Ken Novak

Ken Novak is head of Private Markets Strategy for the Private Client Group and co-head of the Alternatives Investment Group at Raymond James responsible for originating, coordinating and managing a consolidated view of the firm’s myriad private market offerings. 

Novak previously served as a managing director in the firm’s Private Institutional Clients Group and as head of distribution for private markets and alternatives. In that role, he originated sophisticated investment opportunities across a full range of asset classes to help solve complex client needs.

He has 30 years of financial services industry experience. Prior to joining Raymond James, Ken was responsible for business development and was a member of the investment committee at Ferry Farm Capital, a dedicated asset management firm that focused on private credit solutions.

Before Ferry Farm, Novak was Head of RBC’s Institutional Middle Market division, a joint venture between the US Capital Markets division and Wealth Management platforms. He oversaw more than 60 salespeople and 1,000 client relationships. Novak has also led large institutional coverage groups at JP Morgan Chase and Morgan Stanley.

Ken Novak
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Private markets belong in every advisor’s toolkit
OPINION JAN 23, 2026
Private markets belong in every advisor’s toolkit

With a shrinking pool of publicly listed firms and lower barriers to entry, the case to diversify client portfolios with private investments is stronger than ever.