INNOVATIVE PRIVATE WEALTH MANAGEMENT INC.

RIASEC RegisteredEst. 2023

Total AUM

$367M

Discretionary

$285M

78% of AUM

Avg account

$516K

Accounts

711

Employees

Advisory reps

Firm details

Headquarters: SOMERS, New York
CRD number: 324586
Registered since: February 27, 2023
Website: www.broadstreetglobaladvisors.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 advisor organized as a corporation and registered with the SEC in 2023. The firm is owned by an individual and serves both individual & family clients and institutional clients. Its advisory work centers on financial planning and portfolio management for individuals and small businesses. Fee arrangements are flexible and include percentage-of-AUM billing plus hourly and fixed-fee engagements. The firm reports it is not an active ESG investor and is not classified as a capital allocator. Industry affiliation is listed as an investment adviser providing traditional advisory services rather than broker-dealer or pension consulting activities.