SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Karani Asset Management LLC
New York, NY
CRD 297922
Firm filing updated March 26, 2026 ·
- $150.9MAssets
- 43Clients
- 3Advisory staff
- 43Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Performance-based feesYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- High net worth individuals26
- Individuals12
- Charities2
- Corporations or other businesses2
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 12 | $2.0 million |
| High net worth individuals | 26 | $46.0 million |
| Charitable organizations | 2 | $80.8 million |
| Corporations or other businesses not listed above | 2 | $15.1 million |
| Other: "FOUNDATIONS" | 1 | $6.9 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Other: "FOUNDATIONS, CHARITABLE ORGANIZATIONS & ENDOWMENTS"
- Portfolio management for individuals and/or small businesses
- Other: "FOUNDATIONS, CHARITABLE ORGANIZATIONS & ENDOWMENTS"
Assets and accounts
- Regulatory assets$150.9 million
- Accounts43
- DiscretionaryAll accounts
People
- Employees4
- Advisory staff3
- Broker-dealer reps0
- Licensed insurance agents0
Advisors
1 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 297922, SEC file 801-113904.
- Registered with the SEC as an investment advisor (status date on record: August 27, 2018).
Is Karani Asset Management LLC a fiduciary?
Short answer: Karani Asset Management LLC is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.