Innova Wealth Partners, LLC
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
FINTRXOverview
Innova Wealth Partners, LLC is an independent, SEC-registered investment adviser that began its SEC registration in 2020. Organized as an LLC and owned by an individual, the firm serves both individual and family clients as well as institutional investors. Its business model combines fee-based portfolio management (percentage of AUM and fixed-fee arrangements) with financial planning, selection of other advisers, and educational programming. Innova identifies itself as a capital allocator and lists portfolio management for individuals/small businesses and pension consulting among its advisory activities. The firm does not present itself as an active ESG investor.
Assets & Accounts
Public Holdings
Investments & Alternatives
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Public Funds/Mutual Funds69%
- Exchange Traded Equities17%
- Cash & Cash Equivalents8%
- Investment Grade Corp Bonds3%
- US Government Bonds1%
Contacts
3 of 6
Stephen Schmidt
Senior Vice PresidentCRD 4451342
Jonathan Inzero
Financial Advisor and PlannerCRD 6089944
Ian Foster
PrincipalCRD 6119064
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 120Active vs passive
$279M in ETFs
74%
$205M
21%
$73.9M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ISHARES 1-3 YEAR TREASURY BOND ETF (SHY) | BlackRock | Passive | Short Government | $14.3M | 176,056 | 5.13% |
Location
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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