Provident Wealth Management Inc

RIAState Registered

Total AUM

$25.7M

Discretionary

$15.9M

62% of AUM

Avg account

$218K

Accounts

118

Employees

Advisory reps

Firm details

Headquarters: Erie, Pennsylvania
CRD number: 107021
Custodians: CHARLES SCHWAB & CO., INC., PRINCIPAL SECURITIES, INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types: Individuals54.5%
Pension & Profit Sharing Plans38.22%
HNWI7.29%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Provident Wealth Management Inc. operates as an independent, Pennsylvania-registered advisory firm organized as a corporation and owned by an individual. The firm serves both individual/family and institutional clients and describes itself as a capital allocator that mixes discretionary portfolio management, financial planning, and advisory services for businesses and small employers. Its service menu includes portfolio management for individuals and institutions, selection of sub-advisers, pension-related consulting work, and educational seminars; the firm also conducts insurance brokerage through an affiliation with an insurance company. Fee arrangements are flexible and include percent-of-AUM pricing as well as hourly, fixed-fee, and other billing models. The firm does not present itself as an active ESG investor.