{"url":"https://nivawealth.com/firms/provident-trust-110118","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/110118","regulatoryAum":6858453576,"crd":"110118","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2455458","suffix":null,"lastName":"BAURES","firstName":"PAUL","middleName":"CARL"},{"crd":"4375804","suffix":null,"lastName":"HARKNESS","firstName":"JAMES","middleName":"SCOTT"},{"crd":"2353554","suffix":null,"lastName":"SCHELBLE","firstName":"MICHAEL","middleName":"ANTHONY"},{"crd":"4611041","suffix":"JR","lastName":"TUTTLE","firstName":"THOMAS","middleName":"NATHANIEL"},{"crd":"2004407","suffix":null,"lastName":"WOLCOTT","firstName":"LEE","middleName":"G"}],"total":5,"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":"2021-06-30","regulatoryAum":4676054473,"clients":1252,"employees":13,"offices":1},{"filedOn":"2022-03-31","regulatoryAum":6503624885,"clients":1238,"employees":13,"offices":1},{"filedOn":"2023-03-30","regulatoryAum":4839167748,"clients":1206,"employees":13,"offices":1},{"filedOn":"2024-03-27","regulatoryAum":5743082043,"clients":1119,"employees":12,"offices":1},{"filedOn":"2025-07-25","regulatoryAum":6618137295,"clients":1069,"employees":12,"offices":1},{"filedOn":"2026-04-08","regulatoryAum":6858453576,"clients":1037,"employees":12,"offices":1}],"secFileNumber":"801-58213","legalName":"Provident Trust Company","displayName":"Provident Trust","slug":"provident-trust-110118","website":"https://provtrust.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Wisconsin corporation","fiscalYearEnd":"December","headquarters":{"street":"N16 W23217 Stone Ridge Drive, Suite 310","city":"Waukesha","state":"WI","stateName":"Wisconsin","country":"United States","postalCode":"53188-1199"},"tradeNames":[],"registration":{"secApproved":"15 December 2000","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":5856235.72782258,"staff":{"employees":12,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":6858453576,"discretionary":6858369423,"discretionaryAccounts":1034,"nonDiscretionary":84153,"nonDiscretionaryAccounts":3,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":178,"regulatoryAum":877478},{"label":"High-net-worth individuals","clients":814,"regulatoryAum":5808508364},{"label":"Investment companies","clients":1,"regulatoryAum":209118751},{"label":"Charitable organizations","clients":41,"regulatoryAum":839864830},{"label":"Other","clients":3,"regulatoryAum":84153}],"feePrograms":[{"role":"main","program":"Separate account standard fee schedule","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1005162","versionId":1005162,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-01-30","documentName":"FORM ADV BROCHURE PART 2A","fee_rate_low":0.6,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":3000000,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T03:33:47.569704+00:00","documents":[{"name":"FORM ADV BROCHURE PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1005162","versionId":1005162,"submittedOn":"2026-01-30"}]},"custodians":[{"name":"Northern Trust Securities, Inc.","shortName":"Northern Trust Securities","location":"Chicago, IL","smaAssets":3357588594}],"custodyNote":"Provident Trust has custody of $3.59B in client assets for 927 clients.","otherCustodians":[],"leadership":[{"name":"James Harkness","title":"Director/Chief Executive Officer","crd":"4375804"},{"name":"Michael Schelble","title":"President/Treasurer/Director","crd":"2353554"},{"name":"Thomas Tuttle","title":"Vice President/Secretary/Director","crd":"4611041"},{"name":"James Daley","title":"Shareholder/Chief Compliance Officer/Chief Operating Officer","crd":"6046719"},{"name":"Eugene Jacobus","title":"Director","crd":"4375821"},{"name":"John Onzik","title":"Director","crd":"4375819"},{"name":"Marifran Creed","title":"Trustee, J. Scott & Genevieve Harkness 2003 Trust Fbo Carey T. Harkness","crd":"5910556"},{"name":"Allison Creed","title":"Trustee, J. Scott Harkness 1999 Trust","crd":"7358719"}],"ownership":[{"label":"J. Scott Harkness 1999 Trust","detail":"Shareholder in the 25% to 50% ownership band and a control person, since October 2000."