Terry Parham Jr, CFP® ChFC® CLU® RICP® WMCP®

You're on an Important Journey, We Can Help

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Innovative Wealth Building Terry Parham Jr, CFP® ChFC® CLU® RICP® WMCP®
Los Angeles, CA

Serving Clients Nationwide

You're on an Important Journey, We Can Help

Areas of Focus

  • Financial Life Planning
  • High Net Worth
  • Investment Management
  • Owning a Business
  • Retirement Planning
  • Taxes

About Me

Terry Parham Jr. is a Financial Planner and one of the co-founders of Innovative Wealth Building (IWB), LLC. He also serves IWB as both Chief Financial Officer (CFO) and Chief Compliance Officer (CCO).

Terry graduated from St. Lawrence University (SLU) with a double major in Economics and Psychology. While at SLU, he also completed a minor in Mathematics and extensive coursework in the field of Statistics.

Since entering the financial services industry in 2011, Terry has held positions as a: Financial Representative, Financial Planner, District Manager and Associate Director of Training for new advisors. Terry has been fortunate enough receive awards such as: New Advisor of the Year, Top Financial Planning Advisor, Salesman of the Year, and Supervisor of the Year.

Throughout his career, Terry has committed to expanding his knowledge by completing the following professional designations: Certified Financial Planner (CFP), Chartered Financial Consultant (ChFC), Charted Life Underwriter (CLU), Retirement Income Certified Professional (RICP), and Wealth Management Certified Professional (WMCP).

When he isn’t working with clients or supporting IWB, Terry spends time mentoring other financial advisors and presenting financial content both virtually and in person. Terry lives in Los Angeles with his wife, Kennah, and their sons, Everett & Rhodes.

Professional Designations

  • Chartered Financial Consultant (ChFC)
  • Chartered Life Underwriter (CLU)
  • Retirement Income Certified Professional (RICP)
  • Wealth Management Certified Professional (WMCP)


  • Financial Planning Association

Primary Location

15250 Ventura Blvd, Suite 730​ Sherman Oaks, CA. 91403


Meeting Options

  • Video Conference
  • In-Person
  • Phone

Compensation Methods

  • Advice-Only
  • Fee Based
  • Flat Fee
  • Hourly Rate
  • One-time Financial Plan
  • Percentage of Assets Managed
  • Subscription

What to expect in the first meeting

Click the 'Book Intro Call' button above and complete the brief form to schedule a free introductory call. We'll get to know each other and I'll listen to understand your unique circumstances so we can determine the best way to proceed. I look forward to speaking with you.

About our Firm

At Innovative Wealth, we're passionate about helping our clients achieve their definition of financial success. We have a diverse team with a wide variety of expertise. We approach each conversation with a listen-first mentality, and our most important goal is simple - help you reach your goals!

At IWB, we lead with our values and do our best to stay grounded in F.A.I.T.H.

✔️ FAMILY: We’re a family of professionals working to serve you.

✔️ ACHIEVEMENT: Achieving your goals is our most important goal.

✔️ INTEGRITY: We do the right thing when no one is watching.

✔️ TEAMWORK: We work together to leverage each other’s strengths.

✔️ HONESTY: Our word is our bond; we strive for transparency.

Our Mission: to Empower others to feel confident throughout all stages of their lives.


St. Lawrence University, Bachelor's Degree, Economics; Bachelor's Degree, Psychology; Academic Minor, Mathematics

Hobbies and Interests

  • Family

Who We Serve

  • Baby Boomers
  • Corporate Executives
  • Dual Income Family
  • Gen X

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