SEC-registered independent wealth management RIA
Lazari Capital Management, Inc.
As of its Form ADV filed May 19, 2026, Lazari Capital Management, Inc., an SEC-registered independent wealth management RIA in Burbank, California, reported $691.1 million in regulatory assets under management across 1,599 accounts, ranking #251 among independent RIAs in California by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 172932
- SEC file number
- 801-112927
- Registered since
- April 23, 2018
- Latest Form ADV filing
- May 19, 2026
- Organized as
- Corporation
- Fiscal year ends
- December
- Other offices
- 2
Key figures
- Regulatory assets under management
- $691.1 million
- Discretionary
- $554.7 million (80.3%)
- Non-discretionary
- $136.4 million
- Accounts
- 1,599 (1,379 discretionary)
- Clients
- 968, approximate as reported
- Employees
- 14
- Advisory staff
- 8 performing investment advisory functions
- Average account
- $432,217
- Asset growth, 1 year
- 12.4% (from $614.6 million a year earlier)
- Asset growth, 3-year annual rate
- 20.1% (from $398.6 million three years earlier)
- Asset growth, 5-year annual rate
- 15.0% (from $343.1 million five years earlier)
- Client growth, 1 year
- -9.4% (from 1,068)
Independent wealth management RIA: individual and high net worth clients hold at least half of its regulatory assets, it offers financial planning or portfolio management for individuals, and it is not a broker-dealer, a bank or part of one by the directory's rules. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among independent wealth management RIAs.
| Ranking | Nationally | In California | Value |
|---|---|---|---|
| Largest independent RIAs by assets under management | #1,884 | #251 | $691.1 million |
| Fastest-growing independent RIAs over one year | #4,445 | #562 | 12.4%from $614.6 million |
| Fastest-growing independent RIAs over three years | #1,598 | #210 | 20.1%from $398.6 million |
| Fastest-growing independent RIAs over five years | #1,236 | #163 | 15.0%from $343.1 million |
| Independent RIAs with the biggest asset gains over one year | #2,550 | #329 | $76.5 million |
| Independent RIAs with the most clients | #991 | #112 | 968 |
| Independent RIAs with the fastest client growth over one year | #5,216 | #632 | -9.4%from 1,068 |
| Independent RIAs with the most accounts | #1,554 | #151 | 1,599 |
| Independent RIAs with the most advisory staff | #1,478 | #163 | 8 |
| Independent RIAs with the most high net worth clients | #2,589 | #339 | 122 |
| Independent RIAs with the most CFP professionals | #3,524 | #440 | 1 |
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2018 | $122.7 million |
| October 1, 2019 | $163.6 million |
| October 1, 2020 | $273.5 million |
| October 4, 2021 | $343.1 million |
| October 3, 2022 | $402.2 million |
| October 5, 2023 | $398.6 million |
| October 1, 2024 | $471.1 million |
| September 2, 2025 | $614.6 million |
| October 2, 2026 | $691.1 million |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 122 clients | $366.9 million | |
| Pension and profit sharing plans 220 clients | $171.1 million | |
| Individuals (other than high net worth) 609 clients | $135.0 million | |
| Corporations or other businesses 15 clients | $17.4 million | |
| Charitable organizations 2 clients | $675,000 |
How the firm is paid
- A percentage of assets under management
- Fixed fees
- Performance-based fees
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Portfolio management for pooled investment vehicles
- Pension consulting
Financial planning clients (Item 5.H): 0.
Wrap fee program sponsor or portfolio manager: no.
Other business, affiliations and custody
Other business activities (Item 6.A)
None reported.
Financial industry affiliations (Item 7.A)
- Broker-dealer
- Other investment adviser
- Insurance company or agency
- Pension consultant
- Real estate broker, dealer or agent
Advises 1 private fund (Item 7.B).
Custody (Item 9)
The firm reported no custody of client cash or securities.
Investment adviser representatives
- IARs registered with the firm
- 11
- Also registered through a broker-dealer
- 6
- Employees who are IARs (Form ADV 5.B(3))
- 7
Designations held by the firm's IARs: CFP 1.
Between 10 and 11 of the firm's 11 IARs are registered in jurisdictions that require IAR CE. The source counts registrations by jurisdiction, and many IARs are registered in more than one, so the exact number is not knowable from it. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 0 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in California
| Firm | City | RAUM |
|---|---|---|
| Hamilton Wealth, LLC | Los Angeles | $697.8 million |
| Premier Wealth Advisors, LLC | San Diego | $694.9 million |
| BW & Associates, Inc. | Orange | $692.8 million |
| Alliance Advisory & Securities, LLC | Westlake Village | $687.4 million |
| MA Private Wealth, LLC | San Carlos | $686.0 million |
The five independent RIAs nearest in regulatory assets with a main office in the same state.
Elsewhere
- Lazari Capital Management, Inc. on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.lazaricapital.com
- Independent RIAs in California
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.