{"url":"https://nivawealth.com/firms/providence-financial-and-insurance-services-141988","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/141988","regulatoryAum":215020611,"crd":"141988","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2387781","suffix":null,"lastName":"Dizon","firstName":"Eric","middleName":"K"},{"crd":"6757972","suffix":null,"lastName":"Grossman","firstName":"Lorraine","middleName":"Ann"},{"crd":"6240783","suffix":null,"lastName":"Gunderson","firstName":"Zachary","middleName":"David"},{"crd":"4946292","suffix":null,"lastName":"LAM","firstName":"THUAN","middleName":"KHAI"},{"crd":"5230816","suffix":null,"lastName":"SACCARO","firstName":"ANTHONY","middleName":"ALAN"},{"crd":"7835096","suffix":null,"lastName":"SARNOFF","firstName":"JAKE","middleName":"ISAAC"}],"total":6,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-06-18","regulatoryAum":110731458,"clients":636,"employees":2,"offices":1},{"filedOn":"2022-03-04","regulatoryAum":119265165,"clients":1137,"employees":2,"offices":1},{"filedOn":"2023-02-10","regulatoryAum":131079977,"clients":693,"employees":8,"offices":1},{"filedOn":"2024-03-15","regulatoryAum":153377779,"clients":555,"employees":14,"offices":2},{"filedOn":"2025-03-31","regulatoryAum":189507150,"clients":625,"employees":17,"offices":2},{"filedOn":"2026-05-04","regulatoryAum":215020611,"clients":624,"employees":16,"offices":3}],"secFileNumber":"801-121770","legalName":"Providence Financial and Insurance Services, Inc","displayName":"Providence Financial and Insurance Services","slug":"providence-financial-and-insurance-services-141988","website":"https://providencefinancialradio.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"California corporation","fiscalYearEnd":"December","headquarters":{"street":"6320 Canoga Avenue, Suite 600","city":"Woodland Hills","state":"CA","stateName":"California","country":"United States","postalCode":"91367"},"tradeNames":[],"registration":{"secApproved":"16 July 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":344584.3125,"staff":{"employees":16,"advisory":6,"brokerDealerReps":0,"insuranceAgents":6,"promoters":0},"aum":{"regulatory":215020611,"discretionary":215020611,"discretionaryAccounts":1524,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":582,"regulatoryAum":151145321},{"label":"High-net-worth individuals","clients":42,"regulatoryAum":63875290}],"feePrograms":[{"role":"main","program":"Investment management services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1027306","versionId":1027306,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-26","documentName":"PFIS ADV PART 2A","fee_rate_low":1.25,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":250000,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T13:30:07.787288+00:00","documents":[{"name":"PFIS ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1027306","versionId":1027306,"submittedOn":"2026-03-26"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":215020611}],"custodyNote":"Providence Financial and Insurance Services does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Anthony Saccaro","title":"President, CCO","crd":"5230816"}],"ownership":[{"label":"Anthony Saccaro","detail":"President, cco in the 75% or more ownership band and a control person, since July 1999."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"foreignOffices":[],"officesByState":[{"state":"California","offices":3,"addresses":[{"street":"6320 Canoga Avenue, Suite 600","city":"Woodland Hills","headquarters":true},{"street":"27240 Turnberry Lane, Suite 200","city":"Valencia"},{"street":"1600 Rosecrans Avenue","city":"Manhattan Beach"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"818-887-6443","stateRegisteredReps":6,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Commissions"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)","Publication of periodicals or newsletters","Educational seminars/workshops"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":62},{"label":"Non-exchange-traded equity securities","percent":1},{"label":"Investment grade corporate bonds","percent":8},{"label":"Non-investment grade corporate bonds","percent":9},{"label":"Securities issued by registered investment companies or business development companies","percent":16},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":0},"sources":{"adv1FilingDate":"4 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/141988/PDF/141988.pdf","brochureDate":"26 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1027306","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Providence Financial and Insurance Services have?","answer":"Providence Financial and Insurance Services has 624 clients and manages $215 million for them, as of May 2026. They include 582 individual clients and 42 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 4 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Providence Financial and Insurance Services offer?","answer":"Providence Financial and Insurance Services provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, publishing newsletters, and educational seminars.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Providence Financial and Insurance Services charge?","answer":"Providence Financial and Insurance Services charges 1.25%–1.50% a year for its Investment management services. The fee is billed in arrears, is negotiable and requires an account of at least $250,000.","source":"PFIS ADV PART 2A, filed 26 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Providence Financial and Insurance Services use?","answer":"Providence Financial and Insurance Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $215M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Providence Financial and Insurance Services have?","answer":"Providence Financial and Insurance Services has 6 investment adviser representatives registered with state securities authorities, out of 16 employees, and 6 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 6 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Providence Financial and Insurance Services invest in?","answer":"At the end of its last fiscal year, Providence Financial and Insurance Services’ separately managed accounts held 62% exchange-traded equities, 16% registered funds (mutual funds, ETFs, BDCs), 9% high-yield corporate bonds, 8% investment grade corporate bonds, 4% cash and equivalents and 1% non-exchange-traded equities.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Providence Financial and Insurance Services have a minimum investment?","answer":"Yes, Providence Financial and Insurance Services’ minimum account size for its Investment management services is $250K.","source":"PFIS ADV PART 2A, filed 26 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Providence Financial and Insurance Services?","answer":"Providence Financial and Insurance Services’ direct owner is Anthony Saccaro (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 4 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Providence Financial and Insurance Services get paid?","answer":"Providence Financial and Insurance Services is paid through a percentage of assets under management and commissions. Its Form ADV lists no 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Providence Financial and Insurance Services?","answer":"Providence Financial and Insurance Services’ main office is at 6320 Canoga Avenue, Suite 600, Woodland Hills, CA 91367. Its phone number is 818-887-6443. Its website is providencefinancialradio.com.","source":"Form ADV Part 1A, Item 1.F, filed 4 May 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}