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
Innova Advisors
Legal name Innova Advisors LLC
Latest filing Aug 28, 2026
First filing on the tape Apr 27, 2022 · 26 filings
SEC status approved since Sep 16, 2022
RAUM
$265M
reported, Item 5.F
Discretionary
0.1%
of RAUM
Private clients
6.6%
$17.4M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$132M
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$265M as of Aug 28, 2026
Jan 13, 2023$101M then
HNW client RAUM$13.9M as of Aug 28, 2026
Jan 13, 2023$101M then
State-registered IARs (5.B.3)0 as of Aug 28, 2026
Jan 13, 20230 then
Employees (5.A)4 as of Aug 28, 2026
Jan 13, 20232 then
Private funds: no history
RAUM +25% over the last fiscal year+38% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Aug 28, 2026; every figure names its basis
- RAUM per advisor
- $132MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 14derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $6.9MderivedHNW RAUM over HNW clients
- Average account
- $4.9MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 0.1%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +25%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- +250%derived
- Compensation
- percentage of assets, fixed fees, performance-basedreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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
- has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Corporations and businesses$247M93%
- High-net-worth individuals$13.9M5.2%
- Individuals$3.5M1.3%
- Individual clients
- 26reported
- HNW clients
- 2reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 54reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=0.07 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=1.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Matias Maximiliano Benitez | Coral Gables, Fl | Jan 27, 2025 | 13 y | 0 |
| Bruno Gabriel Libonati | Coral Gables, Fl | Feb 5, 2025 | 11 y | 0 |
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months1 left in 90 days0 joined in 90 daysdeparture rate 50% of current headcount2 left over 36 months
Left, latest
- Rajiv Shah to Shellman Investment Management, LLCAug 3, 2026 · Other
- Gil O Aikins to Lazari Capital Management, Inc.Nov 16, 2023 · RIA to RIA
Joined, latest
- Rajiv Shah from Puente Asesoramiento De Inversiones, LLCJan 18, 2024 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Gabriel Bruno Libonati · Ceo / Managing Directorcontrolsince 08/2022 · owns less than 5%
- Rajiv Shah · Chief Compliance Officercontrolsince 11/2023 · owns less than 5%
- Angel Miguel Libonati · Ownercontrolsince 11/2021 · owns 75% or more of Vrikeny S.A.
Entity owners
- Innova International Group, Inc · Holding Companydirect · owns 75% or more
- Vrikeny S.A. · Holding Companyindirect · owns 75% or more of Innova International Group, Inc
Related persons
Schedule D 7.A
- Seminario Securities LLCbroker-dealern
- Shellman Investment Management, LLCinvestment advisernRAUM $210M
Advisers that list Innova Advisors as a related person
- 316579 n
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Coral Gables, Fl · principal | 2 | 0 | 0 | ||
| Easton, Ct | 0 | 0 | 0 | ||
| Weston, Fl | 0 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- HQ city · MIAMI to CORAL GABLESMar 24, 2026 to May 20, 2026
- Accounts · 16 to 54Mar 24, 2025 to Mar 24, 2026
- Corporate clients · 8 to 13Mar 24, 2025 to Mar 24, 2026
- HNW clients · 1 to 2Mar 24, 2025 to Mar 24, 2026
- Individual clients · 7 to 26Mar 24, 2025 to Mar 24, 2026
- Employees · 5 to 4Mar 24, 2025 to Mar 24, 2026
