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.

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SEC-registered adviser

N•••• A•••••••

Independent wealth managerGreenville, South CarolinaCRD 157908SEC 801-78828websiteIAPD
Legal name N•••• A•••••••• L••
Latest filing Apr 29, 2026
First filing on the tape May 10, 2013 · 31 filings
SEC status approved since Nov 19, 2013
RAUM
$91.3M
reported, Item 5.F
Discretionary
65%
of RAUM
Private clients
65%
$59.3M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$30.4M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$91.3M as of Apr 29, 2026
Jan 31, 2014$110M then
HNW client RAUM$28.1M as of Apr 29, 2026
Mar 30, 2018$42.5M then
State-registered IARs (5.B.3)3 as of Apr 29, 2026
Jan 31, 20143 then
Employees (5.A)5 as of Apr 29, 2026
Jan 31, 20143 then
Private funds: no history
RAUM -55% over the last fiscal year-19% a year over threeIARs 0 to 3offices 4 to 1
Practice profile
derived from the filing of Apr 29, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
$30.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
89derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.7MderivedHNW RAUM over HNW clients
Average account
$242,090derivedRAUM over accounts (5.F.2.f)
Discretionary
65%derivedof RAUM
Institutional
35%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-55%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
-27%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$31.9M35%
  • Individuals$31.3M34%
  • High-net-worth individuals$28.1M31%
Individual clients
250reported
HNW clients
17reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
377reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.65 fund_share=0.0 institutional_share=0.35 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D•••• J••• K•••••••••Certified Financial Planner, Chartered Financial ConsultantNorth Myrtle Beach, Sc Jul 26, 202230 y2
C••••••••• G••••• C•••••••Greenville, ScJan 1, 202524 y4
J••••••• M•••• B•••••Greenville, ScJan 1, 202516 y2
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 headcount2 left over 36 months
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
  • B•••••• J•••••••• M•••• · Member & Ccocontrol
    since 03/2011 · owns 50% to 75%
  • C•••••••• C••••••••• G••••• · Membercontrol
    since 03/2011 · owns 50% to 75%
Related persons
Schedule D 7.A
Advisers that list N•••• A••••••• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Greenville, Sc · principal300
Simpsonville, Sc000
Offices
Schedule D 1.F, the 25 largest
  • North Myrtle Beach, SC1 employees
  • Simpsonville, SC1 employees
  • Van Wert, OH1 employees
  • , 1 employees
ADV anomalies
7 against comparable advisers; where to look, not conclusions
  • wealth to institutional shiftCombination · filing Apr 29, 2026
    private-client share fell 15 points or more while institutional share rose 15 points or more. RAUM $202,942,595 to $91,267,843, advisors 0 to 3, private clients 366 to 267, offices 4 to 1 (2025-02-28 to 2026-04-29)
    peers: independent wealth managers, under $100M (704)
  • client mix shiftChange between filings · filing Apr 29, 2026
    private-client share of RAUM moved from 84.0% to 65.0% between the annual amendments of 2025-02-28 and 2026-04-29
    peers: independent wealth managers, under $100M (704)
  • discretionary share shiftChange between filings · filing Apr 29, 2026
    discretionary share of RAUM moved from 84.0% to 65.0% between the annual amendments of 2025-02-28 and 2026-04-29
    peers: independent wealth managers, under $100M (704)
  • HNW share shiftChange between filings · filing Apr 29, 2026
    HNW share of RAUM moved from 64.0% to 31.0% between the annual amendments of 2025-02-28 and 2026-04-29
    peers: independent wealth managers, under $100M (704)
  • institutional asset share shiftChange between filings · filing Apr 29, 2026
    institutional share of RAUM moved from 16.0% to 35.0% between the annual amendments of 2025-02-28 and 2026-04-29
    peers: independent wealth managers, under $100M (704)
  • office count dropChange between filings · filing Apr 29, 2026
    offices other than the principal office (Item 1.F.5) moved from 4.0 to 1.0 (-75.0%) between the annual amendments of 2025-02-28 and 2026-04-29; the peer median change was 0.0% (34 comparable advisers, 3.0th percentile of changes)
    peers: independent wealth managers, under $100M (34) · 3.0% percentile
