Williams & Novak, LLC
Williams & Novak Wealth Management, LLC is an SEC-registered investment adviser headquartered in Westlake Village, California. Founded in 2023, the firm provides personalized wealth management and investment advisory services to individuals, high net worth individuals, families, trusts, estates, charitable organizations, pension plans, profit sharing plans, and businesses. Owned by Jacob Williams and Daniel Novak, the firm leverages extensive industry experience to offer tailored financial advice. Williams & Novak operates with a commitment to integrity, transparency, and fiduciary duty, and serves clients across 26 states. The firm is relatively small, with an employee count typical of boutique advisory firms.
Investment Strategy
Williams & Novak Wealth Management employs primarily long-term investment strategies, prioritizing diversified asset allocation tailored to each client's financial situation, risk tolerance, and goals. Advisors may recommend adjustments to portfolios, including rebalancing, sector over- or underweighting, and selective use of cash, options, or inverse ETF positions, especially in response to changing market conditions. The firm's approach centers on building lasting, personalized financial plans and guiding clients toward security and peace of mind through fiduciary care.
Top Holdings
Equity Positions (134)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
F FBND | FIDELITY MERRIMACK STR TR | 11.07% | $13.0M | 284,492 | $45.59 | $45.75 | +$1.5M |
M MFUS | PIMCO EQUITY SER | 6.65% | $7.8M | 146,331 | $42.60 | $53.45 | +$627.8K |
F FELC | FIDELITY COVINGTON TRUST | 4.51% | $5.3M | 153,685 | $32.36 | $34.49 | +$646.6K |
S SYPR | SYPRIS SOLUTIONS INC | 4.24% | $5.0M | 2,256,520 | $2.03 | $2.21 | +$1.2M |
M MFEM | PIMCO EQUITY SER | 2.49% | $2.9M | 138,386 | $19.95 | $21.16 | +$520.1K |