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Providence Wealth Advisory, LLC (Baltimore)


Providence Wealth Advisory, LLC is a large advisory firm based in Baltimore. It manages $29.27 million of regulatory assets for 90 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Illinois, Maryland, New York, and Texas.

Providence Wealth Advisory provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Providence Wealth Advisory: assets under management

The assets under management (AUM) of Providence Wealth Advisory, LLC is $29.27 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 12% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $29.27 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $325.23 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Providence Wealth Advisory, LLC for their services and products based on a percentage of assets under management, hourly charges, 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.

Based in Baltimore

The principal office where Providence Wealth Advisory, LLC performs its advisory services is located at 1340 Smith Avenue, Baltimore, MD 21209, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 646-924-1900 or by fax 866-526-4871. The normal business hours are by appointment only on Monday - Friday.


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