AUMdb

Provident Wealth Management Inc

State-registered Insurance-Affiliated · Boutique (under $100M) CRD 107021 · SEC file 801-30754 · Erie, PA · WWW.PROVIDENTWEALTH.COM
☆ Save with Pro ADV data as of Mar 25, 2024
Regulatory AUM
$25.7M
Discretionary
$15.9M
Clients
65
Avg AUM / client
$396K
Accounts
118
Employees
1

AUM over time

$17.3M $25.7M
Nov 23, 2011 Mar 25, 2024

Reported AUM from Form ADV filings, plotted by filing date · as of Mar 25, 2024

Who they serve

Client typeClientsAUM% of AUM
Individuals (non-high net worth) 62 $14.0M 54.5%
High net worth individuals 2 $1.9M 7.29%
Pension and profit sharing plans 1 $9.8M 38.2%

People (3)

roster as of Jul 20, 2026
NameRole / titleCredentialsWith firm sinceOwnership
Donald Lee Smith Owner Chartered Financial Consultant Jan 1992 (35y) 75% or more
Smith, David, Lynn Chief Operations Officer Nov 1999 (27y) Less than 5%
Richard Edward Smith Registered representative Sep 2018 (8y)

Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/25/2024 1.16 MB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

No disciplinary events reported on the firm's latest Form ADV filing.

How they charge

  • Percentage of assets under management
  • Hourly charges
  • Fixed fees
  • Other fees
  • RETAINER

Services

  • Financial planning services
  • Portfolio management for individuals/small businesses
  • Portfolio management for businesses/institutional clients
  • Pension consulting services
  • Selection of other advisers
  • Educational seminars/workshops

Custody

Reported custodians

Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).

Firm reports it does not have custody of client funds or securities (Item 9.A).

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 25, 2024.

View current Form ADV (SEC/IAPD) ↗