Hedge Fund Database

NOVARE CAPITAL MANAGEMENT

Adviser information for NOVARE CAPITAL MANAGEMENT last updated from Form ADV on March 26th, 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 Limited Liability Company
Fiscal Year End DECEMBER
Legal Location North Carolina, United States

Employees

Total Number of Employees 22
Investment Advisory/Research 18
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 17
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 2

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 1,811 $1.5B
Non-Discretionary 3 $3.0M
Total 1,814 $1.5B

Clients

Type Number RAUM
Individuals 345 $125.3M
HNW Individuals 399 $1.3B
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 <5 $3.2M
Charitable organizations 5 $10.3M
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 <5 $43.3M
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 0
No. of Financial Planning Clients 26-50

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients
Compensation % of AUM

Identifiers

SEC RIA File Number 801-61848
SEC ERA File Number 801-61848
SEC CIK Numbers 1388409
SEC CRD Numbers 117949
Legal Entity Identifier None

Principal Office

521 E. MOREHEAD
SUITE 510
CHARLOTTE
NC
United States
Monday - Friday, 8:00 AM - 5:00PM
Tel: 704-334-3698, Fax: 704-334-3339

Websites

www.facebook.com/novarecapitalmanagement/ novarecapital.com/ www.linkedin.com/company/novare-capital-management www.youtube.com/user/novarecapital

Chief Compliance Officer

LINDA L WALDEN
SENIOR VICE PRESIDENT
521 E. MOREHEAD STREET
SUITE 510
CHARLOTTE
NC
United States
Tel: 704-334-3698
Fax: 704-334-3339
(Full email address available in API data)

Regulatory Contact

DON OLMSTEAD
MANAGING DIRECTOR
521 EAST MOREHEAD ST.
SUITE 510
CHARLOTTE
NC
United States
Tel: 704-334-3698
Fax: 704-334-3339
(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
BAYNARD, WILLIAM, GIRROIR Individual – MANAGING MEMBER/MANAGING DIRECTOR 12/1999 5-10%
OLMSTEAD, DON, ELLSWORTH Individual – MANAGING MEMBER/MANAGING DIRECTOR 12/1999 25-50%
THE BAYMEN GROUP, LLC Domestic Entity – MEMBER/DIRECT OWNER 12/1999 25-50%
WILKS, JOHN, WHITFIELD Individual – MEMBER/DIRECTOR 01/2012 10-25%
MCPHAIL, ANNE, JONES Individual – MEMBER/DIRECTOR 01/2012 5-10%
ROPER, JANE, ELIZABETH Individual THE BAYMEN GROUP, LLC MEMBER 02/1999 25-50%
WALDEN, LINDA, LATHAN Individual – SRVP/CHIEF COMPLIANCE OFFICER 03/2015 < 5%
BAYNARD (JR), WILLIAM GIRROIR Individual THE BAYMEN GROUP, LLC MEMBER 05/1995 25-50%
PATTON, CHRISTOPHER, TODD Individual – SENIOR VICE PRESIDENT 01/2019 < 5%
REYNA, BRANDO, LEWIS Individual – CHIEF INVESTMENT OFFICER 01/2023 < 5%
NORRIS, MARGARET, JOAN Individual – CHIEF OPERATING OFFICER 01/2022 < 5%

No. Employees, Historic

30150201920202021202220232024202515 on 6/14/201915 on 11/8/201917 on 3/5/202017 on 3/24/202017 on 6/12/202017 on 10/13/202020 on 3/12/202120 on 3/22/202120 on 3/1/202220 on 4/6/202220 on 6/9/202222 on 2/21/202322 on 3/22/202322 on 4/3/202322 on 11/21/202322 on 3/26/2024

RAUM, Historic

2B1B02019202020212022202320242025979011765 on 6/14/2019979011765 on 11/8/20191162797006 on 3/5/20201162797006 on 3/24/20201162797006 on 6/12/20201162797006 on 10/13/20201224687540 on 3/12/20211224687540 on 3/22/20211409818296 on 3/1/20221409818296 on 4/6/20221409818296 on 6/9/20221322652050 on 2/21/20231322652050 on 3/22/20231322652050 on 4/3/20231322652050 on 11/21/20231509026137 on 3/26/2024

