Provenance Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 101–250 clients last fiscal year.
Provenance Wealth Advisors reports 3,111 clients. They include 2,340 individual clients, 524 high-net-worth individuals, and 122 corporations and other businesses. Of its assets, 49.8% ($1.81B across 1,710 accounts) are managed with discretion; $1.82B across 2,110 accounts are not. A wrap fee program the firm both sponsors and manages holds $149M. It advised 80 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 75% | 6% |
| High-net-worth individuals | 17% | 53% |
| Pension and profit-sharing plans | 4% | 32% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | 4% | 9% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 2,340 | $205M | 5.7% | $87.7K |
| High-net-worth individuals | 524 | $1.91B | 52.7% | $3.65M |
| Pension and profit-sharing plans | 119 | $1.17B | 32.3% | $9.84M |
| Charitable organizations | 6 | $10.3M | 0.3% | $1.72M |
| Corporations and other businesses | 122 | $330M | 9.1% | $2.71M |
| Total | 3,111 | $3.63B | 100% | $1.17M |
- Clients
- 2,340
- Regulatory AUM
- $205M
- AUM share
- 5.7%
- Avg. per client
- $87.7K
- Clients
- 524
- Regulatory AUM
- $1.91B
- AUM share
- 52.7%
- Avg. per client
- $3.65M
- Clients
- 119
- Regulatory AUM
- $1.17B
- AUM share
- 32.3%
- Avg. per client
- $9.84M
- Clients
- 6
- Regulatory AUM
- $10.3M
- AUM share
- 0.3%
- Avg. per client
- $1.72M
- Clients
- 122
- Regulatory AUM
- $330M
- AUM share
- 9.1%
- Avg. per client
- $2.71M
Total
- Clients
- 3,111
- Regulatory AUM
- $3.63B
- AUM share
- 100%
- Avg. per client
- $1.17M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 80
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Provenance Wealth Advisors charges 0.40%–1.50% a year for its Portfolio management services. The fee is billed in advance or in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial planning and consulting
- Negotiated fixed fee generally $3,000 to $100,000; hourly fees of $100 to $1,000 apply in limited cases.
- Portfolio consulting
- Negotiated fixed fee of $3,000 to $100,000, one-time or ongoing annual, payable as the consulting agreement states.
Pwa Holdings, LLC owns 75% or more of Provenance Wealth Advisors and is in turn owned by Zyh Holding Company LLC (50–75%) and Paradigm Financial Group LLC (50–75%). Peter Mottek is CEO; the leadership team includes Chief Operating Officer Thomas Scanlan and Chief Compliance Officer Alan Kravec. It has 52 employees, 20 of them in advisory roles.
Leadership
- Peter MottekChief Executive Officer
- Thomas ScanlanChief Operating Officer
- Alan KravecChief Compliance Officer
- Sean DevineyDirector
- Todd MollDirector
- Scott MontgomeryDirector
- Eric ZeitlinChairman of Board
Investment adviser representatives
18 representatives listed in the SEC register as of 9 October 2026.
- William Charles Dahm III
- Augusto Jose De Luna
- Sean Thomas Deviney
- Evan Dunayer
- Brendan Thomas Hayes
- Lee Frederick Hediger
- Kevin David Hurley
- Joseph Karl
- Kathleen Graham Marteney
- William Gerard McKenna
- Todd Anthony Moll
- Scott Richard Montgomery
- Shane David Phillips
- Donna Sue Santangelo
- Thomas Joseph Scanlan
- Martha Swain
- Ryan T. Whiteman
- Eric Paul Zeitlin
Staff
- 52 employees
- 20 in advisory functions
- 15 state-registered reps
- 20 broker-dealer reps
- 15 insurance agents
- 3 soliciting firms
- Owns 75% or more of Provenance Wealth Advisors, LLC
Pwa Holdings, LLC
Control person · since July 2022
- Owns 50% to 75% of Pwa Holdings, LLC
Zyh Holding Company LLC
Control person · since April 2021
- Owns 50% to 75% of Zyh Holding Company LLC
Eric Zeitlin
Control person · since January 2000
- Owns 25% to 50% of Zyh Holding Company LLC
Lee Hediger
Control person · since January 2000
- Owns 50% to 75% of Pwa Holdings, LLC
Paradigm Financial Group LLC
Control person · since April 2021
- Owns 25% to 50% of Paradigm Financial Group LLC
Richard Berkowitz
Control person · since January 2000
- Owns 25% to 50% of Paradigm Financial Group LLC
Barry Brant
Control person · since January 2000
Provenance Wealth Advisors’ regulatory assets grew 6.6× from $549M (March 2021) to $3.63B (September 2026); clients rose from 97 to 3,111 and employees from 45 to 52.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $3.63B | 3,111 | 52 | 6 |
| July 2025 | $3.52B | 3,226 | 49 | 7 |
| March 2024 | $2.62B | 2,046 | 50 | 8 |
| May 2023 | $623M | 108 | 54 | 8 |
| July 2022 | $795M | 153 | 54 | 8 |
| March 2021 | $549M | 97 | 45 | 8 |
Besides its headquarters, Provenance Wealth Advisors has 5 offices, with 6 listed addresses in Florida, New York and Ohio.
