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Lehmann, Livian, Fridson Advisors, LLC

Lehmann, Livian, Fridson Advisors, LLC. CRD 169980

L

CRD: 169980

Lehmann, Livian, Fridson Advisors, LLC

$84.2M Total AUM
$80.1M Disc. AUM
2.0% 3Y CAGR
2 Employees
53 ADV. Clients
12 yrs Firm Age

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Firm Details

Custodian
Charles Schwab & Company · Fidelity/NFS
Clients
Retail and Institutional
Established Date
04-03-2014
Office Locations
1

Office Locations

450 7TH Avenue Suite 801 NEW York NY

About Lehmann, Livian, Fridson Advisors, LLC

Lehmann, Livian, Fridson Advisors is a New York-based RIA focused on income investing—building personalized, tax-aware portfolios designed to generate retirement income and help protect purchasing power against inflation. The team emphasizes investor education for clients, spouses, and children and publishes quarterly webcasts. Serves both retail and institutional relationships and works with custodians such as Schwab and Fidelity/NFS.

Reported data analysis

What the numbers show

Between May 1, 2025 and April 30, 2026, reported AUM increased 25.1%, from $67.3M to $84.2M.

Across 5 reported observations, AUM decreased 4.8% between March 30, 2022 and April 30, 2026, from $88.4M to $84.2M.

Of the latest reported AUM, 95.1% is discretionary and 4.9% is non-discretionary.

The firm reports 2 advisory representatives and 53 clients, or 26.5 clients per representative. That equates to $1.6M in reported AUM per client.

The profile lists 1 reported office location and 12 years in operation. The source data was last updated on April 30, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

72 AVG AGE
$42.1M AVG AUM / ADVISOR
$1.6M AVG AUM / CLIENT
4.1 yrs AVG TENURE
2 Employees
2 Advisory Reps
0 RIA Reps
12yrs Firm Age

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Available data coverage

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  • Custodian
  • Investment Themes
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  • Services
  • Technology

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Owner & Executives

M

MARTIN STEVEN FRIDSON

Chief Investment Officer

CRD
#828290
Ownership
Less than 5%
MICHAEL MOSHE LIVIAN

MICHAEL MOSHE LIVIAN

Chief Compliance Officer, Chief Executive Officer, Founder

CRD
#4537297
Ownership
Less than 5%

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Contacts

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
03-30-2022
03-28-2023
04-22-2024
05-01-2025
04-30-2026
Category Assets AVG. Account size
Discretionary $80,084,655 $770,045
Non-Discretionary $4,096,277 $1,024,069
Total $84,180,932 $779,453

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Separately Managed Accounts

SMA allocation detail is available

Lehmann, Livian, Fridson Advisors, LLC has reported separately managed account data across 6 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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