{"url":"https://nivawealth.com/firms/innovative-financial-127469","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/127469","regulatoryAum":105290978,"crd":"127469","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4436189","suffix":null,"lastName":"SMOLEN","firstName":"DEDE","middleName":"M"},{"crd":"6611103","suffix":null,"lastName":"Wang","firstName":"Betty","middleName":"Lin"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"secFileNumber":"801-135286","legalName":"Innovative Financial, LLC","displayName":"Innovative Financial","slug":"innovative-financial-127469","website":"https://innovativefinancial.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/127469/483825b87fb4ca78-r1.webp","tone":"light","width":564,"height":200,"sourceUrl":"https://www.innovativefinancial.com/","sourceLabel":"Innovative Financial, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Colorado limited liability company","fiscalYearEnd":"December","headquarters":{"street":"355 South Teller Street, Suite 200","city":"Lakewood","state":"CO","stateName":"Colorado","country":"United States","postalCode":"80226"},"tradeNames":[],"registration":{"secApproved":"6 February 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":915573.7217391304,"staff":{"employees":3,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":1},"aum":{"regulatory":105290978,"discretionary":105290978,"discretionaryAccounts":85,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":1},"clientTypes":[{"label":"Individuals (other than HNW)","clients":54,"regulatoryAum":27589902},{"label":"High-net-worth individuals","clients":61,"regulatoryAum":77701076}],"feePrograms":[{"role":"main","program":"Portfolio Management","feeBasis":"marginal","fee_tiers":[{"to":1000000,"pct":1,"from":0},{"to":3000000,"pct":0.8,"from":1000000},{"to":null,"pct":0.6,"from":3000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050459","versionId":1050459,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-07-01","documentName":"INNOVATIVE FINANCIAL FORM ADV PART 2","fee_rate_low":0.6,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":500000,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Ongoing Financial Planning","summary":"An initial fee of $0 to $5,000, then a quarterly fee of $1,000 to $10,000 based on complexity.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050459","versionId":1050459,"submittedOn":"2026-07-01","documentName":"INNOVATIVE FINANCIAL FORM ADV PART 2"},{"role":"other","program":"Project Based Financial Planning","summary":"A fixed fee of $500 to $15,000, agreed before work starts and negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050459","versionId":1050459,"submittedOn":"2026-07-01","documentName":"INNOVATIVE FINANCIAL FORM ADV PART 2"},{"role":"other","program":"Tax Preparation and Tax Planning","summary":"A flat fee starting at $500 for a standard federal and state return; routine returns may be included for clients paying $10,000 or more a year in advisory fees.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050459","versionId":1050459,"submittedOn":"2026-07-01","documentName":"INNOVATIVE FINANCIAL FORM ADV PART 2"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T12:54:32.67794+00:00","documents":[{"name":"INNOVATIVE FINANCIAL FORM ADV PART 2","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050459","versionId":1050459,"submittedOn":"2026-07-01"}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":105290978}],"custodyNote":"Innovative Financial does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Betty Wang","title":"Managing Member & Chief Compliance Officer","crd":"6611103"}],"ownership":[{"label":"Betty Wang","detail":"Managing member & chief compliance officer in the 75% or more ownership band and a control person, since July 2026."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Colorado","offices":1,"addresses":[{"street":"355 South Teller Street, Suite 200","city":"Lakewood","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"303-275-7170","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Other"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":97},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"1 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/127469/PDF/127469.pdf","brochureDate":"1 July 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050459","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Innovative Financial have?","answer":"Innovative Financial has 115 clients and manages $105 million for them, as of July 2026. They include 61 high-net-worth individuals and 54 individual clients.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 1 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Innovative Financial offer?","answer":"Innovative Financial provides financial planning and portfolio management for individuals and small businesses.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Innovative Financial charge?","answer":"Innovative Financial charges 0.60%–1.00% a year for its Portfolio Management. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and requires an account of at least $500,000.","source":"INNOVATIVE FINANCIAL FORM ADV PART 2, filed 1 July 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Innovative Financial use?","answer":"Innovative Financial’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $105M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Innovative Financial have?","answer":"Innovative Financial has 1 investment adviser representative registered with state securities authorities, out of 3 employees, and 1 perform investment advisory functions. None are registered representatives of a broker-dealer or 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":"What does Innovative Financial invest in?","answer":"At the end of its last fiscal year, Innovative Financial’s separately managed accounts held 97% registered funds (mutual funds, ETFs, BDCs), 2% exchange-traded equities and 1% cash and equivalents.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Innovative Financial have a minimum investment?","answer":"Yes, Innovative Financial’s minimum account size for its Portfolio Management is $500K.","source":"INNOVATIVE FINANCIAL FORM ADV PART 2, filed 1 July 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Innovative Financial?","answer":"Innovative Financial’s direct owner is Betty Wang (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 1 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Innovative Financial get paid?","answer":"Innovative Financial is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees 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":"How do I contact Innovative Financial?","answer":"Innovative Financial’s main office is at 355 South Teller Street, Suite 200, Lakewood, CO 80226. Its phone number is 303-275-7170. Its website is innovativefinancial.com.","source":"Form ADV Part 1A, Item 1.F, filed 1 July 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."}