The NOVEM GROUP is a privately held investment adviser that advises $1.72Bn in regulatory assets under management held in 0 SEC fund types across 0 investment strategies. NOVEM GROUP is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets increased by 106.35% over the last 5-years.
The Group has been registered with the SEC for 14.87 years and is comprised of 1 filing and 0 relying advisers. They operate out of 9 office locations with their Headquarters at 350 LINDEN OAKS SUITE 140, ROCHESTER, NEW YORK. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 52 employees comprised of 50 investment and 2 non-investment staff. The total number of Employees increased by 6.12% over the last 5-years.
Their $1.72Bn in assets advised are owned by 0 private funds, 0 public funds and BDCs and 140 other accounts. Assets of Individuals clients own $825.72mn or 48.07% of Total Assets and High Net Worth Individuals own $546.93mn or 31.84% of Total Assets.
The Group's top investment strategies include , representing of total assets, respectively.
They advise 5 types of clients, top clients are Individuals and High Net Worth Individuals.
The Group uses 0 Fund Administrators, 0 Fund Auditors, 0 Prime Brokers, 0 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses fixed fees and management fees.
NOVEM GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.