Providence Wealth Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year.
Providence Wealth Management reports 206 clients. They include 157 individual clients, 48 high-net-worth individuals and 1 corporate or other business client. Of its assets, 100.0% ($152M across 677 accounts) are managed with discretion. Of its clients, 1% are outside the U.S. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 76% | 38% |
| High-net-worth individuals | 23% | 62% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 157 | $58M | 38.2% | $369K |
| High-net-worth individuals | 48 | $93.5M | 61.6% | $1.95M |
| Corporations and other businesses | Fewer than 5 | $301K | 0.2% | $301K |
| Total | 206 | $152M | 100% | — |
- Clients
- 157
- Regulatory AUM
- $58M
- AUM share
- 38.2%
- Avg. per client
- $369K
- Clients
- 48
- Regulatory AUM
- $93.5M
- AUM share
- 61.6%
- Avg. per client
- $1.95M
- Clients
- Fewer than 5
- Regulatory AUM
- $301K
- AUM share
- 0.2%
- Avg. per client
- $301K
Total
- Clients
- 206
- Regulatory AUM
- $152M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Providence Wealth Management is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and other compensation. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Full financial plan and consultation
- Hourly fee of $350 for financial planning, based on complexity; an estimated plan fee is given before the process starts and is due on delivery.
- Ongoing financial planning
- Annual fee of $1,000 to $30,000 depending on scope and complexity, billed quarterly in arrears in four equal installments.
Paul Cochran owns 75% or more of Providence Wealth Management. The leadership team of Providence Wealth Management includes President Garrett Crawford. It has 8 employees, 3 of them in advisory roles.
Leadership
- Garrett CrawfordPresident
Paul CochranManaging Member/CCO
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 8 employees
- 3 in advisory functions
- 3 state-registered reps
- 4 insurance agents
- Owns 75% or more of Providence Wealth Management LLC
Paul Cochran
Control person · since June 2007
Providence Wealth Management’s regulatory assets grew from $112M (January 2022) to $152M (April 2026); clients fell from 303 to 206 and employees rose from 7 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $152M | 206 | 8 | 1 |
| March 2025 | $129M | 190 | 8 | 1 |
| February 2024 | $109M | 191 | 7 | 1 |
| February 2023 | $96.2M | 291 | 7 | 1 |
| January 2022 | $112M | 303 | 7 | 1 |
Besides its headquarters, Providence Wealth Management has 0 offices, with 1 listed address in Tennessee.
Tennessee · 1 listed address
- 2030 Falling Waters Road, Suite 175, KnoxvilleHQ
Contact and registration details
- Legal name
- Providence Wealth Management LLC
- Headquarters
- 2030 Falling Waters Road, Suite 175, Knoxville, TN 37922
- Website
- providenceadvisors.com
- Phone
- 865-691-6699
- @providence-advisors-group-llc
- SEC file
- 801-123273
- Structure
- Tennessee LLC
- Fiscal year end
- December
Providence Wealth Management uses Charles Schwab ($152M) as custodian for its separately managed accounts. Providence Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $152M100%
At year end, Providence Wealth Management’s separately managed accounts were mostly in stocks (85%).
What the accounts hold
- Stocks85%
- Exchange-traded equities84%
- Non-exchange-traded equities1%
- Cash3%
- Other13%
- Structured notes13%
How many clients does Providence Wealth Management have?
Providence Wealth Management has 206 clients and manages $152 million for them, as of April 2026. They include 157 individual clients, 48 high-net-worth individuals and 1 corporate or other business client.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 April 2026
What services does Providence Wealth Management offer?
Providence Wealth Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Providence Wealth Management use?
Providence Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $152M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 April 2026
How many financial advisors does Providence Wealth Management have?
Providence Wealth Management has 3 investment adviser representatives registered with state securities authorities, out of 8 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 4 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 Providence Wealth Management invest in?
At the end of its last fiscal year, Providence Wealth Management’s separately managed accounts held 84% exchange-traded equities, 13% other, 3% cash and equivalents and 1% non-exchange-traded equities. The 13% other category is described as: Structured Notes.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Providence Wealth Management?
Providence Wealth Management’s direct owner is Paul Cochran (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 14 April 2026
How does Providence Wealth Management get paid?
Providence Wealth Management is paid through a percentage of assets under management, hourly charges, fixed fees and other compensation. 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
How do I contact Providence Wealth Management?
Providence Wealth Management’s main office is at 2030 Falling Waters Road, Suite 175, Knoxville, TN 37922. Its phone number is 865-691-6699. Its website is providenceadvisors.com.