Provident Living Financial Services provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars.
Provident Living Financial Services reports 254 clients. They include 183 individual clients, 62 high-net-worth individuals and 5 charitable organizations. Of its assets, 100.0% ($158M across 408 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 72% | 33% |
| High-net-worth individuals | 24% | 61% |
| Pension and profit-sharing plans | 1% | 3% |
| Charitable organizations | 2% | <1% |
| Corporations and other businesses | <1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 183 | $51.9M | 32.8% | $283K |
| High-net-worth individuals | 62 | $96.3M | 60.9% | $1.55M |
| Pension and profit-sharing plans | Fewer than 5 | $4.71M | 3.0% | $1.57M |
| Charitable organizations | 5 | $1.31M | 0.8% | $262K |
| Corporations and other businesses | Fewer than 5 | $3.93M | 2.5% | $3.93M |
| Total | 254 | $158M | 100% | — |
- Clients
- 183
- Regulatory AUM
- $51.9M
- AUM share
- 32.8%
- Avg. per client
- $283K
- Clients
- 62
- Regulatory AUM
- $96.3M
- AUM share
- 60.9%
- Avg. per client
- $1.55M
- Clients
- Fewer than 5
- Regulatory AUM
- $4.71M
- AUM share
- 3.0%
- Avg. per client
- $1.57M
- Clients
- 5
- Regulatory AUM
- $1.31M
- AUM share
- 0.8%
- Avg. per client
- $262K
- Clients
- Fewer than 5
- Regulatory AUM
- $3.93M
- AUM share
- 2.5%
- Avg. per client
- $3.93M
Total
- Clients
- 254
- Regulatory AUM
- $158M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Provident Living Financial Services is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Cathedral Legacy and Wealth Stewardship
- Standard-rate stewardship fees are no greater than $10,000 per occurrence for Evaluate and $20,000 for Build; Manage is negotiated when the service scope is selected.
- DIY and Journey Memberships
- Membership base fees are $60, $100 or $400 a month by tier, with waivers and discounts for qualifying assets, and may be paid monthly, quarterly, semi-annually or annually.
- Financial Wellness and Advocacy
- Financial wellness and advocacy services, including out-of-scope work, are billed at $200 an hour, rounded up to 15 minutes, unless a membership fee or discount applies.
Richard Barber owns 75% or more of Provident Living Financial Services. The leadership team of Provident Living Financial Services includes President Richard Barber. It has 3 employees.
Leadership
- Richard BarberPresident/Chief Compliance Officer
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Provident Living Financial Services, Inc.
Richard Barber
Control person · since May 2016
Provident Living Financial Services’ regulatory assets grew from $130M (May 2025) to $158M (March 2026); clients rose from 236 to 254 and employees from 2 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $158M | 254 | 3 | 2 |
| May 2025May 2025 | $130M | 236 | 2 | 2 |
Besides its headquarters, Provident Living Financial Services has 1 office, with 2 listed addresses across 2 states.
California · 1 listed address
- 1691 Third Street, Atwater
Utah · 1 listed address
- 3450 N Triumph BLVD., Suite 102, LehiHQ
Contact and registration details
- Legal name
- Provident Living Financial Services, Inc.
- Headquarters
- 3450 N Triumph BLVD., Suite 102, Lehi, UT 84043
- Website
- getprovident.com
- Phone
- 801-753-5639
- SEC file
- 801-132694
- Structure
- California corporation
- Fiscal year end
- December
Provident Living Financial Services’ named custodian for separately managed accounts is Charles Schwab ($158M). Provident Living Financial Services does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $158M100%
At year end, Provident Living Financial Services’ separately managed accounts were largely in funds (48%) and stocks (43%). Its reported 13F holdings for the quarter ended 30 June 2026 total $101M across 50 positions; the largest are Sofi Technologies Inc. (14.2%), Fidelity Merrimack Str TR (11.6%) and Rbb Fund Trust (11.0%).
What the accounts hold
- Stocks43%
- Funds48%
- Cash10%
- Other1%
- Derivatives1%
Reported 13F holdings
- $101M
- Reported 13F value
- 50
- Positions
- 67.7%
- In the 10 largest
- +11.9%
- Value vs. prior quarter
- Sofi Technologies Inc.14.2%
- Fidelity Merrimack Str TR · Total BD ETF11.6%
- Rbb Fund Trust · First Eagle Gbl11.0%
- Citigroup Inc.7.3%
- Vanguard Index Fds · Total Stk Mkt5.7%
- Bank OF Amer Corp.5.3%
- iShares TR · High Yld Systm B4.4%
- Apple Inc.3.4%
- Advanced Micro Devices Inc.2.6%
- Alphabet Inc. · Cap Stk CL A2.2%
Together, the ten largest are 67.7% of reported value.
How many clients does Provident Living Financial Services have?
Provident Living Financial Services has 254 clients and manages $158 million for them, as of March 2026. They include 183 individual clients, 62 high-net-worth individuals and 5 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 5 March 2026
What services does Provident Living Financial Services offer?
Provident Living Financial Services provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Provident Living Financial Services use?
Provident Living Financial Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $158M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 March 2026
How many financial advisors does Provident Living Financial Services have?
Provident Living Financial Services has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 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
What does Provident Living Financial Services invest in?
At the end of its last fiscal year, Provident Living Financial Services’ separately managed accounts held 48% registered funds (mutual funds, ETFs, BDCs), 43% exchange-traded equities, 10% cash and equivalents and 1% derivatives.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Provident Living Financial Services?
Provident Living Financial Services’ direct owner is Richard Barber (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 5 March 2026
How does Provident Living Financial Services get paid?
Provident Living Financial Services 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
How do I contact Provident Living Financial Services?
Provident Living Financial Services’ main office is at 3450 N Triumph BLVD., Suite 102, Lehi, UT 84043. Its phone number is 801-753-5639. Its website is getprovident.com.