# Invex Next, LLC

> Invex Next, LLC is an SEC-registered investment advisory firm in Coral Gables, FL, registered since 2023, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 10, 2026.

- CRD: 328201
- Filed as: INVEX NEXT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Coral Gables, FL
- Filing period: October 2026
- Form ADV filing dated: March 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/328201
- AdvisorCensus page: https://advisorcensus.com/firm/invex-next-llc-coral-gables-fl-328201

## Quick answers

**How is Invex Next, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Invex Next, LLC reports these compensation arrangements: a percentage of assets under its management.

**How much does Invex Next, LLC charge?**
Its Form ADV Part 2A brochure dated March 10, 2026 states: Asset-based fee: 1% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Invex Next, LLC located?**
Invex Next, LLC's principal office is in Coral Gables, FL, according to its Form ADV.

**Is Invex Next, LLC registered with the SEC or a state?**
Invex Next, LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 328201.

**How much does Invex Next, LLC manage?**
Invex Next, LLC reports $3,032,000 in regulatory assets under management in its Form ADV filing dated March 10, 2026 (100% discretionary).

**How have Invex Next, LLC's assets and staff changed since 2024?**
In the Form ADV data for Invex Next, LLC: Regulatory assets under management: $330,687 in the October 2024 data and $3,032,000 in the October 2026 data, up 817%. Total employees: 8 in October 2024 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Invex Next, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (76).

**Which custodians does Invex Next, LLC use?**
Invex Next, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Interactive Brokers LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Invex Next, 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/328201

**Does Invex Next, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 10, 2026 says: "In general, we require a minimum of $50,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size."

**What changed in Invex Next, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $2,177,825 to $3,032,000 (+39%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 10, 2026)

- Asset-based fee: 1% to 2% a year (a range, as the brochure states it)

> Our annual fee for portfolio management services varies between 1.00% to 2.00% depending upon the market value of your assets under our management, the type and complexity of the asset management services provided, as well as the level of administration requested either directly or assumed by the client.

- Account minimum: $50,000 (the brochure says it may be waived or negotiated)

> In general, we require a minimum of $50,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size.

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

### Custodians (Schedule D, Section 5.K(3))
- Interactive Brokers LLC

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: $3,032,000
- Discretionary: $3,032,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 76 | $3,032,000 |

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

### Firm details
- Registered since: 2023 (2 years)
- Employees: 8 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- join.nextbyinvex.us

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $330,687 | 8 | March 29, 2024 |
| October 2025 | $2,177,825 | 8 | March 31, 2025 |
| October 2026 | $3,032,000 | 8 | March 10, 2026 |

Regulatory assets under management: $330,687 in the October 2024 data and $3,032,000 in the October 2026 data, up 817%.
Total employees: 8 in October 2024 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $2,177,825 to $3,032,000 (+39%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Invex Next, LLC (CRD 328201): Form ADV filing data as of October 2026.