Lehmann, Livian, Fridson Advisors, Llc
- Regulatory AUM
- $84.2M
- Discretionary
- $80.1M
- Clients
- 53
- Avg AUM / client
- $1.6M
- Accounts
- 108
- Employees
- 2
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Apr 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 51 | $83.6M | 99.3% |
| Corporations and other businesses | 2 | $574K | 0.68% |
People (8)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Michael Moshe Livian | Chief Executive Officer / Cco | CFA | Apr 2010 (16y) | 75% or more of Livian & Co Llc (indirect) |
| Gorjian, Cobby | Managing Member | Sep 2010 (16y) | 25% – 50% of Gorjian Capital Group, Llc (indirect) | |
| Gorjian, Guidaon | Member | Sep 2010 (16y) | 25% – 50% of Gorjian Capital Group, Llc (indirect) | |
| Gorjian, Justin, Joseph | Managing Member | Sep 2010 (16y) | 25% – 50% of Gorjian Capital Group, Llc (indirect) | |
| Gorjian, Myron | Member | Sep 2010 (16y) | 25% – 50% of Gorjian Capital Group, Llc (indirect) | |
| Hakimian, Danny, Pedram | Managing Member | Nov 2010 (16y) | 50% – 75% of Danroy, Llc (indirect) | |
| Hakimian, Roy, Ahron | Managing Member | Nov 2010 (16y) | 50% – 75% of Danroy, Llc (indirect) | |
| Martin Steven Fridson | Managing Member | CFA | Jun 2012 (14y) | ≈ 18.75% – 50% via Fridsonvision Llc |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Livian & Co. | Member | Mar 2014 | A | 75% or more |
| Fridsonvision Llc | Member | Mar 2014 | A | 25% – 50% |
| Gorjian Capital Group, Llc | Member, Class A | Nov 2010 | B | 25% – 50% of Livian & Co, Llc (indirect) |
| Danroy, Llc | Member, Class A | Nov 2010 | B | 25% – 50% of Livian & Co., Llc (indirect) |
Estimated effective ownership (look-through of filed bands):
- Martin Steven Fridson: 75% – 100% of Fridsonvision Llc × 25% – 50% direct ≈ 18.75% – 50% 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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/30/2026 | 1.04 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
Services
- • Portfolio management for individuals/small businesses
- • Other services
Custody
Reported custodians
- Charles Schwab & Co. $42.2M (50% of AUM) Apr 2026
- Fidelity Brokerage Services $40.2M (48% of AUM) Apr 2026
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: Apr 30, 2026.
View current Form ADV (SEC/IAPD) ↗