Hedge Fund Database

NOVAK & POWELL FINANCIAL SERVICES, INC.

Adviser information for NOVAK & POWELL FINANCIAL SERVICES, INC. last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Corporation
Fiscal Year End DECEMBER
Legal Location Florida, United States

Employees

Total Number of Employees 8
Investment Advisory/Research 8
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 8
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 1,043 $305.9M
Non-Discretionary 0 $0
Total 1,043 $305.9M

Clients

Type Number RAUM
Individuals 436 $305.9M
HNW Individuals 0 $0
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 0 $0
Pension and profit sharing plans 0 $0
Charitable organizations 0 $0
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 0 $0
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 0
No. of Financial Planning Clients 0

Services

Advisory Services Portfolio management for individuals and/or small businesses
Compensation % of AUM

Identifiers

SEC RIA File Number 801-108964
SEC ERA File Number 801-108964
SEC CIK Numbers 2011548
SEC CRD Numbers 112970
Legal Entity Identifier None

Principal Office

146 SECOND ST N
SUITE 310
ST. PETERSBURG
FL
United States
Monday - Friday, 9AM TO 5PM
Tel: 727-451-3440, Fax: 866-232-7698

Websites

www.novakpowell.com www.carrteam.com

Chief Compliance Officer

DAVID W. NOVAK
PRINCIPAL
146 SECOND ST N
SUITE 306
ST. PETERSBURG
FL
United States
Tel: 727-451-3440
Fax: 866-232-7698
(Full email address available in API data)

Regulatory Contact

JOSHUA D. POWELL
PRINCIPAL
146 2ND STREET NORTH
SUITE 306
ST. PETERSBURG
FL
United States
Tel: 303-530-1565
Fax: 866-232-7698
(Full email address available in API data)

Industry Affiliates

None

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
None

Control Persons

Name Type Entity Title Since Ownership
NOVAK, DAVID, WILLIAM Individual – PRINCIPAL, CHIEF COMPLIANCE OFFICER 09/2013 50-75%
POWELL, JOSHUA, D Individual – PRINCIPAL 09/2013 50-75%

No. Employees, Historic

105020192020202120222023202420255 on 5/20/20195 on 12/11/20195 on 3/30/20206 on 5/28/20206 on 6/29/20206 on 1/4/20216 on 3/23/20217 on 10/20/20218 on 11/3/20219 on 3/31/20229 on 12/11/202210 on 3/29/202310 on 12/15/20238 on 3/28/2024

RAUM, Historic

400M200M02019202020212022202320242025154766905 on 5/20/2019154766905 on 12/11/2019178779281 on 3/30/2020178779281 on 5/28/2020178779281 on 6/29/2020178779281 on 1/4/2021238557949 on 3/23/2021238557949 on 10/20/2021238557949 on 11/3/2021296486479 on 3/31/2022296486479 on 12/11/2022256267569 on 3/29/2023256267569 on 12/15/2023305936638 on 3/28/2024

No. Clients, Historic

50025002019202020212022202320242025250 on 5/20/2019250 on 12/11/2019250 on 3/30/2020250 on 5/28/2020250 on 6/29/2020250 on 1/4/2021265 on 3/23/2021265 on 10/20/2021265 on 11/3/2021437 on 3/31/2022437 on 12/11/2022459 on 3/29/2023459 on 12/15/2023436 on 3/28/2024

