{ "crd_number": 174631, "slug": "providence-capital-advisors-llc-charlotte-nc-174631", "primary_business_name": "PROVIDENCE CAPITAL ADVISORS, LLC", "legal_name": "PROVIDENCE CAPITAL ADVISORS, LLC", "dbas": [], "city": "Charlotte", "state": "NC", "country": "United States", "cbsa_code": "16740", "metro": { "cbsa_code": "16740", "common_name": "Charlotte", "msa_name": "Charlotte-Concord-Gastonia, NC-SC", "path": "/advisors/nc/charlotte" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2016-04-19", "years_registered": 10, "period": "2026-10-01", "filing_date": "2026-03-10", "carried_forward": false, "raum_total": 1072053984.0, "raum_discretionary": 1058311466.0, "raum_non_discretionary": 13742518.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 14, "advisory_employees": 7, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": 8209949.0, "count": 5 }, "individuals": { "raum": 58536987.0, "count": 170 }, "pension_profit_sharing": { "raum": 6767004.0, "count": null, "fewer_than_5": true }, "high_net_worth_individuals": { "raum": 998540044.0, "count": 254 } }, "compensation_types": [ "hourly", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "pension_consulting", "portfolio_management_individuals" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA", "FL", "GA", "LA", "MD", "NC", "NH", "NY", "SC", "TX", "VA" ], "websites": [ "https://linkedin.com/company/providence-capital-advisors", "https://providencecapitaladvisors.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/174631", "city_as_filed": "CHARLOTTE", "url": "https://advisorcensus.com/firm/providence-capital-advisors-llc-charlotte-nc-174631", "display_name": "Providence Capital Advisors, LLC", "summary": "Providence Capital Advisors, LLC is an SEC-registered investment advisory firm in Charlotte, NC, registered since 2016, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 10, 2026.", "citation": "AdvisorCensus. Providence Capital Advisors, LLC (CRD 174631): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Hourly charges" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Pension consulting services" ], "quick_answers": [ { "q": "How is Providence Capital Advisors, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Providence Capital Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges." }, { "q": "Where is Providence Capital Advisors, LLC located?", "a": "Providence Capital Advisors, LLC's principal office is in Charlotte, NC, according to its Form ADV." }, { "q": "Is Providence Capital Advisors, LLC registered with the SEC or a state?", "a": "Providence Capital Advisors, LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 174631." }, { "q": "How much does Providence Capital Advisors, LLC manage?", "a": "Providence Capital Advisors, LLC reports $1,072,053,984 in regulatory assets under management in its Form ADV filing dated March 10, 2026 (99% discretionary)." }, { "q": "How have Providence Capital Advisors, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Providence Capital Advisors, LLC: Regulatory assets under management: $434,800,000 in the October 2021 data and $1,072,053,984 in the October 2026 data, up 147%. Total employees: 10 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Providence Capital Advisors, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (254); individuals (other than high net worth individuals) (170); charitable organizations (5)." }, { "q": "Which custodians does Providence Capital Advisors, LLC use?", "a": "Providence Capital Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Providence Capital Advisors, LLC report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/174631" }, { "q": "What changed in Providence Capital Advisors, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 8 to 7. Regulatory assets under management went from $916,266,963 to $1,072,053,984 (+17%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 434800000.0, "total_employees": 10, "filing_date": "2021-03-11" }, { "period": "2022-10-01", "regulatory_assets_under_management": 681032169.0, "total_employees": 11, "filing_date": "2022-03-14" }, { "period": "2023-10-01", "regulatory_assets_under_management": 623366617.0, "total_employees": 14, "filing_date": "2023-03-07" }, { "period": "2024-10-01", "regulatory_assets_under_management": 770028791.0, "total_employees": 13, "filing_date": "2024-03-08" }, { "period": "2025-10-01", "regulatory_assets_under_management": 916266963.0, "total_employees": 13, "filing_date": "2025-05-14" }, { "period": "2026-10-01", "regulatory_assets_under_management": 1072053984.0, "total_employees": 14, "filing_date": "2026-03-10" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 8 to 7.", "Regulatory assets under management went from $916,266,963 to $1,072,053,984 (+17%)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Fidelity", "name_as_filed": "FIDELITY", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/providence-capital-advisors-llc-charlotte-nc-174631.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 170, "fewer_than_5": false, "raum": 58536987.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 254, "fewer_than_5": false, "raum": 998540044.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": null, "fewer_than_5": true, "raum": 6767004.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 5, "fewer_than_5": false, "raum": 8209949.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/174631", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }