David Novak
David Novak is a registered investment advisor at Novak & Powell Financial Services, INC., based in St. Petersburg, FL, with 27 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Tax Planning. Their firm serves 442 clients with $330M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Novak & Powell Financial Services' investment management fee is a percentage of the value of your portfolio. The minimum portfolio value is generally $500,000, but exceptions may be made. The fees are:
- $500,000 - $750,000 — 2.25% per year
- $750,001 - $1,000,000 — 1.50% per year
- $1,000,001 - $5,000,000 — 1.25% per year
- Over $5,000,000 — negotiable
Location
146 Second St N, Suite 310, St. Petersburg, FL, 33701
Get directionsHistory
Regulatory History (1)
Regulatory
September 2014Employment History
Current Registrations
Novak & Powell Financial Services, INC.
Previous Registrations
Raymond James Financial Services Advisors, INC
Raymond James Financial Services
Raymond James Financial Services, INC.Broker
State Registrations3 states
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.