PROVIDENT INVESTMENT MANAGEMENT, INC.
Adviser information for PROVIDENT INVESTMENT MANAGEMENT, INC. last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Michigan, United States |
Employees
| Total Number of Employees | 9 |
|---|---|
| Investment Advisory/Research | 6 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 1 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 356 | $937.5M |
| Non-Discretionary | 3 | $150.4M |
| Total | 359 | $1.1B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 102 | $68.8M |
| HNW Individuals | 248 | $985.9M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 12 | $25.4M |
| Charitable organizations | <5 | $6.0M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | <5 | $1.7M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 1 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUM |
Principal Office
39555 ORCHARD HILL PLACESTE 139
NOVI
MI
United States
Monday - Friday, 8:00-5:00
Tel: 248-380-1700, Fax: 248-380-1701
Chief Compliance Officer
HORSBURGH, SCOTT
PRESIDENT
39555 ORCHARD HILL PLACE
STE 139
NOVI
MI
United States
Tel:
248-380-1700
Fax:
248-380-1701
S*****@******************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| HORSBURGH, SCOTT, DAVIN | Individual | – | PRESIDENT, CHIEF COMPLIANCE OFFICER | 10/2004 | 50-75% |
| BOYLE, DANIEL, J | Individual | – | SENIOR VICE PRESIDENT | 12/2023 | 25-50% |
| PUTNAM, MILES, GRAHAM | Individual | – | VICE PRESIDENT | 12/2023 | 10-25% |
| SKUBIK, JAMES, MATTHEW | Individual | – | SENIOR PORTFOLIO MANAGER | 12/2023 | 5-10% |