INNOVA ADVISORS

RIASEC RegisteredEst. 2022

Total AUM

$265M

Discretionary

$284K

0% of AUM

Avg account

$4.9M

Accounts

Employees

Advisory reps

Firm details

Headquarters: CORAL GABLES, Florida
CRD number: 318958
Registered since: September 16, 2022
Website: innovadvisors.com
Custodians: MORGAN STANLEY & CO. LLC, RAYMOND JAMES & ASSOCIATES, INC.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: Corporations / Businesses93.42%
HNWI5.24%
Individuals1.34%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Innova Advisors is organized as a limited liability company and operates as an SEC-registered investment adviser (registered in 2022). The firm serves both individual and family clients as well as institutional investors, offering financial planning and portfolio management for individuals, small businesses, and businesses or institutions. Its advisory model favors non-discretionary relationships: the bulk of assets are managed with client-directed authority rather than full discretionary trading authority. Fees are collected via a mix of percentage-of-AUM, fixed fees, and performance-based arrangements. Innova does not identify as an active ESG investor.