Innovative Portfolios LLC is an investment adviser to an investment company based in Indianapolis. It manages $202.06 thousand of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Arizona, California, Indiana, New Jersey, and Texas.
Innovative Portfolios provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Innovative Portfolios LLC is $202.06 thousand, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Innovative Portfolios LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Innovative Portfolios is investment companies with 1 clients and $202.06 thousand of assets under management. Among the 2 most similar advisory firms, Innovative Portfolios has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $202.06 thousand for 1 clients. None of the firm’s clients are foreign persons or businesses.
Innovative Portfolios doesn't advise any private funds.
The company employs 16 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 14 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Innovative Portfolios LLC performs its advisory services is located at 8801 River Crossing Blvd, Indianapolis, IN 46240, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 317-689-6450 or by fax 317-689-6455. The normal business hours are 8:30 a.m. - 5 p.m. est on Monday - Friday. You can find more information about the New York firm at innovativeportfolios.com.