Bayworth Capital
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$88,235,028
Clients
192
Advisors
4
of 4 employees
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
Expertise
Occupation focus
Fee options
Fixed fee ranging from $1,000 to $10,000 for financial planning and consulting services, negotiable based on scope and complexity.
$0 - $100,000,000: 1.00%
Main office
875 N Michigan Avenue, Suite 3100
Chicago IL 60611
Advisors at this office
4
Most active in
California · Illinois · Indiana · Texas
Also doing business as
Bayworth Capital · Xceed Capital Management, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Is not active or affiliated with:
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Quick links
Advisors at this firm
Avedis M
Series 63, Series 65
Chicago, IL
Bayworth Capital
Avedis Mavilian is a financial advisor at Bayworth Capital in Chicago, IL, with eight years of industry experience. He holds Series 63 and Series 65 licenses and has worked with Bayworth Capital since 2018. In addition, Mavilian serves as the managing member of Tailwind Financial Strategies, LLC, an insurance agency and tax advisory practice. Bayworth Capital provides financial planning, portfolio management, and pension consulting services to individuals, corporations, and pension plans. The firm offers tailored investment strategies across various asset classes and facilitates access to alternative investments while also providing specialized services such as pension consulting and assistance with securities-backed lines of credit.
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.
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.
Ara B
Series 65
Chicago, IL
Bayworth Capital
Ara Bayindiryan is a financial advisor at Bayworth Capital with 10 years of industry experience and holds a Series 65 designation. His career includes roles at Valyrian Financial, LLC, Xceed Planning, Inc., Bayworth Capital (dba XCEED CAPITAL MANAGEMENT, LLC), and Denali Financial Services, LLC. He is also involved as a managing member and agent of a licensed insurance agency and acts as a general partner to an investment fund. Bayworth Capital provides financial planning, portfolio management, and pension consulting services to individuals, corporations, and retirement plans. The firm offers tailored investment strategies across various asset classes and facilitates client access to alternative investments through a specialized portal, emphasizing pension consulting and pooled investment vehicles.
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