Clearwater, FL Druid Rd Office

ProVise Management Group serves individuals (including high‑net‑worth clients), retirement plans, trusts, estates and charitable organizations, offering discretionary and non‑discretionary portfolio management, financial planning, retirement plan consulting and comprehensive reporting services. Like many team firms, it generally charges percentage‑of‑AUM advisory fees and provides ongoing supervision plus the option of standalone planning or consulting engagements.

The firm constructs portfolios using mutual funds, ETFs, individual equities and fixed income, and can allocate to unaffiliated independent managers; it may also use interval funds, options and margin strategies and will only implement cryptocurrency exposure with client authorization. ProVise uses custodial platforms such as Charles Schwab and National Advisors Trust Company, employs pre‑approved AI tools with human review, and maintains policies addressing cash sweep placement, liquidity limits and cybersecurity risk.

What distinguishes ProVise from many peers are its corporate affiliations and related referral practices: it is owned by Kestra Financial (an indirect subsidiary of Kingfisher) and is affiliated with a broker‑dealer (Kestra IS), a trust company (National Advisors Trust Company) and other product providers, and certain representatives may implement recommendations on a commission basis or provide insurance and accounting services in their separate capacities. The firm has also disclosed a prior SEC enforcement matter (March 11, 2019) relating to mutual fund share‑class selection that resulted in censure and approximately $297,423.78 in disgorgement and prejudgment interest, and it engages external promoters/referral arrangements that can create additional conflicts of interest.