Innovative Advisory Partners, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$352,000,000
Clients
442
Advisors
6
of 8 employees
About
Prosperitus Wealth Advisors provides comprehensive financial planning and portfolio management to mass‑affluent individuals as well as business owners, entrepreneurs, executives, families and retirees. Its service menu covers wealth and investment management plus tax, estate, retirement, insurance and specialized business-owner services such as 10b5-1 plans, ESOPs, business valuations, executive transactions and hedging/monetization of concentrated equity positions.
The firm combines behavioral, charting, cyclical, fundamental and technical analysis and generally pursues long‑term strategies while permitting shorter-term trading when client goals or market conditions warrant. It delivers financial planning integrated with asset management, offers both discretionary and non‑discretionary arrangements, and provides participant education for retirement plans (including periodic seminars on request).
Compared with many peers, Prosperitus acts as the sponsor of a wrap fee program (described in Appendix 1), an arrangement that is relatively uncommon for team advisors. The firm also has an affiliated accounting entity offering tax preparation and bookkeeping services and discloses that some investment advisor representatives are licensed insurance agents, which clients should note as potential sources of conflicts alongside the firm’s use of sub‑advisors; assets under management were reported at $69.4 million as of December 31, 2025.
Client services
Expertise
Occupation focus
Demographic focus
Fee options
Typically ranges from $1,500 to $30,000 for financial planning
$0 - $99,999.99: Up to 2.0% $100,000 - $249,999.99: Up to 1.9% $25,000,000++: Up to 1.8%
$200 to $300 per hour
Main office
4700 Hixson Pike
Hixson TN 37343-4806
Advisors at this office
6
Most active in
Alabama · California · Florida · Georgia · Louisiana · Tennessee · Texas · Washington
Also doing business as
Bridgetown Investment Counsel · Financial Educators Network Of East Tennessee · Franklin Wealth Management · Franklin Wealth Management, L.L.C. · Franklin Wealth Management, LLC · Innovative Advisory Partners, LLC · Solomonwood Financial Advisors
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
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Advisors at this firm
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