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Anova Management

Updated today

Client assets under management

$19,280,745

Clients

40

75% high-net-worth

Advisors

3

of 3 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

13

Very Low

Average account size

$482,019

About

ANOVA Management provides discretionary investment management to individuals and high‑net‑worth clients, as well as trusts, estates, charitable organizations, corporations, and other business entities, and does not impose an account minimum. Services focus on portfolio management using exchange‑traded funds and periodic rebalancing under a written advisory agreement.

The firm’s investment approach centers on its Efficient Market Portfolio Plus (EMP Plus) strategy, which applies quantitative algorithms to detect an “upward bias” and shifts allocations between broad equity ETFs, cash or cash equivalents, and, at times, defensive short ETF positions to seek lower drawdowns. ANOVA uses pro forma (hypothetical) performance modeling to set thresholds for those defensive moves and generally manages client accounts on a discretionary basis.

ANOVA is under common ownership with an affiliated, SEC‑registered adviser that sponsors an affiliated ETF (launched in 2024), and the brochure discloses this relationship along with mitigation steps such as not charging advisory fees on client assets invested in the affiliated ETF. The firm’s advisory scope is notably concentrated on that affiliated ETF rather than broad third‑party manager selection, which is a distinguishing feature relative to many peers.

Client services

Portfolio management

Expertise

Passive / index investing Active portfolio management

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Fee options

Percentage

Up to 1.00% annually

Main office location

Anova Management

Columbus TX, United States

Number of offices

3

Most active in

Florida · New York · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Robert C

Series 65

Columbus, TX

Anova Management

Robert Coakley is a Series 65 licensed advisor at Anova Management with two years of industry experience. He serves as Chief Executive Officer of Natured Ease, a company specializing in broad spectrum hemp CBD products, tinctures, and creams. Anova Management provides discretionary investment management to individuals, high-net-worth clients, trusts, estates, charitable organizations, corporations, and other business entities. The firm employs its Efficient Market Portfolio Plus (EMP Plus) strategy, which uses quantitative algorithms to build diversified equity portfolios with defensive adjustments aimed at reducing downside volatility.

Passive / index investing Active portfolio management
user avatar

Wayne P

Series 65

Columbus, TX

Anova Management

Wayne Penello is a financial advisor at Anova Management with four years of industry experience. He holds a Series 65 designation and has previously worked at NextGen EMP and Risked Revenue Energy Associates. Outside of advising, he serves on the board of directors for AEGIS-HEDGING SOLUTIONS, a company focused on commodities research and portfolio management software, and is a co-author of the book *Risk is an Asset*. Anova Management provides discretionary investment management to individuals, high-net-worth clients, and various entities without account minimums. The firm’s approach centers on its Efficient Market Portfolio Plus strategy, which uses quantitative algorithms to adjust allocations among broad equity ETFs, cash, and defensive short ETF positions to manage risk and seeks lower drawdowns.

Passive / index investing Active portfolio management
user avatar

Anthony D

Series 65

West Islip, NY

Anova Management

Anthony Diplacido is a financial advisor at Anova Management with four years of industry experience. He holds a Series 65 credential and serves as president and CEO of Life Design Construction, Inc., a home remodeling company. Diplacido has worked at Anova Management since 2022 and has prior experience with Nextgen Emp, LLC and World Light Tech, Inc. Anova Management provides discretionary investment management to individuals, high-net-worth clients, trusts, estates, charitable organizations, and corporations. The firm’s approach focuses on portfolio management using exchange-traded funds and periodic rebalancing, centered on its Efficient Market Portfolio Plus strategy that applies quantitative algorithms to adjust allocations for risk management.

Passive / index investing Active portfolio management
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