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

Williams & Novak Wealth Management, LLC

Independent wealth managerWestlake Village, CaliforniaCRD 324173SEC 801-128269websiteIAPD
Latest filing Sep 16, 2026
First filing on the tape Jun 2, 2023 · 20 filings
SEC status approved since Jul 6, 2023
RAUM
$343M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$334M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$68.6M
derived; firm RAUM over IAPD count
Employees
10
4 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$343M as of Aug 18, 2026
Feb 29, 2024$238M then
HNW client RAUM$298M as of Aug 18, 2026
Feb 29, 2024$204M then
State-registered IARs (5.B.3)4 as of Aug 18, 2026
Feb 29, 20243 then
Employees (5.A)8 as of Aug 18, 2026
Feb 29, 20243 then
Private funds: no history
RAUM +30% over the last fiscal yearIARs 3 to 4offices 4 to 5
Practice profile
derived from the filing of Sep 16, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
RAUM per advisor
$68.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
55derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.8MderivedHNW RAUM over HNW clients
Average account
$330,930derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
0.8derived6 offices incl. principal (1.F.5)
RAUM growth, one year
+30%derivedbetween the last two annual amendments
Advisor growth, one year
+33%derivedItem 5.B.3 between annual amendments
Client growth, one year
+12%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisers, publications, educational seminarsreportedItem 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
  • is an insurance broker or agent (6.A.6)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$298M87%
  • Individuals$36.1M11%
  • Pension and profit-sharing plans$7.8M2.3%
  • Charitable organizations$878,6510.3%
  • Corporations and businesses$14,4570.0%
Individual clients
168reported
HNW clients
107reported
Pension plan clients
10reported
Charitable clients
n/areported
Accounts
1,036reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.03 related_bd=true related_bank=false bd_reps=2.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Michael K De LuzParker Dam, Ca Aug 8, 202331 y7
Daniel NovakCertified Financial PlannerWestlake Village, Ca Oct 11, 202311 y6
Jacob WilliamsHomer, Ak Oct 12, 202325 y4
Tanya Michelle EscobedoSan Tan Valley, Az Mar 3, 202631 y5
Jacob Samuel DenzlerWestlake Village, Ca Sep 3, 202611 y0
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    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
      • K Michael De Luz · Ccocontrol
        since 06/2023 · owns less than 5%
      • Christopher Daniel Novak · Managing Membercontrol
        since 04/2019 · owns 25% to 50%
      • Jacob Williams · Managing Membercontrol
        since 04/2019 · owns 75% or more
      Related persons
      Schedule D 7.A
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Westlake Village, Ca · principal520
      Offices
      Schedule D 1.F, the 25 largest
      • Newport Beach, CA1 employees
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Employees · 8 to 10
        Aug 18, 2026 to Sep 16, 2026
      • Financial planning clients · 0 to 0
        Aug 18, 2026 to Sep 16, 2026
      • Other offices · 4 to 5
        Aug 18, 2026 to Sep 16, 2026
      • Succession · false to unset
        Aug 18, 2026 to Sep 16, 2026
      • Accounts · 831 to 1,036
        Sep 22, 2025 to Mar 31, 2026
      • Advisory employees · 3 to 4
        Sep 22, 2025 to Mar 31, 2026
      • BD registered reps · 1 to 2
        Sep 22, 2025 to Mar 31, 2026
      • HNW clients · 91 to 107
        Sep 22, 2025 to Mar 31, 2026
      • Individual clients · 155 to 168
        Sep 22, 2025 to Mar 31, 2026
      • Pension plan clients · 11 to 10
        Sep 22, 2025 to Mar 31, 2026
      • Employees · 3 to 8
        Sep 22, 2025 to Mar 31, 2026
      • State-registered IARs · 3 to 4
        Sep 22, 2025 to Mar 31, 2026
      • Discretionary RAUM · $264M to $343M
        Sep 22, 2025 to Mar 31, 2026
      • HNW RAUM · $224M to $298M
        Sep 22, 2025 to Mar 31, 2026
      • Individual RAUM · $32.3M to $36.1M
        Sep 22, 2025 to Mar 31, 2026
      • Pension RAUM · $6.3M to $7.8M
        Sep 22, 2025 to Mar 31, 2026
      • RAUM · $264M to $343M
        Sep 22, 2025 to Mar 31, 2026
      • Financial planning clients · 0 to 0
        Jun 17, 2025 to Sep 22, 2025
      • Accounts · 703 to 831
        Oct 25, 2024 to Mar 7, 2025
      • BD registered reps · 2 to 1
        Oct 25, 2024 to Mar 7, 2025
      • HNW clients · 81 to 91
        Oct 25, 2024 to Mar 7, 2025
      • Individual clients · 129 to 155
        Oct 25, 2024 to Mar 7, 2025
      • Pension plan clients · 5 to 11
        Oct 25, 2024 to Mar 7, 2025
      • Discretionary RAUM · $238M to $264M
        Oct 25, 2024 to Mar 7, 2025
      • HNW RAUM · $204M to $224M
        Oct 25, 2024 to Mar 7, 2025
      • Individual RAUM · $29.7M to $32.3M
        Oct 25, 2024 to Mar 7, 2025
      • Pension RAUM · $3.3M to $6.3M
        Oct 25, 2024 to Mar 7, 2025
      • RAUM · $238M to $264M
        Oct 25, 2024 to Mar 7, 2025
      • BD registered reps · 1 to 2
        Oct 9, 2024 to Oct 25, 2024
      • Advisory employees · 4 to 3
        Jul 19, 2024 to Oct 9, 2024
      • Employees · 4 to 3
        Jul 19, 2024 to Oct 9, 2024
      • State-registered IARs · 4 to 3
        Jul 19, 2024 to Oct 9, 2024
      • Other offices · 5 to 4
        Jul 19, 2024 to Oct 9, 2024
      • Advisory employees · 3 to 4
        Feb 29, 2024 to Jul 19, 2024
      • Employees · 3 to 4
        Feb 29, 2024 to Jul 19, 2024
      • State-registered IARs · 3 to 4
        Feb 29, 2024 to Jul 19, 2024
      • Other offices · 4 to 5
        Feb 29, 2024 to Jul 19, 2024
      • Accounts · 635 to 703
        Nov 21, 2023 to Feb 29, 2024
      • Charity clients · 1.0 to unset
        Nov 21, 2023 to Feb 29, 2024
      • HNW clients · 63 to 81
        Nov 21, 2023 to Feb 29, 2024
      Signals
      3 dated events
      • Michael K De Luz added a TX registration at Williams & Novak Wealth Management, Llc
        Sep 14, 2026 · New state registration · fact
      • 2 advisors left Dynamic (Phoenix, AZ) for Williams & Novak Wealth Management, LLC on the same day
        Nov 28, 2023 · Team lift-out · derived
      • Williams & Novack Wealth Management, Llc filed its initial SEC registration (Form ADV)
        Jun 2, 2023 · 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 phone
      213-300-1779reportedpublished by the firm, firm site, Sep 16, 2026
      Business phone
      626-514-2129reportedpublished by the firm, firm site, Sep 16, 2026
      Business phone
      626-689-7181reportedpublished by the firm, firm site, Sep 16, 2026
      Firm profile
      linkedin.com/company/williams-novak-wealth-management-llcreportedpublic record, Form ADV, Sep 17, 2026
      Website
      williamsnovakwm.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      626-689-7181reportedpublic record, Form ADV, Sep 16, 2026
      Contact form
      williamsnovakwm.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
      Team page
      williamsnovakwm.com/who-we-arereportedpublished 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
      $68.6Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026