No. Clients, Historic

80040002019202020212022202320242025502 on 6/14/2019502 on 11/8/2019600 on 3/5/2020600 on 3/24/2020600 on 6/12/2020600 on 10/13/2020581 on 3/12/2021581 on 3/22/2021649 on 3/1/2022649 on 4/6/2022649 on 6/9/2022695 on 2/21/2023695 on 3/22/2023695 on 4/3/2023695 on 11/21/2023749 on 3/26/2024

Holdings

From latest 13F, filed August 1st, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ABBOTT LABS COM 11M 105K –
ABBVIE INC COM 8M 47K –
ACCENTURE PLC IRELAND SHS CLASS A 19M 63K –
ADOBE INC COM 14M 25K –
ADVANCED MICRO DEVICES INC COM 2M 11K –
ALPHABET INC CAP STK CL A 32M 178K –
ALPHABET INC CAP STK CL C 733K 4K –
ALPS ETF TR ALERIAN MLP 12M 240K –
AMAZON COM INC COM 25M 130K –
AMERICAN ELEC PWR CO INC COM 264K 3K –
AMERICAN EXPRESS CO COM 260K 1K –
AMERICAN TOWER CORP NEW COM 7M 38K –
AMERIPRISE FINL INC COM 12M 29K –
AMETEK INC COM 12M 74K –
AMGEN INC COM 275K 879 –
APOLLO COML REAL EST FIN INC COM 350K 36K –
APPLE INC COM 37M 178K –
APTIV PLC SHS 6M 90K –
ASML HOLDING N V N Y REGISTRY SHS 230K 225 –
AT&T INC COM 599K 31K –
ATMOS ENERGY CORP COM 506K 4K –
AUTOZONE INC COM 836K 282 –
BANK AMERICA CORP 7.25%CNV PFD L 785K 656 –
BANK AMERICA CORP COM 12M 309K –
BANK NEW YORK MELLON CORP COM 11M 189K –
BECTON DICKINSON & CO COM 247K 1K –
BERKSHIRE HATHAWAY INC DEL CL B NEW 22M 55K –
BLACKSTONE INC COM 219K 2K –
BOEING CO COM 291K 2K –
BOOKING HOLDINGS INC COM 2M 465 –
BOWMAN CONSULTING GROUP LTD COM 2M 47K –
BRISTOL-MYERS SQUIBB CO COM 200K 5K –
BROADCOM INC COM 27M 17K –
C H ROBINSON WORLDWIDE INC COM NEW 8M 95K –
CARLYLE SECURED LENDING INC COM 4M 209K –
CATERPILLAR INC COM 736K 2K –
CHEVRON CORP NEW COM 10M 64K –
CISCO SYS INC COM 10M 202K –
COCA COLA CO COM 1M 22K –
COMCAST CORP NEW CL A 16M 400K –
CONOCOPHILLIPS COM 450K 4K –
COSTCO WHSL CORP NEW COM 3M 3K –
COTERRA ENERGY INC COM 267K 10K –
CUMMINS INC COM 11M 39K –
CVS HEALTH CORP COM 6M 96K –
DIGITAL RLTY TR INC COM 12M 78K –
DISNEY WALT CO COM 1M 12K –
DUKE ENERGY CORP NEW COM NEW 1M 12K –
EASTMAN CHEM CO COM 504K 5K –
ELI LILLY & CO COM 273K 302 –
EMERSON ELEC CO COM 21M 192K –
ENERGY TRANSFER L P COM UT LTD PTN 267K 16K –
ENOVA INTL INC COM 218K 4K –
ENTERPRISE PRODS PARTNERS L COM 302K 10K –
ETF OPPORTUNITIES TRUST APPLIED FINA VAL 20M 589K –
EXXON MOBIL CORP COM 1M 12K –
FIDUS INVT CORP COM 4M 189K –
FIFTH THIRD BANCORP COM 301K 8K –
FIRST BANCORP N C COM 216K 7K –
FREEPORT-MCMORAN INC CL B 207K 4K –
FS CREDIT OPPORTUNITIES CORP COMMON STOCK 124K 19K –
