Douglas Degroot has been Manager of Providence Wealth Advisors since May 2010, is a control person of the firm and directly owns under 5% of it.
Providence Wealth Advisors, LLC is a Frankfort, IL firm with $684M under management, 653 clients and 6 advisers across 3 offices, as of its March 2026 filing.
- – present · 16 yearsFrankfort, IL · Adviser representative · Firm CRD 153646
Investment adviser representative registrations
Douglas Degroot is registered as an investment adviser representative in 3 states. The first approvals date from January 2018; the most recent is Florida, in January 2025.
- FloridaSince 13 January 2025
- IllinoisSince 3 January 2018
- TexasSince 6 September 2023
Examinations
| Exam | Name | Passed |
|---|---|---|
| Series 65 | Uniform Investment Adviser Law Examination | 27 March 2010 |
- Name
- Uniform Investment Adviser Law Examination
- Full name
- Douglas Anthony Degroot
- CRD
- 5788056
- Firm
- Providence Wealth Advisors · CRD 153646
- Role
- Manager
- Office
- 20220 SOUTH LAGRANGE ROAD, Frankfort, IL 60423
- Registration
- Investment adviser registration
- In the industry since
- July 2010
- Disciplinary history
- Not yet shown here · SEC record
Where does Douglas Degroot work?
Douglas Degroot has been Manager of Providence Wealth Advisors, LLC since May 2010, and is a control person of the firm.
Is Douglas Degroot a financial advisor?
Yes. Douglas Degroot has a current investment-adviser registration in Florida, Illinois and Texas, through Providence Wealth Advisors since January 2018.
How many years of experience does Douglas Degroot have?
Douglas Degroot has 16 years in the financial industry, since July 2010, across 1 adviser firm.
What exams has Douglas Degroot passed?
Douglas Degroot passed the Series 65 in March 2010.
Where is Douglas Degroot based?
Douglas Degroot’s registered office is in Frankfort, IL.
Is Douglas Degroot registered with FINRA?
No. Douglas Degroot has no current broker registration.
How can I verify Douglas Degroot’s record?
Search CRD 5788056 on the SEC’s adviser search (adviserinfo.sec.gov), which publishes Douglas Degroot’s full registration record.
- Gery SadzewiczChief Compliance Officer