# Novus Advisors

> 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.

- CRD: 157908
- Filed as: NOVUS ADVISORS
- Legal name: Novus Advisors, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Greenville, SC
- Filing period: October 2026
- Form ADV filing dated: April 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157908
- AdvisorCensus page: https://advisorcensus.com/firm/novus-advisors-greenville-sc-157908

## Quick answers

**How is Novus Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), Novus Advisors reports these compensation arrangements: a percentage of assets under its management.

**Where is Novus Advisors located?**
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).

**Is Novus Advisors registered with the SEC or a state?**
Novus Advisors is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 157908.

**How much does Novus Advisors manage?**
Novus Advisors reports $91,267,843 in regulatory assets under management in its Form ADV filing dated April 29, 2026 (65% discretionary).

**How have Novus Advisors' assets and staff changed since 2021?**
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.

**What types of clients does Novus Advisors serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (250); high net worth individuals (17).

**Which custodians does Novus Advisors use?**
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.

**Does Novus Advisors 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/157908

**Does Novus Advisors state an account minimum?**
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."

**What changed in Novus Advisors' recent Form ADV filings?**
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%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated March 27, 2026)

- Account minimum: None

> 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.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Epic Retirement Plan Services

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.

### Regulatory assets under management (Item 5.F)
- Total: $91,267,843
- Discretionary: $59,338,134
- Non-discretionary: $31,929,709

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 250 | $31,261,603 |
| High net worth individuals | 17 | $28,076,531 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $31,929,709 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2013 (12 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, CA, CT, FL, GA, IN, LA, MA, MD, NC, NE, NH, NJ, NM, NY, OH, PA, SC, TN, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- North Myrtle Beach, SC

### Websites listed on Form ADV (Item 1.I)
- novusadvisors.com
- Facebook @novusadvisors
- Instagram @novusadvisors
- LinkedIn @novus-advisors
- X @novus_advisors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $182,790,259 | 5 | August 10, 2021 |
| October 2022 | $164,433,288 | 5 | May 31, 2022 |
| October 2023 | $174,682,381 | 7 | March 22, 2023 |
| October 2024 | $211,796,328 | 7 | March 26, 2024 |
| October 2025 | $202,942,595 | 4 | June 17, 2025 |
| October 2026 | $91,267,843 | 5 | April 29, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- 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%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Novus Advisors (CRD 157908): Form ADV filing data as of October 2026.