Provident Investment Management, Inc.

RIASEC RegisteredEst. 1981

Total AUM

$1.1B

Discretionary

$1B

90% of AUM

Avg account

$1.2M

Accounts

910

Employees

Advisory reps

Firm details

Headquarters: Novi, Michigan
CRD number: 106976
Registered since: September 14, 1981
Website: www.investprovident.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM
Client types: HNWI92.84%
Individuals4.84%
Pension & Profit Sharing Plans1.61%
Charitable Organizations0.72%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Provident Investment Management, Inc. is an independent, individual-owned registered investment adviser that has been SEC-registered since 1981. The firm focuses on fee-based wealth management for individual and family clients, offering financial planning alongside discretionary portfolio management for individuals, small businesses, and institutional/business clients. Its stated fee model is a percentage of assets under management. Provident was named to CNBC’s Top 100 Financial Advisory Firms list in 2022. The firm is not positioned as a capital allocator or pension consultant, does not identify as a multi-state adviser, and is not an active ESG investor. Advisory offerings emphasize traditional financial planning and portfolio management rather than institutional consulting or related-adviser arrangements.