# Innovative Private Wealth Management Inc.

> Innovative Private Wealth Management Inc. is an SEC-registered investment advisory firm in Somers, NY, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 17, 2026.

- CRD: 324586
- Filed as: INNOVATIVE PRIVATE WEALTH MANAGEMENT INC.
- Also doing business as: INNOVATIVE INVESTMENT MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Somers, NY
- Filing period: October 2026
- Form ADV filing dated: September 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/324586
- AdvisorCensus page: https://advisorcensus.com/firm/innovative-private-wealth-management-inc-somers-ny-324586

## Quick answers

**How is Innovative Private Wealth Management Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Innovative Private Wealth Management Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Innovative Private Wealth Management Inc. charge?**
Its Form ADV Part 2A brochure dated July 31, 2026 states: Hourly rate: $400 an hour (stand-alone financial consulting services); Subscription: up to $10,000 a month (ongoing consulting arrangements). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Innovative Private Wealth Management Inc. located?**
Innovative Private Wealth Management Inc.'s principal office is in Somers, NY, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Innovative Private Wealth Management Inc. registered with the SEC or a state?**
Innovative Private Wealth Management Inc. is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 324586.

**How much does Innovative Private Wealth Management Inc. manage?**
Innovative Private Wealth Management Inc. reports $367,006,766 in regulatory assets under management in its Form ADV filing dated September 17, 2026 (78% discretionary).

**How have Innovative Private Wealth Management Inc.'s assets and staff changed since 2023?**
In the Form ADV data for Innovative Private Wealth Management Inc.: Regulatory assets under management: $39,943,615 in the October 2023 data and $367,006,766 in the October 2026 data, up 819%. Total employees: 1 in October 2023 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Innovative Private Wealth Management Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (369); high net worth individuals (22); corporations or other businesses not listed above (18).

**Which custodians does Innovative Private Wealth Management Inc. use?**
Innovative Private Wealth Management Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Valley Bank as custodians holding 10% or more of its separately managed account assets.

**Does Innovative Private Wealth Management Inc. 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/324586

**Does Innovative Private Wealth Management Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated July 31, 2026 says: "IPWM generally requires a minimum account size of $100,000 for advisory accounts. However, from time-to-time, in its sole discretion, IPWM may accept smaller accounts based on various criteria, such as anticipated future assets, related accounts, and other factors."

**What changed in Innovative Private Wealth Management Inc.'s recent Form ADV filings?**
In the October 2026 filing data: No longer lists an office in Colts Neck, NJ. No longer lists an office in Park Ridge, NJ. No longer lists an office in Woodmere, NY.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated July 31, 2026)

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

> IPWM generally requires a minimum account size of $100,000 for advisory accounts. However, from time-to-time, in its sole discretion, IPWM may accept smaller accounts based on various criteria, such as anticipated future assets, related accounts, and other factors.

- Hourly rate: $400 an hour (stand-alone financial consulting services)

> IPWM charges a negotiable hourly fee of $400 for stand-alone financial consulting services.

- Subscription: up to $10,000 a month (ongoing consulting arrangements)

> For ongoing consulting arrangements, we charge a monthly fee ranging up to $10,000.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Valley Bank

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.

### Regulatory assets under management (Item 5.F)
- Total: $367,006,766
- Discretionary: $285,370,757
- Non-discretionary: $81,636,009

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 369 | $84,224,680 |
| High net worth individuals | 22 | $62,330,418 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 8 | $137,969,599 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 18 | $82,482,069 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2023 (3 years)
- Employees: 10 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, DC, FL, GA, IN, NJ, NY, PA, SC, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Greenville, SC

### Websites listed on Form ADV (Item 1.I)
- innovativecapsolutions.com
- innovativeinvestmentmanagement.com
- innovativepwm.com
- LinkedIn @103126319

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $39,943,615 | 1 | August 22, 2023 |
| October 2024 | $102,684,067 | 4 | June 26, 2024 |
| October 2025 | $118,258,916 | 7 | May 7, 2025 |
| October 2026 | $367,006,766 | 10 | September 17, 2026 |

Regulatory assets under management: $39,943,615 in the October 2023 data and $367,006,766 in the October 2026 data, up 819%.
Total employees: 1 in October 2023 and 10 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- No longer lists an office in Colts Neck, NJ.
- No longer lists an office in Park Ridge, NJ.
- No longer lists an office in Woodmere, NY.

### June 2026
- Changed its office addresses in Greenville, SC.
- Added an office in Colts Neck, NJ.
- Added an office in Park Ridge, NJ.
- Added an office in Woodmere, NY.

### May 2026
- Regulatory assets under management went from $118,258,916 to $367,006,766 (+210%).
- No longer lists an office in Greer, SC.

### December 2025
- Registered or notice-filed in DC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Innovative Private Wealth Management Inc. (CRD 324586): Form ADV filing data as of October 2026.