Innova Advisors Llc
- Regulatory AUM
- $265M
- Discretionary
- $284K
- Clients
- 41
- Avg AUM / client
- $6.5M
- Accounts
- 54
- Employees
- 4
AUM over time
Annual snapshots from Form ADV filings · as of May 20, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 26 | $3.5M | 1.34% |
| High net worth individuals | 2 | $13.9M | 5.24% |
| Corporations and other businesses | 13 | $247M | 93.4% |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Libonati, Miguel, Angel | Owner | Nov 2021 (5y) | ≈ 42.19% – 100% via Vrikeny S.A. | |
| Bruno Gabriel Libonati | Ceo / Managing Director | Aug 2022 (4y) | Less than 5% | |
| Rajiv Shah | Chief Compliance Officer | Nov 2023 (3y) | Less than 5% | |
| Matias Maximiliano Benitez | Registered representative | Jan 2025 (2y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Innova International Group, Inc | Holding Company | Nov 2021 | A | 75% or more |
| Vrikeny S.A. | Holding Company | Nov 2021 | B | ≈ 56.25% – 100% via Innova International Group, Inc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Libonati, Miguel, Angel: 75% – 100% of Vrikeny S.A. × 75% – 100% of Innova International Group, Inc × 75% – 100% direct ≈ 42.19% – 100% of the firm
- Vrikeny S.A.: 75% – 100% of Innova International Group, Inc × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/20/2026 | 1.1 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Morgan Stanley $140M (53% of AUM) May 2026
- Raymond James $88.1M (33% of AUM) May 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 20, 2026.
View current Form ADV (SEC/IAPD) ↗