Novem Group

RIASEC RegisteredEst. 2011
Total AUM
$1.7B
Discretionary
$1.5B
85% of AUM
Avg account
$308K
Accounts
5,571
Employees
52
Advisory reps
32

Firm details

Headquarters
Rochester, New York
CRD number
158964
Registered since
September 22, 2011
Website
novemgroup.com
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • Individuals48.07%
  • HNWI31.84%
  • Pension & Profit Sharing Plans20%
  • Charitable Organizations0.07%
  • State / Municipal Government0.01%
Services
Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other AdvisersPublication of PeriodicalsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Novem Group is an independent registered investment adviser formed in 2011 that acts as a capital allocator for both individual/family and institutional clients. The firm is structured as a corporation with individual ownership and offers a mix of fee arrangements, including percentage-of-AUM billing as well as hourly and fixed-fee engagements. Its service set extends beyond portfolio management to financial planning, pension consulting and manager selection, and it also produces periodic written material and runs educational seminars and workshops. Novem Group does not position itself as an ESG-focused investor. It reports activity across advisory and selection roles, indicating a practice that blends direct portfolio management with outsourced manager relationships and thought leadership for clients.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

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Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 71%, Exchange Traded Equities 15%, Cash & Cash Equivalents 8%, Investment Grade Corp Bonds 2%, Derivatives 2%, US Government Bonds 1%, State & Local Bonds 1%71%
  • Public Funds/Mutual Funds71%
  • Exchange Traded Equities15%
  • Cash & Cash Equivalents8%
  • Investment Grade Corp Bonds2%
  • Derivatives2%

Owners & executives

2 of 2
  • Torrey Giancursio

    Torrey Giancursio

    President, CEOCRD 5877096

  • Robert Bartolotta

    Robert Bartolotta

    CEOCRD 1943239

Contacts

3 of 30
  • Timothy Gerlach

    Timothy Gerlach

    Account DirectorCRD 5798376

  • Cynthia Deal

    Cynthia Deal

    Investment AdvisorCRD 5138926

  • Patrick Manuel

    Patrick Manuel

    President, Financial AdvisorCRD 5198707

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Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 271

Active vs passive

$810M in ETFs

Passive

56%

$456M

Active

30%

$354M

ETFProviderStyleCategoryValueShares% of portfolio
PIMCO MULTISECTOR BOND ACTIVE EXCHANGE-TRADED FUND (PYLD)PIMCOActiveMultisector Bond$41.7M1,573,2255.15%
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Location

Primary office

Rochester, NY

Monroe

Location

Rochester, NY

Headquartered in Rochester, NY, anchoring the Rochester-Batavia-Seneca Falls, NY metro in the Northeast.

Metro area
Rochester-Batavia-Seneca Falls, NY
Region
Northeast
County
Monroe
Address
350 Linden Oaks
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth