DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Novak & Powell Financial Services, Inc.

Independent wealth managerSt. Petersburg, FloridaCRD 112970SEC 801-108964websiteIAPD
Latest filing Mar 22, 2026
First filing on the tape Jan 10, 2017 · 21 filings
SEC status approved since Jan 24, 2017
RAUM
$359M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$359M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$44.9M
derived; firm RAUM over IAPD count
Employees
7
7 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$359M as of Mar 22, 2026
Mar 27, 2018$166M then
HNW client RAUM: no history
State-registered IARs (5.B.3)7 as of Mar 22, 2026
Mar 27, 20184 then
Employees (5.A)7 as of Mar 22, 2026
Mar 27, 20184 then
Private funds: no history
RAUM +7.7% over the last fiscal year+12% a year over threeIARs 8 to 7
Practice profile
derived from the filing of Mar 22, 2026; every figure names its basis
RAUM per advisor
$44.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$380,386derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
0.9derivedItem 5.A over advisors
Advisors per office
1.6derived5 offices incl. principal (1.F.5)
RAUM growth, one year
+7.7%derivedbetween the last two annual amendments
Advisor growth, one year
-13%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 5.G
Custody
$4.2M, 1 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$359M100%
Individual clients
426reported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
945reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$4.2M for 1 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Joshua D PowellSt. Petersburg, FlMay 6, 201126 y2
David William NovakSt. Petersburg, FlMay 28, 201426 y2
Eric Quinten GieslerSt. Petersburg, Fl Oct 22, 201923 y2
Terry Ray CarrLargo, Fl Jan 17, 202034 y2
Samuel Douglas CornellTucson, AzNov 29, 202138 y1
Alan Keith GoldfarbCertified Financial PlannerSt. Petersburg, FlAug 5, 202246 y7
Gregg Stephen DucatteLargo, Fl Jan 1, 202533 y3
Belinda Jean SheffieldSt. Petersburg, FlJan 23, 202643 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • William David Novak · Principal, Chief Compliance Officercontrol
    since 09/2013 · owns 50% to 75%
  • D Joshua Powell · Principalcontrol
    since 09/2013 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
St Petersburg, Fl710
Largo, Fl200
Offices
Schedule D 1.F, the 25 largest
  • Boulder, CO1 employees
  • Largo, FL1 employees
  • Tucson, AZ1 employees
  • , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • custody status changedChange between filings · filing Mar 22, 2026
    custody of client assets (Item 9.A): no on the filing of 2025-03-28, yes on the filing of 2026-03-22
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 952 to 945
    Mar 28, 2025 to Mar 22, 2026
  • Advisory employees · 8 to 7
    Mar 28, 2025 to Mar 22, 2026
  • Individual clients · 442 to 426
    Mar 28, 2025 to Mar 22, 2026
  • Assets in custody · unset to 4189722.0
    Mar 28, 2025 to Mar 22, 2026
  • Custody of client assets · false to true
    Mar 28, 2025 to Mar 22, 2026
  • Employees · 8 to 7
    Mar 28, 2025 to Mar 22, 2026
  • State-registered IARs · 8 to 7
    Mar 28, 2025 to Mar 22, 2026
  • Discretionary RAUM · $334M to $359M
    Mar 28, 2025 to Mar 22, 2026
  • Individual RAUM · $334M to $359M
    Mar 28, 2025 to Mar 22, 2026
  • RAUM · $334M to $359M
    Mar 28, 2025 to Mar 22, 2026
  • Accounts · 1,043 to 952
    Mar 28, 2024 to Mar 28, 2025
  • Individual clients · 436 to 442
    Mar 28, 2024 to Mar 28, 2025
  • Financial planning clients · 0 to 0
    Mar 28, 2024 to Mar 28, 2025
  • Discretionary RAUM · $306M to $334M
    Mar 28, 2024 to Mar 28, 2025
  • Individual RAUM · $306M to $334M
    Mar 28, 2024 to Mar 28, 2025
  • RAUM · $306M to $334M
    Mar 28, 2024 to Mar 28, 2025
  • Accounts · 970 to 1,043
    Dec 15, 2023 to Mar 28, 2024
  • Advisory employees · 10 to 8
    Dec 15, 2023 to Mar 28, 2024
  • Individual clients · 459 to 436
    Dec 15, 2023 to Mar 28, 2024
  • Employees · 10 to 8
    Dec 15, 2023 to Mar 28, 2024
  • State-registered IARs · 10 to 8
    Dec 15, 2023 to Mar 28, 2024
  • Other offices · 3 to 4
    Dec 15, 2023 to Mar 28, 2024
  • Discretionary RAUM · $256M to $306M
    Dec 15, 2023 to Mar 28, 2024
  • Individual RAUM · $256M to $306M
    Dec 15, 2023 to Mar 28, 2024
  • RAUM · $256M to $306M
    Dec 15, 2023 to Mar 28, 2024
  • Accounts · 1,018 to 970
    Dec 11, 2022 to Mar 29, 2023
  • Advisory employees · 9 to 10
    Dec 11, 2022 to Mar 29, 2023
  • Individual clients · 437 to 459
    Dec 11, 2022 to Mar 29, 2023
  • Employees · 9 to 10
    Dec 11, 2022 to Mar 29, 2023
  • State-registered IARs · 9 to 10
    Dec 11, 2022 to Mar 29, 2023
  • Discretionary RAUM · $296M to $256M
    Dec 11, 2022 to Mar 29, 2023
  • Individual RAUM · $296M to $256M
    Dec 11, 2022 to Mar 29, 2023
  • RAUM · $296M to $256M
    Dec 11, 2022 to Mar 29, 2023
  • Accounts · 265 to 1,018
    Nov 3, 2021 to Mar 31, 2022
  • Advisory employees · 8 to 9
    Nov 3, 2021 to Mar 31, 2022
  • Individual clients · 265 to 437
    Nov 3, 2021 to Mar 31, 2022
  • Employees · 8 to 9
    Nov 3, 2021 to Mar 31, 2022
  • State-registered IARs · 8 to 9
    Nov 3, 2021 to Mar 31, 2022
  • Other offices · 1 to 3
    Nov 3, 2021 to Mar 31, 2022
  • Discretionary RAUM · $239M to $296M
    Nov 3, 2021 to Mar 31, 2022
Signals
2 dated events
  • Vincent Edward Sobocinski left Novak & Powell Financial Services, Inc. for Stratos Wealth Advisors Llc (registered 2023-06-07)
    Jun 14, 2023 · Advisor changed firm · fact
  • Novak & Powell Financial Services, Inc. filed its initial SEC registration (Form ADV)
    Jan 10, 2017 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Website
carrteam.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
727-451-3440reportedpublic record, Form ADV, Mar 22, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$44.9Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026