Innovative Private Wealth Management Inc.

RIASEC RegisteredEst. 2023
Total AUM
$367M
Discretionary
$285M
78% of AUM
Avg account
$516K
Accounts
711
Employees
10
Advisory reps
12

Firm details

Headquarters
Somers, New York
CRD number
324586
Registered since
February 27, 2023
Website
innovativepwm.com
Custodians
CHARLES SCHWAB & CO., INC., VALLEY BANK
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • Pooled Investment Vehicles37.59%
  • Individuals22.95%
  • Corporations / Businesses22.47%
  • HNWI16.98%
Services
Financial PlanningPortfolio Management for Individuals

Firm profile

FINTRX

Overview

Innovative Private Wealth Management Inc. is an independent registered investment adviser structured as a corporation and SEC-registered in 2023. The firm serves both individual/family and institutional clients, offering financial planning and portfolio management for individuals and small businesses. Its fee arrangements include percentage-of-AUM, hourly, and fixed-fee engagements. The firm reports it is not a capital allocator and does not position itself as an ESG-focused manager.

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 47%, Exchange Traded Equities 19%, Private Funds 19%, US Government Bonds 7%, Cash & Cash Equivalents 5%, Investment Grade Corp Bonds 3%47%
  • Public Funds/Mutual Funds47%
  • Exchange Traded Equities19%
  • Private Funds19%
  • US Government Bonds7%
  • Cash & Cash Equivalents5%

Contacts

3 of 12
  • Vincenzo Ursino

    Vincenzo Ursino

    Investment Adviser RepresentativeCRD 5670361

  • Sunil Handa

    Sunil Handa

    Investment Advisor RepresentativeCRD 5729305

  • Debinder Deshmukh

    Debinder Deshmukh

    Investment AdvisorCRD 5203309

Unlock 9 more contacts →

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

Location

Primary office

Somers, NY

Westchester

Location

Somers, NY

Headquartered in Somers, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.

Metro area
New York-Newark, NY-NJ-CT-PA
Region
Northeast
County
Westchester
Address
361 Route 202
Time zone
ET (UTC-5)
Office locations

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