July 12, 2005

Carolinas Roundup

by Rick Rothacker

(Bloomberg Wealth Manager article)

Magazine recognizes Novare as 'fast-growing'

Charlotte-based Novare Capital Management said it made Bloomberg Wealth Manager magazine's list of fast-growing firms for the third year, ranking 31st among 500 firms.

Novare's assets grew 71.2 percent from 2003 to 2004, compared to the national average of 32.2 percent. Novare, founded in 2000 to serve high net-worth individuals and institutions, currently has more than $100 million in assets under management.