Novem Group

Novem Group, an SEC-Registered Investment Adviser established in August 2011, is based in New York and led by Robert J. Bartolotta. The firm offers investment supervisory services tailored to individual client goals, risk tolerance, and time horizons. Services include portfolio management, risk assessment, and regular account monitoring. Novem Group also provides financial planning services covering investment, retirement, and tax planning. Fee structures include flat fees, hourly rates, or tiered fees based on account value. The firm may direct clients to third-party money managers and limits investments to various securities, including mutual funds and equities. Novem Group operates a wrap fee program, offering both wrap and non-wrap portfolio management. The firm's assets under management as of January 1, 2025, totaled over $1.4 billion. Fees are negotiable based on client needs, with quarterly payment options. Novem Group has discretionary authority over client accounts, selecting securities and executing transactions. The firm does not accept performance-based fees and discloses potential conflicts of interest related to compensation for securities sales. Clients receive regular account reports and have the option to terminate contracts with written notice. Novem Group does not have any disciplinary actions to report and maintains a Code of Ethics.