About Common Interest Advisors

Independent financial oversight for community associations

Independent financial oversight, forensic investigations, budgeting expertise, and litigation support for community associations nationwide.

Common Interest Advisors was founded to help condominium, homeowners, cooperative, and community associations make better financial decisions through independent analysis, transparency, and accountability.

Our Story

Why We Founded CIA

After more than four decades in accounting and finance, our founder kept seeing the same pattern across community associations: inadequate oversight, weak budgeting, and reserve planning that left owners exposed.

Michael J. Novak spent 40+ years in corporate financial planning, budgeting, reserve funding, governance, and forensic analysis. Time and again, he found that condominium, homeowners, and cooperative associations were making consequential financial decisions without independent analysis or meaningful transparency.

Common Interest Advisors was built to change that. We are an independent advisory firm that works exclusively for associations and the owners they serve — never for management companies, vendors, or anyone with a stake in the outcome. That independence is the foundation of everything we do.

Our role is deliberately narrow: objective financial analysis, clear-eyed governance review, and owner-focused stewardship that helps communities protect their assets and plan for the long term.

By the Numbers

Experience that speaks for itself

40+
Years of accounting & finance experience
CPA · CMA · CFA
Charterholder credentials held by our founder
200,000+
Documents reviewed in a single engagement
$1B+
Association budgets reviewed
Expert Witness
Litigation support & expert witness services
Nationwide
Condos, HOAs, co-ops & community associations served
Meet Our Leadership

Michael J. Novak, CPA, CMA, CFA

Michael J. Novak, CPA, CMA, CFA
Co-Founder & Co-Managing Partner

Michael brings more than 40 years of accounting and finance experience to community associations — spanning budgeting, reserve funding, financial modeling, governance, and forensic investigations. He created the PATScore™ and provides expert witness and litigation support services.

  • University of Chicago Booth MBA
  • Certified Public Accountant (CPA)
  • Certified Management Accountant (CMA)
  • CFA Charterholder
  • 40+ years of accounting & finance experience
  • National speaker, educator & CAM continuing-education instructor
Meet Our Team

The people behind the work

CBN
Christina Bugelas Novak
Co-Founder & Co-Managing Partner

Thirty-nine years as a legal specialist with a federal agency, bringing deep regulatory and legal-process experience to the firm's forensic and governance work.

TFN
Tatiana Novak, CAM
Managing Director, Property Management & Governance Advisory

Tatiana Novak earned her Juris Doctor from Gonzaga University School of Law and is a licensed Community Association Manager (CAM), advising on property management and governance matters.

Selected Experience

Proven on complex, high-stakes engagements

A sample of the scale and complexity our work spans — presented without client names.

700+
Units in a single association investigated
200,000+
Documents reviewed in a single forensic engagement
$23M+
Reserve programs evaluated
~$30M
Unfunded reserve liabilities analyzed
Expert
Litigation-support and expert-testimony engagements
What Makes Us Different

Not another accounting firm or management company

Traditional Firms
  • Compliance-focused
  • Historical reporting
  • Limited governance analysis
  • Limited reserve funding evaluation
Common Interest Advisors
  • Forward-looking financial analysis
  • Reserve funding expertise
  • Governance & transparency review
  • Forensic investigation capabilities
  • Independent perspective
  • Owner-focused recommendations
Independence Matters

Our only obligation is to you

Independence isn't a marketing line — it's our entire business model. Because we have no other relationships to protect, our analysis is governed by one thing: your interests.

  • We do not manage properties
  • We do not sell reserve studies
  • We do not provide banking products
  • We do not earn commissions
  • We do not take compensation from management companies

Every recommendation we make is based solely on our clients' interests — and the evidence.

Memberships & Credentials

Credentialed, accountable, and accredited

Our work is grounded in nationally recognized professional standards and ongoing accreditation.

CPA
Certified Public Accountant (Illinois)
CFA Institute
Chartered Financial Analyst charterholder
IMA
Institute of Management Accountants (CMA)
Chicago Booth
University of Chicago Booth MBA
Illinois IDFPR
CAM Continuing-Education Sponsor · No. 292.000041
PATScore™
Originated by Common Interest Advisors
Who We Serve

Independent guidance for everyone with a stake

Condominium Associations

Independent oversight of budgets, reserves, and financial reporting.

Homeowners Associations

Forward-looking budgeting and reserve funding analysis.

Cooperatives

Financial transparency and governance review tailored to co-ops.

Timeshare Developments

Independent financial and governance oversight for timeshare and fractional-ownership associations.

Board Members

Objective analysis that supports confident fiduciary decisions.

Unit Owners

Plain-language answers and advocacy when something looks off.

Attorneys

Forensic analysis, expert reports, and litigation-ready testimony.

Developers

Credible reserve and budget foundations at turnover.

Property Managers

An independent second set of eyes that strengthens board trust.

Get Started

Let's Start the Conversation

Whether you need a forensic investigation, litigation support, budgeting assistance, reserve funding analysis, or independent financial oversight, Common Interest Advisors is ready to help.