{
  "crd_number": 168964,
  "slug": "provider-financial-inc-indianapolis-in-168964",
  "primary_business_name": "PROVIDER FINANCIAL, INC.",
  "legal_name": "PROVIDER FINANCIAL, INC.",
  "dbas": [],
  "city": "Indianapolis",
  "state": "IN",
  "country": "United States",
  "cbsa_code": "26900",
  "metro": {
    "cbsa_code": "26900",
    "common_name": "Indianapolis",
    "msa_name": "Indianapolis-Carmel-Greenwood, IN",
    "path": "/advisors/in/indianapolis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-05-31",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-02-07",
  "carried_forward": false,
  "raum_total": 303974168.0,
  "raum_discretionary": 303974168.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 84291914.0,
      "count": 295
    },
    "high_net_worth_individuals": {
      "raum": 219682254.0,
      "count": 210
    }
  },
  "compensation_types": [
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "IL",
    "IN",
    "OH",
    "TX"
  ],
  "websites": [
    "https://provider-financial.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/168964",
  "city_as_filed": "INDIANAPOLIS",
  "url": "https://advisorcensus.com/firm/provider-financial-inc-indianapolis-in-168964",
  "display_name": "Provider Financial, Inc.",
  "summary": "Provider Financial, Inc. is an SEC-registered investment advisory firm in Indianapolis, IN, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 7, 2026.",
  "citation": "AdvisorCensus. Provider Financial, Inc. (CRD 168964): 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"
  ],
  "quick_answers": [
    {
      "q": "How is Provider Financial, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Provider Financial, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges."
    },
    {
      "q": "Where is Provider Financial, Inc. located?",
      "a": "Provider Financial, Inc.'s principal office is in Indianapolis, IN, according to its Form ADV."
    },
    {
      "q": "Is Provider Financial, Inc. registered with the SEC or a state?",
      "a": "Provider Financial, Inc. is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 168964."
    },
    {
      "q": "How much does Provider Financial, Inc. manage?",
      "a": "Provider Financial, Inc. reports $303,974,168 in regulatory assets under management in its Form ADV filing dated February 7, 2026 (100% discretionary)."
    },
    {
      "q": "How have Provider Financial, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Provider Financial, Inc.: Regulatory assets under management: $203,115,485 in the October 2021 data and $303,974,168 in the October 2026 data, up 50%. Total employees: 1 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Provider Financial, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (295); high net worth individuals (210)."
    },
    {
      "q": "Which custodians does Provider Financial, Inc. use?",
      "a": "Provider Financial, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Provider Financial, Inc. 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/168964"
    },
    {
      "q": "Does Provider Financial, Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 7, 2026 says: \"Our services are offered to individuals and high net worth individuals. We do not require a minimum account size prior to becoming a client.\""
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 203115485.0,
      "total_employees": 1,
      "filing_date": "2021-09-28"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 235000000.0,
      "total_employees": 3,
      "filing_date": "2022-02-09"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 211000000.0,
      "total_employees": 2,
      "filing_date": "2023-03-18"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 240000000.0,
      "total_employees": 2,
      "filing_date": "2024-03-02"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 281000000.0,
      "total_employees": 3,
      "filing_date": "2025-07-08"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 303974168.0,
      "total_employees": 3,
      "filing_date": "2026-02-07"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 7, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Our services are offered to individuals and high net worth individuals. We do not require a minimum account size prior to becoming a client."
        ]
      }
    ],
    "quotes": [
      "Our services are offered to individuals and high net worth individuals. We do not require a minimum account size prior to becoming a client."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "LPL Financial LLC",
      "name_as_filed": "LPL FINANCIAL LLC",
      "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/provider-financial-inc-indianapolis-in-168964.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 295,
      "fewer_than_5": false,
      "raum": 84291914.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 210,
      "fewer_than_5": false,
      "raum": 219682254.0
    }
  ],
  "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/168964",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}