Novak & Powell Financial Services, Inc.
- Regulatory AUM
- $359M
- Discretionary
- $359M
- Clients
- 426
- Avg AUM / client
- $844K
- Accounts
- 945
- Employees
- 7
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 22, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 426 | $359M | 100.0% |
People (7)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Joshua D Powell | Principal | May 2011 (15y) | 50% – 75% | |
| David William Novak | Principal, Chief Compliance Officer | Sep 2013 (13y) | 50% – 75% | |
| Terry Ray Carr | Registered representative | Jan 2020 (7y) | ||
| Eric Quinten Giesler | Registered representative | Nov 2021 (5y) | ||
| Samuel Douglas Cornell | Registered representative | Nov 2021 (5y) | ||
| Alan Keith Goldfarb | Registered representative | CFP | Aug 2022 (4y) | |
| Gregg Stephen Ducatte | Registered representative | Jan 2025 (2y) |
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/22/2026 | 1.07 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
Custody
Reported custodians
- Raymond James $311M (87% of AUM) Mar 2026
- Charles Schwab & Co. $48.5M (13% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 22, 2026.
View current Form ADV (SEC/IAPD) ↗