DFX Intelligence

Data Factory

RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

INNOVATIVE WEALTH BUILDING LLC

CRD 314942

CALIFORNIA, MD

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:56b8767b-3c55-e671-7297-ce9eb51c8587

Data as of Aug 24, 2026 (this record's last observation) from federal regulator filings. Page built Sep 18, 2026, 11:00 PM UTC and rebuilt at most every 15 minutes.

Relationships: 13
Dated events: 8
On other graphs: 0
Observed: May 19, 2021 to Aug 24, 2026
32 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $657MItem 5.F on the latest filing (2026-08-24); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $650M
Private client RAUM: $657MderivedItem 5.D individuals plus high net worth individuals
Private client share: 100%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 8
RAUM per advisor: $82.2Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 17
Advisory employees: 8
Offices: 2Schedule D 1.F, beyond the principal office
Accounts: 4,646
Individual clients: 1,567
High net worth clients: 203
Custody, client assets: $434M
SEC number: 801-121542
CRD: 314942
Filings on the tape: 32
First filed: May 19, 2021
Latest filed: Aug 24, 2026
Organised: Limited Liability Company, MD

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
Jennifer Brooks Hill	n/a	CALIFORNIA, MD	5	11	1	no
Warren P Brooks	n/a	CALIFORNIA, MD	5	27	3	no
Carman Michael Kubanda	n/a	CALIFORNIA, MD \| Fort Worth, TX	3	14	1	no
Lee Weinstein	n/a	Studio City, CA \| CALIFORNIA, MD	2	13	n/a	no
Joseph Tyler Chavel	n/a	CALIFORNIA, MD	1	12	n/a	no
Coy D Baldwin	n/a	CALIFORNIA, MD	1	23	n/a	no
Vincent J Petrillo	n/a	CALIFORNIA, MD	0	15	n/a	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
Brooks, Warren, Paul	PRESIDENT & CEO	C	yes	07/2021	Jul 13, 2021	Sep 13, 2024
Hill, Jennifer, Brooks	MANAGING PARTNER	C	yes	07/2021	Jul 13, 2021	Sep 13, 2024
Parham, Kennah, G	MANAGING PARTNER	C	yes	07/2021	Jul 8, 2021	Sep 13, 2024
PARHAM, TERRY, EVERETT	MANAGING MEMBER & CHIEF COMPLIANCE OFFICER	C	yes	03/2021	May 19, 2021	Sep 13, 2024

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
SHERMAN OAKS	CA	United States	2	no
n/a	n/a	n/a	1	no

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line; showing 5 of 6

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 12, 2026	$657M	$650M	17	8	2	n/a	n/a
2024	Mar 7, 2025	$525M	$507M	17	8	2	n/a	n/a
2023	Feb 29, 2024	$419M	$0	16	7	2	n/a	n/a
2022	Mar 9, 2023	$356M	$0	8	4	1	n/a	n/a
2021	Mar 17, 2022	$309M	$0	8	4	0	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	1	-1	12.5%	0	1	0	0	1

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$657M	$525M	25.2%	$356M	22.7%	17	17	2	2

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
FIRST COMMAND ADVISORY SERVICES	2	Aug 4, 2021	Jul 14, 2021	FORT WORTH, TX	Team lift out	Ibd to new firm	0.3%

Relationships

Registered with (8)

← Vincent J PetrilloAdvisorregistration: current employment
Dec 18, 2025 to presentfactForm ADV
← Coy D BaldwinAdvisorregistration: current employment
Jan 1, 2025 to presentfactForm ADV
← Joseph Tyler ChavelAdvisorregistration: current employment
Oct 19, 2024 to presentfactForm ADV
← Lee WeinsteinAdvisorregistration: current employment
Apr 30, 2024 to presentfactForm ADV
← Carman Michael KubandaAdvisorregistration: current employment
Jun 1, 2023 to presentfactForm ADV
← Warren P BrooksAdvisorregistration: current employment
Jul 14, 2021 to presentfactForm ADV
← Jennifer Brooks HillAdvisorregistration: current employment
Jul 9, 2021 to presentfactForm ADV
← TERRY EVERETT PARHAMAdvisorregistration: current employment
Jun 24, 2021 to presentfactForm ADV

Controls (4)