  • RAUM down 50 %Change between filings · filing Apr 29, 2026
    RAUM (Item 5.F) moved from $202,942,595 to $91,267,843 (-55.0%) between the annual amendments of 2025-02-28 and 2026-04-29; the peer median change was +8.0% (219 comparable advisers, 6.0th percentile of changes)
    peers: independent wealth managers, under $100M (219) · 6.4% percentile
What changed
consecutive filings, newest first
  • Accounts · 617 to 377
    Feb 6, 2026 to Mar 27, 2026
  • HNW clients · 50 to 17
    Feb 6, 2026 to Mar 27, 2026
  • Individual clients · 316 to 250
    Feb 6, 2026 to Mar 27, 2026
  • Pension plan clients · 3.0 to unset
    Feb 6, 2026 to Mar 27, 2026
  • Employees · 4 to 5
    Feb 6, 2026 to Mar 27, 2026
  • State-registered IARs · 0 to 3
    Feb 6, 2026 to Mar 27, 2026
  • Other offices · 2 to 1
    Feb 6, 2026 to Mar 27, 2026
  • Discretionary RAUM · $171M to $59.3M
    Feb 6, 2026 to Mar 27, 2026
  • HNW RAUM · $130M to $28.1M
    Feb 6, 2026 to Mar 27, 2026
  • Individual RAUM · $41.1M to $31.3M
    Feb 6, 2026 to Mar 27, 2026
  • Non-discretionary RAUM · $31.9M to $31.9M
    Feb 6, 2026 to Mar 27, 2026
  • Pension RAUM · $31.9M to $31.9M
    Feb 6, 2026 to Mar 27, 2026
  • RAUM · $203M to $91.3M
    Feb 6, 2026 to Mar 27, 2026
  • Other offices · 1 to 2
    Jun 17, 2025 to Feb 6, 2026
  • Financial planning clients · unset to
    Feb 28, 2025 to Jun 17, 2025
  • Other offices · 4 to 1
    Feb 28, 2025 to Jun 17, 2025
  • Accounts · 559 to 617
    Nov 18, 2024 to Feb 28, 2025
  • Advisory employees · 5 to 3
    Nov 18, 2024 to Feb 28, 2025
  • HNW clients · 62 to 50
    Nov 18, 2024 to Feb 28, 2025
  • Individual clients · 259 to 316
    Nov 18, 2024 to Feb 28, 2025
  • Pension plan clients · unset to 3.0
    Nov 18, 2024 to Feb 28, 2025
  • Employees · 7 to 4
    Nov 18, 2024 to Feb 28, 2025
  • State-registered IARs · 5 to 0
    Nov 18, 2024 to Feb 28, 2025
  • Discretionary RAUM · $132M to $171M
    Nov 18, 2024 to Feb 28, 2025
  • HNW RAUM · $113M to $130M
    Nov 18, 2024 to Feb 28, 2025
  • Individual RAUM · $33.5M to $41.1M
    Nov 18, 2024 to Feb 28, 2025
  • Non-discretionary RAUM · $79.5M to $31.9M
    Nov 18, 2024 to Feb 28, 2025
  • Pension RAUM · $65.3M to $31.9M
    Nov 18, 2024 to Feb 28, 2025
  • RAUM · $212M to $203M
    Nov 18, 2024 to Feb 28, 2025
  • Other offices · 3 to 4
    Mar 26, 2024 to Nov 18, 2024
  • Accounts · 498 to 559
    Mar 22, 2023 to Mar 26, 2024
  • HNW clients · 63 to 62
    Mar 22, 2023 to Mar 26, 2024
  • Individual clients · 236 to 259
    Mar 22, 2023 to Mar 26, 2024
  • Discretionary RAUM · $106M to $132M
    Mar 22, 2023 to Mar 26, 2024
  • HNW RAUM · $78.1M to $113M
    Mar 22, 2023 to Mar 26, 2024
  • Individual RAUM · $39.4M to $33.5M
    Mar 22, 2023 to Mar 26, 2024
  • Non-discretionary RAUM · $68.9M to $79.5M
    Mar 22, 2023 to Mar 26, 2024
  • Pension RAUM · $57.2M to $65.3M
    Mar 22, 2023 to Mar 26, 2024
  • RAUM · $175M to $212M
    Mar 22, 2023 to Mar 26, 2024
  • Accounts · 320 to 498
    May 31, 2022 to Mar 15, 2023
Signals
4 dated events
  • N•••• A••••••• reported RAUM $91.3M, down 55% from $202.9M (2026-02-06 to 2026-03-27)
    Mar 27, 2026 · RAUM change · derived
  • R•••••• A•••• H•••••••• left N•••• A••••••• for B••••••• W••••• M••••••••• (registered 2025-06-30)
    Jun 17, 2025 · Advisor changed firm · fact
  • J••• D••••• R•••• left N•••• A••••••• for B••• S••• W••••• M••••••••• L•• (registered 2021-06-07)
    Jun 17, 2025 · Advisor changed firm · fact
  • N•••• A••••••• filed its initial SEC registration (Form ADV)
    May 10, 2013 · 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
Business email
contact@novusadvisors.comreportedpublished by the firm, firm site, Sep 16, 2026
Business email
dknap@novusadvisors.comreportedpublished by the firm, firm site, Sep 16, 2026
Business phone
864-272-3579reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
877-661-9848reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
888-675-2226reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
linkedin.com/company/novus-advisorsreportedpublic record, Form ADV, Sep 18, 2026
Website
N••••ADVISORS.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
864-272-3579reportedpublic record, Form ADV, Apr 29, 2026
Team page
novusadvisors.com/our-team-full-page-0-jennifer-m-belshereportedpublished by the firm, firm site, Sep 16, 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
$30.4Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026