Florida · 4 listed addresses
- 200 East Las Olas Boulevard, 19th Floor, Fort LauderdaleHQ
- 200 South Biscayne Boulevard, Miami
- 5100 Town Center Circle, Boca Raton
- One N Clematis Street, West Palm Beach
New York · 1 listed address
- 485 Lexington Ave, New York
Ohio · 1 listed address
- 8571 Mason Montgomery Road, Mason
Other business names
Provenance Wealth Advisors has reported 1 other business name to the SEC.
- Provenance Wealth Advisors
Contact and registration details
- Legal name
- Provenance Wealth Advisors, LLC
- Headquarters
- 200 East Las Olas Boulevard, 19th Floor, Fort Lauderdale, FL 33301
- Website
- provwealth.com
- Phone
- 954-712-8888
- @provenance-wealth- advisors
- SEC file
- 801-113505
- Structure
- Florida LLC
- Fiscal year end
- December
Provenance Wealth Advisors uses Raymond James ($2.04B, 87%) and Empower ($314M, 13%) as custodians for its separately managed accounts. Provenance Wealth Advisors does not have custody of client assets.
- EmpowerEmpower Retirement Inc · Roseland, NJ · $314M13%
- Raymond JamesRaymond James & Associates, Inc. · St. Petersburg, FL · $2.04B87%
At year end, Provenance Wealth Advisors’ separately managed accounts were largely in stocks (44%) and funds (28%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.05B across 609 positions; the largest are iShares TR Core S&P Ttl Stk (23.4%), Vaneck Morningstar Wide Moat ETF (8.4%) and Vanguard Total International Stock ETF (8.1%).
What the accounts hold
- Stocks44%
- Exchange-traded equities43%
- Non-exchange-traded equities1%
- Funds28%
- Bonds14%
- State and local bonds7%
- Investment grade corporate bonds5%
- U.S. government and agency bonds1%
- High-yield corporate bonds1%
- Cash12%
- Other2%
- Derivatives1%
- Fee based annuities, alternative investments1%
Reported 13F holdings
- $1.05B
- Reported 13F value
- 609
- Positions
- 75.4%
- In the 10 largest
- +11.1%
- Value vs. prior quarter
- iShares TR Core S&P Ttl Stk · Core S&P Ttl Stk23.4%
- Vaneck Morningstar Wide Moat ETF · Mrngstr Wde Moat8.4%
- Vanguard Total International Stock ETF · VG TL Intl Stk F8.1%
- J P Morgan Flexible Debt ETF · Flexi Debt ETF7.0%
- Eaton Vance Total Return Bond ETF · Eato Vanc BD ETF6.8%
- Vanguard Dividend Appreciation ETF · Div App ETF5.7%
- JP Morgan ETF Active Growth ETF · Active Growth5.3%
- iShares TR MSCI Emg Mkt ETF · MSCI Emg Mkt ETF4.1%
- iShares TR Core US Aggbd ET · Core US Aggbd ET3.5%
- iShares TR Russell 3000 ETF · Russell 3000 ETF3.2%
Together, the ten largest are 75.4% of reported value.
How many clients does Provenance Wealth Advisors have?
Provenance Wealth Advisors has 3,111 clients and manages $3.63 billion for them, as of September 2026. They include 2,340 individual clients, 524 high-net-worth individuals, and 122 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 September 2026
What services does Provenance Wealth Advisors offer?
Provenance Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Provenance Wealth Advisors charge?
Provenance Wealth Advisors charges 0.40%–1.50% a year for its Portfolio management services. The fee is billed in advance or in arrears and is negotiable.
Source: PROVENANCE WEALTH ADVISORS ADV PART 2A BROCHURE, filed 24 September 2026
Which custodians does Provenance Wealth Advisors use?
Provenance Wealth Advisors’ separately managed account assets are held at Raymond James & Associates, Inc. (St. Petersburg, FL), with $2.04B and Empower Retirement Inc (Roseland, NJ), with $314M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 September 2026
How many financial advisors does Provenance Wealth Advisors have?
Provenance Wealth Advisors has 15 investment adviser representatives registered with state securities authorities, out of 52 employees, and 20 perform investment advisory functions. 20 employees are registered representatives of a broker-dealer and 15 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Provenance Wealth Advisors invest in?
At the end of its last fiscal year, Provenance Wealth Advisors’ separately managed accounts held 43% exchange-traded equities, 28% registered funds (mutual funds, ETFs, BDCs), 12% cash and equivalents, 7% state and local bonds, 5% investment grade corporate bonds, 1% non-exchange-traded equities, 1% U.S. government and agency bonds, 1% high-yield corporate bonds, 1% derivatives and 1% other. The 1% other category is described as: Fee Based Annuities, Alternative Investments.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Provenance Wealth Advisors?
Provenance Wealth Advisors is owned through a chain of holding companies by Eric Zeitlin, Lee Hediger, Richard Berkowitz and Barry Brant. Its direct owner is Pwa Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 September 2026
How does Provenance Wealth Advisors get paid?
Provenance Wealth Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Provenance Wealth Advisors registered with the SEC?
Yes, Provenance Wealth Advisors has been registered with the SEC as an investment adviser since 25 June 2018. Its CRD number is 126529 and its SEC file number is 801-113505.
Source: Form ADV Part 1A, Item 1, filed 24 September 2026; IAPD firm record
How do I contact Provenance Wealth Advisors?
Provenance Wealth Advisors’ main office is at 200 East Las Olas Boulevard, 19th Floor, Fort Lauderdale, FL 33301. Its phone number is 954-712-8888. Its website is provwealth.com.