# Innovation X Advisors

> Innovation X Advisors is an SEC-registered investment advisory firm in Rockville, MD, registered since 2022, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 322292
- Filed as: INNOVATION X ADVISORS
- Legal name: Innovation X Advisors, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Rockville, MD
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/322292
- AdvisorCensus page: https://advisorcensus.com/firm/innovation-x-advisors-rockville-md-322292

## Quick answers

**How is Innovation X Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), Innovation X Advisors reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Innovation X Advisors located?**
Innovation X Advisors' principal office is in Rockville, MD, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Innovation X Advisors registered with the SEC or a state?**
Innovation X Advisors is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 322292.

**How much does Innovation X Advisors manage?**
Innovation X Advisors reports $4,516,478,450 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Innovation X Advisors' assets and staff changed since 2022?**
In the Form ADV data for Innovation X Advisors: Regulatory assets under management: $1,167,936,364 in the October 2023 data and $4,516,478,450 in the October 2026 data, up 287%. Total employees: 4 in October 2022 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Innovation X Advisors serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (19).

**Does Innovation X Advisors 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/322292

**What changed in Innovation X Advisors' recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $1,832,798,432 to $4,516,478,450 (+146%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $4,516,478,450
- Discretionary: $4,516,478,450
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 19 | $4,516,478,450 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2022 (4 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- New York, NY

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | Not reported | 4 | June 8, 2022 |
| October 2023 | $1,167,936,364 | 4 | March 29, 2023 |
| October 2024 | $1,356,136,246 | 4 | May 21, 2024 |
| October 2025 | $1,832,798,432 | 4 | March 25, 2025 |
| October 2026 | $4,516,478,450 | 4 | March 31, 2026 |

Regulatory assets under management: $1,167,936,364 in the October 2023 data and $4,516,478,450 in the October 2026 data, up 287%.
Total employees: 4 in October 2022 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $1,832,798,432 to $4,516,478,450 (+146%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Innovation X Advisors (CRD 322292): Form ADV filing data as of October 2026.