{"url":"https://nivawealth.com/firms/innovation-x-advisors-322292","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/322292","regulatoryAum":4516478450,"crd":"322292","history":[{"filedOn":"2022-06-08","regulatoryAum":0,"clients":0,"employees":4,"offices":2},{"filedOn":"2023-03-29","regulatoryAum":1167936364,"clients":13,"employees":4,"offices":2},{"filedOn":"2024-05-21","regulatoryAum":1356136246,"clients":15,"employees":4,"offices":2},{"filedOn":"2025-03-25","regulatoryAum":1832798432,"clients":19,"employees":4,"offices":2},{"filedOn":"2026-03-31","regulatoryAum":4516478450,"clients":19,"employees":4,"offices":2}],"secFileNumber":"801-126051","legalName":"Innovation X Advisors, LLC","displayName":"Innovation X Advisors","slug":"innovation-x-advisors-322292","website":"https://innovationxadvisors.com/","classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1445 Research BLVD., Suite 530","city":"Rockville","state":"MD","stateName":"Maryland","country":"United States","postalCode":"20850"},"tradeNames":[],"registration":{"secApproved":"12 July 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":4,"advisory":3,"brokerDealerReps":4,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":4516478450,"discretionary":4516478450,"discretionaryAccounts":19,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":19,"regulatoryAum":4516478450}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Innovation X Advisors does not have custody of client assets.","leadership":[{"name":"Angela Holland","title":"Chief Compliance Officer","crd":"3166586"},{"name":"Roger Monteforte","title":"Member","crd":"2620003"}],"ownership":[{"label":"Roger Monteforte","detail":"Member in the 75% or more ownership band and a control person, since June 2022."}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Maryland","offices":1,"addresses":[{"street":"1445 Research BLVD., Suite 530","city":"Rockville","headquarters":true}]},{"state":"New York","offices":1,"addresses":[{"street":"80 Broad Street","city":"New York"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"240-223-1988","stateRegisteredReps":2,"otherAdviserReps":2,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":20},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/322292/PDF/322292.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Innovation X Advisors have?","answer":"Innovation X Advisors has 19 clients and manages $4.52 billion for them, as of March 2026. They include 19 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Innovation X Advisors offer?","answer":"Innovation X Advisors provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Innovation X Advisors have?","answer":"Innovation X Advisors has 2 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 perform investment advisory functions. 4 employees are registered representatives of a broker-dealer and 0 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Innovation X Advisors?","answer":"Innovation X Advisors’ direct owner is Roger Monteforte (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Innovation X Advisors get paid?","answer":"Innovation X Advisors is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Innovation X Advisors registered with the SEC?","answer":"Yes, Innovation X Advisors has been registered with the SEC as an investment adviser since 12 July 2022. Its CRD number is 322292 and its SEC file number is 801-126051.","source":"Form ADV Part 1A, Item 1, filed 31 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Innovation X Advisors?","answer":"Innovation X Advisors’ main office is at 1445 Research BLVD., Suite 530, Rockville, MD 20850. Its phone number is 240-223-1988. Its website is innovationxadvisors.com.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}