Innovative Advisory Group

RIASEC RegisteredEst. 2021

Total AUM

$194M

Discretionary

$194M

100% of AUM

Avg account

$243K

Accounts

800

Employees

Advisory reps

Firm details

Headquarters: Lexington, Massachusetts
CRD number: 146618
Registered since: October 28, 2021
Website: innovativewealth.com
Custodians: CHARLES SCHWAB & CO., INC., CNB CUSTODY
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: Individuals62.78%
HNWI36.08%
Charitable Organizations1.13%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Innovative Advisory Group is an independent registered investment adviser organized as an LLC and SEC-registered in 2021. The firm serves both individual and family clients as well as institutional relationships and operates as a capital allocator, meaning it places client capital with outside managers in addition to delivering in-house portfolio management. Its fee schedule includes percentage-of-AUM billing alongside hourly and fixed-fee arrangements. Advisory services listed by the firm cover financial planning, discretionary portfolio management for individuals, small businesses and institutions, pension consulting services, and the selection of other advisers. The firm identifies as a non-ESG-focused investor and maintains an insurance-company industry affiliation.