},{"label":"John Onzik","detail":"Trustee, j. scott & genevieve harkness 2003 trust fbo carey t. harkness in the 5% to 10% ownership band and a control person, since August 2003. Also trustee, j. scott harkness 1999 trust in the 25% to 50% ownership band and a control person, since August 2020. Also trustee, j. scott & genevieve harkness 2003 trust fbo genevieve l. harkness in the 5% to 10% ownership band and a control person, since August 2003. Also trustee, j. scott & genevieve harkness 2003 trust fbo erin f. harkness in the 5% to 10% ownership band and a control person, since August 2003. Also trustee of J. Scott & Genevieve Harkness 2003 Trust and a control person, since October 2000."},{"label":"Marifran Creed","detail":"Trustee, j. scott & genevieve harkness 2003 trust fbo carey t. harkness in the 5% to 10% ownership band and a control person, since August 2003. Also trustee, j. scott & genevieve harkness 2003 trust fbo genevieve l. harkness in the 5% to 10% ownership band and a control person, since August 2003. Also trustee, j. scott & genevieve harkness 2003 trust fbo erin f. harkness in the 5% to 10% ownership band and a control person, since August 2003. Also trustee of J. Scott & Genevieve Harkness 2003 Trust and a control person, since October 2000."},{"label":"Michael A. & Patricia A. Schelble Joint Revocable Trust Agency","detail":"Shareholder in the 10% to 25% ownership band and a control person, since May 2010."},{"label":"James Daley","detail":"Shareholder/chief compliance officer/chief operating officer in the 10% to 25% ownership band and a control person, since January 2014."},{"label":"J. Scott and Genevieve Harkness 2003 Trust Fbo Carey T. Harkness","detail":"Shareholder in the 5% to 10% ownership band, since August 2003."},{"label":"J. Scott and Genevieve Harkness Living Trust DTD 5/11/15","detail":"Shareholder in the 10% to 25% ownership band and a control person, since April 2017."},{"label":"Michael A. & Patricia A.","detail":"Shareholder in the 10% to 25% ownership band and a control person, since May 2010."},{"label":"Allison Creed","detail":"Trustee, j. scott harkness 1999 trust in the 25% to 50% ownership band and a control person, since December 2018. Also trustee of J. Scott Harkness 1999 Trust and a control person, since December 2018."},{"label":"J. Scott and Genevieve Harkness","detail":"Shareholder in the 5% to 10% ownership band, since August 2003."},{"label":"J. Scott and Genevieve Harkness 2003 Trust Fbo Genevieve L. Harkness","detail":"Shareholder in the 5% to 10% ownership band, since August 2003."},{"label":"J. Scott and Genevieve Harkness 2003 Trust Fbo Erin F. Harkness","detail":"Shareholder in the 5% to 10% ownership band, since August 2003."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Wisconsin","offices":1,"addresses":[{"street":"N16 W23217 Stone Ridge Drive, Suite 310","city":"Waukesha","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"262-521-2300","stateRegisteredReps":5,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for investment companies","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":86},{"label":"Securities issued by registered investment companies or business development companies","percent":1},{"label":"Cash and cash equivalents","percent":12},{"label":"Other","percent":1,"detail":"Asset Types Total Less Than 1% of Assets."}],"privateFunds":0},"sources":{"adv1FilingDate":"8 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/110118/PDF/110118.pdf","brochureDate":"30 January 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1005162","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 Trust have?","answer":"Provident Trust has 1,037 clients and manages $6.86 billion for them, as of April 2026. They include 814 high-net-worth individuals, 178 individual clients and 41 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 8 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Provident Trust offer?","answer":"Provident Trust provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for institutions, and selecting other managers.","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 Trust charge?","answer":"Provident Trust charges 0.60%–1.00% a year for its Separate account standard fee schedule. The fee is billed in arrears, is negotiable and requires an account of at least $3,000,000.","source":"FORM ADV BROCHURE PART 2A, filed 30 January 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Provident Trust use?","answer":"Provident Trust’s separately managed account assets are held at Northern Trust Securities, Inc. (Chicago, IL), with $3.36B. