{
  "crd_number": 157908,
  "slug": "novus-advisors-greenville-sc-157908",
  "primary_business_name": "NOVUS ADVISORS",
  "legal_name": "NOVUS ADVISORS, LLC",
  "dbas": [],
  "city": "Greenville",
  "state": "SC",
  "country": "United States",
  "cbsa_code": "24860",
  "metro": {
    "cbsa_code": "24860",
    "common_name": "Greenville",
    "msa_name": "Greenville-Anderson-Greer, SC",
    "path": "/advisors/sc/greenville"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2013-11-19",
  "years_registered": 12,
  "period": "2026-10-01",
  "filing_date": "2026-04-29",
  "carried_forward": false,
  "raum_total": 91267843.0,
  "raum_discretionary": 59338134.0,
  "raum_non_discretionary": 31929709.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 5,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 31261603.0,
      "count": 250
    },
    "pension_profit_sharing": {
      "raum": 31929709.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 28076531.0,
      "count": 17
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "CA",
    "CT",
    "FL",
    "GA",
    "IN",
    "LA",
    "MA",
    "MD",
    "NC",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NY",
    "OH",
    "PA",
    "SC",
    "TN",
    "TX",
    "VA"
  ],
  "websites": [
    "https://facebook.com/novusadvisors",
    "https://instagram.com/novusadvisors",
    "https://linkedin.com/company/novus-advisors",
    "https://novusadvisors.com",
    "https://twitter.com/novus_advisors"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/157908",
  "city_as_filed": "GREENVILLE",
  "url": "https://advisorcensus.com/firm/novus-advisors-greenville-sc-157908",
  "display_name": "Novus Advisors",
  "summary": "Novus Advisors is an SEC-registered investment advisory firm in Greenville, SC, registered since 2013, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated April 29, 2026.",
  "citation": "AdvisorCensus. Novus Advisors (CRD 157908): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Novus Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Novus Advisors reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Novus Advisors located?",
      "a": "Novus Advisors' principal office is in Greenville, SC, according to its Form ADV; the May 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Novus Advisors registered with the SEC or a state?",
      "a": "Novus Advisors is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 157908."
    },
    {
      "q": "How much does Novus Advisors manage?",
      "a": "Novus Advisors reports $91,267,843 in regulatory assets under management in its Form ADV filing dated April 29, 2026 (65% discretionary)."
    },
    {
      "q": "How have Novus Advisors' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Novus Advisors: Regulatory assets under management: $182,790,259 in the October 2021 data and $91,267,843 in the October 2026 data, down 50%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Novus Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (250); high net worth individuals (17)."
    },
    {
      "q": "Which custodians does Novus Advisors use?",
      "a": "Novus Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Epic Retirement Plan Services as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Novus Advisors 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/157908"
    },
    {
      "q": "Does Novus Advisors state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 27, 2026 says: \"Novus Advisors does not impose a minimum account balance for the opening of an account with the Adviser.\" \"Novus does not have a minimum account size.\""
    },
    {
      "q": "What changed in Novus Advisors' recent Form ADV filings?",
      "a": "In the April 2026 filing data: No longer lists the business name Blue Star Wealth Management, LLC. Regulatory assets under management went from $202,942,595 to $91,267,843 (-55%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 182790259.0,
      "total_employees": 5,
      "filing_date": "2021-08-10"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 164433288.0,
      "total_employees": 5,
      "filing_date": "2022-05-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 174682381.0,
      "total_employees": 7,
      "filing_date": "2023-03-22"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 211796328.0,
      "total_employees": 7,
      "filing_date": "2024-03-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 202942595.0,
      "total_employees": 4,
      "filing_date": "2025-06-17"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 91267843.0,
      "total_employees": 5,
      "filing_date": "2026-04-29"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "No longer lists the business name Blue Star Wealth Management, LLC.",
        "Regulatory assets under management went from $202,942,595 to $91,267,843 (-55%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 27, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Novus Advisors does not impose a minimum account balance for the opening of an account with the Adviser.",
          "Novus does not have a minimum account size."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Novus Advisors does not impose a minimum account balance for the opening of an account with the Adviser.",
      "Novus does not have a minimum account size."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Epic Retirement Plan Services",
      "name_as_filed": "EPIC RETIREMENT PLAN SERVICES",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/novus-advisors-greenville-sc-157908.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 250,
      "fewer_than_5": false,
      "raum": 31261603.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 17,
      "fewer_than_5": false,
      "raum": 28076531.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 31929709.0
    }
  ],
  "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/157908",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}