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Innovative Private Wealth Management Inc.

● SEC registered since 2023CRD 324586SEC# 801-127387Somers, NY
Export (members)
Ranks #4,311 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$367M
Fund GAV
$138M
Private funds
8
Employees
10
Accounts
711
Location
Somers, NY

Innovative Private Wealth Management Inc. assets under management

Innovative Private Wealth Management Inc. operates as an SEC-registered investment adviser based in Somers, NY. The firm has been registered since 2023. It reports $367 million in regulatory assets under management and employs 10 people. Innovative Private Wealth Management Inc. manages 8 private funds with combined gross assets of $138 million, including Innovative Development Funds LLC. By regulatory assets, it ranks 4,311 of 6,004 private fund managers.

Innovative Private Wealth Management Inc. private funds

8 funds · $138M GAV
FundTypeGross assetsMin.
Innovative Development Funds LLCOther Private$59.7M$250K
Innovative Development Funds LLC Infra II SeriesPrivate Equity$29.1M$250K
Innovative Energy Fund GPPrivate Equity$13.4M$250K
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Innovative Private Wealth Management Inc. owners & executives

1 reported
NameTitleOwnershipSince
Nicholas Joeseph Mancini ControlPresident / Chief Compliance OfficerOver 75%2023

Frequently asked questions

How much does Innovative Private Wealth Management Inc. manage?

Innovative Private Wealth Management Inc. reports $367 million in regulatory assets under management on its Form ADV.

How many private funds does Innovative Private Wealth Management Inc. manage?

Innovative Private Wealth Management Inc. manages 8 private funds with combined gross assets of $138 million.

How many employees does Innovative Private Wealth Management Inc. have?

Innovative Private Wealth Management Inc. reports 10 employees.

Where is Innovative Private Wealth Management Inc. located?

Innovative Private Wealth Management Inc. is based in Somers, NY and has been SEC-registered since 2023.

Does Innovative Private Wealth Management Inc. disclose fund performance?

Innovative Private Wealth Management Inc. is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address361 Route 202, Somers, NY 10589
Phone914-427-8036
Fax914-500-2375
Office hoursAppointment Only
SEC regionNew York Regional Office (NYRO)
Discloses disciplinary historyNo

Regulatory AUM

$367M▲ 210%
Mar '25 — $118.3MApr '25 — $118.3MMay '25 — $118.3MJun '25 — $118.3MJul '25 — $118.3MAug '25 — $118.3MSep '25 — $118.3MOct '25 — $118.3MNov '25 — $118.3MDec '25 — $118.3MJan '26 — $118.3MFeb '26 — $118.3MMar '26 — $118.3MApr '26 — $367MMay '26 — $367MJun '26 — $367M
Mar '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 56%
Larger than 44% of 16,271 advisers
AUM vs fund managersTop 72%
Larger than 28% of 6,004 private-fund managers
Number of fundsTop 30%
More funds than 70% of fund managers
EmployeesTop 40%
More than 60% of 16,825 advisers

Assets under management

$367Mregulatory AUM
Discretionary $285.4MNon-discretionary $81.6M

Fund type mix

Private Equity5
Other Private2
Venture Capital1