Common Interest Advisors, LLC

Independent Financial Intelligence for Community Associations.

We help boards, owners, attorneys, lenders, and developers understand the financial risks hidden inside community associations — through independent analysis, forensic investigation, budgeting expertise, and governance review.

Proven on a 700+ unit forensic investigation — independent, evidence-based, and built to withstand scrutiny.

CPA • CMA • CFA • MBA

40+ Years Accounting Experience • 30+ Years Serving Community Associations • 200,000+ Documents Reviewed in a Single Engagement

Illinois IDFPR-Approved CAM Continuing Education Sponsor — License No. 292.000041

Official · IDFPR Approved
CAM Continuing Education Sponsor
License No. 292.000041 · Illinois Dept. of Financial & Professional Regulation

Risk-Free Engagement

The CIA Budget Guarantee

Most community association consultants charge fees regardless of the outcome. Our Distinguished Budget Preparation process is different.

The $30,000 Guarantee

If we cannot identify at least $30,000 in recurring annual operating savings, you pay nothing.

This service is designed for associations seeking an independent review of operating expenses, vendor contracts, staffing models, reserve funding practices, and long-term financial planning.

Signature Services

We provide independent financial and governance expertise across the full life cycle of a community association — from routine oversight to high-stakes disputes.

Budget Preparation

Independent budgeting, reserve funding, and long-term financial planning.

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Forensic Investigations

Evidence-based financial and governance investigations.

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PATScore™

A 0–100 transparency and governance risk framework.

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Reserve Study Review

Independent evaluation of reserve studies and funding strategies.

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Litigation Support & Expert Testimony

Independent analysis and defensible expert reporting.

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Self-Management Transition

Guidance for associations moving away from third-party management.

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Featured Case Study

175 East Delaware Place — Anatomy of a Captured Association

Sudler Property Management refers to the John Hancock Center as its flagship property. Following a forensic investigation commissioned by a group of owners, Common Interest Advisors evaluated one of Chicago's largest condominium associations and identified significant governance, financial reporting, reserve-funding, and transparency concerns.

PATScore: 15 / 100

Think of PATScore as a condominium CARFAX — a single 0–100 signal of an association's financial health. The forensic review documented:

Independence Matters

In the community association industry, the people who prepare the numbers, sell the services, and review the results are too often connected. Common Interest Advisors is structured to avoid those conflicts entirely.

Independence is not a marketing word for us. It is the structural reason our analysis can be trusted by boards, owners, attorneys, lenders, and the courts alike.

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Signature Framework

PATScore™

A 0–100 financial transparency and governance risk score for community associations — think of it as a condominium CARFAX. PATScore distills an association's reserve study, audited financials, tax returns, and budget into a single, comparable signal of risk for buyers, lenders, boards, and owners.

Continuing Education

Beyond the Budget

Beyond the Budget is a four-part educational program, offered monthly May through November and approved for Illinois CAM continuing education credit. It helps directors, managers, and owners understand budgeting, reserve funding, financial reporting, governance, and long-term financial planning.

Illinois IDFPR-Approved CAM CE Sponsor · License No. 292.000041

About Common Interest Advisors

Common Interest Advisors provides independent financial oversight, forensic investigations, budgeting expertise, reserve funding analysis, and litigation support for community associations nationwide. We work exclusively for associations and the owners they serve — never for management companies, vendors, or parties with a financial interest in the outcome.

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Meet Our Team

Michael J. Novak, CPA, CMA, CFA

Co-Founder and Co-Managing Partner

Founder of Common Interest Advisors with more than 40 years of accounting and finance experience serving community associations, boards, attorneys, lenders, and developers.

Meet Our Team