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

- Individuals (other than high net worth individuals)
- High net worth individuals
- Pension and profit sharing plans
- Charitable organizations
- Corporations or other businesses not listed above

Advisory Activities

- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services

Compensation Arrangments

- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

Recent News

Reported AUM

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

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count1 GAV$3,166,852

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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