Provident Wealth Advisors, founded in 2011 and owned by Daniel C. Goodwin, provides personalized financial consulting and refers clients to third-party investment management firms. Provident Wealth Advisors does not manage money directly; instead, professional portfolio management is outsourced to institutional investment managers. The firm offers advice through consultations covering financial objectives, cash flow management, tax planning, retirement consulting, estate planning, and insurance reviews. Provident Wealth Advisors operates as a fee-based consulting firm and also assists clients with alternative investments like real estate syndications, Delaware Statutory Trusts, and Qualified Opportunity Zones. The firm's professionals maintain outside business activities as insurance agents and registered representatives with broker-dealers, creating potential conflicts of interest that are mitigated by regulatory disclosures and a commitment to acting in the client's best interest.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.99% |
Third-party money management service fees are 0.99% of assets under management. This fee may be negotiable at the sole discretion of Provident Wealth Advisors.