Providence Wealth Management LLC logo

Providence Wealth Management LLC

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Client assets under management

$151,530,798

Clients

205

23% high-net-worth

Advisors

3

of 8 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

68

High

Average account size

$739,175

About

Providence Wealth Management LLC advises individuals (including high‑net‑worth and non‑HNW clients) and business entities, managing about $151.8 million for roughly 205 clients with a three‑advisor team. Its services include discretionary portfolio management delivered through model strategies and third‑party managers, co‑advisor relationships, and both one‑time and ongoing financial planning and consulting.

The firm typically implements investment models provided by a third‑party portfolio manager (Gradient Investments LLC) while retaining discretion to select and maintain models consistent with client risk tolerances; co‑advisor fee arrangements and an incentive program with the third‑party manager are disclosed in the firm brochure. Financial planning work emphasizes tax‑return review, insurance policy review, cash‑flow and retirement planning, and ongoing “assets under advisement” monitoring that supplements custodial accounts.

Noteworthy for a firm of this size, the advisory business operates affiliated tax and insurance practices that provide tax and insurance advice and products alongside investment services; the brochure discloses these relationships and the potential conflicts, and describes disclosure- and fiduciary‑based mitigations. The firm also does not participate in wrap fee programs and generally leaves proxy voting to clients, reflecting its reliance on custodial and third‑party reporting and execution.

Client services

Financial planning Portfolio management Selection of other advisers

Expertise

General retirement planning Cash flow / budgeting

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Fee options

Percentage

Under $250,000 - $250,000: 1.67% $250,000 - $500,000: 1.42% $500,001 - $2,000,000: 1.17% $2,000,001 - $3,000,000: 1.07% Over $3,000,000+: 0.95%

Project-based

Hourly fee of $350 for financial planning based on complexity and client needs.

Subscriptions

Ongoing financial planning services billed quarterly in arrears with annual fees ranging from $1,000 to $30,000.

Other

Fee-only: Hourly fees for financial planning at $350 per hour; ongoing financial planning fees range from $1,000 to $30,000 annually.

Main office location

Providence Wealth Management LLC

2030 Falling Waters Road, Suite 175

Knoxville TN 37922, United States

Number of offices

1

Most active in

Florida · Georgia · Louisiana · Tennessee · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Adam R

Series 63, Series 65

Knoxville, TN

Providence Wealth Management LLC

Adam Reed is a financial advisor with Providence Wealth Management LLC in Knoxville, TN. He holds Series 63 and Series 65 licenses and has one year of industry experience. Prior to joining Providence Wealth Management, he worked at Northwestern Mutual Investment Services LLC and Axiom Wealth Management. Outside of his advisory role, he assists with marketing and website updates for Mitch Reed and Associates PLLC, a family business. Providence Wealth Management provides discretionary portfolio management and financial planning services to individual and high-net-worth clients, often acting as a co-advisor to third-party money managers. The firm employs model-based investment strategies combined with fundamental, technical, and cyclical analysis, and operates affiliated tax and insurance businesses that support its advisory services.

General retirement planning Cash flow / budgeting
user avatar

Garrett C

CFP®, Series 65

Knoxville, TN

Providence Wealth Management LLC

Garrett Crawford is a financial advisor with Providence Wealth Management LLC in Knoxville, TN, holding the CFP® designation and Series 65 license. He has 12 years of industry experience and has been associated with Providence LTC Advisors, Inc. since 2014. His professional activities include insurance sales through Providence LTC Advisors. Providence Wealth Management provides discretionary portfolio management and financial planning services to individual and high-net-worth clients, often acting as a co-advisor to third-party money managers. The firm uses model-based investment strategies combined with fundamental, technical, and cyclical analysis, and coordinates portfolio administration and reporting alongside its third-party managers and custodians.

General retirement planning Cash flow / budgeting
user avatar

Paul C

Series 65

Knoxville, TN

Providence Wealth Management LLC

Paul Cochran is a financial advisor with Providence Wealth Management LLC in Knoxville, TN, holding a Series 65 designation and 15 years of industry experience. He has been with Providence Wealth Management since 2007 and also serves as president of Providence LTC Advisors, Inc., an insurance services business. Providence Wealth Management provides discretionary portfolio management and financial planning services to individual and high-net-worth clients, employing model-based strategies in collaboration with third-party money managers. The firm integrates affiliated tax and insurance services, including long-term care advisory, within its business structure.

General retirement planning Cash flow / budgeting
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