Innova Wealth Partners, LLC

RIASEC Registered
Total AUM
$288M
Discretionary
$284M
99% of AUM
Avg account
$553K
Accounts
521
Employees
6
Advisory reps
6

Firm details

Headquarters
Newtown, Pennsylvania
CRD number
168500
Registered since
January 8, 2020
Website
myinnovawealth.com
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Fixed Fees
Client types
  • HNWI73.57%
  • Individuals22.6%
  • Pension & Profit Sharing Plans3.06%
  • Corporations / Businesses0.78%
Services
Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Innova Wealth Partners, LLC is an independent registered investment adviser that began SEC registration in 2020 and operates as an owner-managed LLC. The firm serves both individual and family clients as well as institutional clients, and it charges either a percentage of assets under management or fixed fees. Its advisory capabilities listed on filings include financial planning, portfolio management for individuals and small businesses, selection of other advisers, educational seminars/workshops and, notably, pension consulting services — although the firm is not separately classified as a pension consultant on its snapshot metadata. Innova identifies as a capital allocator and is not an active ESG investor. The firm also maintains an affiliation with an insurance company.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 69%, Exchange Traded Equities 17%, Cash & Cash Equivalents 8%, Investment Grade Corp Bonds 3%, US Government Bonds 1%, State & Local Bonds 1%, Derivatives 1%69%
  • Public Funds/Mutual Funds69%
  • Exchange Traded Equities17%
  • Cash & Cash Equivalents8%
  • Investment Grade Corp Bonds3%
  • US Government Bonds1%

Contacts

3 of 6
  • Stephen Schmidt

    Stephen Schmidt

    Senior Vice PresidentCRD 4451342

  • Jonathan Inzero

    Jonathan Inzero

    Financial Advisor and PlannerCRD 6089944

  • Ian Foster

    Ian Foster

    PrincipalCRD 6119064

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Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 115

Active vs passive

$277M in ETFs

Passive

76%

$211M

Active

18%

$65.9M

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES 1-3 YEAR TREASURY BOND ETF (SHY)BlackRockPassiveShort Government$15.8M192,7085.72%
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Location

Primary office

Newtown, PA

Bucks

Location

Newtown, PA

Headquartered in Newtown, PA, anchoring the Philadelphia-Reading-Camden, PA-NJ-DE-MD metro in the Northeast.

Metro area
Philadelphia-Reading-Camden, PA-NJ-DE-MD
Region
Northeast
County
Bucks
Address
12 Terry Dr
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth