Lazari Capital Management, Inc.
- Regulatory AUM
- $691M
- Discretionary
- $555M
- Clients
- 968
- Avg AUM / client
- $714K
- Accounts
- 1,599
- Employees
- 14
AUM over time
Annual snapshots from Form ADV filings · as of May 19, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 609 | $135M | 19.5% |
| High net worth individuals | 122 | $367M | 53.1% |
| Pension and profit sharing plans | 220 | $171M | 24.7% |
| Charitable organizations | 2 | $675K | 0.1% |
| Corporations and other businesses | 15 | $17.4M | 2.52% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Q Tech Corporation 401(k) Profit Sharing Plan Q Tech Corporation | 2024 |
People (11)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Michael Lazari Karapetian | President | Aug 2014 (12y) | 75% or more | |
| Melkonian, Hovig | Cco | Sep 2024 (2y) | Less than 5% | |
| Rajiv Shah | Registered representative | May 2018 (8y) | ||
| Richard Wayne Plamondon | Registered representative | Oct 2018 (8y) | ||
| James Richard Koller | Registered representative | Oct 2018 (8y) | ||
| Edward Kelly Levi | Registered representative | Nov 2018 (8y) | ||
| Kirk Shahen Mekerdichian | Registered representative | Jul 2020 (6y) | ||
| Arax Malvina Ryvkin | Registered representative | Mar 2022 (4y) | ||
| Kristina Marie Zimmerman | Registered representative | Feb 2024 (2y) | ||
| Emily Anna Johnson | Registered representative | CFP | May 2024 (2y) | |
| Hagop Jack Karadanaian | Registered representative | Aug 2025 (1y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
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.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Q Tech Corporation 401(k) Profit Sharing Plan | Q Tech Corporation | 184 | $22.7M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/19/2026 | 1.24 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
- • Fixed fees
- • Performance-based fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Pension consulting services
Custody
Reported custodians
- Fidelity Brokerage Services $453M (66% of AUM) May 2026
- John Hancock Retirement Services $68.5M (10% of AUM) May 2026
- Charles Schwab & Co. $61.2M (9% of AUM) May 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have 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: May 19, 2026.
View current Form ADV (SEC/IAPD) ↗