Provident Investment Management, Inc.

RIASEC Registered

Total AUM

$1.1B

Discretionary

$1B

90% of AUM

Avg account

$1.2M

Accounts

910

Employees

Advisory reps

Firm details

Headquarters: Novi, Michigan
CRD number: 106976
Registered since: September 14, 1981
Website: www.investprovident.com
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 registered investment adviser that has been SEC-registered since 1981. The firm is owner-operated and serves individual and family clients, managing portfolios under a fee model tied to a percentage of assets under management. Its core advisory services include financial planning and portfolio management for individuals, small businesses, and business/institutional clients. Provident is not positioned as a capital allocator and does not identify as an active ESG investor. The firm received recognition from CNBC as one of the Top 100 Financial Advisory Firms in 2022.