wealth Management. It has 7 employees, 4 of them in advisory roles.
Staff
- 7 employees
- 4 in advisory functions
- 4 state-registered reps
- 6 insurance agents
- Owns 50% to 75% of Evolution Wealth Management Inc.
Adam Bruno
Control person · since January 2020
- Owns 50% to 75% of Evolution Wealth Management Inc.
Kurt Traulsen
Control person · since November 2020
Evolution Wealth Management’s regulatory assets grew from $134M (March 2025) to $172M (March 2026); clients rose from 189 to 294 and employees from 5 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $172M | 294 | 7 | 4 |
| Mar 2025March 2025 | $134M | 189 | 5 | 1 |
Besides its headquarters, Evolution Wealth Management has 3 offices, with 4 listed addresses in 1 state.
Florida · 4 listed addresses
- 12487 Brantley Commons Court, Fort MyersHQ
- 999 Vanderbilt Beach RD, Naples
- 606 Bald Eagle DR., Marco Island
- 315 E Olympia Ave, Punta Gorda
Other business names
Evolution Wealth Management has reported 1 other business name to the SEC.
- Andersen Wealth, LLC
Contact and registration details
- Legal name
- Evolution Wealth Management Inc.
- Headquarters
- 12487 Brantley Commons Court, Fort Myers, FL 33907
- Phone
- 239-771-8696
- @36016067
- SEC file
- 801-131761
- Structure
- Florida corporation
- Fiscal year end
- December
Evolution Wealth Management’s named custodian for separately managed accounts is Charles Schwab ($172M). Evolution Wealth Management has custody of $70.1M for 219 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $172M100%
At year end, Evolution Wealth Management’s separately managed accounts were mostly in funds (70%) and stocks (16%). Its reported 13F holdings for the quarter ended 30 June 2026 total $170M across 935 positions; the largest are SPDR Series Trust (6.9%), Innovator ETFS Trust (5.0%) and Pacer Fds TR (4.7%).
What the accounts hold
- Stocks16%
- Funds70%
- Bonds6%
- Investment grade corporate bonds4%
- U.S. government and agency bonds1%
- State and local bonds1%
- Cash8%
How many clients does Evolution Wealth Management have?
Evolution Wealth Management has 294 clients and manages $172 million for them, as of March 2026. They include 257 individual clients and 37 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 11 March 2026
What services does Evolution Wealth Management offer?
Evolution Wealth Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Evolution Wealth Management charge?
Evolution Wealth Management charges up to 2.00% a year for its Discretionary Asset Management Services (Wrap Fee Program). The fee is billed in arrears and is negotiable.
Which custodians does Evolution Wealth Management use?
Evolution Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $172M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 11 March 2026
How many financial advisors does Evolution Wealth Management have?
Evolution Wealth Management has 4 investment adviser representatives registered with state securities authorities, out of 7 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 6 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 Evolution Wealth Management invest in?
At the end of its last fiscal year, Evolution Wealth Management’s separately managed accounts held 70% registered funds (mutual funds, ETFs, BDCs), 16% exchange-traded equities, 8% cash and equivalents, 4% investment grade corporate bonds, 1% U.S. government and agency bonds and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Evolution Wealth Management?
Evolution Wealth Management’s direct owners are Adam Bruno (50% to 75%) and Kurt Traulsen (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 11 March 2026
How does Evolution Wealth Management get paid?
Evolution Wealth Management 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 Evolution Wealth Management?
Evolution Wealth Management’s main office is at 12487 Brantley Commons Court, Fort Myers, FL 33907. Its phone number is 239-771-8696. Its website is evolutionretirementservices.com.