- Discretionary RAUM · $129,543 to $283,978Mar 24, 2025 to Mar 24, 2026
- HNW RAUM · $1.8M to $13.9MMar 24, 2025 to Mar 24, 2026
- Individual RAUM · $2.5M to $3.5MMar 24, 2025 to Mar 24, 2026
- Non-discretionary RAUM · $212M to $265MMar 24, 2025 to Mar 24, 2026
- RAUM · $212M to $265MMar 24, 2025 to Mar 24, 2026
- Accounts · 8 to 16Mar 21, 2024 to Mar 24, 2025
- BD registered reps · 2 to 1Mar 21, 2024 to Mar 24, 2025
- Corporate clients · 4 to 8Mar 21, 2024 to Mar 24, 2025
- Individual clients · 0 to 7Mar 21, 2024 to Mar 24, 2025
- Insurance-licensed employees · 3 to 0Mar 21, 2024 to Mar 24, 2025
- Financial planning clients · 0 to 0Mar 21, 2024 to Mar 24, 2025
- State-registered IARs · 3 to 0Mar 21, 2024 to Mar 24, 2025
- Discretionary RAUM · $0 to $129,543Mar 21, 2024 to Mar 24, 2025
- HNW RAUM · $3.4M to $1.8MMar 21, 2024 to Mar 24, 2025
- Individual RAUM · $0 to $2.5MMar 21, 2024 to Mar 24, 2025
- Non-discretionary RAUM · $192M to $212MMar 21, 2024 to Mar 24, 2025
- RAUM · $192M to $212MMar 21, 2024 to Mar 24, 2025
- Related adviser · false to trueMar 20, 2024 to Mar 21, 2024
- Related broker-dealer · false to trueMar 20, 2024 to Mar 21, 2024
- Accounts · 3 to 8Jan 9, 2024 to Mar 15, 2024
- Advisory employees · 1 to 2Jan 9, 2024 to Mar 15, 2024
- BD registered reps · 1 to 2Jan 9, 2024 to Mar 15, 2024
- Corporate clients · 0 to 4Jan 9, 2024 to Mar 15, 2024
- HNW clients · 3 to 1Jan 9, 2024 to Mar 15, 2024
- Employees · 6 to 5Jan 9, 2024 to Mar 15, 2024
- Insurance-licensed employees · 0 to 3Jan 9, 2024 to Mar 15, 2024
- State-registered IARs · 1 to 3Jan 9, 2024 to Mar 15, 2024
- HNW RAUM · $101M to $3.4MJan 9, 2024 to Mar 15, 2024
- Non-discretionary RAUM · $101M to $192MJan 9, 2024 to Mar 15, 2024
- RAUM · $101M to $192MJan 9, 2024 to Mar 15, 2024
- BD registered reps · 2 to 1Aug 30, 2023 to Nov 18, 2023
- Employees · 5 to 6Aug 30, 2023 to Nov 18, 2023
- Advisory employees · 0 to 1Aug 4, 2023 to Aug 30, 2023
- Employees · 2 to 5Aug 4, 2023 to Aug 30, 2023
Signals
8 dated events
- Rajiv Shah left Innova Advisors for Shellman Investment Management, Llc (registered 2024-02-12)Aug 3, 2026 · Advisor changed firm · fact
- Gil O Aikins left Innova Advisors for Lazari Capital Management, Inc. (registered 2023-04-17)Nov 16, 2023 · Advisor changed firm · fact
- Tatiana Caballero (Chief Compliance Officer) no longer on Schedule A of Innova Advisors (listed 2022-09-27, absent 2022-11-03)Nov 3, 2022 · Control person left · inference
- O Gil Aikins (Chief Compliance Officer) appeared on Schedule A of Innova AdvisorsNov 3, 2022 · Control person joined · fact
- Gabriel Bruno Libonatti (Managing Director) appeared on Schedule A of Innova AdvisorsSep 27, 2022 · Control person joined · fact
- Rajiv Shah (Chief Executive Officer) appeared on Schedule A of Innova AdvisorsAug 16, 2022 · Control person joined · fact
- Gabriel Bruno Libonatti (Chief Executive Officer) no longer on Schedule A of Innova Advisors (listed 2022-04-27, absent 2022-08-16)Aug 16, 2022 · Control person left · inference
- Innova Advisors filed its initial SEC registration (Form ADV)Apr 27, 2022 · 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
- Firm profile
- linkedin.com/company/innova-advisors/aboutreportedpublic record, Form ADV, Sep 18, 2026
- Website
- innovadvisors.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 305-646-1557reportedpublic record, Form ADV, Aug 28, 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
- Other adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $132Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026