Livian & Co. provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and portfolio management for institutions. The firm advises 3 private funds.
Livian & Co. reports 70 clients. They include 47 high-net-worth individuals, 20 corporations and other businesses, and 3 pooled investment vehicles. Of its assets, 83.6% ($128M across 120 accounts) are managed with discretion; $25.1M across 11 accounts are not. Of its clients, 21% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 67% | 67% |
| Pooled investment vehicles | 4% | 3% |
| Corporations and other businesses | 29% | 30% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 47 | $102M | 67.0% | $2.18M |
| Pooled investment vehicles | 3 | $4.95M | 3.2% | $1.65M |
| Corporations and other businesses | 20 | $45.5M | 29.8% | $2.28M |
| Total | 70 | $153M | 100% | $2.18M |
- Clients
- 47
- Regulatory AUM
- $102M
- AUM share
- 67.0%
- Avg. per client
- $2.18M
- Clients
- 3
- Regulatory AUM
- $4.95M
- AUM share
- 3.2%
- Avg. per client
- $1.65M
- Clients
- 20
- Regulatory AUM
- $45.5M
- AUM share
- 29.8%
- Avg. per client
- $2.28M
Total
- Clients
- 70
- Regulatory AUM
- $153M
- AUM share
- 100%
- Avg. per client
- $2.18M
- Clients outside the U.S.
- 21%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 3
- Financial planning clients last fiscal year
- 0
Livian & Co. is paid through a percentage of assets under management and performance-based fees. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Consulting Services
- Consulting services are charged an annual fee of 1% of advised assets.
Michael Livian owns 75% or more of Livian & Co.. Michael Livian is CEO. It has 5 employees, 3 of them in advisory roles.
Leadership
Michael LivianChief Executive Officer, Chief Compliance Officer, Class B- Alberto KamkhajiMember, Class A
- Michael LivianManaging Member, Class A
- Edmond SafdieMember, Class A
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 5 employees
- 3 in advisory functions
- 2 state-registered reps
- 1 soliciting firm
- Owns 75% or more of Livian & Co., LLC
Michael Livian
Control person · since April 2010
- Owns 25% to 50% of Livian & Co., LLC
Gorjian Capital Group, LLC
since November 2010
- Owns 25% to 50% of Gorjian Capital Group, LLC
Justin Gorjian
Control person · since September 2010
- Owns 25% to 50% of Gorjian Capital Group, LLC
Cobby Gorjian
Control person · since September 2010
- Owns 25% to 50% of Gorjian Capital Group, LLC
Myron Gorjian
Control person · since September 2010
- Owns 25% to 50% of Livian & Co., LLC
Danroy, LLC
since November 2010
- Owns 50% to 75% of Danroy, LLC
Danny Hakimian
Control person · since November 2010
- Owns 50% to 75% of Danroy, LLC
Roy Hakimian
Control person · since November 2010
- Owns 25% to 50% of Livian & Co., LLC
Guidaon Gorjian
Control person · since September 2010
- Owns 10% to 25% of Livian & Co., LLC
GRS Children, LLC
since November 2010
- Owns 25% to 50% of GRS Children, LLC
David Safdie
Control person · since November 2008
- Owns 25% to 50% of GRS Children, LLC
Raquel Safdie
Control person · since November 2008
- Owns 25% to 50% of GRS Children, LLC
Ruth Safdie
Control person · since November 2008
Gabriel Safdie
Managing member · Control person · since November 2008
- Owns 5% to 10% of Livian & Co., LLC
Alberto Kamkhaji
since November 2010
- Owns 5% to 10% of Livian & Co., LLC
Edmond Safdie
since August 2014
Livian & Co.’s regulatory assets grew from $106M (March 2021) to $153M (April 2026); clients rose from 51 to 70 and employees were 5 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $153M | 70 | 5 | 1 |
| May 2025 | $144M | 69 | 5 | 1 |
| May 2024 | $124M | 67 | 5 | 1 |
| March 2023 | $112M | 67 | 5 | 1 |
| March 2022 | $138M | 61 | 5 | 1 |
| March 2021 | $106M | 51 | 5 | 1 |
Besides its headquarters, Livian & Co. has 0 offices, with 1 listed address in New York.
New York · 1 listed address
- 450 7th Avenue, Suite 801, New YorkHQ
Contact and registration details
- Legal name
- Livian & Co., LLC
- Headquarters
- 450 7th Avenue, Suite 801, New York, NY 10123
- Website
- livianco.com
- Phone
- 212-319-8900
- SEC file
- 801-71406
- Structure
- New York LLC
- Fiscal year end
- December
Livian & Co. uses Fidelity ($142M) as custodian for its separately managed accounts. Livian & Co. has custody of $20.6M in client assets for 12 clients.
- FidelityFidelity Brokerage Services LLC · Providence, RI · $142M100%
At year end, Livian & Co.’s separately managed accounts were largely in funds (46%) and stocks (37%).
What the accounts hold
- Stocks37%
- Funds46%
- Bonds9%
- Cash7%
Filed values cover 99%. The neutral 1% gap has no reported category.
How many clients does Livian & Co. have?
Livian & Co. has 70 clients and manages $153 million for them, as of April 2026. They include 47 high-net-worth individuals, 20 corporations and other businesses, and 3 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 April 2026
What services does Livian & Co. offer?
Livian & Co. provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Livian & Co. use?
Livian & Co.’s separately managed account assets are held at Fidelity Brokerage Services LLC (Providence, RI), with $142M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 April 2026
How many financial advisors does Livian & Co. have?
Livian & Co. has 2 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Livian & Co. invest in?
At the end of its last fiscal year, Livian & Co.’s separately managed accounts held 46% registered funds (mutual funds, ETFs, BDCs), 37% exchange-traded equities, 9% U.S. government and agency bonds and 7% cash and equivalents. It advises 3 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Livian & Co.?
Livian & Co. is owned through holding companies by David and Raquel and Ruth Safdie, Danny and Roy Hakimian, and Justin and Cobby and Myron Gorjian. Its direct owners are Michael Livian (75% or more), GRS Children, LLC (10% to 25%), Gorjian Capital Group, LLC (25% to 50%), Danroy, LLC (25% to 50%), Alberto Kamkhaji (5% to 10%), Edmond Safdie (5% to 10%) and Guidaon Gorjian (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 April 2026
How does Livian & Co. get paid?
Livian & Co. is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Livian & Co.?
Livian & Co.’s main office is at 450 7th Avenue, Suite 801, New York, NY 10123. Its phone number is 212-319-8900. Its website is livianco.com.