# INNOVATIVE PRIVATE WEALTH MANAGEMENT INC.

INNOVATIVE PRIVATE WEALTH MANAGEMENT INC. of SOMERS, NY is an SEC-registered investment adviser.

## Registration

- CRD: 324586
- Type: SEC-registered investment adviser
- SEC file number: 801-127387
- Location: 361 ROUTE 202, SOMERS, NY, 10589
- Phone: 914-427-8036
- Latest filing: 2026-07-31
- Regulatory AUM: $367.0M
- Discretionary AUM: $285.4M
- Non-discretionary AUM: $81.6M
- Clients: 10
- Accounts: 711

## Business model

- Compensation: % of AUM, Hourly, Fixed
- Clients served: Individuals, High net worth

## Officers, owners & control persons (3)

| Name | Role | Location |
| --- | --- | --- |
| Nicholas Joeseph Mancini | PRESIDENT / CHIEF COMPLIANCE OFFICER | — |
| Mancini Nicholas | PRESIDENT / CHIEF COMPLIANCE OFFICER | — |
| MANCINI NICHOLAS JOESEPH | PRESIDENT / CHIEF COMPLIANCE OFFICER | — |


## Private funds (8)

Mix: Other Private Fund 2 · Private Equity Fund 5 · Venture Capital Fund 1

| Fund | Type | Formed | Owners | GAV | Min investment |
| --- | --- | --- | --- | --- | --- |
| INNOVATIVE DEVELOPMENT FUNDS LLC | Other Private Fund | Delaware | 93 | $59.7M | $250K |
| INNOVATIVE DEVELOPMENT FUNDS LLC INFRA II SERIES | Private Equity Fund | Delaware | 42 | $29.1M | $250K |
| INNOVATIVE ENERGY FUND GP | Private Equity Fund | Delaware | 12 | $13.4M | $250K |
| INFRA A SEGREGATED PORTFOLIO OF INNOVATIVE DEVELOPMENT FUNDS SPC LTD | Other Private Fund | British Virgin Islands | 52 | $12.9M | $250K |
| INNOVATIVE DEVELOPMENT FUNDS LLC INFRA I SERIES | Private Equity Fund | Delaware | 4 | $11.7M | $250K |
| INNOVATIVE DEVELOPMENT FUND LLC BEVCO | Venture Capital Fund | Delaware | 13 | $5.2M | $250K |
| INNOVATIVE ENERGY FUND II GP | Private Equity Fund | Delaware | 15 | $5.1M | $250K |
| INNOVATIVE DEVELOPMENT FUNDS LLC STORAGE | Private Equity Fund | Delaware | 10 | $1.0M | $50K |


## Branch offices (10)

| City | State | Employees | Phone |
| --- | --- | --- | --- |
| GREENVILLE | SC | 3 | 864-977-8500 |
| — | — | 1 | 914-427-8036 |
| — | — | 1 | 864-820-9100 |
| — | — | 1 | 864-551-2776 |
| — | — | 1 | 914-427-8036 |
| COLTS NECK | NJ | 1 | 718-614-2872 |
| WOODMERE | NY | 1 | 516-459-4297 |
| PARK RIDGE | NJ | 1 | 516-448-4470 |
| — | — | 1 | 347-450-7650 |
| — | — | 1 | 516-459-4297 |


## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/324586/brochure
- Similar advisers: https://search.stillhousedata.com/firm/324586/similar
- Related entities: https://search.stillhousedata.com/firm/324586/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/324586

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Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.