{
  "crd_number": 124532,
  "slug": "karagosian-financial-services-inc-croton-on-hudson-ny-124532",
  "primary_business_name": "KARAGOSIAN FINANCIAL SERVICES, INC",
  "legal_name": "KARAGOSIAN FINANCIAL SERVICES, INC",
  "dbas": [],
  "city": "Croton on Hudson",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-07-01",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-03-09",
  "carried_forward": false,
  "raum_total": 26789020.0,
  "raum_discretionary": 25789089.0,
  "raum_non_discretionary": 999931.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 10310.0,
      "count": 0,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 9274278.0,
      "count": 40
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 17504432.0,
      "count": 12
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CT",
    "NJ",
    "NY",
    "TX"
  ],
  "websites": [
    "https://toinvest.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/124532",
  "city_as_filed": "CROTON ON HUDSON",
  "url": "https://advisorcensus.com/firm/karagosian-financial-services-inc-croton-on-hudson-ny-124532",
  "display_name": "Karagosian Financial Services, Inc",
  "summary": "Karagosian Financial Services, Inc is an SEC-registered investment advisory firm in Croton on Hudson, NY, registered since 2021, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 9, 2026.",
  "citation": "AdvisorCensus. Karagosian Financial Services, Inc (CRD 124532): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Karagosian Financial Services, Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Karagosian Financial Services, Inc reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "What does Karagosian Financial Services, Inc's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 9, 2026 states: Up to $500,000: 1.5% a year; $500,001 to $5,000,000: 1.25% a year; Above $5,000,000: 1% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Karagosian Financial Services, Inc located?",
      "a": "Karagosian Financial Services, Inc's principal office is in Croton on Hudson, NY, according to its Form ADV."
    },
    {
      "q": "Is Karagosian Financial Services, Inc registered with the SEC or a state?",
      "a": "Karagosian Financial Services, Inc is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 124532."
    },
    {
      "q": "How much does Karagosian Financial Services, Inc manage?",
      "a": "Karagosian Financial Services, Inc reports $26,789,020 in regulatory assets under management in its Form ADV filing dated March 9, 2026 (96% discretionary)."
    },
    {
      "q": "How have Karagosian Financial Services, Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Karagosian Financial Services, Inc: Regulatory assets under management: $26,549,676 in the October 2021 data and $26,789,020 in the October 2026 data, up 1%. Total employees: 2 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Karagosian Financial Services, Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (40); high net worth individuals (12)."
    },
    {
      "q": "Which custodians does Karagosian Financial Services, Inc use?",
      "a": "Karagosian Financial Services, Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Interactive Brokers LLC and Pershing LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Karagosian Financial Services, Inc report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/124532"
    },
    {
      "q": "What changed in Karagosian Financial Services, Inc's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 2 to 1."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 26549676.0,
      "total_employees": 2,
      "filing_date": "2021-06-17"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 31613435.0,
      "total_employees": 2,
      "filing_date": "2022-03-16"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 28930000.0,
      "total_employees": 2,
      "filing_date": "2023-04-04"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 25252176.0,
      "total_employees": 2,
      "filing_date": "2024-03-07"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 26734711.0,
      "total_employees": 2,
      "filing_date": "2025-03-06"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 26789020.0,
      "total_employees": 1,
      "filing_date": "2026-03-09"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 2 to 1."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 9, 2026",
    "tiers": [
      {
        "band": "Up to $500,000",
        "rate": "1.5%"
      },
      {
        "band": "$500,001 to $5,000,000",
        "rate": "1.25%"
      },
      {
        "band": "Above $5,000,000",
        "rate": "1%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $500,000: 1.5% a year",
          "$500,001 to $5,000,000: 1.25% a year",
          "Above $5,000,000: 1% a year"
        ],
        "quotes": [
          "Our current fee schedule is illustrated below. However, all fees are negotiable.",
          "$0- $500,000 1.50% \n$500,001- $5,000,000 1.25% \n$5,000,000- plus 1.00%"
        ]
      }
    ],
    "quotes": [
      "Our current fee schedule is illustrated below. However, all fees are negotiable.",
      "$0- $500,000 1.50% \n$500,001- $5,000,000 1.25% \n$5,000,000- plus 1.00%"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Interactive Brokers LLC",
      "name_as_filed": "INTERACTIVE BROKERS LLC",
      "affiliated": false
    },
    {
      "name": "Pershing LLC",
      "name_as_filed": "PERSHING LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/karagosian-financial-services-inc-croton-on-hudson-ny-124532.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 40,
      "fewer_than_5": false,
      "raum": 9274278.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 12,
      "fewer_than_5": false,
      "raum": 17504432.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": true,
      "raum": 10310.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/124532",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}