ANOVA Management

ANOVA Management operates as an independent registered investment adviser. Public filings with the Ohio Division of Securities do not indicate affiliation with a bank holding company, insurance carrier, or wealth management consolidator. This independence allows the firm to construct portfolios without the product-push incentives common in proprietary distribution models.

ANOVA constructs client portfolios primarily through separately managed accounts holding individual securities, alongside allocations to exchange-traded funds and institutional mutual fund share classes. The firm does not sponsor proprietary pooled funds, operating instead as an open-architecture allocator that selects external managers and strategies.

As a state-registered investment adviser filing with the Ohio Division of Securities, ANOVA Management submits Form ADV disclosures to regulators. However, the firm has not published aggregate AUM figures in public-facing materials. The firm's Ohio registration places it below the $100 million threshold for SEC registration, though precise figures remain undisclosed.

ANOVA Management serves individuals, high-net-worth families, and institutional clients including retirement plans and charitable organizations. The client base is concentrated in the Columbus, Ohio metropolitan area, reflecting the firm's origins as a regional advisory practice serving business owners, professionals, and multi-generational families.

ANOVA has historically incorporated alternative exposures through publicly registered vehicles including real estate investment trusts, interval funds, and private credit strategies accessible via institutional share classes. The firm's Ohio-chartered advisory structure and client risk profiles generally preclude direct private equity or venture capital commitments, favoring liquidity and transparency in alternative allocations.

Investment decisions are made by ANOVA's investment committee, whose members hold portfolio management responsibilities as listed in the firm's Form ADV filings. The firm has not publicly identified individual portfolio managers or investment committee members, maintaining a low-profile public presence consistent with many regional independent RIAs.

ANOVA Management is headquartered in Columbus, Ohio and is registered with the Ohio Division of Securities. The firm's client relationships are concentrated in the Midwest, with the substantial majority residing in central Ohio. The firm has not disclosed additional office locations, branch operations, or multi-state registration in other jurisdictions.