Innovative Advisory Partners, LLC logo

Innovative Advisory Partners, LLC

Updated today

Client AUM

$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

Financial planning Portfolio management Selection of other advisers Educational seminars or workshops Consulting

Expertise

Retirement income strategy Business exit / sale strategy General estate planning guidance Charitable giving & philanthropy

Occupation focus

Founder/Business Owner Executive

Demographic focus

Women Professionals Approaching retirement

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Fee options

Fixed

Typically ranges from $1,500 to $30,000 for financial planning

Percentage

$0 - $99,999.99: Up to 2.0% $100,000 - $249,999.99: Up to 1.9% $25,000,000++: Up to 1.8%

Project-based

$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

Advisors at this firm

user avatar

Joe F

CFP®, Series 63, Series 65

Hixson, TN

Innovative Advisory Partners, LLC

Joe Franklin is a CFP® professional with 29 years of industry experience. He currently works at Innovative Advisory Partners, LLC, a team firm where he has been since 2016, and also operates Franklin Wealth Management. His prior experience includes six years at Raymond James & Associates. Innovative Advisory Partners, LLC serves mass-affluent individuals, business owners, executives, families, and retirees with comprehensive financial planning and portfolio management. The firm integrates behavioral, charting, cyclical, fundamental, and technical analysis to pursue primarily long-term strategies while allowing shorter-term trading as appropriate.

Retirement income strategy Business exit / sale strategy General estate planning guidance Charitable giving & philanthropy Founder/Business Owner Executive Women Professionals Approaching retirement
user avatar

Charles N

Series 65

Hixson, TN

Innovative Advisory Partners, LLC

Charles Nicholson is a financial advisor at Innovative Advisory Partners, LLC in Hixson, TN, holding a Series 65 designation. He has recently begun his career in the industry and has worked previously in various roles including positions at Franklin Wealth Management, Southern Automotive Marketing, and First Horizon Bank. Nicholson has also been involved with the University of Tennessee at Chattanooga and Chattanooga NJTL. Innovative Advisory Partners provides comprehensive financial planning and portfolio management services to mass-affluent individuals, business owners, executives, families, and retirees. The firm employs a combination of behavioral, charting, cyclical, fundamental, and technical analysis, focusing primarily on long-term strategies while allowing for shorter-term trading when appropriate.

Retirement income strategy Business exit / sale strategy General estate planning guidance Charitable giving & philanthropy Founder/Business Owner Executive Women Professionals Approaching retirement
user avatar

Samuel P

Series 66

Hixson, TN

Innovative Advisory Partners, LLC

Samuel Payne is a financial advisor with Innovative Advisory Partners, LLC, holding a Series 66 designation and seven years of industry experience. He has worked at Innovative Advisory Partners, Franklin Wealth Management, and LPL Financial since 2018. Prior to his advisory career, he was involved with Missionary Evangelism Inc, operating the Macedonian Christian Academy from 2011 to 2018. Innovative Advisory Partners, LLC, doing business as Franklin Wealth Management, serves individuals and high-net-worth clients, focusing on business-minded professionals and intergenerational planning. The firm offers portfolio management, financial planning, retirement-plan rollover guidance, and consulting, using both static and dynamic model strategies along with a held-away asset aggregation platform to provide comprehensive wealth management and client education.

Retirement income strategy Business exit / sale strategy General estate planning guidance Charitable giving & philanthropy Founder/Business Owner Executive Women Professionals Approaching retirement
user avatar

Carolyn F

Series 63, Series 65

Hixson, TN

Innovative Advisory Partners, LLC

Carolyn Fryar is a financial advisor at Innovative Advisory Partners, LLC with 13 years of industry experience. She holds Series 63 and Series 65 licenses and has previously worked at Franklin Wealth Management, Equitable Advisors LLC, and First Tennessee Brokerage, Inc. Fryar serves on the boards of the Kidney Foundation of Chattanooga and the Southeast Chapter American Red Cross. Innovative Advisory Partners, LLC advises individuals and high-net-worth clients, focusing on business-minded professionals and intergenerational planning. The firm offers portfolio management, financial planning, and retirement-plan guidance, using model strategies and a held-away asset aggregation platform to extend oversight beyond traditional custodial accounts.

Retirement income strategy Business exit / sale strategy General estate planning guidance Charitable giving & philanthropy Founder/Business Owner Executive Women Professionals Approaching retirement
user avatar

Neill H

Series 66

Hixson, TN

Innovative Advisory Partners, LLC

Neill Hatcher is a financial advisor with Innovative Advisory Partners, LLC, holding a Series 66 designation and 21 years of industry experience. His prior roles include positions at Franklin Wealth Management, Ameriprise Financial Services, and Bank of America. Outside of his advisory work, he volunteers with the Alabama Golf Association assisting with golf tournaments, scoring, and rules. Prosperitus Wealth Advisors provides comprehensive financial planning and portfolio management to mass-affluent individuals, business owners, executives, families, and retirees. The firm employs a combination of behavioral, charting, cyclical, fundamental, and technical analysis, offering integrated financial planning with asset management through discretionary and non-discretionary arrangements.

Retirement income strategy Business exit / sale strategy General estate planning guidance Charitable giving & philanthropy Founder/Business Owner Executive Women Professionals Approaching retirement
user avatar

Logan W

Series 63, Series 65

Hixson, TN

Innovative Advisory Partners, LLC

Logan Wingfield is a financial advisor at Innovative Advisory Partners, LLC with Series 63 and Series 65 licenses. He has recently begun his career in financial services and has prior experience working in public broadcasting, community services, and education. Prosperitus Wealth Advisors serves mass-affluent individuals, business owners, executives, and retirees with comprehensive financial planning and portfolio management. The firm employs a combination of behavioral, charting, cyclical, fundamental, and technical analysis to pursue mostly long-term strategies while allowing for shorter-term trading as appropriate.

Retirement income strategy Business exit / sale strategy General estate planning guidance Charitable giving & philanthropy Founder/Business Owner Executive Women Professionals Approaching retirement
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