Nova Financial Llc
- Regulatory AUM
- $469M
- Discretionary
- $469M
- Clients
- 738
- Avg AUM / client
- $636K
- Accounts
- 1,388
- Employees
- 10
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 29, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 594 | $193M | 41.0% |
| High net worth individuals | 144 | $277M | 59.0% |
People (12)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Jacob Ray Kagele | Managing Member | May 2009 (17y) | ≈ 18.75% – 50% via Bfd, Llc | |
| Desmond, Raymond, Michael | Managing Member | Jul 2014 (12y) | GP / trustee / elected manager of Nova Financial Holding Company, Llc (indirect) | |
| Volpe, Jon, David | Trustee | Jul 2014 (12y) | 75% or more of Jon David Volpe & Heather Leann Volpe Revocable Trust (indirect) | |
| Volpe, Heather, Leann | Trustee | Jul 2014 (12y) | 75% or more of Jon David Volpe & Heather Leann Volpe Revocable Trust (indirect) | |
| Thomas Michael Fischer | Registered representative | Jan 2011 (16y) | ||
| Victor Guy Denigris | Registered representative | Apr 2011 (15y) | ||
| Mark Clifford Debenedetti | Registered representative | Sep 2011 (15y) | ||
| Michael Stephan Mare | Registered representative | Nov 2014 (12y) | ||
| Christopher John Chaffon | Registered representative | Jun 2015 (11y) | ||
| Jeffrey Michael Johnson | Registered representative | Mar 2016 (10y) | ||
| Blake Alan Bjordahl | Registered representative | Apr 2016 (10y) | ||
| Cole Robert Fischer | Registered representative | May 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Nova Financial Holding Company, Llc | Manager Managed | Jul 2014 | A | 50% – 75% |
| Bfd, Llc | Managing Member | Sep 2012 | A | 25% – 50% |
| Nova Financial Holding Llc | Corporation | Jul 2014 | B | 75% or more of Nova Financial & Insurance Services (indirect) |
| Jon David Volpe & Heather Leann Volpe Revocable Trust | Trust | Jul 2014 | B | 75% or more of Nova Financial Holding, Llc (indirect) |
Estimated effective ownership (look-through of filed bands):
- Jacob Ray Kagele: 75% – 100% of Bfd, Llc × 25% – 50% direct ≈ 18.75% – 50% of the firm
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) | 03/29/2026 | 1.14 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
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
- • Educational seminars/workshops
Custody
Reported custodians
- Charles Schwab & Co. $469M (100% of AUM) Mar 2026
- National Financial Services (Fidelity) $469M (100% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have 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 29, 2026.
View current Form ADV (SEC/IAPD) ↗