Firm
Provident Investment Management
Novi, Michigan
Fee-only
Provident Investment Management at a glance
- One of 237 fee-only firms based in Michigan in the Wellspent graph.
- 4 advisors are listed here; all hold the CFA.
- Its Form ADV reports 10 employees and 318 individual clients, 227 of them high net worth.
- Its average account is about $1.2 million (assets it manages divided by its 910 accounts).
- Its website says it's taking new clients.
- It works with clients virtually as well as in person.
Fee-only advisors in Michigan · What fee-only advisors charge in Michigan
Facts
| Based in | Novi, Michigan |
|---|---|
| Website | investprovident.com |
| [email protected] | |
| Phone | (248) 380-1700 |
Provident Investment Management fees
What the firm's own website says it charges, checked October 30, 2026. We keep a price only when the exact words stating it appear on the page.
| Account minimum | $500,000 |
|---|
In the firm's words
"Our minimum is $500,000 in investable assets, applied to all accounts combined for a household." source
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets |
|---|---|
| Assets managed | $1.1 billion |
| Individual clients | 91 |
| High-net-worth clients | 227 |
| Accounts managed | 910 |
| Employees | 10 |
| Planning clients | 26-50 |
| Registered with | The SEC (801-16412) |
| Financial planning | Offered |
| Form ADV filed | October 2, 2026 |
| SEC record | CRD 106976 |