{
  "crd_number": 146344,
  "slug": "innovation-partners-llc-charlotte-nc-146344",
  "primary_business_name": "INNOVATION PARTNERS LLC",
  "legal_name": "INNOVATION PARTNERS LLC.",
  "dbas": [],
  "city": "Charlotte",
  "state": "NC",
  "country": "United States",
  "cbsa_code": "16740",
  "metro": {
    "cbsa_code": "16740",
    "common_name": "Charlotte",
    "msa_name": "Charlotte-Concord-Gastonia, NC-SC",
    "path": "/advisors/nc/charlotte"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2013-10-24",
  "years_registered": 12,
  "period": "2026-10-01",
  "filing_date": "2026-03-24",
  "carried_forward": false,
  "raum_total": 21681537.0,
  "raum_discretionary": 21681537.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "under_25m",
  "raum_band_label": "Under $25 million",
  "total_employees": 305,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 21681537.0,
      "count": 26
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "FL",
    "GA",
    "IA",
    "ID",
    "IN",
    "KS",
    "LA",
    "MA",
    "MD",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "WA",
    "WI"
  ],
  "websites": [
    "https://innovationpartnersllc.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/146344",
  "city_as_filed": "CHARLOTTE",
  "url": "https://advisorcensus.com/firm/innovation-partners-llc-charlotte-nc-146344",
  "display_name": "Innovation Partners LLC",
  "summary": "Innovation Partners LLC is an SEC-registered investment advisory firm in Charlotte, NC, registered since 2013, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 24, 2026.",
  "citation": "AdvisorCensus. Innovation Partners LLC (CRD 146344): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Innovation Partners LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Innovation Partners LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other."
    },
    {
      "q": "How much does Innovation Partners LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 24, 2026 states: Hourly rate: $500 an hour (consulting services/financial planning); Flat fee: $500 to $20,000; Flat fee: $20,000 (financial planning advice combined with investment advisory services for…). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Innovation Partners LLC located?",
      "a": "Innovation Partners LLC's principal office is in Charlotte, NC, according to its Form ADV."
    },
    {
      "q": "Is Innovation Partners LLC registered with the SEC or a state?",
      "a": "Innovation Partners LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 146344."
    },
    {
      "q": "How much does Innovation Partners LLC manage?",
      "a": "Innovation Partners LLC reports $21,681,537 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (100% discretionary)."
    },
    {
      "q": "How have Innovation Partners LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Innovation Partners LLC: Regulatory assets under management: $57,285,886 in the October 2021 data and $21,681,537 in the October 2026 data, down 62%. Total employees: 178 in October 2021 and 305 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Innovation Partners LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (26)."
    },
    {
      "q": "Does Innovation Partners LLC report any disciplinary disclosures?",
      "a": "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/146344"
    },
    {
      "q": "What changed in Innovation Partners LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 0 to 1. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 57285886.0,
      "total_employees": 178,
      "filing_date": "2021-09-20"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 2832989.0,
      "total_employees": 210,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 13736437.0,
      "total_employees": 245,
      "filing_date": "2023-05-15"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 245,
      "filing_date": "2024-03-31"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": 297,
      "filing_date": "2025-07-07"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 21681537.0,
      "total_employees": 305,
      "filing_date": "2026-03-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 0 to 1.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 24, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $500 an hour (consulting services/financial planning)",
      "Flat fee: $500 to $20,000",
      "Flat fee: $20,000 (financial planning advice combined with investment advisory services for…)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $500 an hour (consulting services/financial planning)"
        ],
        "quotes": [
          "If fees are charged on an hourly basis, they may not exceed $500 per hour."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $500 to $20,000"
        ],
        "quotes": [
          "Fixed Fee/Flat Fees - $500.00 - $20,000.00 per plan"
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $20,000 (financial planning advice combined with investment advisory services for…)"
        ],
        "quotes": [
          "Fixed Fee/Flat Fees - $500.00 - $20,000.00 per plan"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 500.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "consulting services/financial planning"
        },
        {
          "kind": "flat",
          "amount": null,
          "min": 500.0,
          "max": 20000.0,
          "period": "one_time",
          "service": "plan"
        },
        {
          "kind": "flat",
          "amount": 20000.0,
          "min": null,
          "max": null,
          "period": "one_time",
          "service": "financial planning advice combined with investment advisory services for plans including Charitable Lead Annuity Trusts"
        }
      ]
    },
    "quotes": [
      "If fees are charged on an hourly basis, they may not exceed $500 per hour.",
      "Fixed Fee/Flat Fees - $500.00 - $20,000.00 per plan",
      "Fixed Fee/Flat Fees - $500.00 - $20,000.00 per plan"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/innovation-partners-llc-charlotte-nc-146344.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 26,
      "fewer_than_5": false,
      "raum": 21681537.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/146344",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}