Providence Financial Advisors

What Providence Financial Advisors does

Providence Financial Advisors, LLC is a fee-only, SEC-registered investment adviser headquartered in Overland Park, Kansas, providing Total Wealth Management, Investment Management, and Financial Planning services to individual investors, small business owners, and institutional clients (plan sponsors, fiduciaries, and trustees), primarily in the Kansas City region. The firm delivers portfolio construction grounded in Modern Portfolio Theory using no-load and institutional-class mutual funds, ETFs, and selectively individual securities, with each engagement supported by a personalized Investment Policy Statement. Service offerings are integrated across investment, retirement, estate, tax, and charitable planning, and the firm coordinates with clients' external attorneys, accountants, and insurance professionals to deliver a holistic advisory relationship. The team includes three CFA Charterholders and a J.D.-credentialed Managing Director, and the firm maintains custodial relationships with Schwab Alliance and Fidelity Investments for account custody and client portal access. Revenue is generated through recurring asset-based portfolio management fees, recurring or fixed non-management advisory fees, and fixed-fee financial planning engagements, with no commission-based or proprietary product revenue. The firm operates without institutional investors, parent company ownership, or known subsidiaries, and is founder-controlled under an LLC structure.

Name

Providence Financial Advisors

Legal name

Providence Financial Advisors, LLC

Website

https://pfa-llc.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1–10 employees

Short description

Providence Financial Advisors is a fee-only, SEC-registered investment adviser in Overland Park, Kansas, providing Total Wealth Management, Investment Management, and Financial Planning to individual investors, small business owners, and institutional plan sponsors, primarily in the Kansas City region.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industries

Financial Planning–Led RIAs (FSAAACAB), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)

Keywords

• Wealth management services
• Investment advisory
• Financial planning
• Retirement planning
• Portfolio management

Headquarters

HQ city

Overland Park

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Portfolio Management Fees: Ongoing asset-based fees charged for portfolio management services. Fees are calculated and deducted directly from client accounts monthly or quarterly, either in arrears or in advance. Separate from brokerage charges, custodial fees, mutual fund or ETF expenses, taxes, or other outside party fees.
2. Non-Management Advisory Fees: May charge either ongoing asset-based fees or fixed fees for non-management advisory services where the firm makes investment recommendations but the client is responsible for implementing decisions. Fees are charged quarterly and deducted from accounts where possible.
3. Financial Planning Fees: Fixed fee for financial planning services quoted in advance based on project complexity, with half due upon engagement. Engagements can be ongoing or project oriented and may include a written plan.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Providence Financial Advisors, LLC is a fee-only registered investment advisory firm that provides Total Wealth Management, Investment Management, and Financial Planning services to individual investors and small businesses, and dedicated institutional services to plan sponsors and trustees. The firm delivers ongoing portfolio management using Modern Portfolio Theory with mutual funds, ETFs, and select individual securities aligned to personalized Investment Policy Statements, integrated with retirement, estate, tax, and charitable planning coordinated alongside clients' attorneys, accountants, and insurance professionals.

Product overview

Providence Financial Advisors operates as a fee-only, independent registered investment advisor offering a unified suite of financial services centered around three core products: Providence Total Wealth Management (the comprehensive umbrella service), Providence Investment Management (strategic portfolio management), and Providence Financial Planning (goal-focused planning). These offerings are designed for individual investors and small businesses, providing institutional-quality investment management and financial planning typically reserved for larger investors. The firm also serves institutional investors including plan sponsors and trustees through dedicated Investment Policy Statement and portfolio management services.

Differentiator

Problem solved

Functional benefit

Products and services

• Providence Total Wealth Management A comprehensive financial service that integrates all aspects of a client's financial life including investment portfolio management, retirement planning, estate planning, tax planning, and charitable giving coordination. It positions the firm as a holistic financial partner collaborating with the client's attorney, accountant, and insurance provider, targeted at individual investors and small businesses seeking coordinated wealth management.
• Providence Investment Management Strategic portfolio management tailored to individual client needs, implementing personalized Investment Policy Statements using Modern Portfolio Theory. Services include risk profile assessment, asset allocation strategy, and ongoing portfolio monitoring using mutual funds, ETFs, and separate account portfolios, targeted at individuals, small business owners, and institutional clients.
• Providence Financial Planning Comprehensive financial planning services addressing retirement goals, education funding, wealth transfer, and charitable giving. Plans are developed as collaborative documents and periodically reviewed and updated as client circumstances change, targeted at individuals and small business owners seeking goal-based planning guidance.
• Institutional Investor Services Services designed for plan sponsors, fiduciaries, and trustees including Investment Policy Statement development, asset allocation policy guidance, and investment manager selection and monitoring for institutional clients overseeing investment programs.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Three partnerships are on record, tiered core and supporting.

• Schwab AlliancecoreOthersThird-party custodian providing account custody and client portal access for brokerage and advisory accounts.
• Fidelity InvestmentscoreOthersThird-party custodian providing account custody and digital platform access for client accounts.
• Tax, Legal, and Insurance ProfessionalssupportingImplementation/ SI/ Consulting PartnerStrategic alliances with professional service providers including attorneys, accountants, and insurance specialists. The firm coordinates with clients' existing advisors and can refer clients to these specialists when needed.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Creative Planning: Fee-only registered investment advisor headquartered in Overland Park, KS — same city and virtually identical service mix (Total Wealth Management, investment management, financial planning for individuals and institutions), making it the most directly comparable peer to Providence Financial Advisors.
• Mariner Wealth Advisors: RIA consolidator headquartered in the Kansas City metro (Overland Park area) offering fee-only wealth management, financial planning, retirement, and estate planning to HNW individuals and institutions — overlapping service model and target market.
• Buckingham Strategic Wealth: Fee-only fiduciary RIA serving HNW individuals with integrated financial planning, investment management, and tax/estate planning — mirrors Providence's planning-led, fiduciary, no-commission positioning.
• Carson Group (Carson Wealth): Fast-growing RIA platform serving HNW individuals and small-business retirement plans with comprehensive financial planning, investment management, and coaching — same fee-only, planning-led orientation and HNW target as Providence.

Broad incumbents

• Mercer Advisors: Large national RIA offering wealth management and institutional advisory via acquisitions; overlaps with Providence's institutional and HNW segments but operates at far greater scale across 40+ U.S. states.
• Schwab Wealth Advisory: Custodian-affiliated RIA offering portfolio management and financial planning through advisors, and even shares a custodian with Providence (Schwab) — a structural alternative clients may compare it against.
• Fisher Investments: Large institutional and high-net-worth asset manager serving individual investors via portfolio management services — overlaps in core investment management targeting, though notably takes a non-fiduciary-adviser model and is far larger.

Emerging players

• Facet Wealth: Digital-first, fee-only RIA offering flat-fee financial planning and investment management to HNW clients via a remote model — competes for the same planning-led, fee-only segment but with a technology-enabled delivery.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Providence Financial Advisors