NOVA FINANCIAL SERVICES
NOVA FINANCIAL LLC Legal Name
Adviser information for NOVA FINANCIAL SERVICES last updated from Form ADV on March 25th, 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 | Arizona, United States |
Employees
| Total Number of Employees | 7 |
|---|---|
| Investment Advisory/Research | 7 |
| Registered Broker-Dealer Representatives | 2 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 6 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,324 | $340.1M |
| Non-Discretionary | 10 | $2.4M |
| Total | 1,334 | $342.5M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 607 | $237.8M |
| HNW Individuals | 102 | $103.2M |
| 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 | $112,964 |
| Charitable organizations | <5 | $1.0M |
| 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 | $318,887 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)Educational seminars/workshops |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
| Other Business Activities | Registered representative of a broker-dealerInsurance broker or agent |
Identifiers
| SEC RIA File Number | 801-79612 |
|---|---|
| SEC ERA File Number | 801-79612 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 150148 |
| Legal Entity Identifier | None |
Principal Office
1630 E RIVER RDSUITE 212
TUCSON
AZ
United States
Monday - Friday, 8:00AM-5:00PM
Tel: 520-745-5555, Fax: 520-901-1810
Chief Compliance Officer
JACOB KAGELE
CHIEF COMPLIANCE OFFICER
1630 E RIVER RD
STE 212
TUCSON
AZ
United States
Tel:
520-202-2375
J***@*****************M
(Full email address available in API data)
Regulatory Contact
BLAKE BJORDAHL
COMPLIANCE CONSULTANT
1630 E RIVER RD
SUITE 212
TUCSON
AZ
United States
C*********@*****************M
(Full email address available in API data)
Industry Affiliates
| DEBENEDETTI & CO. | Accountant or accounting firm |
| MUTUAL ADVISORS, LLC | Other investment adviser, including financial planners |
| MUTUAL SECURITIES, INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| NOVA FINANCIAL SERVICES | Insurance company or agency |
| NOVA HOME LOANS | Banking or thrift institution |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| KAGELE, JACOB, RAY | Individual | BFD, LLC | MANAGING MEMBER | 09/2012 | > 75% |
| BFD, LLC | Domestic Entity | – | MANAGING MEMBER | 09/2012 | 25-50% |
| KAGELE, JACOB, RAY | Individual | – | MANAGING PARTNER / CCO | 05/2009 | 25-50% |
| NOVA FINANCIAL HOLDING COMPANY, LLC | Domestic Entity | – | MANAGER MANAGED | 07/2014 | 50-75% |
| JON DAVID VOLPE & HEATHER LEANN VOLPE REVOCABLE TRUST | Domestic Entity | NOVA FINANCIAL HOLDING, LLC | TRUST | 07/2014 | > 75% |
| DESMOND, RAYMOND, MICHAEL | Individual | NOVA FINANCIAL HOLDING COMPANY, LLC | MANAGING MEMBER | 07/2014 | |
| VOLPE, JON, DAVID | Individual | JON DAVID VOLPE & HEATHER LEANN VOLPE REVOCABLE TRUST | TRUSTEE | 07/2014 | > 75% |
| NOVA FINANCIAL HOLDING LLC | Domestic Entity | NOVA FINANCIAL & INSURANCE SERVICES | CORPORATION | 07/2014 | > 75% |
| Volpe, Heather, Leann | Individual | JON DAVID VOLPE & HEATHER LEANN VOLPE REVOCABLE TRUST | TRUSTEE | 07/2014 | > 75% |