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
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, SEC-registered since 2011 and owned by an individual principal. The firm serves both individual and family clients as well as institutional investors and positions itself as a capital allocator that sources and places client capital with external managers. Its advisory services include financial planning, portfolio management for individuals and small businesses, selection of other advisers, pension consulting services, and investor education through publications and seminars. Fee arrangements are flexible: Novem Group charges percentage-of-AUM fees and also uses hourly and fixed-fee engagements. The firm does not identify as an active ESG investor in its disclosures.

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: 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
  • ROBERT BARTOLOTTA

    CEOCRD 1943239

  • TORREY GIANCURSIO

    President, CEOCRD 5877096

Contacts

3 of 30
  • VINCENT PALUMBOS

    Financial AdvisorCRD 3220021

  • Timothy Gerlach

    Account DirectorCRD 5798376

  • MARK GATTI

    Tax SpecialistCRD 1027529

Unlock 27 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 259

Active vs passive

$696M in ETFs

Passive

60%

$419M

Active

27%

$277M

ETFProviderStyleCategoryValueShares% of portfolio
SCHWAB US LARGE-CAP GROWTH ETF (SCHG)SchwabPassiveLarge Growth$33.8M1,159,3804.85%

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