Innovation Partners LLC. is a multi-state adviser based in Charlotte. It manages $158.4 million of regulatory assets for 1,122 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 37 other states.
Innovation Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and consulting services to qualified retirement plans. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Innovation Partners LLC. is $158.4 million. The firm's AUM has grown by 849% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Innovation Partners LLC. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Patrick Emanuel Sutherland is individuals with 839 clients and $158.4 million of assets under management. Among the 12 most similar advisory firms, Innovation Partners has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $158.4 million for 839 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Innovation Partners doesn't advise any private funds.
The company employs 137 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. 59 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Patrick Emanuel Sutherland has been acting as President since 1 Nov 2007. Innovation Partners Financial Services Llc joined the executive team most recently as the Stockholder.
The principal office where Innovation Partners LLC. performs its advisory services is located at 5950 Fairview Road, Charlotte, NC 28210 The mailing address of the firm is 5950 Fairview Road, Charlotte, NC 28210. An additional office of the firm is in Centennial, CO. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 704-708-5461 or by fax 980-265-1555. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at innovationpartnersllc.com.