Provident Wealth Management (PWM) provides ongoing financial advice and manages investments for clients. PWM gathers information about clients' financial situations and goals to select suitable investments. Client assets are typically held at Charles Schwab. PWM may also provide advice on tax and estate planning, but clients are responsible for engaging their own attorneys, accountants, and insurance agents. PWM does not require a minimum dollar amount to open an account, but may terminate accounts that are too small to manage effectively.
Assets Under Management$700M
Clients327
Advisors6
Avg. per Client$2.1M
Avg. per Advisor$120M
Fee Structure
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| $0K - $2.0M | 1.08% |
| $2.0M - $20.0M | 0.75% |
| $20M+ | 0.50% |
PWM may combine account values of family members to determine the applicable advisory fee. Similarly situated clients could pay different fees.
Fee Estimator
Your Portfolio Value
$500K
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Estimated Annual Fee
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