NOVAK & POWELL FINANCIAL SERVICES, INC.

RIASEC RegisteredEst. 2017
Total AUM
$359M
Discretionary
$359M
100% of AUM
Avg account
$380K
Accounts
945
Employees
7
Advisory reps
7

Firm details

Headquarters
ST PETERSBURG, Florida
CRD number
112970
Registered since
January 24, 2017
Custodians
RAYMOND JAMES & ASSOCIATES, INC., CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM
Client types
  • Individuals100%
Services
Portfolio Management for Individuals

Firm profile

FINTRX

Overview

Novak & Powell Financial Services, Inc. is a corporation focused on portfolio management for individual clients and small businesses. The firm is SEC-registered (since 2017) and is owned by an individual; it charges clients on a percentage-of-AUM basis. Its client base is concentrated on individuals and families. The ADV filing indicates the firm is not an active ESG investor, not a pension consultant, and is classified as unclassified for regulatory reporting. Novak & Powell lists an industry affiliation with accountants.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 43%, Public Funds/Mutual Funds 39%, Cash & Cash Equivalents 8%, Investment Grade Corp Bonds 7%, US Government Bonds 3%43%
  • Exchange Traded Equities43%
  • Public Funds/Mutual Funds39%
  • Cash & Cash Equivalents8%
  • Investment Grade Corp Bonds7%
  • US Government Bonds3%

Contacts

3 of 7
  • JOSHUA POWELL

    PrincipalCRD 4225150

  • TERRY CARR

    Branch ManagerCRD 2218799

  • DAVID NOVAK

    PrincipalCRD 2811131

Unlock 4 more contacts

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 101

Active vs passive

$139M in ETFs

Passive

94%

$130M

Active

2%

$8.9M

ETFProviderStyleCategoryValueShares% of portfolio
INVESCO QQQ TRUST SERIES 1 (QQQ)InvescoPassiveLarge Growth$11.8M20,4698.48%

Location

Primary office

ST PETERSBURG, FL

PINELLAS

Location

ST PETERSBURG, FL

Headquartered in ST PETERSBURG, FL, in the South of the United States.

Region
South
County
PINELLAS
Address
146 2nd St N
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth