{
  "crd_number": 327205,
  "slug": "novacap-management-financial-services-inc-brossard-quebec-327205",
  "primary_business_name": "NOVACAP MANAGEMENT FINANCIAL SERVICES INC.",
  "legal_name": "NOVACAP MANAGEMENT FINANCIAL SERVICES INC.",
  "dbas": [],
  "city": "Brossard, Quebec",
  "state": null,
  "country": "Canada",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2023-07-28",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 834793865.0,
  "raum_discretionary": 834793865.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 12,
  "advisory_employees": 12,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 834793865.0,
      "count": 13
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [
    "https://linkedin.com/company/novacap",
    "https://novacapcorp.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/327205",
  "city_as_filed": "BROSSARD, QUEBEC",
  "url": "https://advisorcensus.com/firm/novacap-management-financial-services-inc-brossard-quebec-327205",
  "display_name": "Novacap Management Financial Services Inc.",
  "summary": "Novacap Management Financial Services Inc. is an SEC-registered investment advisory firm in Brossard, Quebec, Canada, registered since 2023, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Novacap Management Financial Services Inc. (CRD 327205): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Novacap Management Financial Services Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Novacap Management Financial Services Inc. reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Novacap Management Financial Services Inc. located?",
      "a": "Novacap Management Financial Services Inc.'s principal office is in Brossard, Quebec, Canada, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Novacap Management Financial Services Inc. registered with the SEC or a state?",
      "a": "Novacap Management Financial Services Inc. is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 327205."
    },
    {
      "q": "How much does Novacap Management Financial Services Inc. manage?",
      "a": "Novacap Management Financial Services Inc. reports $834,793,865 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have Novacap Management Financial Services Inc.'s assets and staff changed since 2023?",
      "a": "In the Form ADV data for Novacap Management Financial Services Inc.: Regulatory assets under management: $357,778,666 in the October 2023 data and $834,793,865 in the October 2026 data, up 133%. Total employees: 9 in October 2023 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Novacap Management Financial Services Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (13)."
    },
    {
      "q": "Does Novacap Management Financial Services Inc. report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/327205"
    },
    {
      "q": "What changed in Novacap Management Financial Services Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 11 to 12. Regulatory assets under management went from $409,063,704 to $834,793,865 (+104%). Changed its office addresses in Toronto."
    }
  ],
  "filing_history": [
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 357778666.0,
      "total_employees": 9,
      "filing_date": "2023-08-08"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 492213997.0,
      "total_employees": 7,
      "filing_date": "2024-08-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 409063704.0,
      "total_employees": 11,
      "filing_date": "2025-03-26"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 834793865.0,
      "total_employees": 12,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 11 to 12.",
        "Regulatory assets under management went from $409,063,704 to $834,793,865 (+104%).",
        "Changed its office addresses in Toronto."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/novacap-management-financial-services-inc-brossard-quebec-327205.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 13,
      "fewer_than_5": false,
      "raum": 834793865.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/327205",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}