Innovator Capital Management, LLC (Wheaton)

Innovator Capital Management, LLC is a large advisory firm based in Wheaton. It manages $717.7 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Illinois.

Innovator Capital Management provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Innovator Capital Management: assets under management

The assets under management (AUM) of Innovator Capital Management, LLC is $717.7 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 69% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $717.7 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $358.85 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Innovator Capital Management, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Innovator Capital Management serves?

The only and largest group of clients of Innovator Capital Management is investment companies with 1 clients and $717.7 million of assets under management. Among the 8 most similar advisory firms, Innovator Capital Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $717.7 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Innovator Capital Management doesn't advise any private funds.

Careers at Innovator Capital Management, LLC

The company employs 13 people that are either part- or full-time employees. 31 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Wilder Southard	Manager, chief investment officer	1 Feb 2017	25% - 50%	2298350
Harold Bruce Bond	Manager and chief executive officer	1 Feb 2017	50% - 75%	1565972
Jeffrey D Brown	Member	1 Feb 2017	Other	5132188
Michael J Wiederholt	Chief compliance officer	1 Dec 2017	Other	6326596

Based in Wheaton

The principal office where Innovator Capital Management, LLC performs its advisory services is located at 120 N Hale St, Wheaton, IL 60187, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-208-5212. The normal business hours are 9-5 on Monday - Friday.