DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Innovative Advisory Group
Legal name Innovative Advisory Group, LLC
Latest filing Aug 20, 2026
First filing on the tape Jul 9, 2021 · 23 filings
SEC status approved since Oct 28, 2021
RAUM
$194M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$192M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$24.3M
derived; firm RAUM over IAPD count
Employees
9
8 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$194M as of Aug 20, 2026
Feb 28, 2022$137M then
HNW client RAUM$70.0M as of Aug 20, 2026
Feb 28, 2022$14.0M then
State-registered IARs (5.B.3)8 as of Aug 20, 2026
Feb 28, 20229 then
Employees (5.A)9 as of Aug 20, 2026
Feb 28, 20229 then
Private funds: no history
RAUM +21% over the last fiscal year+16% a year over threeIARs 7 to 8
Practice profile
derived from the filing of Aug 20, 2026; every figure names its basis
Archetypes, each a printed rule
- Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
- RAUM per advisor
- $24.3MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 37derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.5MderivedHNW RAUM over HNW clients
- Average account
- $242,500derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 1.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.1derivedItem 5.A over advisors
- Advisors per office
- 1.6derived5 offices incl. principal (1.F.5)
- RAUM growth, one year
- +21%derivedbetween the last two annual amendments
- Advisor growth, one year
- +29%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -0.3%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Individuals$122M63%
- High-net-worth individuals$70.0M36%
- Charitable organizations$2.2M1.1%
- Individual clients
- 270reported
- HNW clients
- 28reported
- Pension plan clients
- n/areported
- Charitable clients
- 2reported
- Accounts
- 800reported
- Financial planning clients
- 11-25reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Rajeev H Kotyan | Lexington, Ma | Jul 9, 2008 | 18 y | 2 |
| Kirk Ronald Chisholm | Lexington, Ma | Nov 12, 2008 | 26 y | 2 |
| Timothy Theodore PicciottCertified Financial Planner | Gold Canyon, Az | May 21, 2018 | 18 y | 2 |
| John Mark English | Nyack, Ny | Nov 21, 2019 | 15 y | 1 |
| Paul R Dio | Lexington, Ma | Jan 22, 2021 | 14 y | 3 |
| Redina E Franklin | Lubbock, Tx | Mar 10, 2021 | 29 y | 6 |
| Tienchia Wang | Lexington, Ma | May 4, 2021 | 21 y | 2 |
| Krista Letcher | Lincoln, Ne | Sep 22, 2025 | 13 y | 4 |
Advisor movement
1 left, 2 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 13% of current headcount1 left over 36 months
Left, latest
- Douglas Edward Lynam to Course Management Investment Advisors, LLCJun 3, 2026 · RIA to RIA
- George Ivan Zuluaga to Wisewealth Financial AdvisorsNov 27, 2012 · Other
- Laurie Ann Bachelder to Freedom Wealth Advisors, LLCOct 16, 2012 · RIA to a state-registered adviser
Joined, latest
- Douglas Edward Lynam from Longview Asset Management, LLCJan 23, 2026 · RIA to RIA
- Krista Letcher from Edward JonesSep 22, 2025 · Affiliated broker-dealer or bank to independent RIA
- Michelle Evard Moses from On Investment Management CoAug 11, 2025 · Other
- Tienchia Wang from On Investment Management CoMay 4, 2021 · Other
- Redina E Franklin from Amicus Financial Advisors, LLCMar 10, 2021 · RIA to RIA
- Paul R Dio from LPL Financial LLCJan 22, 2021 · RIA to RIA
- John Mark English from Ameriprise Financial Services, LLCNov 21, 2019 · Affiliated broker-dealer or bank to independent RIA
- Timothy Theodore Picciott from Wealthcare Advisory Partners LLCMay 21, 2018 · RIA to RIA
- Kirk Ronald Chisholm from Osaic Wealth, Inc.Nov 12, 2008 · Other
- Laurie Ann Bachelder from U.S. Financial AdvisorsJul 9, 2008 · Other
- Rajeev H Kotyan from U.S. Financial AdvisorsJul 9, 2008 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Ronald Kirk Chisholm · Presidentcontrolsince 11/2008 · owns less than 5%
- H Rajeev Kotyan · Ccocontrolsince 02/2008 · owns less than 5%
- Ronald Kirk Chisholm · Vice Presidentcontrolsince 11/2008 · owns 75% or more of Stirling Global Advisors, LLC
- H Rajeev Kotyan · Presidentcontrolsince 02/2008 · owns 75% or more of Blue Haven Group, Inc
Entity owners
