Innovative Private Wealth Management Inc. fees and pricing
Financial planner in Somers, New York. Registered with the SEC.
According to its Form ADV Part 2A brochure dated July 31, 2026, Innovative Private Wealth Management Inc. charges $400 an hour for financial planning.
Published fees
Quoted from the firm's Form ADV Part 2A brochure, filed July 31, 2026. Fees can change, so confirm with the firm before you hire them.
- Hourly rate
- $400/hr
“IPWM charges a negotiable hourly fee of $400 for stand-alone financial consulting services.”
Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)
How Innovative Private Wealth Management Inc. bills
Payment and refund terms, quoted from the fee section of the brochure.
- “Our management fees are billed on all securities and investments that we manage as part of your overall portfolio, including illiquid positions and investments in private placements.”
- “Fees are negotiable depending on factors such as the amount of assets under management, range of investments, and complexity of the Client’s financial circumstances, among others.”
- “At the inception of wealth management services, the first pay period’s fees will be calculated on a pro-rata basis.”
How Innovative Private Wealth Management Inc.’s fees compare
- Its hourly rate of $400 is above the New York median of $300. 71% of the 301 other New York planners that publish an hourly rate charge less.
About Innovative Private Wealth Management Inc.
“As part of our overall wealth management services, we offer financial planning services typically focused on the specific needs and concerns of the client.”
- Principal: Nicholas Mancini
- Firm size: 10 employees.
- Registered as an adviser: 2023 (3 years).
Planning areas mentioned in the brochure
- Retirement planning
- College planning
Firm details from Form ADV
- How the firm is paid
- Hourly fees, fixed or flat fees, percentage of assets under management
- Charges a % of assets
- Yes
- Highest asset based fee in brochure
- 2% a year
- Clients
- 391
- Employees
- 10
- Works with
- Individuals, high net worth individuals, pooled investment vehicles, and businesses
- Services reported to regulators
- Financial planning and portfolio management for individuals and small businesses
- Assets managed
- $367,006,766
- Registered with
- U.S. Securities and Exchange Commission
- Disciplinary disclosures
- None reported
- SEC CRD number
- 324586
- Phone
- (914) 427-8036
Can advise clients in 11 states: Connecticut, District of Columbia, Florida, Georgia, Indiana, New Jersey, New York, Pennsylvania, South Carolina, Texas, Washington
Other planners in Somers that publish fees
- Padovani Asset ManagementSomers$1,000-$10,000
- 4Thought Financial Group Inc.Syosset$200/hr, $100/mo
- Abaya Wealth Management LLCBuffalo$2,000-$5,000
- Abby Advisors LLCDobbs Ferry$250/hr, $500
- Abernathy Group II LLCNew York$750/hr, $1,000/yr
- About Time Financial PlanningRochester$1,000-$2,000, $700-$3,200/qtr
Is something on this page wrong or out of date? Email corrections@plannerfees.com and PlannerFees will check it against the firm's latest filing.