Michael T. Novak

CPA, PFS, AEPManaging Director

Michael founded Wellspring Financial Advisors after a successful career as a Principal with another boutique wealth management firm where he advised multiple family relationships. He has extensive experience in the areas of estate planning, charitable gift planning, business succession planning and family governance and education. As a CPA he has experience in all areas of tax compliance as well as proactive tax planning. Michael believes the keys to successful wealth management are a strong personal relationship with his clients and the highly customized delivery of service that ensures financial peace of mind to them.

Professional Experience

Managing Director, Wellspring Financial Advisors, LLC (2007)
Principal, multifamily office (1993- 2007)

Education

Ohio University, Athens, Ohio (B.A. 1993)

Professional Affilitions

Ohio Society of Certified Public Accountants (1996)
American Institute of Certified Public Accountants (1998)
Personal Financial Specialist of the AICPA (1999)
Accredited Estate Planner (2009)
Gift Planning Chair, Advisory Committee of the Cleveland Museum of Art
Planned Giving Committee, Cleveland Orchestra
Professional Advisory Council Steering Committee, Jewish Community Federation
Diamond Advisory Group, University Hospitals
Former President and Board Member, Estate Planning Council of Cleveland

Civic Affiliations

Vice President and Board Member, Bluecoats
Board Member, Ronald McDonald House of Cleveland
President and Board Member, Gesu Endowment Fund and Boosters
Former President and Trustee, Nature Center at Shaker Lakes
Leadership Cleveland (Class of 2009)
Cleveland Bridge Builders (Class of 2003)