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 8 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Provident Trust have?","answer":"Provident Trust has 5 investment adviser representatives registered with state securities authorities, out of 12 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 Trust invest in?","answer":"At the end of its last fiscal year, Provident Trust’s separately managed accounts held 86% exchange-traded equities, 12% cash and equivalents, 1% registered funds (mutual funds, ETFs, BDCs) and 1% other. The 1% other category is described as: Asset Types Total Less Than 1% of Assets.","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 Provident Trust have a minimum investment?","answer":"Yes, Provident Trust’s minimum account size for its Separate account standard fee schedule is $3M.","source":"FORM ADV BROCHURE PART 2A, filed 30 January 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Provident Trust?","answer":"Provident Trust’s direct owners are J. Scott Harkness 1999 Trust, John Onzik, Marifran Creed, Michael A. & Patricia A. Schelble Joint Revocable Trust Agency, James Daley, J. Scott and Genevieve Harkness 2003 Trust Fbo Carey T. Harkness, J. Scott and Genevieve Harkness Living Trust DTD 5/11/15, Michael A. & Patricia A., Allison Creed, J. Scott and Genevieve Harkness, J. Scott and Genevieve Harkness 2003 Trust Fbo Genevieve L. Harkness, and J. Scott and Genevieve Harkness 2003 Trust Fbo Erin F. Harkness, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 8 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Provident Trust get paid?","answer":"Provident Trust is paid through a percentage of assets under management. 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 Trust?","answer":"Provident Trust’s main office is at N16 W23217 Stone Ridge Drive, Suite 310, Waukesha, WI 53188-1199. Its phone number is 262-521-2300. Its website is provtrust.com.","source":"Form ADV Part 1A, Item 1.F, filed 8 April 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/provident-trust-110118/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-07-28","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1140436/000114043626000007/0001140436-26-000007-index.html","totalValue":4770967274,"positionCount":22,"top10Share":0.9094069153742848,"top10":[{"issuer":"ALPHABET INC CL A","titleOfClass":"COM","cusip":"02079K305","value":786021020,"shares":2199460,"shareType":"SH","priorValue":801387736,"priorShares":2786854},{"issuer":"ALPHABET INC CL C","titleOfClass":"COM","cusip":"02079K107","value":777887088,"shares":2201588,"shareType":"SH","priorValue":802362337,"priorShares":2797052},{"issuer":"COSTCO WHSL CORP NEW COM","titleOfClass":"COM","cusip":"22160K105","value":440045088,"shares":470400,"shareType":"SH","priorValue":468684801,"priorShares":470364},{"issuer":"PNC FINANCIAL SVS GRP","titleOfClass":"COM","cusip":"693475105","value":431009834,"shares":1750507,"shareType":"SH","priorValue":363275198,"priorShares":1745760},{"issuer":"VISA INC","titleOfClass":"COM","cusip":"92826C839","value":405925561,"shares":1183146,"shareType":"SH","priorValue":356597260,"priorShares":1179848},{"issuer":"SCHWAB CHARLES CP NEW COM","titleOfClass":"COM","cusip":"808513105","value":342916011,"shares":3716441,"shareType":"SH","priorValue":347991493,"priorShares":3702825},{"issuer":"TJX COMPANIES INC","titleOfClass":"COM","cusip":"872540109","value":315980368,"shares":2085679,"shareType":"SH","priorValue":330883548,"priorShares":2071907},{"issuer":"AMERICAN EXPRESS