Provident Wealth Management provides portfolio management for individuals and small businesses, selecting other managers, estate planning, insurance, and tax planning.
Provident Wealth Management reports 328 clients. They include 175 high-net-worth individuals, 148 individual clients and 5 charitable organizations. Of its assets, 100.0% ($759M across 1,209 accounts) are managed with discretion. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 45% | 7% |
| High-net-worth individuals | 53% | 91% |
| Charitable organizations | 2% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 148 | $53.2M | 7.0% | $359K |
| High-net-worth individuals | 175 | $688M | 90.7% | $3.93M |
| Charitable organizations | 5 | $17.5M | 2.3% | $3.5M |
| Total | 328 | $759M | 100% | $2.31M |
- Clients
- 148
- Regulatory AUM
- $53.2M
- AUM share
- 7.0%
- Avg. per client
- $359K
- Clients
- 175
- Regulatory AUM
- $688M
- AUM share
- 90.7%
- Avg. per client
- $3.93M
- Clients
- 5
- Regulatory AUM
- $17.5M
- AUM share
- 2.3%
- Avg. per client
- $3.5M
Total
- Clients
- 328
- Regulatory AUM
- $759M
- AUM share
- 100%
- Avg. per client
- $2.31M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Provident Wealth Management charges 0.75%–1.25% for its Portfolio Management Services. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in arrears.
| Asset band | Rate (period not stated) |
|---|---|
| $0–$2M | 1.25% |
| $2M and above | 0.75% |
Fee details and sources
Andrew Knell owns 75% or more of Provident Wealth Management. The leadership team of Provident Wealth Management includes Chief Compliance Officer Keith McKissock. It has 9 employees, 6 of them in advisory roles.
Leadership
- Keith McKissockChief Compliance Officer
- Andrew KnellTrustee
- Keith KnellTrustee
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
- Laurence Gillston
- Paul Jacob Hayden
- Andrew David Knell
- Robert Charlton Lentz JR
- Keith Edward McKissock
Staff
- 9 employees
- 6 in advisory functions
- 6 state-registered reps
- 1 insurance agent
- Owns 75% or more of Provident Wealth Management, LLC
Andrew Knell
Control person · since May 2021
- Owns 75% or more of Provident Wealth Management, LLC
Keith Knell
Control person · since May 2021
- Owns 75% or more of Provident Wealth Management, LLC
Pwmadsr Trust
Control person · since May 2021
Provident Wealth Management’s regulatory assets grew 1.8× from $413M (June 2021) to $759M (March 2026); clients fell from 510 to 328 and employees rose from 6 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $759M | 328 | 9 | 1 |
| July 2025 | $697M | 327 | 9 | 1 |
| February 2024 | $589M | 324 | 9 | 1 |
| July 2023 | $506M | 325 | 9 | 1 |
| March 2022 | $535M | 534 | 7 | 1 |
| June 2021 | $413M | 510 | 6 | 1 |
Besides its headquarters, Provident Wealth Management has 0 offices, with 1 listed address in Tennessee.
Tennessee · 1 listed address
- 101 Winners Circle, Suite 101, BrentwoodHQ
Contact and registration details
- Legal name
- Provident Wealth Management, LLC
- Headquarters
- 101 Winners Circle, Suite 101, Brentwood, TN 37027-5038
- Website
- Not reported
- Phone
- 615-656-4050
- SEC file
- 801-62799
- Founded
- 2004
- Structure
- Tennessee LLC
- Fiscal year end
- December
Provident Wealth Management uses Charles Schwab ($729M) as custodian for its separately managed accounts. Provident Wealth Management has custody of $358M in client assets for 199 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $729M100%
At year end, Provident Wealth Management’s separately managed accounts were mostly in funds (90%). Its reported 13F holdings for the quarter ended 30 June 2026 total $388M across 161 positions; the largest are T Rowe Price Exchange-traded (16.5%), Pacer Fds TR (13.3%) and Schwab Strategic TR (11.1%).
What the accounts hold
- Stocks3%
- Funds90%
- Cash7%
Reported 13F holdings
- $388M
- Reported 13F value
- 161
- Positions
- 71.8%
- In the 10 largest
- +17.5%
- Value vs. prior quarter
- T Rowe Price Exchange-traded · US Equi Resh ETF16.5%
- Pacer Fds TR · US Cash Cows 10013.3%
- Schwab Strategic TR · US Lcap GR ETF11.1%
- iShares TR · Core Div Grwth8.2%
- Schwab Strategic TR · US Lrg Cap ETF8.1%
- Vanguard Index Fds · Mcap GR Idxvip4.3%
- Vanguard Index Fds · Mcap VL Idxvip3.3%
- Invesco Exchange Traded FD T · S&P Smlcp Moment2.4%
- iShares TR · Core S&P Scp ETF2.3%
- Fidelity Covington Trust · Sml Mid Mltfct2.2%
Together, the ten largest are 71.8% of reported value.
How many clients does Provident Wealth Management have?
Provident Wealth Management has 328 clients and manages $759 million for them, as of March 2026. They include 175 high-net-worth individuals, 148 individual clients and 5 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 18 March 2026
What services does Provident Wealth Management offer?
Provident Wealth Management provides portfolio management for individuals and small businesses, selecting other managers, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Provident Wealth Management charge?
Provident Wealth Management charges 0.75%–1.25% for its Portfolio Management Services. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in arrears.
Source: PROVIDENT WEALTH MANAGEMENT, LLC ADV PART 2A, filed 18 March 2026
Which custodians does Provident Wealth Management use?
Provident Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $729M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 March 2026
How many financial advisors does Provident Wealth Management have?
Provident Wealth Management has 6 investment adviser representatives registered with state securities authorities, out of 9 employees, and 6 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Provident Wealth Management invest in?
At the end of its last fiscal year, Provident Wealth Management’s separately managed accounts held 90% registered funds (mutual funds, ETFs, BDCs), 7% cash and equivalents and 3% exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Provident Wealth Management?
Provident Wealth Management’s direct owners are Andrew Knell (75% or more), Keith Knell (75% or more) and Pwmadsr Trust (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 18 March 2026
How does Provident Wealth Management get paid?
Provident Wealth Management 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
How do I contact Provident Wealth Management?
Provident Wealth Management’s main office is at 101 Winners Circle, Suite 101, Brentwood, TN 37027-5038. Its phone number is 615-656-4050.