PH
Peter F. Hughes
EVOLVE INVESTING LLC
Sandy, UT
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CRD#: 4887882
PH
Professional summary
Peter Fergus Hughes is a registered financial advisor currently at EVOLVE INVESTING LLC located in Sandy, Utah and FORREST FINANCIAL PARTNERS LLC located in Cottonwood Heights, Utah.
Peter is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2005. Peter has worked at 5 firms and has passed the Series 63, Series 87 and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
None
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
1.) Peter Hughes is the sole owner of Peter Hughes Consulting, a separate and unaffiliated entity. This activity accounts for approximately 10% of his time during trading hours. As a Consultant, Mr. Hughes helps value companies, helps implement business improvement processes, and advises business owners with respect to bringing their company to market and negotiating the appropriate price. This creates a conflict of interest because Mr. Hughes has an incentive to refer clients between Peter Hughes Consulting and EI, although neither party receives compensation for client referrals. To mitigate the existence of this conflict, as a fiduciary Mr. Hughes has a duty to act solely in the best interests of each client and will only recommend services appropriate to the client's circumstances. Clients are under no obligation to act upon the recommendations. In addition, clients utilizing services of both entities will engage and remit payment to each business separately. 2.) Peter Hughes is the sole owner of Peter Hughes Coaching, a separate and unaffiliated entity. This activity accounts for approximately less than 5% of his time during trading hours. As a Performance & Life Coach, Mr. Hughes helps people identify areas where they feel stuck, out of alignment, or unfulfilled, and together they work on those areas to break through limiting beliefs, restore balance, and achieve meaningful goals with specific, measurable outcomes. Areas of focus include alleviating burnout, navigating transitions, and strengthening relationships. This creates a conflict of interest because Mr. Hughes has an incentive to refer clients between Peter Hughes Performance Coaching and EI, although neither party receives compensation for client referrals. To mitigate the existence of this conflict, as a fiduciary Mr. Hughes has a duty to act solely in the best interests of each client and will only recommend services appropriate to the client's circumstances. Clients are under no obligation to act upon the recommendations. In addition, clients utilizing services of both entities will engage and remit payment to each business separately. 3.) Peter Hughes is also a 50% owner of Talon Real Estate LLC a separate and unaffiliated entity. This activity accounts for less than 5% of his time during trading hours. As a managing member of Talon Real Estate LLC, Mr. Hughes collects rental income from an owned property. 4.) Forrest Financial Partners LLC; Investment Related; Avon, CT; RIA; Senior Advisor; Start Date: 10/2024; Approx. 42 hours/month devoted to this business with all hours during trading hours; Provide investment advisory services 4.) Evolve Investing LLC; Investment Related; Topanga, UT; RIA; Principal/CCO; Start Date: 04/2020; Approx. 98 hours/month devoted to this business with all hours during trading hours; Provide investment advisory services
CRS (Client Relationship Summary) - RIA
Click below to view Peter Fergus Hughes's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
NoneExperience
Current
July 21, 2020 - Present
EVOLVE INVESTING LLC
RIA
CRD#: 309587
Sandy, UT
Current
October 17, 2024 - Present
FORREST FINANCIAL PARTNERS LLC
RIA
CRD#: 325055
Cottonwood Heights, UT
Past
August 13, 2008 - September 26, 2012
CITIGROUP GLOBAL MARKETS INC.
BD
CRD#: 7059
NEW YORK, NY
Past
April 25, 2005 - November 23, 2007
CREDIT SUISSE SECURITIES (USA) LLC
BD
CRD#: 816
NEW YORK, NY
Past
January 4, 2005 - April 19, 2005
THOMAS WEISEL PARTNERS LLC
BD
CRD#: 46237
SAN FRANCISCO, CA
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.Highlighted states indicate IAR registrations
IAR
California(7/21/2020)
IAR
Connecticut(10/17/2024)
IAR
New York(4/9/2021)
IAR
Texas(3/29/2021)
IAR
Utah(7/5/2022)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Current Firm
EI
EVOLVE INVESTING LLC
EVOLVE INVESTING LLC
CRD#: 309587 / SEC#:
California
Registered Investment Advisory firm - (7/21/2020 Approved)New York
Registered Investment Advisory firm - (4/9/2021 Approved)Texas
Registered Investment Advisory firm - (3/26/2021 Conditional Restricted)Utah
Registered Investment Advisory firm - (6/30/2022 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
Sandy, UT
Mailing Address
Phone number
(917) 617-9101
Established
Firm type
Fiscal year end
# of Employees
2
Regulatory assets under management
| Total Number of Accounts | 115 |
| AUM (Assets Under Management) | $ 31,321,833 |
Red Flags
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