Holdings

From latest 13F, filed August 15th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
3M COMPANY COM 565K 6K –
ABBVIE INCORPORATED COM 238K 1K –
ABRDN GLOBAL DYNAMIC DIVIDEND COM 112K 11K –
ALERIAN MLP ETF ALERIAN MLP 554K 12K –
ALTRIA GROUP INCORPORATED COM 239K 5K –
AMAZON COM INCORPORATED COM 845K 4K –
AMGEN INCORPORATED COM 896K 3K –
APPLE INCORPORATED COM 9M 41K –
APPLIED MATLS INCORPORATED COM 373K 2K –
AT&T INCORPORATED COM 217K 11K –
AUTOMATIC DATA PROCESSING INCORPORATED COM 346K 1K –
BALL CORP COM 252K 4K –
BANK AMERICA CORPORATION COM 329K 8K –
BERKSHIRE HATHAWAY INCORPORATED DEL CLASS A CL A 612K 1 –
BERKSHIRE HATHAWAY INCORPORATED DEL CLASS B NEW CL B NEW 3M 8K –
BNY MELLON STRATEGIC MUN BD FD COM 101K 17K –
BNY MELLON STRATEGIC MUNS INCORPORATED COM 154K 25K –
BOEING COMPANY COM 1M 7K –
BROADRIDGE FINL SOLUTIONS INCORPORATED COM 226K 1K –
BROOKFIELD INFRAST PARTNERS LP LP INT UNIT (BERMUDA) LP INT UNIT 615K 22K –
CHEVRON CORPORATION NEW COM 415K 3K –
CINTAS CORPORATION COM 486K 694 –
CISCO SYSTEMS INCORPORATED COM 203K 4K –
COCA COLA COMPANY COM 232K 4K –
CONOCOPHILLIPS COM 258K 2K –
COSTCO WHOLESALE CORPORATION NEW COM 227K 267 –
DANAHER CORPORATION COM 623K 2K –
DISNEY WALT COMPANY COM 575K 6K –
DNP SELECT INCOME FD INCORPORATED COM 435K 53K –
DOMINION ENERGY INCORPORATED COM 204K 4K –
DUKE ENERGY CORPORATION NEW COM NEW COM NEW 472K 5K –
ECOLAB INCORPORATED COM 776K 3K –
ELECTRONIC ARTS INCORPORATED COM 285K 2K –
ENTERPRISE PRODUCTS PARTNERS L P COM 1M 40K –
EQUIFAX INCORPORATED COM 955K 4K –
EVERGY INCORPORATED COM 385K 7K –
EXXON MOBIL CORPORATION COM 798K 7K –
FIRST TRUST CAPITAL STRENGTH ETF CAP STRENGTH ETF 475K 6K –
FIRST TRUST DORSEY WRIGHT FOCUS 5 ETF DORSEY WRT 5 ETF 940K 16K –
FIRST TRUST DOW JONES INTERNET INDEX FUND DJ INTERNT IDX 2M 12K –
FIRST TRUST ETF II INDLS PROD DURABLE INDLS PROD DUR 323K 5K –
FIRST TRUST HEALTH CARE ALPHADEX FUND HLTH CARE ALPH 563K 5K –
FIRST TRUST NASDAQ-100 TECHNOLOGY INDEX FUND SHS 2M 12K –
FIRST TRUST NYSE ARCA BIOTECHNOLOGY INDEX FUND NY ARCA BIOTECH 233K 2K –
FIRST TRUST PREFERRED SECURITIES AND INCOME ETF PFD SECS INC ETF 217K 12K –
FIRST TRUST TECHNOLOGY ALPHADEX FUND TECH ALPHADEX 2M 11K –
GE AEROSPACE COM NEW COM NEW 211K 1K –
HEALTHPEAK PROPERTIES INCORPORATED REIT COM 211K 11K –
HOME DEPOT INCORPORATED COM 238K 692 –
HONEYWELL INTERNATIONAL INCORPORATED COM 277K 1K –
INVESCO FINANCIAL PREFERRED ETF FINL PFD ETF 197K 13K –
INVESCO QQQ TR UNIT SER 1 7M 15K –
INVESCO S&P 500 EQUAL WEIGHT INDUSTRIALS ETF S&P500 EQL IND 214K 5K –
INVESCO S&P 500 LOW VOLATILITY ETF S&P500 LOW VOL 360K 6K –
INVESCO S&P 500 TOP 50 ETF S&P 500 TOP 50 243K 5K –
