Provision Asset provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 251–500 clients last fiscal year.
Provision Asset reports 463 clients. They include 417 individual clients, 42 high-net-worth individuals and 2 charitable organizations. Of its assets, 100.0% ($151M across 1,013 accounts) are managed with discretion. It advised 454 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 90% | 63% |
| High-net-worth individuals | 9% | 36% |
| Charitable organizations | <1% | <1% |
| Other investment advisers | <1% | <1% |
| 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) | 417 | $95.5M | 63.4% | $229K |
| High-net-worth individuals | 42 | $54M | 35.8% | $1.29M |
| Charitable organizations | Fewer than 5 | $701K | 0.5% | $351K |
| Other investment advisers | Fewer than 5 | $162K | 0.1% | $162K |
| Corporations and other businesses | Fewer than 5 | $360K | 0.2% | $360K |
| Total | 463 | $151M | 100% | — |
- Clients
- 417
- Regulatory AUM
- $95.5M
- AUM share
- 63.4%
- Avg. per client
- $229K
- Clients
- 42
- Regulatory AUM
- $54M
- AUM share
- 35.8%
- Avg. per client
- $1.29M
- Clients
- Fewer than 5
- Regulatory AUM
- $701K
- AUM share
- 0.5%
- Avg. per client
- $351K
- Clients
- Fewer than 5
- Regulatory AUM
- $162K
- AUM share
- 0.1%
- Avg. per client
- $162K
- Clients
- Fewer than 5
- Regulatory AUM
- $360K
- AUM share
- 0.2%
- Avg. per client
- $360K
Total
- Clients
- 463
- Regulatory AUM
- $151M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 454
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Provision Asset 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
- Financial Planning and Consulting
- Negotiable flat fee of $1,500 to $10,000, or an hourly rate of $225 per hour.
- Qualified Plan Consulting
- Hourly fee of $225 for qualified plan consulting.
Casey Short owns 75% or more of Provision Asset. The leadership team of Provision Asset includes President Jay Beerley and Chief Compliance Officer Casey Short. It has 6 employees.
Leadership
- Jay BeerleyInvestment Advisor Representative/ President
- Casey ShortChief Compliance Officer/ CFO/ Investment Advisor Representative
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
Staff
- 6 employees
- 6 in advisory functions
- 6 state-registered reps
- 6 insurance agents
- Owns 75% or more of Provision Asset, LLC
Casey Short
Control person · since November 2015
Provision Asset’s regulatory assets grew from $101M (March 2025) to $151M (May 2026); clients rose from 379 to 463 and employees were 6 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $151M | 463 | 6 | 7 |
| March 2025 | $101M | 379 | 6 | 7 |
Besides its headquarters, Provision Asset has 6 offices (1 private residence, listed without an address), with 6 listed addresses in Texas.
Texas · 5 listed addresses
- 6401 Eldorado Pkwy, McKinney
- 608 Hickory St., Denton
- 4500 Mercantile Plaza DR., Fort Worth
- 130 N Preston Road, Prosper
- 305 W. Woodard Street, Denison
Contact and registration details
- Legal name
- Provision Asset, LLC
- Headquarters
- Not reported
- Website
- provisionasset.com
- Phone
- 972-987-9651
- SEC file
- 801-132214
- Structure
- Texas LLC
- Fiscal year end
- December
Provision Asset uses Charles Schwab ($151M) as custodian for its separately managed accounts. Provision Asset does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $151M100%
At year end, Provision Asset’s separately managed accounts were mostly in stocks (53%) and funds (43%).
What the accounts hold
- Stocks53%
- Exchange-traded equities47%
- Non-exchange-traded equities6%
- Funds43%
- Cash4%
How many clients does Provision Asset have?
Provision Asset has 463 clients and manages $151 million for them, as of May 2026. They include 417 individual clients, 42 high-net-worth individuals and 2 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 7 May 2026
What services does Provision Asset offer?
Provision Asset provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Provision Asset use?
Provision Asset’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $151M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 7 May 2026
How many financial advisors does Provision Asset have?
Provision Asset has 6 investment adviser representatives registered with state securities authorities, out of 6 employees, and 6 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 6 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 Provision Asset invest in?
At the end of its last fiscal year, Provision Asset’s separately managed accounts held 47% exchange-traded equities, 43% registered funds (mutual funds, ETFs, BDCs), 6% non-exchange-traded equities and 4% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Provision Asset?
Provision Asset’s direct owner is Casey Short (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 7 May 2026
How does Provision Asset get paid?
Provision Asset 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 Provision Asset?
Its phone number is 972-987-9651. Its website is provisionasset.com.