Evergreen Capital Management Llc
SEC-registered
Wealth Manager · Mid-sized ($1B–$10B)
CRD 104931
· SEC file 801-20248
· Bellevue, WA
· TWITTER.COM
☆ Save with Pro
ADV data as of Mar 26, 2026
- Regulatory AUM
- $7.2B
- Discretionary
- $7.2B
- Clients
- 1,157
- Avg AUM / client
- $6.2M
- Accounts
- 3,404
- Employees
- 37
AUM over time
$1.0B
$7.2B
Dec 2011
Dec 2025
Annual snapshots from Form ADV filings · as of Mar 26, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 367 | $322M | 4.49% |
| High net worth individuals | 754 | $6.2B | 86.8% |
| Pooled investment vehicles (non-investment companies) | 8 | $235M | 3.27% |
| Pension and profit sharing plans | 2 | $34.2M | 0.48% |
| Corporations and other businesses | 26 | $359M | 4.99% |
Private funds (4)
Reported in Form ADV Section 7.B.(1), filing of Aug 2024 · $150M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Evergreen Ventures Income Fund, L.P. | Private Equity Fund | Delaware | $86.6M | 83 |
| Evergreen Ventures Opportunity Fund, L.P. | Private Equity Fund | Delaware | $31.5M | 42 |
| Evergreen Ventures Technology Fund L.P. | Private Equity Fund | Delaware | $29.6M | 74 |
| Evergreen Ventures Ai Spv, L.P. | Private Equity Fund | Delaware | $2.2M | 9 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Charles Drew Health Center, Inc. 401(k) Retirement Plan Charles Drew Health Center, Inc. | 2024 | |
| Cooley Llp Salary Deferral And Profit Sharing Plan Cooley Llp | 2024 |
People (31)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Hay, David, Mills | Co Chief Investment Officer | Jun 2002 (24y) | ≈ 37.5% – 75% via D And M Hay Llc | |
| Sinitsa, Olesya, S | Member | Apr 2004 (22y) | 10% – 25% | |
| Michael Jay Wiesmann | Customer Relationship Manager/Member | May 2005 (21y) | Less than 5% | |
| Jeffrey Earl Otis | Owner | Jan 2008 (19y) | Less than 5% | |
| Hay, Tyler, Bradley | Member/Chief Executive Officer | Jan 2010 (17y) | 5% – 10% | |
| Jeffrey Michael Eulberg | Director Of Wealth Management, Principal/Director Of Compliance | CFP | Jan 2010 (17y) | 10% – 25% |
| Razore, Jeffrey, Warren | Brand Development Manager /Member | Aug 2010 (16y) | Less than 5% | |
| Jeffrey B Dicks | Co Chief Investment Officer | Jul 2012 (14y) | Less than 5% | |
| William Wyatt Hay | Chief Compliance Officer/Chief Operating Officer | Feb 2016 (11y) | Less than 5% | |
| Mark Ernest Nicoletti | Registered representative | Sep 2012 (14y) | ||
| Kaitlenn Elizabeth Vercio | Registered representative | CFP | Sep 2015 (11y) | |
| Quinn Kelly Sterling | Registered representative | Oct 2016 (10y) | ||
| Sean Jason Figueroa | Registered representative | CFP CFA | Apr 2017 (9y) | |
| Michelle Watson | Registered representative | CFA | May 2017 (9y) | |
| Christopher Thain Dankworth | Registered representative | Mar 2018 (8y) | ||
| Thomas Spencer Eulberg | Registered representative | CFP | Aug 2018 (8y) | |
| Heidi Mathews Jeromanovs | Registered representative | CFP | Dec 2018 (8y) | |
| Victoria Marie Fisher | Registered representative | CFP | Jul 2019 (7y) | |
| Tygue Anthony Howland | Registered representative | Feb 2020 (6y) | ||
| Ramonita Lopez De La Rosa | Registered representative | May 2021 (5y) | ||
| Kaeli Creed | Registered representative | Nov 2021 (5y) | ||
| Sage Noel Swanson | Registered representative | Dec 2022 (4y) | ||
| Gherman Howell | Registered representative | May 2023 (3y) | ||
| Kenia Tairy Chavez | Registered representative | Nov 2023 (3y) | ||
| Megan Margarete Richardson | Registered representative | CFP | Jul 2024 (2y) | |
| Joshua Thomas Bilisko | Registered representative | Oct 2024 (2y) | ||
| Lenora C Brekke | Registered representative | Dec 2024 (2y) | ||
| Elizabeth Z. Blasingame | Registered representative | Aug 2025 (1y) | ||
| Sydney Ford | Registered representative | Dec 2025 (1y) | ||
| Olivia Kate Sell | Registered representative | CFP | Mar 2026 (0y) | |
| David Scharf | Registered representative | Apr 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| D And M Hay Llc | Member | Apr 2004 | A | 50% – 75% |
| Lenape Inc. | Member | Mar 2012 | A | 10% – 25% |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Hay, David, Mills: 75% – 100% of D And M Hay Llc × 50% – 75% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (4, $150M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Evergreen Ventures Income Fund, L.P. | Private Equity Fund | $86.6M | $500K | 83 |
| Evergreen Ventures Opportunity Fund, L.P. | Private Equity Fund | $31.5M | $100K | 42 |
| Evergreen Ventures Technology Fund L.P. | Private Equity Fund | $29.6M | $200K | 74 |
| Evergreen Ventures Ai Spv, L.P. | Private Equity Fund | $2.2M | $100K | 9 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (2)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Charles Drew Health Center, Inc. 401(k) Retirement Plan | Charles Drew Health Center, Inc. | 177 | $6.7M | 09/01/2024 |
| Cooley Llp Salary Deferral And Profit Sharing Plan | Cooley Llp | 2,641 | $1.3B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/26/2026 | 2.66 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
- • Other fees
- • NEGOTIATED FEES FOR AD HOC UNSOLICITED INVESTMENT ADVICE
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Selection of other advisers
- • Publication of periodicals or newsletters
- • Educational seminars/workshops
- • Other services
Custody
Reported custodians
- Charles Schwab & Co. $6.9B (96% of AUM) Mar 2026
- Morgan Stanley $226M (17% of AUM) Nov 2017
- Regions Wealth Managment $17.0M (1% of AUM) Nov 2017
- Washington Trust $933K (0% of AUM) Nov 2017
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 26, 2026.
View current Form ADV (SEC/IAPD) ↗