INNOVIA WEALTH, LLC other names

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Adviser Profile

As of Date:

09/04/2024

Adviser Type:

- Large advisory firm

Number of Employees:

26 13.04%

of those in investment advisory functions:

18 38.46%

Registration:

SEC, Approved, 12/15/2017

AUM:

2,232,574,455 57.85%

of that, discretionary:

1,940,224,849 56.09%

Private Fund GAV:

3,166,852

Avg Account Size:

701,406 13.51%

% High Net Worth:

60.59% -2.79%

SMA’s:

YES

Private Funds:

1

Contact Info

616 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
1B 1B 888M 710M 533M 355M 178M
2017 2018 2019 2020 2021 2022 2023

Recent News

AngelSummit US For Investors To Be Held Oct. 13-14 In Chattanooga
02/18/2021

Topics range includes: portfolio strategies, wealth vs. value creation, the role of corporations in startup investing, and the latest investor technology and data tools. Invited keynote speakers ...

chattanoogan.com

Tackle the Risks that Inflation Can Pose to a Long and Successful Retirement
02/06/2021

But one important — yet often overlooked — component is how inflation will impact your carefully saved retirement funds. Remember how much you used to pay for groceries 10 or 20 years ago?

kiplinger.com

What Could 2021 Hold for Your Finances?
01/22/2021

Many people watched as their investments and retirement savings wildly fluctuated, while others dealt with more pressing issues, such as unexpected unemployment and tapping into emergency funds ...

kiplinger.com


Private Funds Structure

Fund Type Count GAV
Private Equity Fund 1 $3,166,852

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Private Funds



Employees




Brochure Summary

Overview

OWNERSHIP/ADVISORY HISTORY Innovia Wealt h, LLC (“We”) was founded by Michael Berkem eier. We are a Michigan Lim it ed Liabilit y Com pany and becam e regis t ered as an inves t m ent advis er in Decem ber 2017. Michael Berkem eier and Aaron Veldheer are t he firm ’s m anaging m em bers. J ohn Vande Gucht e and Mark Ghafari are m em bers, Bobbi J o Blant on is t he firm ’s Chief Com pliance Officer. ADVISORY SERVICES OFFERED Innovia Wealt h’s client bas e cons is t s prim arily of high- net - wort h client s – including bus iness es and bus ines s owners – and our wide range of advis ory s ervices are s t ruct ured and designed t o m eet t he dem ands and com plexit ies facing our client bas e. Our invest m ent profess ionals prim arily provide advice on a dis cret ionary basis, and we have t he aut horit y t o s elect s ecurit ies or ot her invest m ent vehicles (collect ively, “s ecurit ies ”) consis t ent wit h our client s ’ inves t m ent guidelines. All client s have t he abilit y t o lim it or prohibit invest m ent s, as dis cus sed in It em 16 - Inves t m ent Dis cret ion. We believe client s need access t o a variet y of financial t ools based on each client ’s unique circum st ances . In addit ion t o inves t m ent advis ory
s ervices , we align ours elves wit h various individuals and ent it ies t hat enhance our firm ’s product or s ervices offering. For exam ple, we have a relat ions hip wit h an ins urance agency t o provide client s wit h access t o fixed ins urance product s if t he client needs t hem . We als o m anage a privat e fund, des igned t o fill a s pecific need for cert ain client s . All our affiliat ions and arrangem ent s are dis cuss ed in furt her det ail t hroughout t his brochure and specifically in It em 9 Ot her Financial Indus t ry Act ivit ies and Affi liat ions and It em 13 Brokerage Pract ices . Inves t m ent Managem ent A significant focus of our business cent ers around inves t m ent m anagem ent . That is, m onit oring, t rading, divest ing, and reallocat ing s ecurit ies and holdings wit hin t he client ’s account s. No t wo client s ’ needs or circum st ances are t he sam e. As s uch, we focus on t he client ’s unique financial pict ure and object ive when des igning t heir invest m ent port folios and we st rive t o design a balanced, diversified, and cust om port folio t hat will m eet t he client ’s financial circum st ances and needs. We m anage account s t hat are held by our firm ’s cust odians, as discus sed below in