An independent wealth management firm headquartered in California is beginning a new chapter of its story, with a new name.
The $370 million Marshall Wealth Management Group is now called Novus Wealth Group, with the name reflecting the growth of the firm since it was founded by Brad Marshall. These days Marshall has three partners - Robert Claros, Don Elliott and Deanna Dominguez – and two offices, in Los Gatos and Pasadena.
Marshall says the new name – Novus means ‘new’ – is appropriate for the firm but also for its clients as they reach new milestones in their lives. The firm had outgrown its old name, he said.
“We were no longer a solo practitioner office with clients limited to Northern California. We now have two offices and serve clients in more than 20 states," Marshall said in a statement. "Our new brand platform reflects the future of our firm and the direction we are charting to help clients reach their financial goals in an evolving wealth management industry.”
Novus Wealth Group is affiliated with Cadaret Grant & Co. and offers comprehensive financial planning and wealth management services for clients and their families.
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