- Blue Haven Group Inc · Memberdirect · owns 50% to 75%
- Stirling Global Advisors, LLC · Memberdirect · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Lexington, Ma · principal | 6 | 0 | 0 | ||
| Phoenix, Az | 0 | 0 | 1 | ||
| Pinehurst, Nc | 0 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
- , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- office count surgeChange between filings · filing Feb 19, 2026offices other than the principal office (Item 1.F.5) moved from 4.0 to 7.0 (+75.0%) between the annual amendments of 2025-03-20 and 2026-02-19; the peer median change was 0.0% (450 comparable advisers, 98.0th percentile of changes)peers: independent wealth managers, $100M to $500M (450) · 98% percentile
What changed
consecutive filings, newest first
- Advisory employees · 9 to 8Feb 19, 2026 to Aug 20, 2026
- Employees · 10 to 9Feb 19, 2026 to Aug 20, 2026
- State-registered IARs · 9 to 8Feb 19, 2026 to Aug 20, 2026
- Other offices · 7 to 4Feb 19, 2026 to Aug 20, 2026
- Accounts · 790 to 800Jan 21, 2026 to Feb 19, 2026
- Charity clients · 1 to 2Jan 21, 2026 to Feb 19, 2026
- HNW clients · 29 to 28Jan 21, 2026 to Feb 19, 2026
- Discretionary RAUM · $161M to $194MJan 21, 2026 to Feb 19, 2026
- HNW RAUM · $60.0M to $70.0MJan 21, 2026 to Feb 19, 2026
- Individual RAUM · $99.0M to $122MJan 21, 2026 to Feb 19, 2026
- RAUM · $161M to $194MJan 21, 2026 to Feb 19, 2026
- Other offices · 6 to 7Sep 22, 2025 to Jan 21, 2026
- Advisory employees · 7 to 9Mar 20, 2025 to Sep 22, 2025
- Employees · 8 to 10Mar 20, 2025 to Sep 22, 2025
- State-registered IARs · 7 to 9Mar 20, 2025 to Sep 22, 2025
- Other offices · 4 to 6Mar 20, 2025 to Sep 22, 2025
- Accounts · 782 to 790Jun 19, 2024 to Mar 20, 2025
- Advisory employees · 9 to 7Jun 19, 2024 to Mar 20, 2025
- Employees · 9 to 8Jun 19, 2024 to Mar 20, 2025
- Financial planning clients · 11-25 to 11-25Jun 19, 2024 to Mar 20, 2025
- State-registered IARs · 9 to 7Jun 19, 2024 to Mar 20, 2025
- Other offices · 5 to 4Jun 19, 2024 to Mar 20, 2025
- Discretionary RAUM · $129M to $161MJun 19, 2024 to Mar 20, 2025
- HNW RAUM · $57.6M to $60.0MJun 19, 2024 to Mar 20, 2025
- Individual RAUM · $71.3M to $99.0MJun 19, 2024 to Mar 20, 2025
- RAUM · $129M to $161MJun 19, 2024 to Mar 20, 2025
- Accounts · 875 to 782Sep 14, 2023 to Mar 18, 2024
- Discretionary RAUM · $124M to $129MSep 14, 2023 to Mar 18, 2024
- Individual RAUM · $66.3M to $71.3MSep 14, 2023 to Mar 18, 2024
- RAUM · $124M to $129MSep 14, 2023 to Mar 18, 2024
- Advisory employees · 8 to 9Mar 30, 2023 to Apr 13, 2023
- Employees · 8 to 9Mar 30, 2023 to Apr 13, 2023
- State-registered IARs · 8 to 9Mar 30, 2023 to Apr 13, 2023
- Other offices · 4 to 5Mar 7, 2023 to Mar 30, 2023
- Accounts · 824 to 875Oct 27, 2022 to Feb 2, 2023
- Advisory employees · 9 to 8Oct 27, 2022 to Feb 2, 2023
- Charity clients · unset to 1.0Oct 27, 2022 to Feb 2, 2023
- HNW clients · 2 to 29Oct 27, 2022 to Feb 2, 2023
- Individual clients · 276 to 270Oct 27, 2022 to Feb 2, 2023
- Employees · 9 to 8Oct 27, 2022 to Feb 2, 2023
Signals
3 dated events
- Douglas Edward Lynam left Innovative Advisory Group for Course Management Investment Advisors, Llc (registered 2026-04-22)Jun 3, 2026 · Advisor changed firm · fact
- Michelle Evard Moses no longer registered at Innovative Advisory Group; no later IA registration on IAPDDec 2, 2025 · Advisor departure · fact
- Innovative Advisory Group filed its initial SEC registration (Form ADV)Jul 9, 2021 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business email
- tim@innovativewealth.comreportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 781-218-2250reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 781-268-5060reportedpublished by the firm, firm site, Sep 17, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/INNOVATIVE-ADVISORY-GROUPreportedpublic record, Form ADV, Sep 17, 2026
- Website
- INNOVATIVEWEALTH.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 781-577-2782reportedpublic record, Form ADV, Aug 20, 2026
- Contact form
- innovativewealth.com/contactreportedpublished by the firm, firm site, Sep 17, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $24.3Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026