Single Family OfficeRIA · CRD 172311SEC-Registered

Updated:

Demma-Novak Wealth Management

DEMMA-NOVAK WEALTH MANAGEMENT is an SEC-registered investment adviser in Dayton, OH. The firm has 2 employees and 2 investment advisers.

Demma-Novak Wealth Management

DEMMA-NOVAK WEALTH MANAGEMENT is an SEC-registered investment adviser in Dayton, OH. The firm has 2 employees and 2 investment advisers. It is based in Ohio.

General information

Firm type

Single Family Office

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Dayton

Corporate office

New York, NY, United States

Principals

John Demma

Co-Founder

John Novak

Co-Founder

Frequently asked questions

Who runs investment decisions at Demma-Novak Wealth Management?

Investment decisions are directed by the co-founders, John Demma and John Novak, who each brought institutional investment experience to the firm. The office operates with a lean internal team, concentrating authority at the principal level. For regulated activities involving external families, decisions flow through Carpe Diem Partners LLC, their affiliated registered investment advisor.

How does Demma-Novak Wealth Management source its deals?

Given the firm's private posture, deal flow likely originates through the founders' long-established professional networks and the affiliated RIA's co-investor relationships. The office does not market for deal flow publicly, consistent with SFOs that prioritize proprietary or network-referred opportunities over broadly auctioned processes.

Does Demma-Novak participate in fund commitments or only direct deals?

The office concentrates on direct investments in private companies and real estate, a posture that demands intensive internal diligence but preserves full control and alignment. There is no public indication of a significant fund-of-funds program, though small allocations to external managers cannot be ruled out given the flexibility typical of single-family offices.

How is Demma-Novak Wealth Management related to Carpe Diem Partners?

Carpe Diem Partners LLC serves as the registered investment advisory vehicle linked to John Demma and John Novak, providing a regulated framework for managing capital on behalf of a small number of external families alongside the founders' own assets. This creates a hybrid structure where the family office core and the RIA share principals, infrastructure, and investment philosophy.

What is Demma-Novak's known posture on co-investments alongside external families?

The office actively co-invests with a curated network of external families through the Carpe Diem Partners platform. This arrangement allows the founders to scale into larger transactions while providing access to direct-deal flow for like-minded family investors who value the office's concentrated, long-horizon approach.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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