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RIA / WealthRegistered adviserother adviserSEC registeredRAUM 100m 1b

INNOVA ADVISORS

INNOVA ADVISORS LLC, CRD 318958

CORAL GABLES, FL

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:5b1d6f2a-0a0c-01b6-af78-971075faf4ba

Data as of Aug 28, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 9:52 AM UTC and rebuilt at most every 15 minutes.

Relationships: 11
Dated events: 8
On other graphs: 0
Observed: Apr 27, 2022 to Aug 28, 2026
26 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: other adviserderivedprivate_client_share=0.07 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=1.0
Regulatory AUM: $265MItem 5.F on the latest filing (2026-08-28); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $283,978
Private client RAUM: $17.4MderivedItem 5.D individuals plus high net worth individuals
Private client share: 7%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 2
RAUM per advisor: $132Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 4
Advisory employees: 2
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 54
Individual clients: 26
High net worth clients: 2
SEC number: 801-125747
CRD: 318958
Filings on the tape: 26
First filed: Apr 27, 2022
Latest filed: Aug 28, 2026
Organised: Limited Liability Company, FL
Website: innovadvisors.com

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
Matias Maximiliano Benitez	n/a	CORAL GABLES, FL	1	13	n/a	no
BRUNO GABRIEL LIBONATI	n/a	CORAL GABLES, FL	1	11	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
INNOVA INTERNATIONAL GROUP, INC	HOLDING COMPANY	E	yes	11/2021	Apr 27, 2022	Mar 21, 2024
LIBONATI, BRUNO, GABRIEL	CEO / MANAGING DIRECTOR	Na	yes	08/2022	Apr 27, 2022	Mar 21, 2024
Libonati, Miguel, Angel	Owner	E	yes	11/2021	Apr 27, 2022	Mar 21, 2024
Shah, Rajiv	CHIEF COMPLIANCE OFFICER	Na	yes	11/2023	Aug 16, 2022	Mar 21, 2024
VRIKENY S.A.	HOLDING COMPANY	E	yes	11/2021	Apr 27, 2022	Mar 21, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
SHELLMAN INVESTMENT MANAGEMENT, LLC	n/a	Independent wealth	$210M	N	yes	n/a
SEMINARIO SECURITIES LLC	n/a	n/a	n/a	N	yes	n/a

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

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Private funds	Fund GAV
2025	Mar 24, 2026	$265M	$283,978	4	2	n/a	n/a
2024	Mar 24, 2025	$212M	$129,543	5	2	n/a	n/a
2023	Mar 15, 2024	$192M	$0	5	2	n/a	n/a
2022	Jan 13, 2023	$101M	$0	2	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	50.0%	0	1	0	1	2

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	$265M	$212M	24.9%	$101M	38.1%	4	5	0	0

Relationships

Affiliated with (2)

→ SHELLMAN INVESTMENT MANAGEMENT, LLCRegistered adviserother investment adviser, common control
factForm ADV
← SHELLMAN INVESTMENT MANAGEMENT, LLCRegistered adviserother investment adviser, common control
factForm ADV

Registered with (4)

← BRUNO GABRIEL LIBONATIAdvisorregistration: current employment
Feb 5, 2025 to presentfactForm ADV
← Matias Maximiliano BenitezAdvisorregistration: current employment
Jan 27, 2025 to presentfactForm ADV
← Rajiv ShahAdvisorregistration: previous registration
Jan 18, 2024 to Aug 3, 2026factForm ADV
← GIL O AIKINSAdvisorregistration: previous registration
Jan 13, 2023 to Nov 16, 2023factForm ADV

Controls (5)

← Shah, RajivOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Aug 16, 2022 to Mar 21, 2024factForm ADV
← LIBONATI, BRUNO, GABRIELOwnerCEO / MANAGING DIRECTOR, ownership code NA, individual
Apr 27, 2022 to Mar 21, 2024factForm ADV
← Libonati, Miguel, AngelOwnerOWNER, ownership code E, individual
Apr 27, 2022 to Mar 21, 2024factForm ADV
← INNOVA INTERNATIONAL GROUP, INCOwnerHOLDING COMPANY, ownership code E, domestic entity
Apr 27, 2022 to Mar 21, 2024factForm ADV
← VRIKENY S.A.OwnerHOLDING COMPANY, ownership code E, foreign entity
Apr 27, 2022 to Mar 21, 2024factForm ADV

Dated events

Occurred
Aug 3, 2026
Advisor changed firm
Rajiv Shah left Innova Advisors for Shellman Investment Management, Llc (registered 2024-02-12)
Form ADVobserved 6 days ago
Occurred
Nov 16, 2023
Advisor changed firm
Gil O Aikins left Innova Advisors for Lazari Capital Management, Inc. (registered 2023-04-17)
Form ADVobserved 6 days ago
Occurred
Nov 3, 2022
Control person joined
O Gil Aikins (Chief Compliance Officer) appeared on Schedule A of Innova Advisors
Form ADVobserved 6 days ago
Occurred
Nov 3, 2022
Control person left
Tatiana Caballero (Chief Compliance Officer) no longer on Schedule A of Innova Advisors (listed 2022-09-27, absent 2022-11-03)
Form ADVobserved 6 days ago
Occurred
Sep 27, 2022
Control person joined
Gabriel Bruno Libonatti (Managing Director) appeared on Schedule A of Innova Advisors
Form ADVobserved 6 days ago
Occurred
Aug 16, 2022
Control person joined
Rajiv Shah (Chief Executive Officer) appeared on Schedule A of Innova Advisors
Form ADVobserved 6 days ago
Occurred
Aug 16, 2022
Control person left
Gabriel Bruno Libonatti (Chief Executive Officer) no longer on Schedule A of Innova Advisors (listed 2022-04-27, absent 2022-08-16)
Form ADVobserved 6 days ago
Occurred
Apr 27, 2022
First Form ADV filing
Innova Advisors filed its initial SEC registration (Form ADV)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:5b1d6f2a-0a0c-01b6-af78-971075faf4ba
First observed: Apr 27, 2022
Last observed: Aug 28, 2026 24 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.

INNOVA ADVISORS

INNOVA ADVISORS LLC, CRD 318958

CORAL GABLES, FL

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:5b1d6f2a-0a0c-01b6-af78-971075faf4ba

Data as of Aug 28, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 9:52 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

Matias Maximiliano Benitez

n/a

CORAL GABLES, FL

n/a

BRUNO GABRIEL LIBONATI

n/a

CORAL GABLES, FL

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

INNOVA INTERNATIONAL GROUP, INC

HOLDING COMPANY

yes

11/2021

Apr 27, 2022

Mar 21, 2024

LIBONATI, BRUNO, GABRIEL

CEO / MANAGING DIRECTOR

yes

08/2022

Apr 27, 2022

Mar 21, 2024

Libonati, Miguel, Angel

Owner

yes

11/2021

Apr 27, 2022

Mar 21, 2024

Shah, Rajiv

CHIEF COMPLIANCE OFFICER

yes

11/2023

Aug 16, 2022

Mar 21, 2024

VRIKENY S.A.

HOLDING COMPANY

yes

11/2021

Apr 27, 2022

Mar 21, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

SHELLMAN INVESTMENT MANAGEMENT, LLC

n/a

Independent wealth

$210M

yes

n/a

SEMINARIO SECURITIES LLC

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 24, 2026

$265M

$283,978

n/a

2024

Mar 24, 2025

$212M

$129,543

n/a

2023

Mar 15, 2024

$192M

n/a

2022

Jan 13, 2023

$101M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

-1

50.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$265M

$212M

24.9%

$101M

38.1%