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 Altss 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.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: