PROVIDENT INVESTMENT MANAGEMENT, INC.

RIASEC RegisteredEst. 1981
Total AUM
$1.1B
Discretionary
$1B
90% of AUM
Avg account
$1.2M
Accounts
910
Employees
10
Advisory reps
5

Firm details

Headquarters
NOVI, Michigan
CRD number
106976
Registered since
September 14, 1981
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM
Client types
  • HNWI92.84%
  • Individuals4.84%
  • Pension & Profit Sharing Plans1.61%
  • Charitable Organizations0.72%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Provident Investment Management, Inc. is an independent, SEC-registered registered investment adviser that has operated since 1981. Structured as a corporation and owned by an individual owner, the firm serves primarily individual and family clients and charges fees based on a percentage of assets under management. Its advisory services center on financial planning and discretionary portfolio management for individuals, small businesses and institutional clients. Provident does not identify as an active ESG investor, is not a multi-state adviser, and does not act as a capital allocator or pension consultant. The firm appeared on CNBC’s Top 100 Financial Advisory Firms list in 2022.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 91%, State & Local Bonds 6%, Cash & Cash Equivalents 2%, Private Funds 1%91%
  • Exchange Traded Equities91%
  • State & Local Bonds6%
  • Cash & Cash Equivalents2%
  • Private Funds1%

Contacts

3 of 5
  • MILES PUTNAM

    Portfolio ManagerCRD 5895626

  • DANIEL BOYLE

    Portfolio ManagerCRD 5654255

  • SCOTT HORSBURGH

    PresidentCRD 4346093

Unlock 2 more contacts

Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

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Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 6

Active vs passive

$7.4M in ETFs

Passive

100%

$7.4M

Active

0%

$0

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES MSCI USA QUALITY FACTOR ETF (QUAL)BlackRockPassiveLarge Blend$2.7M14,29137.24%

Location

Primary office

NOVI, MI

OAKLAND

Location

NOVI, MI

Headquartered in NOVI, MI, anchoring the Detroit-Warren-Ann Arbor, MI metro in the Midwest.

Metro area
Detroit-Warren-Ann Arbor, MI
Region
Midwest
County
OAKLAND
Address
39555 Orchard Hill Pl
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth