Fintech entrepreneur Bill Harris has announced the launch of Evergreen Wealth, a digital Registered Investment Advisor (RIA) designed to provide tax-aware investment management and AI-powered financial advice to affluent and high-net-worth clients.
Harris, previously CEO of PayPal and Intuit, and founding CEO of Personal Capital—a wealth management firm he grew to $23 billion in assets—stated, “We combine human expertise with AI analytics to create a new model for financial advice. It’s the best of both worlds – experienced advisors plus advanced technology.”
Evergreen Wealth introduces Dynamic Portfolios, which aim to maximize clients’ net returns after taxes. Unlike traditional ETFs and mutual funds, these portfolios consist of hundreds of individual securities that can be hyper-personalized to client goals and tax-optimized across their entire holdings. The firm employs various tax strategies, including direct indexing, to offset, reduce, defer, or in some cases, eliminate investment taxes. For high-income taxpayers, particularly in high-tax states, this approach to tax efficiency can significantly impact overall returns.
The firm’s advisors operate as fiduciaries and utilize Evergreen Intelligence, a proprietary AI advice engine and financial knowledge base, to deliver personalized advice. Evergreen Intelligence’s insights are also accessible to clients directly through desktop and mobile applications. Client financial information is maintained in a private data vault, ensuring it is not exposed to open-internet AI models.
Evergreen Wealth provides clients with a dedicated, licensed advisor, available via email, chat, phone, or video conference. The firm employs risk management principles derived from Nobel laureates to achieve diversification and enhance risk-adjusted returns. Clients receive 24/7 access to their Evergreen Wealth portfolio and external assets through desktop and mobile apps, offering proactive insights and immediate answers. Biometric security and continuously monitored, audited security procedures safeguard client data.
The U.
S. wealth management market, valued at over $144.6 trillion and projected to see $124 trillion transfer between generations by 2048, is described by Harris as ready for change. “Younger, affluent investors want more than traditional products and quarterly meetings – more than half don’t want their parents’ advisors,” Harris noted. “They demand sophisticated tax and investment services, available on their schedule. We built Evergreen Wealth for this generation of investors.”
Evergreen Wealth is registered with the Securities and Exchange Commission (SEC). Harris, author of the Investment Tax Guide: How to Slash Your Taxes, leads a team of over 50 professionals. Headquartered in Miami, the company also has offices in Dallas, Plano (for sales), and Raleigh, NC.
Andrew Leneve, Head of Sales for Evergreen Wealth, who brings over 15 years of experience from Fisher Investments, leads the sales team in Plano. He stated, “We’re proud to bring our next-generation wealth platform to the Dallas metroplex, where ambition meets opportunity, and high-income professionals deserve a smarter, more personalized approach to growing their wealth.” Evergreen Wealth plans to hire an additional 20 to 40 individuals in the Dallas-Fort Worth area within the next two to three years.
