Nova Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 1–10 clients last fiscal year.
Nova Wealth Management reports 268 clients. They include 203 individual clients and 65 high-net-worth individuals. Of its assets, 89.8% ($222M across 717 accounts) are managed with discretion; $25.2M across 22 accounts are not. It advised 3 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 76% | 22% |
| High-net-worth individuals | 24% | 78% |
| Banking or thrift institutions | 0% | 0% |
| Pension and profit-sharing plans | 0% | 0% |
| Charitable organizations | 0% | 0% |
| Other client typesState or municipal government entities; Other investment advisers; Insurance companies; Sovereign wealth funds and foreign official institutions; Corporations and other businesses | 0% | 0% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 203 | $53.7M | 21.7% | $265K |
| High-net-worth individuals | 65 | $194M | 78.3% | $2.98M |
| Banking or thrift institutions | Fewer than 5 | $0 | 0.0% | — |
| Pension and profit-sharing plans | Fewer than 5 | $0 | 0.0% | — |
| Charitable organizations | Fewer than 5 | $0 | 0.0% | — |
| State or municipal government entities | Fewer than 5 | $0 | 0.0% | — |
| Other investment advisers | Fewer than 5 | $0 | 0.0% | — |
| Insurance companies | Fewer than 5 | $0 | 0.0% | — |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 | 0.0% | — |
| Corporations and other businesses | Fewer than 5 | $0 | 0.0% | — |
| Total | 268 | $248M | 100% | — |
- Clients
- 203
- Regulatory AUM
- $53.7M
- AUM share
- 21.7%
- Avg. per client
- $265K
- Clients
- 65
- Regulatory AUM
- $194M
- AUM share
- 78.3%
- Avg. per client
- $2.98M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 268
- Regulatory AUM
- $248M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 3
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Nova Wealth Management charges 0.60%–1.50% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $1,000 annual minimum. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$250K | 1.50% |
| $250K–$500K | 1.20% |
| $500K–$1M | 1.05% |
| $1M–$3M | 0.90% |
| $3M–$5M | 0.75% |
| $5M and above | 0.60% |
Fee details and sources
Other fees
- Financial planning
- Financial planning is billed at $250 an hour, with an estimated fee given before work starts: half at signing and the balance on delivery.
- Retirement plan consulting
- Plan consulting is a percentage of plan assets agreed with the plan sponsor, generally a maximum of 1.5% annually and negotiable.
Amy Novakovich owns 50% to 75% of Nova Wealth Management. The leadership team of Nova Wealth Management includes President James Novakovich and Chief Compliance Officer Amy Novakovich. It has 7 employees.
Staff
- 7 employees
- 7 in advisory functions
- 7 state-registered reps
- 4 insurance agents
- 2 soliciting firms
- Owns 50% to 75% of Nova Wealth Management, Inc.
Amy Novakovich
Control person · since November 2013
- Owns 50% to 75% of Nova Wealth Management, Inc.
James Novakovich
Control person · since November 2013
Nova Wealth Management’s regulatory assets grew 2.2× from $114M (June 2023) to $248M (March 2026); clients rose from 254 to 268 and employees fell from 9 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $248M | 268 | 7 | 3 |
| Jul 2025July 2025 | $191M | 268 | 7 | 2 |
| Jun 2024June 2024 | $152M | 253 | 7 | 2 |
| Jun 2023June 2023 | $114M | 254 | 9 | 1 |
Besides its headquarters, Nova Wealth Management has 2 offices, with 3 listed addresses across 2 states.
Florida · 2 listed addresses
- 24311 Walden Center DR, Suite 200, Bonita SpringsHQ
- 780 5th Ave S Suite 200, Naples
Texas · 1 listed address
- 5956 Sherry LN., Dallas
Contact and registration details
- Legal name
- Nova Wealth Management, Inc.
- Headquarters
- 24311 Walden Center DR, Suite 200, Bonita Springs, FL 34134
- Website
- novawealthmanagement.com
- Phone
- 239-444-1794
- SEC file
- 801-128016
- Founded
- 2012
- Structure
- Florida corporation
- Fiscal year end
- December
Nova Wealth Management’s named custodians for separately managed accounts are Fidelity ($63.4M, 51%) and Charles Schwab ($62M, 49%). Nova Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $62M49%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $63.4M51%
At year end, Nova Wealth Management’s separately managed accounts were mostly in funds (61%) and stocks (21%). Its reported 13F holdings for the quarter ended 30 June 2026 total $181M across 570 positions; the largest are Invesco S&P 500 Momentum ETF (6.6%), First Trust Smith Unconstrained Bond ETF (3.0%) and iShares Russell Top 200 Growth ETF (2.6%).
What the accounts hold
- Stocks21%
- Exchange-traded equities20%
- Non-exchange-traded equities1%
- Funds61%
- Bonds11%
- Investment grade corporate bonds7%
- U.S. government and agency bonds3%
- State and local bonds1%
- Cash4%
- Other3%
- Reit and cds2%
- Derivatives1%
How many clients does Nova Wealth Management have?
Nova Wealth Management has 268 clients and manages $248 million for them, as of March 2026. They include 203 individual clients and 65 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Nova Wealth Management offer?
Nova Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Nova Wealth Management charge?
Nova Wealth Management charges 0.60%–1.50% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $1,000 annual minimum.
Which custodians does Nova Wealth Management use?
Nova Wealth Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $63.4M and Charles Schwab & Co., Inc. (Westlake, TX), with $62M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Nova Wealth Management have?
Nova Wealth Management has 7 investment adviser representatives registered with state securities authorities, out of 7 employees, and 7 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 4 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 Wealth Management invest in?
At the end of its last fiscal year, Nova Wealth Management’s separately managed accounts held 61% registered funds (mutual funds, ETFs, BDCs), 20% exchange-traded equities, 7% investment grade corporate bonds, 4% cash and equivalents, 3% U.S. government and agency bonds, 2% other, 1% non-exchange-traded equities, 1% state and local bonds and 1% derivatives. The 2% other category is described as: Reit and CDS.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Nova Wealth Management?
Nova Wealth Management’s direct owners are Amy Novakovich (50% to 75%) and James Novakovich (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Nova Wealth Management get paid?
Nova Wealth Management is paid through a percentage of assets under management and hourly charges. 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 Wealth Management?
Nova Wealth Management’s main office is at 24311 Walden Center DR, Suite 200, Bonita Springs, FL 34134. Its phone number is 239-444-1794. Its website is novawealthmanagement.com.
