CRD: 112970
Novak & Powell Financial Services, Inc.
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Request a Free TrialFirm Details
- Custodian
- Charles Schwab & Company · Merrill Lynch · Raymond James
- Clients
- Retail
- Platforms
- --
- Established Date
- 05-06-2011
- Office Locations
- 2
Office Locations
About Novak & Powell Financial Services, Inc.
Novak & Powell Financial Services is an advisor-owned, fee-only RIA serving individuals, families, and many entrepreneurs with comprehensive financial planning, tax-aware guidance, and discretionary portfolio management. Portfolios are implemented largely with ETFs and mutual funds, with custody through Charles Schwab. The team emphasizes client-first advice without commission-driven product sales.
Reported data analysis
What the numbers show
Between March 28, 2025 and March 22, 2026, reported AUM increased 7.7%, from $333.6M to $359.5M.
Across 5 reported observations, AUM increased 21.2% between December 11, 2022 and March 22, 2026, from $296.5M to $359.5M.
Of the latest reported AUM, 100.0% is discretionary and 0.0% is non-discretionary.
The firm reports 7 advisory representatives and 426 clients, or 60.9 clients per representative. That equates to $843.8K in reported AUM per client.
The profile lists 2 reported office locations and 15 years in operation. The source data was last updated on March 22, 2026. Figures reflect reported regulatory data and may not include subsequent changes.
Team overview
Additional firm insights
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Available data coverage
- Industry Interests
- Investment Themes
- Investment Vehicles
- Services
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The full Novak & Powell Financial Services, Inc. record includes the detailed values behind these data categories, along with filters and export-ready prospecting fields.
Owner & Executives
DAVID WILLIAM NOVAK
Chief Compliance Officer, Financial Advisor, PRINCIPAL
- CRD
- #2811131
- Ownership
- 50% but less than 75%
JOSHUA D POWELL
Financial Advisor, PRINCIPAL
- CRD
- #4225150
- Ownership
- 50% but less than 75%
Showing 2 of 2 owners & executives
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TERRY RAY CARR
Branch Manager
- CRD
- #2218799
SAMUEL DOUGLAS CORNELL III
Investment Adviser Representative
- CRD
- #1790408
Showing 2 of 8 contacts
Unlock allAssets Under Management
| Category | Assets | AVG. Account size |
|---|---|---|
| Discretionary | $359,464,704 | $380,386 |
| Non-Discretionary | $0 | -- |
| Total | $359,464,704 | $380,386 |
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Separately Managed Accounts
SMA allocation detail is available
Novak & Powell Financial Services, Inc. has reported separately managed account data across 5 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.
13F Holdings | Q2 2026
Review the latest reported holdings
Novak & Powell Financial Services, Inc.'s 13F holdings detail is available for Q2 2026, including issuer, security class, CUSIP, ticker, portfolio weight, and reported value.