INVESCO S&P SMALLCAP INDUSTRIALS ETF S&P SMLCP INDL 245K 2K –
ISHARES BIOTECHNOLOGY ETF ISHARES BIOTECH 378K 3K –
ISHARES CORE MSCI EMERGING ETF CORE MSCI EMKT 235K 4K –
ISHARES CORE S&P 500 ETF CORE S&P 500 ETF 238K 435 –
ISHARES CORE S&P MID CAP ETF CORE S&P MCP ETF 706K 12K –
ISHARES CORE S&P SMALL CAP ETF CORE S&P SCP ETF 610K 6K –
ISHARES GOLD TR ISHARES NEW ISHARES NEW 2M 39K –
ISHARES S&P 500 VALUE ETF S&P 500 VAL ETF 661K 4K –
ISHARES S&P MID CAP 400 GRWTH ETF MC 400 GR 984K 11K –
ISHARES S&P MID CAP 400 VALUE ETF MC 400VL 893K 8K –
ISHARES S&P SMALL CAP 600 ETF SMCP600 1M 11K –
ISHARES S&P SMLL CAP 600 GRTH ETF SML 600 GWT 784K 6K –
ISHARES TR CORE S&P MCP ETF CORE S&P MCP ETF 2M 30K –
ISHARES TR CORE S&P SCP ETF CORE S&P SCP ETF 2M 15K –
ISHARES TR CORE S&P500 ETF CORE S&P500 ETF 381K 697 –
ISHARES TR DOW JONES US ETF DOW JONES US ETF 1M 8K –
ISHARES TR EXPANDED TECH EXPANDED TECH 576K 7K –
ISHARES TR ISHARES BIOTECH ISHARES BIOTECH 1M 9K –
ISHARES TR ISHARES SEMICDTR ISHARES SEMICDTR 333K 1K –
ISHARES TR MSCI EMG MKT ETF MSCI EMG MKT ETF 277K 7K –
ISHARES TR RUS TP200 GR ETF RUS TP200 GR ETF 300K 1K –
ISHARES TR S&P MC 400GR ETF S&P MC 400GR ETF 651K 7K –
ISHARES TR S&P MC 400VL ETF S&P MC 400VL ETF 786K 7K –
ISHARES TR S&P SML 600 GWT S&P SML 600 GWT 876K 7K –
ISHARES TR SP SMCP600VL ETF SP SMCP600VL ETF 792K 8K –
ISHARES TR U.S. TECH ETF U.S. TECH ETF 285K 2K –
ISHARES U S CONSUMER STAPLES ETF US CONSM STAPLES 224K 3K –
JOHNSON & JOHNSON COM 1M 10K –
JPMORGAN CHASE & COMPANY. COM 1M 7K –
KROGER COMPANY COM 239K 5K –
LOWES COMPANIES INCORPORATED COM 217K 986 –
M & T BK CORPORATION COM 247K 2K –
MARRIOTT INTERNATIONAL INCORPORATED NEW CLASS A CL A 319K 1K –
MCCORMICK & COMPANY INCORPORATED COM NON VTG COM NON VTG 298K 4K –
MCDONALDS CORPORATION COM 632K 2K –
MERCK & COMPANY INCORPORATED COM 551K 4K –
MFS HIGH INCOME MUN TR SH BEN INT SH BEN INT 129K 35K –
MFS HIGH YIELD MUN TR SH BEN INT SH BEN INT 96K 28K –
MICROSOFT CORPORATION COM 6M 12K –
NEOS S&P 500 HIGH INCOME ETF NEOS S&P 500 HI 256K 5K –
NEW YORK CMNTY BANCORP INCORPORATED COM 188K 58K –
NEXTERA ENERGY INCORPORATED COM 401K 6K –
NVIDIA CORPORATION COM 3M 23K –
PACER US CASH COWS 100 ETF US CASH COWS 100 241K 4K –
PARKER-HANNIFIN CORPORATION COM 931K 2K –
PEPSICO INCORPORATED COM 318K 2K –
PFIZER INCORPORATED COM 359K 13K –
PHILIP MORRIS INTERNATIONAL INCORPORATED COM 423K 4K –
PHILLIPS 66 COM 201K 1K –
PNC FINL SVCS GROUP INCORPORATED COM 523K 3K –
PROCTER AND GAMBLE COMPANY COM 2M 12K –
PROSHARES S&P 500 DIVIDEND ARISTOCRATS ETF S&P 500 DV ARIST 227K 2K –
QUALCOMM INCORPORATED COM 1M 6K –
RAYMOND JAMES FINL INCORPORATED COM 380K 3K –