GENUINE PARTS CO COM 329K 2K –
GLOBAL PMTS INC COM 758K 8K –
GOLDMAN SACHS ETF TR ACTIVEBETA US LG 13M 119K –
HERSHEY CO COM 213K 1K –
HOME DEPOT INC COM 12M 35K –
HONEYWELL INTL INC COM 13M 59K –
INTERCONTINENTAL EXCHANGE IN COM 9M 68K –
INTERNATIONAL BUSINESS MACHS COM 416K 2K –
INTERNATIONAL FLAVORS&FRAGRA COM 214K 2K –
INTUIT COM 2M 3K –
INTUITIVE SURGICAL INC COM NEW 219K 492 –
INVESCO EXCH TRD SLF IDX FD BULETSHS 2029 3M 145K –
INVESCO EXCH TRD SLF IDX FD BULETSHS 2031 CP 2M 113K –
INVESCO EXCH TRD SLF IDX FD BULSHS 2024 CB 2M 85K –
INVESCO EXCH TRD SLF IDX FD BULSHS 2025 CB 3M 151K –
INVESCO EXCH TRD SLF IDX FD BULSHS 2026 CB 3M 142K –
INVESCO EXCH TRD SLF IDX FD BULSHS 2027 CB 3M 160K –
INVESCO EXCH TRD SLF IDX FD INVSCO 30 CORP 3M 154K –
INVESCO EXCH TRD SLF IDX FD INVSCO BLSH 28 3M 126K –
INVESCO EXCHANGE TRADED FD T FTSE RAFI 1000 2M 40K –
INVESCO EXCHANGE TRADED FD T HIG YLD EQ DIV 207K 11K –
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 795K 5K –
INVESCO LTD SHS 180K 12K –
INVESCO QQQ TR UNIT SER 1 4M 9K –
ISHARES TR CORE S&P MCP ETF 7M 112K –
ISHARES TR CORE S&P500 ETF 33M 60K –
ISHARES TR ESG AWR MSCI USA 253K 2K –
ISHARES TR ESG AWR US AGRGT 615K 13K –
ISHARES TR ESG AWRE 1 5 YR 678K 28K –
ISHARES TR ESG MSCI LEADR 408K 4K –
ISHARES TR ESG SCRD S&P MID 220K 6K –
ISHARES TR EXPANDED TECH 1M 13K –
ISHARES TR FALN ANGLS USD 2M 61K –
ISHARES TR ISHARES SEMICDTR 8M 32K –
ISHARES TR RUS 1000 GRW ETF 269K 738 –
ISHARES TR S&P 500 GRWT ETF 3M 31K –
J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM 917K 16K –
J P MORGAN EXCHANGE TRADED F NASDAQ EQT PREM 1M 20K –
J P MORGAN EXCHANGE TRADED F ULTRA SHRT INC 3M 56K –
JOHNSON & JOHNSON COM 20M 139K –
JPMORGAN CHASE & CO. COM 17M 85K –
KENVUE INC COM 8M 434K –
KIMBERLY-CLARK CORP COM 246K 2K –
L3HARRIS TECHNOLOGIES INC COM 9M 40K –
LOCKHEED MARTIN CORP COM 1M 3K –
LOWES COS INC COM 10M 46K –
MATCH GROUP INC NEW COM 7M 224K –
MCDONALDS CORP COM 283K 1K –
MERCK & CO INC COM 21M 166K –
META PLATFORMS INC CL A 9M 18K –
MICROCHIP TECHNOLOGY INC. COM 11M 120K –
MICRON TECHNOLOGY INC COM 280K 2K –
MICROSOFT CORP COM 53M 119K –
NEXTERA ENERGY INC COM 8M 112K –
NOVO-NORDISK A S ADR 377K 3K –
NVIDIA CORPORATION COM 19M 150K –
ORACLE CORP COM 704K 5K –
PALANTIR TECHNOLOGIES INC CL A 336K 13K –
PALO ALTO NETWORKS INC COM 905K 3K –
PAYPAL HLDGS INC COM 202K 3K –
PEPSICO INC COM 11M 64K –
PIEDMONT OFFICE REALTY TR IN COM CL A 99K 14K –
POLARIS INC COM 500K 6K –
