INNOVATIVE ADVISORY GROUP
INNOVATIVE ADVISORY GROUP, LLC Legal Name
Adviser information for INNOVATIVE ADVISORY GROUP last updated from Form ADV on March 18th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Massachusetts, United States |
Employees
| Total Number of Employees | 9 |
|---|---|
| Investment Advisory/Research | 9 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 9 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 7 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 782 | $129.0M |
| Non-Discretionary | 0 | $0 |
| Total | 782 | $129.0M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 270 | $71.3M |
| HNW Individuals | 29 | $57.6M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 1 | $150,000 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 300 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 11-25 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-122046 |
|---|---|
| SEC ERA File Number | 801-122046 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 146618 |
| Legal Entity Identifier | None |
Principal Office
394 LOWELL STREET, SUITE 8LEXINGTON
MA
United States
Monday - Friday, 9-5
Tel: 781-577-2782, Fax: 781-268-5060
Chief Compliance Officer
RAJEEV KOTYAN
CCO
394 LOWELL STREET, SUITE 8
LEXINGTON
MA
United States
Tel:
781-577-2782
Fax:
781-268-5060
R*****@*******************M
(Full email address available in API data)
Regulatory Contact
KIRK CHISHOLM
PRINCIPAL
394 LOWELL STREET, SUITE 8
LEXINGTON
MA
United States
Tel:
617-372-9033
Fax:
781-268-5060
K***@*******************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BLUE HAVEN GROUP INC | Domestic Entity | – | MEMBER | 02/2008 | 50-75% |
| KOTYAN, RAJEEV, H | Individual | BLUE HAVEN GROUP, INC | PRESIDENT | 02/2008 | > 75% |
| KOTYAN, RAJEEV, H | Individual | – | CCO | 02/2008 | < 5% |
| STIRLING GLOBAL ADVISORS, LLC | Domestic Entity | – | MEMBER | 11/2008 | 50-75% |
| CHISHOLM, KIRK, RONALD | Individual | – | PRESIDENT | 11/2008 | < 5% |
| CHISHOLM, KIRK, RONALD | Individual | STIRLING GLOBAL ADVISORS, LLC | VICE PRESIDENT | 11/2008 | > 75% |