PROVIDENCE FINANCIAL AND INSURANCES, INC.

RIASEC RegisteredEst. 2021

Total AUM

$215M

Discretionary

$215M

100% of AUM

Avg account

$141K

Accounts

1,524

Employees

Advisory reps

Firm details

Headquarters: WOODLAND HILLS, California
CRD number: 141988
Registered since: July 16, 2021
Website: providencefinancial.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Commissions
Client types: Individuals70.29%
HNWI29.71%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other AdvisersPublication of PeriodicalsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Providence Financial And Insurances, Inc. is an independent registered investment adviser organized as a corporation and owner-operated. The firm registered with the SEC in 2021 and serves individual and family clients. Its business combines advisory services and insurance brokerage: advisory offerings include financial planning, portfolio management for individuals and small businesses, selection of other advisers, educational seminars and publications, and pension consulting services, while brokerage activity centers on insurance products. The firm charges fees tied to a percentage of assets under management and also generates commission-based revenue. Providence identifies as a capital allocator and does not position itself as an active ESG investor.