Provenance Assets Management, Inc. (Miami)

Name: Provenance Assets Management, Inc.
Address: 1000 Brickell Avenue, Miami, FL, 33131
Telephone: 800-327-6190

Provenance Assets Management, Inc. is a large advisory firm based in Miami. It manages $352.27 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Florida, New Jersey, and Utah.

Provenance Assets Management provides portfolio management for investment companies, portfolio management for businesses and institutional clients, security ratings or pricing services, and provenance provides consulting and administrative services which may include credit analysis.. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as securities and loan financing advisory/consulting.

Provenance Assets Management: assets under management

The assets under management (AUM) of Provenance Assets Management, Inc. is $352.27 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $202.27 million in discretionary accounts and $150 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $67.42 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $16.67 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Provenance Assets Management, Inc. for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Provenance Assets Management, Inc.

Rodger David Shay Jr has been acting as President since 1 Nov 2014. Kevin Anthony Rowe joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Provenance Financial Group	Shareholder	1 Aug 1990	75% - 100%	59-3026727
Stephen Sean Kelleher	President	1 Mar 2012	Other	1230428
Aaron Netzahualcoyotl Rodriguez	Chief financial officer	1 Oct 2012	Other	5421965
Rodger David Shay Jr	Chairman	1 Nov 2014	Other	1008086
Kevin Anthony Rowe	Chief compliance officer	1 Nov 2014	Other	4641264

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Rodger David Shay	Shareholder	1 Sep 1990	25% - 50%	420704
Rodger David Shay Jr	Shareholder	1 Sep 1990	25% - 50%	1008086

Based in Miami

The principal office where Provenance Assets Management, Inc. performs its advisory services is located at 1000 Brickell Avenue, Miami, FL 33131, which is also the mailing address of the firm. An additional office of the firm is in Summit, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-327-6190 or by fax 305-507-1537. The normal business hours are 9:00a.m. to 5:00p.m. on Monday - Friday. You can find more information about the New York firm at amffunds.com.