Evart, Young & Hobbs Investment Management

Evart, Young & Hobbs Investment Management

EYH was founded in 1992 and registered with the SEC as a Registered Investment Adviser. Derek Hobbs, who joined the firm after starting his career at John Hancock Financial Services in 1987, became a partner in 2002 and now serves as president, overseeing investment research and strategy. The firm is equally owned and operated by a tight-knit group that includes Carlos Perez — an equity-market analyst since 1990 and Harvard MBA — and Rosalee Young, who has been with the practice since 1989 and was president in 1998. The firm describes its founding motivation as personal: the principals saw peers avoiding planning because they distrusted the stock market, and they built a practice around patient education and long-term investing to change that perception. The practice runs two main book-of-business lines: wealth management for individuals, families, and trusts, and investment-consulting services for corporate 401(k) plans — a segment the firm has advised since 1986, before even formalizing the RIA. On the wealth side, EYH constructs portfolios through a disciplined, research-driven process and custodians assets at Charles Schwab. The retirement-plan arm acts as a co-fiduciary to plan sponsors. The firm does not disclose specific asset-class weightings, but its marketing emphasizes stock-market participation, risk minimization through diversification, and multi-decade holding periods. No named portfolio companies or direct-real-estate holdings are disclosed publicly. The firm operates as a compact four-person team — two financial advisors (Hobbs and Perez) and two administrators (Rosalee Young and Amy Hobbs). Amy Hobbs returned to the business after raising three children and now handles client administration and website maintenance. EYH has no additional offices. Its $500,000 account minimum is disclosed, though the firm states it makes exceptions. The most recently confirmed operational data point: as of December 31, 2025, the firm reported $269.9 million in wealth-advised AUM and over $110.1 million in retirement-plan assets for which it provides counsel. What separates EYH from the thousands of small RIAs in the Bay Area is its structure as a fiduciary-only shop with an unusually long track record in retirement-plan consulting — a line of business it has run since 1986, predating the RIA's 1992 founding. The firm’s web presence is deliberately low-gloss, with a contact page that provides highway exit directions rather than a thought-leadership library. Its governance and succession are undocumented in public filings, but the multi-decade tenure of its four named operators suggests a lifestyle practice built around a small, enduring client base rather than a high-growth acquisition platform.