REAVES UTIL INCOME FD COM SH BEN INT COM SH BEN INT 213K 8K –
S & T BANCORP INCORPORATED COM 461K 14K –
S&P GLOBAL INCORPORATED COM 208K 466 –
SBA COMMUNICATIONS CORPORATION NEW CLASS A REIT CL A 970K 5K –
SFL CORPORATION LIMITED SHS (BERMUDA) SHS 545K 39K –
SOUTHERN COMPANY COM 577K 7K –
SOUTHERN COPPER CORPORATION COM 468K 4K –
SPDR BLOOMBERG HIGH YIELD BOND ETF BLOOMBERG HIGH Y 515K 5K –
SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST UT SER 1 3M 8K –
SPDR GOLD SHARES GOLD SHS 248K 1K –
SPDR INDUSTRIAL SELECT SECTOR FUND INDL 229K 2K –
SPDR S&P 500 ETF TR UNIT 6M 10K –
SPDR S&P INTERNATIONAL DIVIDEND ETF S&P INTL ETF 644K 19K –
SPDR TECHNOLOGY SELECT SECTOR FUND TECHNOLOGY 282K 1K –
STRYKER CORPORATION COM 340K 1K –
TESLA INCORPORATED COM 380K 2K –
TEXAS INSTRS INCORPORATED COM 408K 2K –
UNION PAC CORPORATION COM 239K 1K –
UNITEDHEALTH GROUP INCORPORATED COM 658K 1K –
VANGUARD DIVIDEND APPRECIATION ETF DIV APP ETF 4M 20K –
VANGUARD FINANCIALS ETF FINANCIALS ETF 1M 15K –
VANGUARD FTSE ALL-WORLD EX-US ETF ALLWRLD EX US 787K 13K –
VANGUARD FTSE EMERGING MARKETS ETF FTSE EMR MKT ETF 1M 34K –
VANGUARD FTSE EUROPE ETF FTSE EUROPE ETF 1M 16K –
VANGUARD GROWTH ETF GROWTH ETF 10M 28K –
VANGUARD HEALTH CARE ETF HEALTH CAR ETF 2M 6K –
VANGUARD HIGH DIVIDEND YIELD ETF HIGH DIV YLD 427K 4K –
VANGUARD INDEX FUNDS S&P 500 ETF SHS NEW S&P 500 ETF SHS 257K 513 –
VANGUARD INTERMEDIATE-TERM CORPORATE BOND ETF INT-TERM CORP 2M 19K –
VANGUARD INTERNATIONAL DIVIDEND APPRECIATION ETF INTL DVD ETF 336K 4K –
VANGUARD LARGE-CAP ETF LARGE CAP ETF 8M 31K –
VANGUARD MATERIALS ETF MATERIALS ETF 654K 3K –
VANGUARD MID-CAP ETF MID CAP ETF 579K 2K –
VANGUARD MID-CAP GROWTH ETF MCAP GR IDXVIP 1M 6K –
VANGUARD MID-CAP VALUE ETF MCAP VL IDXVIP 1M 7K –
VANGUARD REAL ESTATE ETF REAL ESTATE ETF 1M 18K –
VANGUARD SHORT TERM COR BD ETF SHORT TERM TREAS 2M 24K –
VANGUARD SHORT-TERM BOND ETF SHORT TRM BOND 2M 22K –
VANGUARD SHORT-TERM CORPORATE BOND ETF SHRT TRM CORP BD 1M 17K –
VANGUARD SHORT-TERM TREASURY ETF SHORT TERM TREAS 499K 9K –
VANGUARD SMALL CAP ETF SMALL CP ETF 307K 12K –
VANGUARD SMALL CAP GROWTH ETF SML CP GRW ETF 777K 3K –
VANGUARD SMALL CAP VALUE ETF SM CAP VAL 482K 3K –
VANGUARD TOTAL BOND MARKET ETF TOTAL BND MRKT 1M 15K –
VANGUARD TOTAL INTERNATIONAL STOCK ETF VG TL INTL STK F 568K 9K –
VANGUARD TOTAL STOCK MARKET ETF TOTAL STK MKT 3M 11K –
VANGUARD TOTAL WORLD STOCK ETF TT WRLD ST ETF 4M 31K –
VANGUARD UTILITIES ETF UTILITIES ETF 839K 6K –
VANGUARD VALUE ETF VALUE ETF 5M 28K –
VERIZON COMMUNICATIONS INCORPORATED COM 297K 7K –
WALMART INCORPORATED COM 417K 6K –
YUM BRANDS INCORPORATED COM 222K 2K –