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AdvisorCensus / Financial advisors / Pennsylvania / Philadelphia / Innova Wealth Partners, LLC

Innova Wealth Partners, LLC

Newtown, PASEC-registered investment adviserCRD 168500

Filed as INNOVA WEALTH PARTNERS, LLC

Innova Wealth Partners, LLC is an SEC-registered investment advisory firm in Newtown, PA, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 24, 2026.

6 years
registered since 2020
$288,186,234
assets under management
2 arrangements
Percentage of assets, Fixed fees
None
disclosure items (Item 11)

Quick answers

From the filing

How is Innova Wealth Partners, LLC compensated?

On its Form ADV (Item 5.E, October 2026), Innova Wealth Partners, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

Where is Innova Wealth Partners, LLC located?

Innova Wealth Partners, LLC's principal office is in Newtown, PA, according to its Form ADV.

Is Innova Wealth Partners, LLC registered with the SEC or a state?

Innova Wealth Partners, LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 168500.

How much does Innova Wealth Partners, LLC manage?

Innova Wealth Partners, LLC reports $288,186,234 in regulatory assets under management in its Form ADV filing dated September 24, 2026 (99% discretionary).

How have Innova Wealth Partners, LLC's assets and staff changed since 2021?

In the Form ADV data for Innova Wealth Partners, LLC: Regulatory assets under management: $134,663,312 in the October 2021 data and $288,186,234 in the October 2026 data, up 114%. Total employees: 5 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

What types of clients does Innova Wealth Partners, LLC serve?

By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (371); high net worth individuals (137); pension and profit sharing plans (but not the plan participants or government pension plans) (9).

Which custodians does Innova Wealth Partners, LLC use?

Innova Wealth Partners, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

Does Innova Wealth Partners, LLC report any disciplinary disclosures?

Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/168500

Does Innova Wealth Partners, LLC state an account minimum?

Its Form ADV Part 2A brochure dated February 26, 2026 says: "There is an account minimum of $100,000, which may be waived by the investment advisor, based on the needs of the client and the complexity of the situation."

What changed in Innova Wealth Partners, LLC's recent Form ADV filings?

In the March 2026 filing data: Employees performing advisory functions went from 4 to 6. Regulatory assets under management went from $228,175,527 to $288,186,234 (+26%). Registered or notice-filed in DE, MI, VA.

From the Form ADV filing

Every figure below is as the firm filed it with regulators, as of October 2026.

How the firm is compensated

Item 5.E
  • A percentage of assets under your management
  • Fixed fees (other than subscription fees)

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

Fees and minimums

Form ADV Part 2A

Account minimum: $100,000 (the brochure says it may be waived or negotiated)

The brochure's wording
There is an account minimum of $100,000, which may be waived by the investment advisor, based on the needs of the client and the complexity of the situation.

As stated in the firm's Form ADV Part 2A brochure dated February 26, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site

Regulatory assets under management

Item 5.F
$288,186,234

$288,186,234 as of October 2026, filing dated September 24, 2026.

Discretionary: $284,299,910.Non-discretionary: $3,886,324.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

Who the firm serves

Item 5.D
Individuals (other than high net worth individuals)
Clients 371 Assets $65,130,953 (23%)
High net worth individuals
Clients 137 Assets $212,011,542 (74%)
Pension and profit sharing plans (but not the plan participants or government pension plans)
Clients 9 Assets $8,809,221 (3%)
Corporations or other businesses not listed above
Clients 4 Assets $2,234,518 (1%)

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

Advisory services

Item 5.G
  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
  • Educational seminars/workshops

Registration and firm details

Items 1, 2, 5
Registration
SEC-registered investment adviser. Status as filed: Approved.
Registered since
2020 (6 years)
Employees
Total: 6. Performing investment advisory functions: 6.
Wrap fee program participation
No.
Custodians (Schedule D, Section 5.K(3))

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

States registered or notice-filed
12 states or jurisdictions
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SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

Disclosures

Item 11

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Assets and staff over time

Items 5.A, 5.F
$135M 2021 $177M 2022 $163M 2023 $178M 2024 $228M 2025 $288M 2026
Data periodAssets under managementEmployeesFiling dated
October 2026$288,186,2346September 24, 2026
October 2025$228,175,5274February 11, 2025
October 2024$178,390,0194March 18, 2024
October 2023$163,420,0005March 7, 2023
October 2022$177,452,0005January 25, 2022
October 2021$134,663,3125July 9, 2021

Regulatory assets under management: $134,663,312 in the October 2021 data and $288,186,234 in the October 2026 data, up 114%.

Total employees: 5 in October 2021 and 6 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

Changes in the filing

Last 12 months
  1. March 2026
    • Employees performing advisory functions went from 4 to 6.
    • Regulatory assets under management went from $228,175,527 to $288,186,234 (+26%).
    • Registered or notice-filed in DE, MI, VA.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.

Websites listed on Form ADV

Item 1.I
myinnovawealth.com

Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."

Cite this page

AdvisorCensus. Innova Wealth Partners, LLC (CRD 168500): Form ADV filing data as of October 2026.
https://advisorcensus.com/firm/innova-wealth-partners-llc-newtown-pa-168500