AUMdb

Innovative Wealth Building Llc

SEC-registered Wealth Manager · Small ($100M–$1B) CRD 314942 · SEC file 801-121542 · California, MD · www.innovativewealthbuilding.com
☆ Save with Pro ADV data as of Jun 02, 2026
Regulatory AUM
$657M
Discretionary
$650M
Clients
1,770
Avg AUM / client
$371K
Accounts
4,646
Employees
17

AUM over time

$0 $657M
May 19, 2021 Jun 2, 2026

Reported AUM from Form ADV filings, plotted by filing date · as of Jun 02, 2026

Who they serve

Client typeClientsAUM% of AUM
Individuals (non-high net worth) 1,567 $279M 42.4%
High net worth individuals 203 $378M 57.6%

People (9)

roster as of Jul 20, 2026
NameRole / titleCredentialsWith firm sinceOwnership
Terry Everett Parham Managing Member & Chief Compliance Officer CFP Chartered Financial Consultant Mar 2021 (5y) 25% – 50%
Jennifer Brooks Hill Managing Partner Jul 2021 (5y) 25% – 50%
Kennah G Parham Managing Partner CFP Chartered Financial Consultant Jul 2021 (5y) 25% – 50%
Warren P Brooks President & Ceo Jul 2021 (5y) 25% – 50%
Carman Michael Kubanda Registered representative Jun 2023 (3y)
Lee Weinstein Registered representative Apr 2024 (2y)
Joseph Tyler Chavel Registered representative Oct 2024 (2y)
Coy D Baldwin Registered representative Jan 2025 (2y)
Vincent J Petrillo Registered representative Dec 2025 (1y)

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)

FormPeriodSize
Form ADV (full filing) 06/02/2026 1010 KB 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
  • Hourly charges
  • Fixed fees

Services

  • Financial planning services
  • Portfolio management for individuals/small businesses

Custody

Reported custodians

Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).

Firm reports having 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: Jun 02, 2026.

View current Form ADV (SEC/IAPD) ↗