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Compare Novak Financial Partners

Every firm structures fees and services differently. Here's how Novak's flat-fee model compares to a few well-known alternatives, and to the more general choice between flat fees and asset-based fees.

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A quick look at how the structure, fees, and advisor relationship differ. See the full comparison for details on each.

National flat-fee firm

Novak vs. Facet Wealth

Both offer ongoing planning for a flat annual fee. Compare Facet's tiered national membership model with Novak's smaller practice and direct relationship with one of two CFP® professionals.

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Technology-driven platform

Novak vs. Range

Both provide flat-fee planning and investment management. Compare Range's technology-driven team model with Novak's direct, ongoing relationship with one of the practice's two CFP® professionals.

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AUM-based wealth manager

Novak vs. Empower

Compare Novak's flat annual fee with Empower's percentage-of-assets advisory model, including differences in cost, advisor access, planning scope, and investment management.

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Brokerage and advisory firm

Novak vs. Edward Jones

Compare Novak's flat-fee planning relationship with Edward Jones' national network of local financial advisors. Services, credentials, pricing, and compensation may vary by individual Edward Jones advisor.

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Insurance and financial services

Novak vs. Northwestern Mutual

Compare Novak's flat-fee planning and investment management with Northwestern Mutual's model, which may combine financial planning, investments, and insurance products. Services and compensation vary by advisor.

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Pricing models

Flat-Fee Planning vs. AUM Fees

Compare a predictable annual planning fee with an assets-under-management fee that generally increases as the managed portfolio grows.

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Disclosure: These summaries are simplified for comparison purposes. Novak Financial Partners created this page and has a financial interest in prospective clients considering our practice. Novak Financial Partners is not affiliated with or endorsed by the firms compared here. Fees for the firms discussed are based on publicly available information reviewed as of September 4, 2026. Actual fees may vary based on account size, services, negotiation, household complexity, and other factors. Prospective clients should review each firm's current Form ADV and advisory agreement.

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Flat annual fee. No asset minimum. Serving clients nationwide from Carbondale, IL.