# Williams & Novak Wealth Management, LLC

> Williams & Novak Wealth Management, LLC is an SEC-registered investment advisory firm in Westlake Village, CA, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 16, 2026.

- CRD: 324173
- Filed as: WILLIAMS & NOVAK WEALTH MANAGEMENT, LLC
- Also doing business as: STRATEGIC WEALTH AND TAXES
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Westlake Village, CA
- Filing period: October 2026
- Form ADV filing dated: September 16, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/324173
- AdvisorCensus page: https://advisorcensus.com/firm/williams-and-novak-wealth-management-llc-westlake-village-ca-324173

## Quick answers

**How is Williams & Novak Wealth Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Williams & Novak Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Williams & Novak Wealth Management, LLC charge?**
Its Form ADV Part 2A brochure dated April 8, 2026 states: Hourly rate: $150 to $500 an hour (financial planning); Subscription: $1,000 to $20,000 a year (financial planning, consulting and related services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Williams & Novak Wealth Management, LLC located?**
Williams & Novak Wealth Management, LLC's principal office is in Westlake Village, CA, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Williams & Novak Wealth Management, LLC registered with the SEC or a state?**
Williams & Novak Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 324173.

**How much does Williams & Novak Wealth Management, LLC manage?**
Williams & Novak Wealth Management, LLC reports $342,843,364 in regulatory assets under management in its Form ADV filing dated September 16, 2026 (100% discretionary).

**How have Williams & Novak Wealth Management, LLC's assets and staff changed since 2023?**
In the Form ADV data for Williams & Novak Wealth Management, LLC: Regulatory assets under management: $0 in the October 2023 data and $342,843,364 in the October 2026 data. Total employees: 3 in October 2023 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Williams & Novak Wealth Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (168); high net worth individuals (107); pension and profit sharing plans (but not the plan participants or government pension plans) (10).

**Which custodians does Williams & Novak Wealth Management, LLC use?**
Williams & Novak Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Altruist Financial LLC and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Williams & Novak Wealth Management, LLC 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/324173

**What changed in Williams & Novak Wealth Management, LLC's recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated April 8, 2026)

- Hourly rate: $150 to $500 an hour (financial planning)

> WNWM offers financial planning on a fixed rate or hourly basis. The hourly rate generally ranges from $150 to $500 per hour

- Subscription: $1,000 to $20,000 a year (financial planning, consulting and related services)

> Retainer fee arrangements generally range from $1,000 to $20,000 per year, depending upon several factors including, but not limited to the scope of work in the Agreement

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

### Custodians (Schedule D, Section 5.K(3))
- Altruist Financial LLC
- National Financial Services LLC

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: $342,843,364
- Discretionary: $342,843,364
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 168 | $36,081,443 |
| High net worth individuals | 107 | $298,062,146 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 10 | $7,806,667 |
| Charitable organizations | Fewer than 5 | $878,651 |
| Corporations or other businesses not listed above | Fewer than 5 | $14,457 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Publication of periodicals or newsletters
- Educational seminars/workshops

### Firm details
- Registered since: 2023 (3 years)
- Employees: 10 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AZ, CA, FL, LA, MA, MO, NY, OK, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Newport Beach, CA

### Websites listed on Form ADV (Item 1.I)
- [strategicwealthandtaxes.com](https://strategicwealthandtaxes.com)
- [williamsnovakwm.com](https://williamsnovakwm.com)
- LinkedIn @williams-novak-wealth-management-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $0 | 3 | August 25, 2023 |
| October 2024 | $237,547,719 | 4 | July 19, 2024 |
| October 2025 | $263,947,400 | 3 | June 17, 2025 |
| October 2026 | $342,843,364 | 10 | September 16, 2026 |

Regulatory assets under management: $0 in the October 2023 data and $342,843,364 in the October 2026 data.
Total employees: 3 in October 2023 and 10 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### September 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 3 to 4.
- Regulatory assets under management went from $263,947,400 to $342,843,364 (+30%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Williams & Novak Wealth Management, LLC (CRD 324173): Form ADV filing data as of October 2026.