Evart, Young & Hobbs Investment Management

Evart, Young & Hobbs Investment Management, established in 1992, is a registered investment advisor based in Redwood City, CA. President Derek Hobbs leads the firm, offering asset management services on a discretionary basis, including financial planning and advice on non-securities matters like taxation and estate planning. The firm's investment planning process involves an initial consultation, financial analysis, asset allocation modeling, investment selection, portfolio monitoring, and reporting. They manage assets totaling $238.9 million on a discretionary basis and have $97.4 million under advisement in retirement plans. Fees for investment management services are based on a percentage of assets under management, with financial planning services included at no additional charge. The firm primarily uses exchange-traded funds (ETFs) and no-load institutional mutual funds for client portfolios. Evart, Young & Hobbs serves individual clients, trusts, retirement plan sponsors, and business entities, typically requiring a minimum account size of $500,000 for discretionary advisory clients. The firm's investment strategies are rooted in Modern Portfolio Theory, emphasizing globally diversified portfolios using low-cost, tax-efficient funds. Clients receive quarterly performance reports and have investment discretion, allowing the firm to place trades on their behalf. Evart, Young & Hobbs does not receive performance-based fees, and there is no disciplinary information reported for the firm or its advisors.