AdvisorCensus / Financial advisors / North Carolina / Charlotte / Novare Capital Management
Novare Capital Management is an SEC-registered investment advisory firm in Charlotte, NC, registered since 2003, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 24, 2026.
Quick answers
From the filingHow is Novare Capital Management compensated?
On its Form ADV (Item 5.E, October 2026), Novare Capital Management reports these compensation arrangements: a percentage of assets under its management.
Where is Novare Capital Management located?
Novare Capital Management's principal office is in Charlotte, NC, according to its Form ADV.
Is Novare Capital Management registered with the SEC or a state?
Novare Capital Management is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 117949.
How much does Novare Capital Management manage?
Novare Capital Management reports $1,917,148,677 in regulatory assets under management in its Form ADV filing dated August 24, 2026 (100% discretionary).
How have Novare Capital Management's assets and staff changed since 2021?
In the Form ADV data for Novare Capital Management: Regulatory assets under management: $1,224,687,540 in the October 2021 data and $1,917,148,677 in the October 2026 data, up 57%. Total employees: 20 in October 2021 and 23 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Novare Capital Management serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (440); individuals (other than high net worth individuals) (317).
Which custodians does Novare Capital Management use?
Novare Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.
Does Novare Capital Management report any disciplinary disclosures?
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/117949
Does Novare Capital Management state an account minimum?
Its Form ADV Part 2A brochure dated August 24, 2026 says: "The normal account minimum size is $500,000. The minimum is set at the discretion of the Advisor. Under certain circumstances, this account minimum may be negotiable."
What changed in Novare Capital Management's recent Form ADV filings?
In the July 2026 filing data: Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAccount minimum: $500,000 (the brochure says it may be waived or negotiated)
The brochure's wording
The normal account minimum size is $500,000. The minimum is set at the discretion of the Advisor. Under certain circumstances, this account minimum may be negotiable.
As stated in the firm's Form ADV Part 2A brochure dated August 24, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$1,917,148,677 as of October 2026, filing dated August 24, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2003 (23 years)
- Employees
- Total: 23. Performing investment advisory functions: 18.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.
- States registered or notice-filed
-
18 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $1,917,148,677 | 23 | August 24, 2026 |
| October 2025 | $1,723,889,710 | 23 | March 21, 2025 |
| October 2024 | $1,509,026,137 | 22 | September 25, 2024 |
| October 2023 | $1,322,652,050 | 22 | April 3, 2023 |
| October 2022 | $1,409,818,296 | 20 | June 9, 2022 |
| October 2021 | $1,224,687,540 | 20 | March 22, 2021 |
Regulatory assets under management: $1,224,687,540 in the October 2021 data and $1,917,148,677 in the October 2026 data, up 57%.
Total employees: 20 in October 2021 and 23 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- July 2026
- Updated its list of owners and control persons (Schedule A).
- April 2026
- Employees performing advisory functions went from 17 to 18.
- Regulatory assets under management went from $1,723,889,710 to $1,917,148,677 (+11%).
- Updated its list of owners and control persons (Schedule A).
- December 2025
- Registered or notice-filed in TN, WI.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Novare Capital Management (CRD 117949): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/novare-capital-management-charlotte-nc-117949