Annova LLC

ANNOVA LLC is an independent, single-advisor registered investment adviser that serves individual investors as well as institutional and corporate clients, including trusts, foundations, and other business entities. The firm provides portfolio management through its sponsored wrap-fee Portfolio Management Account (PMA) program and facilitates client onboarding, account paperwork, and ongoing advisory services for those PMA accounts.

ANNOVA uses both risk-based and outcomes-based asset-allocation models across asset classes such as U.S. and international equities, fixed income, structured products, real estate and cash, with portfolios actively managed on a discretionary basis and quarterly composite-level performance reporting. The firm engages third-party investment managers (named in the brochure) to implement strategies and conducts periodic rebalancing and investment reviews; clients grant discretionary authority to those managers while retaining the ability to impose restrictions.

What distinguishes ANNOVA from many peers is that, despite its small, single-advisor structure, it acts as the sponsor of a wrap-fee program and operates institutional investment advisory activities for corporate and business clients—roles that are uncommon among similarly sized independent firms. The firm’s advisors are also licensed life‑insurance agents who may receive insurance compensation and it discloses that recommended managers and strategies used in PMA accounts can employ derivatives (for example, options and futures), all of which are noted in the firm’s disclosure brochure.