Provident Investment Management manages investment portfolios for individuals, trusts, estates, and other entities. They focus on researching individual securities and aim to outperform the market. Investments may include stocks, bonds, mutual funds, and exchange-traded funds. Provident offers a complimentary discussion to determine if their firm is a good fit for prospective clients. They manage accounts on a discretionary basis, but clients can place reasonable restrictions on their accounts.
Assets Under Management$1.2B
Clients346
Advisors5
Avg. per Client$3.6M
Avg. per Advisor$250M
Fee Structure
Minimum Investment:$500K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $3.0M | 0.80% |
| $3.0M - $5.0M | 0.70% |
| $5M+ | 0.60% |
Fees are negotiable for client relationships of $10 million or more. Clients with Provident prior to July 1, 2022 are afforded a lower fee on the fixed income portion of their portfolio.
Fee Estimator
Your Portfolio Value
$500K
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Estimated Annual Fee
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