Nova Financial provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars. Financial planning was provided to 1–10 clients last fiscal year.
Nova Financial reports 738 clients. They include 594 individual clients and 144 high-net-worth individuals. Of its assets, 99.9% ($469M across 1,384 accounts) are managed with discretion; $546K across 4 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 80% | 41% |
| High-net-worth individuals | 20% | 59% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 594 | $193M | 41.0% | $324K |
| High-net-worth individuals | 144 | $277M | 59.0% | $1.92M |
| Total | 738 | $469M | 100% | $636K |
- Clients
- 594
- Regulatory AUM
- $193M
- AUM share
- 41.0%
- Avg. per client
- $324K
- Clients
- 144
- Regulatory AUM
- $277M
- AUM share
- 59.0%
- Avg. per client
- $1.92M
Total
- Clients
- 738
- Regulatory AUM
- $469M
- AUM share
- 100%
- Avg. per client
- $636K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Nova Financial charges 1.75%–2.50% a year for its Comprehensive Portfolio Management. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning & Consulting
- Hourly fees generally range from $100 to $500 and flat fees from $1,500 to $10,000, based on the scope and complexity of the engagement.
- Pension Consulting
- Pension consulting is charged on the same asset tiers as comprehensive portfolio management, at a maximum annual 2.50% to 1.75% of assets.
Nova Financial Holding Company, LLC owns 50% to 75% of Nova Financial. It has 10 employees, 7 of them in advisory roles.
Staff
- 10 employees
- 7 in advisory functions
- 7 state-registered reps
- 5 insurance agents
- Owns 75% or more of Nova Financial LLC
Nova Financial Holding LLC
Control person · since July 2014
- Owns 75% or more of Nova Financial Holding LLC
Jon David Volpe & Heather Leann Volpe Irrevocable Trust
Control person · since July 2014
- Owns 75% or more of Jon David Volpe & Heather Leann Volpe Irrevocable Trust
Jon Volpe
Control person · since July 2014
- Owns 75% or more of Jon David Volpe & Heather Leann Volpe Irrevocable Trust
Heather Volpe
Control person · since July 2014
- Owns 50% to 75% of Nova Financial LLC
Nova Financial Holding Company, LLC
Control person · since July 2014
- Owns 25% to 50% of Nova Financial LLC
Jacob Kagele
Control person · since May 2009
- Owns 25% to 50% of Nova Financial LLC
BFD, LLC
since September 2012
Nova Financial’s regulatory assets grew 1.9× from $253M (March 2021) to $469M (March 2026); clients were 738 in both filings and employees rose from 9 to 10.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $469M | 738 | 10 | 2 |
| Jul 2025July 2025 | $391M | 737 | 7 | 2 |
| Mar 2024March 2024 | $342M | 709 | 7 | 2 |
| Mar 2023March 2023 | $290M | 808 | 8 | 2 |
| Mar 2022March 2022 | $308M | 808 | 9 | 2 |
| Mar 2021March 2021 | $253M | 776 | 9 | 2 |
Besides its headquarters, Nova Financial has 1 office, with 2 listed addresses across 2 states.
Arizona · 1 listed address
- 1630 E River RD, Suite 212, TucsonHQ
Colorado · 1 listed address
- 4659 Centenial BLVD, Colorado Springs
Other business names
Nova Financial has reported 3 other business names to the SEC.
- Arizona Financial Plan
- Nova Financial Services
- Quantum Wealth Strategies
Contact and registration details
- Legal name
- Nova Financial LLC
- Headquarters
- 1630 E River RD, Suite 212, Tucson, AZ 85718
- Website
- yourfuturebynova.com
- Phone
- 520-745-5555
- @nova-financial-services
- SEC file
- 801-79612
- Structure
- Arizona LLC
- Fiscal year end
- December
Nova Financial’s named custodian for separately managed accounts is Charles Schwab ($469M). Nova Financial does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $469M100%
At year end, Nova Financial’s separately managed accounts were mostly in stocks (54%) and funds (20%).
What the accounts hold
- Stocks54%
- Funds20%
- Bonds20%
- Cash6%
How many clients does Nova Financial have?
Nova Financial has 738 clients and manages $469 million for them, as of March 2026. They include 594 individual clients and 144 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 March 2026
What services does Nova Financial offer?
Nova Financial provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Nova Financial charge?
Nova Financial charges 1.75%–2.50% a year for its Comprehensive Portfolio Management. The fee is billed in advance and is negotiable.
Source: NF - ADV PART 2A: FIRM BROCHURE, filed 29 March 2026
Which custodians does Nova Financial use?
Nova Financial’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $469M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 March 2026
How many financial advisors does Nova Financial have?
Nova Financial has 7 investment adviser representatives registered with state securities authorities, out of 10 employees, and 7 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 5 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Nova Financial invest in?
At the end of its last fiscal year, Nova Financial’s separately managed accounts held 54% exchange-traded equities, 20% investment grade corporate bonds, 20% registered funds (mutual funds, ETFs, BDCs) and 6% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Nova Financial?
Nova Financial is owned through a chain of holding companies by Jon and Heather Volpe. Its direct owners are Jacob Kagele (25% to 50%), BFD, LLC (25% to 50%), Nova Financial Holding Company, LLC (50% to 75%) and Nova Financial Holding LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 29 March 2026
How does Nova Financial get paid?
Nova Financial is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Nova Financial?
Nova Financial’s main office is at 1630 E River RD, Suite 212, Tucson, AZ 85718. Its phone number is 520-745-5555. Its website is yourfuturebynova.com.
