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New $3.5 Billion San Francisco-Based RIA Is Launched

Editorial Staff

16 June 2026

A team of former UBS managers, who oversaw about $3.5 billion of client money, have launched Beacon Coast Partners, an RIA based in San Francisco.

The business – led by founding managing partners Michael Evans and David Jasper – specializes in founders, executives, and early employees whose wealth is tied to a single company and who are preparing for or have recently completed a liquidity event.

“You can spend years building something without liquidity, without certainty, and then everything changes at once,” Evans said. “That transition introduces a new set of decisions, and those decisions often carry long-term consequences. Our work is built around helping clients navigate that moment with clarity and structure.”

The team at Beacon Coast begins working with clients before liquidity, when planning decisions can have the greatest impact. The firm’s approach integrates asset allocation, cash flow modeling, and tax and estate planning into a long-term framework designed to evolve as circumstances change, it said in a statement about its business model.