CO","titleOfClass":"COM","cusip":"025816109","value":311466350,"shares":920817,"shareType":"SH","priorValue":277383537,"priorShares":917031},{"issuer":"HOME DEPOT","titleOfClass":"COM","cusip":"437076102","value":293144089,"shares":831190,"shareType":"SH","priorValue":248732929,"priorShares":756280},{"issuer":"T ROWE PRICE GRP INC","titleOfClass":"COM","cusip":"74144T108","value":234355223,"shares":2061353,"shareType":"SH","priorValue":185042006,"priorShares":2052829}],"positionsListed":22,"positions":[{"issuer":"ALPHABET INC CL A","titleOfClass":"COM","cusip":"02079K305","value":786021020,"shares":2199460,"shareType":"SH","priorValue":801387736,"priorShares":2786854},{"issuer":"ALPHABET INC CL C","titleOfClass":"COM","cusip":"02079K107","value":777887088,"shares":2201588,"shareType":"SH","priorValue":802362337,"priorShares":2797052},{"issuer":"COSTCO WHSL CORP NEW COM","titleOfClass":"COM","cusip":"22160K105","value":440045088,"shares":470400,"shareType":"SH","priorValue":468684801,"priorShares":470364},{"issuer":"PNC FINANCIAL SVS GRP","titleOfClass":"COM","cusip":"693475105","value":431009834,"shares":1750507,"shareType":"SH","priorValue":363275198,"priorShares":1745760},{"issuer":"VISA INC","titleOfClass":"COM","cusip":"92826C839","value":405925561,"shares":1183146,"shareType":"SH","priorValue":356597260,"priorShares":1179848},{"issuer":"SCHWAB CHARLES CP NEW COM","titleOfClass":"COM","cusip":"808513105","value":342916011,"shares":3716441,"shareType":"SH","priorValue":347991493,"priorShares":3702825},{"issuer":"TJX COMPANIES INC","titleOfClass":"COM","cusip":"872540109","value":315980368,"shares":2085679,"shareType":"SH","priorValue":330883548,"priorShares":2071907},{"issuer":"AMERICAN EXPRESS CO","titleOfClass":"COM","cusip":"025816109","value":311466350,"shares":920817,"shareType":"SH","priorValue":277383537,"priorShares":917031},{"issuer":"HOME DEPOT","titleOfClass":"COM","cusip":"437076102","value":293144089,"shares":831190,"shareType":"SH","priorValue":248732929,"priorShares":756280},{"issuer":"T ROWE PRICE GRP INC","titleOfClass":"COM","cusip":"74144T108","value":234355223,"shares":2061353,"shareType":"SH","priorValue":185042006,"priorShares":2052829},{"issuer":"FASTENAL INC COM","titleOfClass":"COM","cusip":"311900104","value":217126531,"shares":4520644,"shareType":"SH","priorValue":209743219,"priorShares":4520328},{"issuer":"ACCENTURE PLC","titleOfClass":"COM","cusip":"G1151C101","value":122888607,"shares":987533,"shareType":"SH","priorValue":264252160,"priorShares":1332655},{"issuer":"TRACTOR SUPPLY CO COM","titleOfClass":"COM","cusip":"892356106","value":75131849,"shares":2376838,"shareType":"SH","priorValue":106774456,"priorShares":2357052},{"issuer":"APPLE COMPUTER INC","titleOfClass":"COM","cusip":"037833100","value":8666621,"shares":29951,"shareType":"SH","priorValue":7601264,"priorShares":29951},{"issuer":"BERKSHIRE HATHAWAY INC CL B NE","titleOfClass":"COM","cusip":"084670702","value":3028861,"shares":6053,"shareType":"SH","priorValue":2900598,"priorShares":6053},{"issuer":"MICROSOFT CORP COM","titleOfClass":"COM","cusip":"594918104","value":2264977,"shares":6072,"shareType":"SH","priorValue":3358182,"priorShares":9072},{"issuer":"MASTERCARD INC CL A","titleOfClass":"COM","cusip":"57636Q104","value":1222368,"shares":2380,"shareType":"SH","priorValue":1189191,"priorShares":2380},{"issuer":"THERMO FISHER SCIENTIFIC INC","titleOfClass":"COM","cusip":"883556102","value":506374,"shares":1010,"shareType":"SH","priorValue":496445,"priorShares":1010},{"issuer":"PROCTER & GAMBLE CO","titleOfClass":"COM","cusip":"742718109","value":410592,"shares":2800,"shareType":"SH","priorValue":404432,"priorShares":2800},{"issuer":"AMAZON COM INC COM","titleOfClass":"COM","cusip":"023135106","value":385634,"shares":1618,"shareType":"SH","priorValue":336981,"priorShares":1618},{"issuer":"INTEL CORP COM","titleOfClass":"COM","cusip":"458140100","value":372533,"shares":2668,"shareType":"SH"},{"issuer":"NVIDIA CORP COM","titleOfClass":"COM","cusip":"67066G104","value":211695,"shares":1058,"shareType":"SH"}]},"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."}