Providence Capital Advisors (PCA) provides investment management and financial planning services to individuals, high net worth individuals, corporations, and small businesses. PCA manages investments through various strategies focusing on individual securities. Financial planning is offered to investment management clients, covering areas like taxes, insurance, debt, retirement, and investments. The firm's minimum account size is $500,000 for investment management only and $1,500,000 for both financial planning and investment management.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $1.0M | 1.25% |
| $1.0M - $5.0M | 1.00% |
| $5.0M - $15.0M | 0.75% |
| $15.0M - $25.0M | 0.60% |
| $25M+ | 0.50% |
Fees are negotiable in certain circumstances based upon prior relationships as well as related account holdings. Company retirement plans with multiple employees as participants are charged a flat fee of up to 0.50% annually. These fees are negotiable and disclosed in a separate fee schedule to the client.