David Novak
David Novak is a registered investment advisor at Novak & Powell Financial Services, INC., based in St. Petersburg, FL, with 28 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning, Special Needs Planning, and 1 more. Their firm serves 426 clients with $360M 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 $500K | 2.25% |
| $500K - $750K | 2.25% |
| $750K - $1.0M | 1.50% |
| $1.0M - $5.0M | 1.25% |
| $5M+ | 1.25% |
Fees for accounts over $5,000,000 are negotiable. Minimum portfolio value is generally $500,000, but exceptions may be made at the firm's discretion.
Fee Estimator
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.
Exams
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