Homer, AK Office

Williams & Novak Wealth Management is a team-based registered investment adviser serving individuals (including high-net-worth clients), corporations, pension and profit‑sharing plans, and charitable organizations. A five-advisor team manages approximately $343 million for about 275 clients and provides discretionary and non‑discretionary portfolio management, financial planning (including retainer engagements), and access to third‑party managers and TAMPs.

The firm combines proprietary model portfolios and sub‑advisor solutions with direct‑indexing strategies implemented through both Altruist and a Vanguard‑powered program, allowing for customization and tax‑loss harvesting at the individual‑security level. It conducts due diligence and ongoing monitoring of third‑party managers and relies on custodial and operational partners (for example, Altruist, AssetMark, and Dynamic Advisor Solutions) to handle trading, rebalancing, and reporting.

Noteworthy features disclosed in the brochure include affiliated business lines for tax preparation and insurance (Williams & Novak Tax Partners, LLC and Williams & Novak Insurance, LLC) and advisor‑led newsletters and educational workshops. The firm also discloses that some of its advisers are registered representatives of unaffiliated broker‑dealers and that certain platform relationships (including Altruist One and the Altruist Model Marketplace) may involve pass‑through fees or referral arrangements the firm says it discloses and monitors.