PPG INDS INC COM 230K 2K –
PROCTER AND GAMBLE CO COM 1M 9K –
RAYMOND JAMES FINL INC COM 257K 2K –
REALTY INCOME CORP COM 8M 149K –
RESTAURANT BRANDS INTL INC COM 7M 93K –
ROPER TECHNOLOGIES INC COM 20M 36K –
ROYAL BK CDA COM 737K 7K –
RTX CORPORATION COM 11M 111K –
SALESFORCE INC COM 9M 33K –
SCHWAB CHARLES CORP COM 850K 12K –
SCHWAB STRATEGIC TR US BRD MKT ETF 4M 58K –
SCHWAB STRATEGIC TR US LRG CAP ETF 2M 26K –
SCHWAB STRATEGIC TR US MID-CAP ETF 2M 29K –
SELECT SECTOR SPDR TR COMMUNICATION 2M 29K –
SELECT SECTOR SPDR TR ENERGY 8M 90K –
SELECT SECTOR SPDR TR FINANCIAL 6M 141K –
SELECT SECTOR SPDR TR RL EST SEL SEC 534K 14K –
SELECT SECTOR SPDR TR SBI CONS STPLS 8M 107K –
SELECT SECTOR SPDR TR SBI HEALTHCARE 295K 2K –
SELECT SECTOR SPDR TR SBI INT-UTILS 241K 4K –
SELECT SECTOR SPDR TR SBI MATERIALS 491K 6K –
SELECT SECTOR SPDR TR TECHNOLOGY 2M 9K –
SILVERCREST ASSET MGMT GROUP CL A 895K 57K –
SIMON PPTY GROUP INC NEW COM 334K 2K –
SOUTHERN CO COM 504K 6K –
SPDR S&P 500 ETF TR TR UNIT 61M 112K –
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 316K 591 –
STARBUCKS CORP COM 5M 63K –
STRYKER CORPORATION COM 13M 37K –
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 275K 2K –
TARGA RES CORP COM 335K 3K –
TESLA INC COM 564K 3K –
TEXAS INSTRS INC COM 15M 77K –
THERMO FISHER SCIENTIFIC INC COM 13M 23K –
THOR INDS INC COM 9M 100K –
TJX COS INC NEW COM 12M 109K –
TRUIST FINL CORP COM 12M 298K –
UNITEDHEALTH GROUP INC COM 24M 46K –
VANECK ETF TRUST MRNGSTR WDE MOAT 7M 78K –
VANECK ETF TRUST SEMICONDUCTR ETF 3M 11K –
VANGUARD ADMIRAL FDS INC 500 GRTH IDX F 905K 3K –
VANGUARD INDEX FDS LARGE CAP ETF 637K 3K –
VANGUARD INDEX FDS S&P 500 ETF SHS 2M 3K –
VANGUARD INDEX FDS TOTAL STK MKT 378K 1K –
VANGUARD INDEX FDS VALUE ETF 231K 1K –
VANGUARD SCOTTSDALE FDS INT-TERM CORP 773K 10K –
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 5M 67K –
VANGUARD SPECIALIZED FUNDS DIV APP ETF 2M 9K –
VANGUARD WHITEHALL FDS HIGH DIV YLD 1M 10K –
VANGUARD WORLD FD CONSUM STP ETF 2M 11K –
VANGUARD WORLD FD ESG US CORP BD 650K 10K –
VANGUARD WORLD FD ESG US STK ETF 830K 9K –
VANGUARD WORLD FD FINANCIALS ETF 2M 24K –
VANGUARD WORLD FD INF TECH ETF 268K 465 –
VERIZON COMMUNICATIONS INC COM 18M 429K –
VERTIV HOLDINGS CO COM CL A 213K 2K –
VISA INC COM CL A 9M 34K –
VISTA OUTDOOR INC COM 216K 6K –
WALMART INC COM 27M 398K –
WELLS FARGO CO NEW COM 217K 4K –
WILLIAMS SONOMA INC COM 2M 6K –
WISDOMTREE TR US QTLY DIV GRT 332K 4K –
ZOETIS INC CL A 9M 50K –