← Brooks, Warren, PaulOwnerPRESIDENT & CEO, ownership code C, individual
Jul 13, 2021 to Sep 13, 2024factForm ADV
← Hill, Jennifer, BrooksOwnerMANAGING PARTNER, ownership code C, individual
Jul 13, 2021 to Sep 13, 2024factForm ADV
← PARHAM, TERRY, EVERETTOwnerMANAGING MEMBER & CHIEF COMPLIANCE OFFICER, ownership code C, individual
May 19, 2021 to Sep 13, 2024factForm ADV
← Parham, Kennah, GOwnerMANAGING PARTNER, ownership code C, individual
Jul 8, 2021 to Sep 13, 2024factForm ADV

Moved with (1)

← FIRST COMMAND ADVISORY SERVICESRegistered adviser2 advisors, team lift out, same day
Aug 4, 2021 to Jul 14, 2021factForm ADV

Dated events

Occurred
Sep 3, 2026
Advisor changed firm
Kennah G Parham left Innovative Wealth Building LLC for Private Advisor Group, LLC (registered 2026-09-15)
Form ADVobserved 2 days ago
Occurred
Mar 12, 2026
Regulatory AUM changed
Innovative Wealth Building Llc reported RAUM $657.2M, up 25% from $525.0M (2025-10-07 to 2026-03-12)
Form ADVobserved 3 days ago
$132M
Occurred
Feb 28, 2025
Regulatory AUM changed
Innovative Wealth Building Llc reported RAUM $525.0M, up 25% from $418.7M (2024-09-13 to 2025-02-28)
Form ADVobserved 3 days ago
$106M
Occurred
Mar 10, 2022
Regulatory AUM changed
Innovative Wealth Building Llc reported RAUM $321.8M, up 56% from $206.5M (2022-02-14 to 2022-03-10)
Form ADVobserved 3 days ago
$115M
Occurred
Jul 13, 2021
Control person joined
Brooks Jennifer Hill (Managing Partner) appeared on Schedule A of Innovative Wealth Building Llc
Form ADVobserved 3 days ago
Occurred
Jul 13, 2021
Control person joined
Paul Warren Brooks (President & Ceo) appeared on Schedule A of Innovative Wealth Building Llc
Form ADVobserved 3 days ago
Occurred
Jul 8, 2021
Control person joined
G Kennah Parham (Managing Partner) appeared on Schedule A of Innovative Wealth Building Llc
Form ADVobserved 3 days ago
Occurred
May 19, 2021
First Form ADV filing
Innovative Wealth Building Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 3 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:56b8767b-3c55-e671-7297-ce9eb51c8587
First observed: May 19, 2021
Last observed: Aug 24, 2026 25 days ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

INNOVATIVE WEALTH BUILDING LLC

CRD 314942

CALIFORNIA, MD

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:56b8767b-3c55-e671-7297-ce9eb51c8587

Data as of Aug 24, 2026 (this record's last observation) from federal regulator filings. Page built Sep 18, 2026, 11:00 PM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

Jennifer Brooks Hill

n/a

CALIFORNIA, MD

Warren P Brooks

n/a

CALIFORNIA, MD

Carman Michael Kubanda

n/a

CALIFORNIA, MD | Fort Worth, TX

Lee Weinstein

n/a

Studio City, CA | CALIFORNIA, MD

n/a

Joseph Tyler Chavel

n/a

CALIFORNIA, MD

n/a

Coy D Baldwin

n/a

CALIFORNIA, MD

n/a

Vincent J Petrillo

n/a

CALIFORNIA, MD

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

Brooks, Warren, Paul

PRESIDENT & CEO

yes

07/2021

Jul 13, 2021

Sep 13, 2024

Hill, Jennifer, Brooks

MANAGING PARTNER

yes

07/2021

Jul 13, 2021

Sep 13, 2024

Parham, Kennah, G

MANAGING PARTNER

yes

07/2021

Jul 8, 2021

Sep 13, 2024

PARHAM, TERRY, EVERETT

MANAGING MEMBER & CHIEF COMPLIANCE OFFICER

yes

03/2021

May 19, 2021

Sep 13, 2024

City

State

Country

Employees

Also broker-dealer

SHERMAN OAKS

United States

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 12, 2026

$657M

$650M

n/a

2024

Mar 7, 2025

$525M

$507M

n/a

2023

Feb 29, 2024

$419M

n/a

2022

Mar 9, 2023

$356M

n/a

2021

Mar 17, 2022

$309M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

-1

12.5%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$657M

$525M

25.2%

$356M

22.7%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

FIRST COMMAND ADVISORY SERVICES

Aug 4, 2021

Jul 14, 2021

FORT WORTH, TX

Team lift out

Ibd to new firm

0.3%