SourcingSourcing

INNOVATIVE ADVISORY PARTNERS, LLC

C39
CRD 156135·SEC 801-78600·HIXSON, TN
AUM
$352.1M
$100M-$500M
Est. Revenue
$3.5M
@ 1% on AUM
Est. EBITDA
$1.1M
@ 30% margin
Est. Deal Value
$8.5M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
INNOVATIVE ADVISORY PARTNERS, LLC
CRD
156135
SEC file #
801-78600
EIN
—
DBA names
—

Economics

AUM
$352.1M
AUM band
$100M-$500M
AUM trajectory
'20'26
$199.6M → $352.1M▲ +76%
Client mix
Individuals Other390
Individuals High Net Worth52
Charitable Organizations1

Operations

Employees (total)
8
Advisory staff (per ADV)
6
Advisory staff (5-yr trend)
'20'26
9 advisors → 6 advisors▼ -33%
Primary office
HIXSON TN
Branches
—

Custodian & Brokerage

Primary custodian
Charles Schwablow confidence
Services offered
Financial planningPortfolio mgmt — individualsSelection of other advisersEducational Seminars Workshops
Fee basis
% of AUMHourly chargesFixed feesOther Compensation

Filings

Latest ADV filing
04/06/2026
ADV-W filed at
—
Website
linkedin.com/in/joe-franklin-cfp-38666461(social)

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
FRANKLIN WEALTH MANAGEMENT, LLC
Top Owner Pct
87.5
Top Owner Entity Kind
DE
Owner Count
2
Control Persons
FRANKLIN WEALTH MANAGEMENT, LLC
FRANKLIN, JOE, DAVID
Solo Advisor Indicator
No
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
Yes

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
social_url_excluded:linkedin.com

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No

SEC EDGAR

Edgar Registered
No

Local market & wealth

Rank targets by how wealthy the local market is

Soi High Wealth Score
0.2611
Soi Zip Pct 200k Plus
0.0689
Soi Zip Returns 200k Plus
1,510
Soi Zip Total AGI
1,834,392
Fdic Zip Total Deposits
13,032,184,000
Fdic Zip Branch Count
289
Fdic Zip Top Banks
SunTrust Bank
Regions Bank

Compliance & brand

Firm Registration Status
active

All other collected signals (18)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
5
Bc Firm IAR Count
5
Custodian Candidates
Full
Charles Schwab6
E*trade4
Fdic Zip Branches Raw
NationsBank of Tennessee, National AssociationChattanooga, TN
Volunteer Bank and Trust Company of Hamilton CountyHixson, TN
Fdic Zip HHI
1123.89
Fdic Zip Top Bank Share Pct
20.13
Fdic Zip Year
2025
Firm Has Custody
No
Mailing Office Differs
No
Soi Year
2022
Soi Zip Distribution
Stub 1
AGI70,032
Returns5,380
Stub 2
AGI181,524
Returns4,940
Stub 3
AGI214,818
Returns3,480
Soi Zip Total Business Income
78,185
Soi Zip Total Cap Gains
107,160
Soi Zip Total Dividends
28,385
Soi Zip Total Returns
21,910
Trust Company Affiliate
No

People (5)

5
FRANKLIN, JOE, DAVID
IAR · Executive Officer · 2.5%
2673133
SAMUEL CARTER PAYNE
IAR
6951620
NEILL B HATCHER
IAR
4332566
Logan Tyler Wingfield
IAR
8248442
CAROLYN ANN FRYAR
IAR
6056682