Novus Advisors

RIASEC RegisteredEst. 2013

Total AUM

$91.3M

Discretionary

$59.3M

65% of AUM

Avg account

$242K

Accounts

377

Employees

Advisory reps

Firm details

Headquarters: Greenville, South Carolina
CRD number: 157908
Registered since: November 19, 2013
Website: www.novusadvisors.com
Custodians: CHARLES SCHWAB & CO., INC., EPIC RETIREMENT PLAN SERVICES
Fee structure: Percentage of AUM
Client types: Pension & Profit Sharing Plans34.98%
Individuals34.25%
HNWI30.76%
Services: Portfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Novus Advisors is a small, SEC-registered independent advisory firm organized as an LLC and operating since 2013. The firm serves individuals and families and charges fees as a percentage of assets under management. Its stated advisory services include discretionary and non‑discretionary portfolio management for individuals and small businesses, pension consulting, and the selection of other advisers — indicating it acts both as a day‑to‑day manager and as a capital allocator to external managers. Novus reports that it is not an active ESG investor and is not registered as a multi‑state adviser.