Michael Novak
Michael Novak is a CFP-designated registered investment advisor at Life Stewardship Advisors, based in Lancaster, PA, with 10 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 1 more. Their firm serves 73 clients with $17M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 2.00% |
| $250K - $500K | 1.90% |
| $500K - $750K | 1.62% |
| $750K - $1000K | 1.44% |
| $1.0M - $1.5M | 1.20% |
| $1.5M - $2.0M | 1.00% |
| $2M+ | 0.80% |
Fees are negotiable.
Fee Estimator
Location
24 B East Roseville Road, Lancaster, PA, 17601
Get directionsHistory
Regulatory History (1)
Customer Dispute
July 2010Other Business ActivitiesSells Insurance
Michael is an insurance agent since 2013, selling various insurance products, dedicating about 10-20% of his time. He also serves as a board member for Water Street Mission and a supervisor for Pequea Township, spending a few hours per week on each.
Employment History
Current Registrations
Life Stewardship Advisors
Previous Registrations
Securities America Advisors, INC.
Master's Advisors, INC.
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.