Innova Wealth Partners, LLC logo

Innova Wealth Partners, LLC

Updated today

Client assets under management

$277,142,495

Clients

508

27% high-net worth

Advisors

5

of 6 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

102

High

Average account size

$545,556

About

Innova Wealth Partners provides discretionary portfolio management, financial planning, pension consulting, and paid educational retirement courses to individuals (including high‑net‑worth clients), trusts, pension plan participants, and businesses; the firm’s brochure reports approximately $284 million in discretionary assets under management and an account minimum of $100,000 that may be waived. Portfolios are constructed using ETFs, mutual funds and other securities across equities, fixed income, currencies and real assets.

The firm documents client‑specific Investment Policy Statements and implements strategies informed by fundamental, technical and cyclical analysis, employing both long‑ and short‑term trading under discretionary authority. IWP also discloses its use of sub‑advisors — including a Vanguard personalized indexing manager for equity mandates and Syntheticfi LLC for a box‑spread option strategy — and monitors associated risks such as leverage, derivatives and margin.

Notable distinctions in the brochure include disclosure that the firm uses endorsements and advertises third‑party ratings in its marketing, and that it offers educational seminars and low‑cost courses to clients and the public. The firm also explicitly describes using derivatives and borrowing within separately managed arrangements (via the Syntheticfi box‑spread approach) as an alternative to traditional margin or securities‑based lending, and discloses the attendant risks.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers Educational seminars or workshops

Expertise

Retirement income strategy Social Security optimization Cash flow / budgeting

Fee options

Fixed

Financial Planning one-time flat fee $500 - $10,000

Percentage

Up to 2.00% annualized, negotiable depending on client needs and complexity

Commissions

Certain IWP representatives are licensed insurance agents and earn commissions on insurance products sold, separate from advisory fees

Other

Account minimum: $100,000 (may be waived) Fee-only: Financial Planning flat fees $500 - $10,000 depending on complexity; ongoing consulting $1,000 - $2,000 per month

Main office location

Innova Wealth Partners, LLC

12 Terry Drive, Suite 203

Newtown PA 18940, United States

Number of offices

3

Most active in

California · Colorado · Delaware · Florida · Maryland · Massachusetts · Michigan · New Jersey · New York · Pennsylvania · Texas · Virginia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

William B

Series 63, Series 65

Newtown, PA

Innova Wealth Partners, LLC

William Bromley is a financial advisor with Innova Wealth Partners, LLC, holding Series 63 and Series 65 licenses and bringing 19 years of industry experience. He has been with Innova Wealth Partners since 2013. Outside of his advisory role, Mr. Bromley is a licensed insurance agent with Innova Settlement Services, LLC and occasionally offers clients insurance products. Innova Wealth Partners provides discretionary portfolio management and pension consulting to individuals, trusts, pension plan participants, and businesses. The firm employs a range of investment strategies, including the use of ETFs, mutual funds, and sub-advisory services, and offers fee-based educational retirement courses and workshops.

Retirement income strategy Social Security optimization Cash flow / budgeting
user avatar

Kyle B

Series 65

Newtown, PA

Innova Wealth Partners, LLC

Kyle Bruner is a financial advisor at Innova Wealth Partners, LLC with a Series 65 designation and one year of industry experience. Prior to joining Innova Wealth Partners, he worked in the construction industry and held teaching positions at Dallastown Area High School and Middle School. Innova Wealth Partners provides discretionary portfolio management and pension consulting to individuals, trusts, pension plan participants, and businesses. The firm employs a range of investment approaches including fundamental, technical, and cyclical analysis, and offers fee-based educational retirement courses and workshops.

Retirement income strategy Social Security optimization Cash flow / budgeting
user avatar

Ian F

Series 65

Newtown, PA

Innova Wealth Partners, LLC

Ian Foster is a financial advisor at Innova Wealth Partners, LLC with 13 years of industry experience. He holds a Series 65 designation and has been with Innova Wealth Partners since 2013. In addition to his advisory role, Foster is a licensed insurance agent with Innova Settlement Services, LLC and occasionally offers related products to clients. Innova Wealth Partners provides discretionary portfolio management and pension consulting to individuals, trusts, pension plan participants, and businesses. The firm uses a combination of fundamental, technical, and cyclical analysis across various asset classes and incorporates third-party sub-advisory and held-away account services as part of its investment approach.

Retirement income strategy Social Security optimization Cash flow / budgeting
user avatar

Stephen S

Series 63, Series 65

Newtown, PA

Innova Wealth Partners, LLC

Stephen Schmidt is a financial advisor with Innova Wealth Partners, LLC, holding Series 63 and Series 65 licenses and bringing 20 years of industry experience. He has been with Innova Wealth Partners since 2013. In addition to his advisory role, Mr. Schmidt is a licensed insurance agent with Innova Settlement Services, LLC, through which he occasionally offers clients insurance products. Innova Wealth Partners provides discretionary portfolio management and pension consulting services to individuals, trusts, pension plan participants, and businesses. The firm employs a diversified investment approach using ETFs, mutual funds, and other securities across multiple asset classes, alongside fee-based educational retirement courses and workshops.

Retirement income strategy Social Security optimization Cash flow / budgeting
user avatar

Jonathan I

CFP®, Series 66

Newtown, PA

Innova Wealth Partners, LLC

Jonathan Inzero is a CFP® with 13 years of industry experience, currently serving as an advisor at Innova Wealth Partners, LLC since 2015. He holds a Series 66 license and is also a licensed insurance agent with Innova Settlement Services, LLC, through which he occasionally offers commissionable insurance products. Innova Wealth Partners, LLC provides discretionary portfolio management and pension consulting to individuals, trusts, pension plan participants, and businesses. The firm employs a combination of fundamental, technical, and cyclical analysis across various asset classes and offers fee-based educational retirement courses and workshops.

Retirement income strategy Social Security optimization Cash flow / budgeting
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