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Bayworth Capital

Updated today

Client assets under management

$88,235,028

Clients

192

27% high-net worth

Advisors

4

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

48

Typical

Average account size

$459,557

About

Bayworth Capital works with individuals (including high-net-worth and non‑HNW clients), corporations, and pension and profit‑sharing plans to provide financial planning, discretionary and non‑discretionary portfolio management, and pension consulting under written agreements. The firm advises on a range of investments — equities, fixed income, mutual funds, ETFs, options — and may recommend alternative and private fund investments as part of clients’ portfolios.

Advisory strategies are tailored to each client’s objectives, risk tolerance, and liquidity needs and can be implemented through customized portfolios or firm model portfolios; discretionary authority is granted by clients via the investment advisory agreement. Bayworth also facilitates client access to alternative investments through the Capital Integration Systems LLC (CAIS) Alternative Investments Portal, while noting it will only recommend — not unilaterally select — CAIS offerings for client accounts.

Compared with many peer teams, Bayworth discloses a heavier involvement with pooled vehicles and ERISA plan work, including pension consulting and the potential to act as a plan fiduciary under Section 3(21) or 3(38). The brochure also highlights less common practices for a firm of its size — assistance with securities‑backed lines of credit, an affiliation with a licensed insurance agency, and use of third‑party AI tools and alternative‑investment due diligence — each accompanied by explicit conflict disclosures and client controls.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Retirement income strategy Income planning Medicare planning Long-term care insurance Equity compensation tax strategy

Occupation focus

Founder/Business Owner Executive

Fee options

Fixed

Fixed fee ranging from $1,000 to $10,000 for financial planning and consulting services, negotiable based on scope and complexity.

Percentage

$0 - $100,000,000: 1.00%

Main office location

Bayworth Capital

875 N Michigan Avenue, Suite 3100

Chicago IL 60611, United States

Number of offices

4

Most active in

California · Illinois · Indiana · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Avedis M

Series 63, Series 65

Chicago, IL

Bayworth Capital

Avedis Mavilian is a financial advisor with Bayworth Capital in Chicago, IL, holding Series 63 and Series 65 licenses and possessing seven years of industry experience. He is the managing member of Tailwind Financial Strategies, LLC, an insurance agency and tax advisory practice. His prior work includes roles at Tailwind Tax, LLC, Insurmark, and Farmers Insurance Group-Michael Canahuati Agency. Bayworth Capital is a small team of advisors serving both retail and institutional clients, providing financial planning, portfolio management, and pension consulting. The firm manages approximately $62.7 million in discretionary assets and offers tailored portfolios utilizing a variety of investment strategies, including alternative investments and insurance products through affiliated entities.

Retirement income strategy Income planning Medicare planning Long-term care insurance Equity compensation tax strategy Founder/Business Owner Executive
user avatar

Sevan M

CFP®, Series 63, Series 65

Chicago, IL

Bayworth Capital

Sevan Meneshian is a CFP® professional with 26 years of industry experience, currently serving at Bayworth Capital since 2019. His prior roles include positions at Kestra Investment Services and Ausdal Financial Partners. Outside of his advisory work, Meneshian instructs CFP® courses at Kaplan College and Northwestern University and operates a CFP exam tutoring service. Bayworth Capital provides financial planning, portfolio management, and pension consulting to both individual and institutional clients. The firm offers tailored investment strategies utilizing a range of securities and alternative investments, managing approximately $62.7 million in discretionary assets with a team of four advisors.

Retirement income strategy Income planning Medicare planning Long-term care insurance Equity compensation tax strategy Founder/Business Owner Executive
user avatar

Paul M

CFP®, Series 63

Chicago, IL

Bayworth Capital

Paul Mardoian is a CFP® with 37 years of industry experience, currently serving at Bayworth Capital since 2025. His prior experience includes roles at Fairhaven Wealth Management and Triad Advisors. He also operates a sole proprietorship providing insurance and retirement plan services. Bayworth Capital offers financial planning, portfolio management, and pension consulting to individuals, including high-net-worth clients, as well as institutional clients. The firm manages approximately $62.7 million in discretionary assets and tailors portfolios using a range of investment strategies while providing ongoing account monitoring.

Retirement income strategy Income planning Medicare planning Long-term care insurance Equity compensation tax strategy Founder/Business Owner Executive
user avatar

Ara B

Series 65

Chicago, IL

Bayworth Capital

Ara Bayindiryan is a financial advisor at Bayworth Capital with nine years of industry experience. He holds a Series 65 designation and has worked at Valyrian Financial, LLC, Xceed Planning, Inc., Xceed Capital Management, LLC, and Denali Financial Services, LLC. Outside of his advisory role, he is the managing member and agent of a licensed insurance agency and a general partner in a private fund. Bayworth Capital provides financial planning, portfolio management, and pension consulting services to individual and institutional clients. The firm manages approximately $62.7 million in discretionary assets and offers tailored portfolios that incorporate a range of investment strategies and ongoing account monitoring.

Retirement income strategy Income planning Medicare planning Long-term care insurance Equity compensation tax strategy Founder/Business Owner Executive
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