{"url":"https://nivawealth.com/firms/provident-financial-planning-291830","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/291830","regulatoryAum":174175082,"crd":"291830","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5573836","suffix":null,"lastName":"MICHEL","firstName":"PAUL","middleName":"SHANNON"},{"crd":"8216285","suffix":null,"lastName":"Wilson","firstName":"Alexander","middleName":"Woodrow"}],"total":2,"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":"2022-01-12","regulatoryAum":107200589,"clients":43,"employees":1,"offices":5},{"filedOn":"2023-07-07","regulatoryAum":102634730,"clients":46,"employees":2,"offices":5},{"filedOn":"2024-07-09","regulatoryAum":132538161,"clients":57,"employees":2,"offices":6},{"filedOn":"2025-03-04","regulatoryAum":155030421,"clients":70,"employees":2,"offices":6},{"filedOn":"2026-03-24","regulatoryAum":174175082,"clients":72,"employees":2,"offices":5}],"secFileNumber":"801-123142","legalName":"Provident Financial Planning, LLC","displayName":"Provident Financial Planning","slug":"provident-financial-planning-291830","website":"https://providentfp.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/291830/1e7cb767bb4a716c-r1.webp","tone":"light","width":944,"height":200,"sourceUrl":"https://www.providentfp.com/","sourceLabel":"Provident Financial Planning, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Texas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"15790 Dooley Road, Suite 212","city":"Addison","state":"TX","stateName":"Texas","country":"United States","postalCode":"75001"},"tradeNames":["Provident","Provident Financial Planning"],"registration":{"secApproved":"2 February 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2423563.057142857,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":1},"aum":{"regulatory":174175082,"discretionary":174175082,"discretionaryAccounts":343,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":1},"clientTypes":[{"label":"Individuals (other than HNW)","clients":13,"regulatoryAum":7061649},{"label":"High-net-worth individuals","clients":57,"regulatoryAum":162587765},{"label":"Charitable organizations","clients":1,"fewerThan5":true,"regulatoryAum":128916},{"label":"Corporations and other businesses","clients":1,"fewerThan5":true,"regulatoryAum":4396752}],"feePrograms":[{"role":"main","program":"Asset Management Fee Schedule","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1025191","versionId":1025191,"ratePeriod":"annual","fee_billing":null,"submittedOn":"2026-03-24","documentName":"ADV PART 2A","fee_rate_low":0.65,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Estate Planning Coordination","summary":"Estate planning document coordination through the firm's partner Snug is compensated with a one-time fee; the brochure states no amount.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1025191","versionId":1025191,"submittedOn":"2026-03-24","documentName":"ADV PART 2A"},{"role":"other","program":"Financial Planning and Consulting","summary":"For clients who do not use asset management, financial planning and consulting is charged $300 an hour or a fixed project cost, which may be negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1025191","versionId":1025191,"submittedOn":"2026-03-24","documentName":"ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T15:58:27.631562+00:00","documents":[{"name":"ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1025191","versionId":1025191,"submittedOn":"2026-03-24"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":168692875}],"custodyNote":"Provident Financial Planning does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Creig Manson","title":"Partner","crd":"7780640"},{"name":"Paul Michel","title":"CEO, CCO & Managing Member","crd":"5573836"},{"name":"Neal Reinig","title":"Member","crd":"7681398"}],"ownership":[{"label":"Paul Michel","detail":"Ceo, cco & managing member in the 75% or more ownership band and a control person, since December 2017."},{"label":"Neal Reinig","detail":"Member in the 5% to 10% ownership band, since December 2022."},{"label":"Creig Manson","detail":"Partner in the 5% to 10% ownership band, since June 2023."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":4,"privateResidences":0},"listedOfficeAddresses":5,"foreignOffices":[],"officesByState":[{"state":"Arizona","offices":1,"addresses":[{"street":"2325 E. Camelback Road","city":"Phoenix"}]},{"state":"Georgia","offices":1,"addresses":[{"street":"3379 Peachtree Road Ne","city":"Atlanta"}]},{"state":"Texas","offices":3,"addresses":[{"street":"15790 Dooley Road, Suite 212","city":"Addison","headquarters":true},{"street":"5100 Westheimer Road","city":"Houston"},{"street":"1560 E. Southlake BLVD.","city":"Southlake"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"888-752-6234","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":17},{"label":"U.S. government/agency bonds","percent":5},{"label":"U.S. state and local bonds","percent":3},{"label":"Investment grade corporate bonds","percent":12},{"label":"Non-investment grade corporate bonds","percent":4},{"label":"Securities issued by registered investment companies or business development companies","percent":38},{"label":"Cash and cash equivalents","percent":2},{"label":"Other","percent":19,"detail":"Alternatives, Reits, Etc."}],"privateFunds":0},"sources":{"adv1FilingDate":"24 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/291830/PDF/291830.pdf","brochureDate":"24 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1025191","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 Provident Financial Planning have?","answer":"Provident Financial Planning has 72 clients and manages $174 million for them, as of March 2026. They include 57 high-net-worth individuals, 13 individual clients and 1 charitable organization.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Provident Financial Planning offer?","answer":"Provident Financial Planning provides financial planning and portfolio management for individuals and small businesses.","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 Provident Financial Planning charge?","answer":"Provident Financial Planning charges 0.65%–1.00% a year for its Asset Management Fee Schedule. The fee is negotiable.","source":"ADV PART 2A, filed 24 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Provident Financial Planning use?","answer":"Provident Financial Planning’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $169M. 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 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Provident Financial Planning have?","answer":"Provident Financial Planning has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Provident Financial Planning invest in?","answer":"At the end of its last fiscal year, Provident Financial Planning’s separately managed accounts held 38% registered funds (mutual funds, ETFs, BDCs), 19% other, 17% exchange-traded equities, 12% investment grade corporate bonds, 5% U.S. government and agency bonds, 4% high-yield corporate bonds, 3% state and local bonds and 2% cash and equivalents. The 19% other category is described as: Alternatives, Reits, Etc.","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":"Who owns Provident Financial Planning?","answer":"Provident Financial Planning’s direct owners are Paul Michel (75% or more), Neal Reinig (5% to 10%) and Creig Manson (5% to 10%).","source":"Form ADV Part 1A, Schedules A and B, filed 24 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Provident Financial Planning get paid?","answer":"Provident Financial Planning is paid through 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Provident Financial Planning?","answer":"Provident Financial Planning’s main office is at 15790 Dooley Road, Suite 212, Addison, TX 75001. Its phone number is 888-752-6234. Its website is providentfp.com.","source":"Form ADV Part 1A, Item 1.F, filed 24 March 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."}