Providence Wealth Advisors, LLC
Providence Wealth Advisors, LLC is a registered investment adviser headquartered in Frankfort, Illinois. The firm serves clients primarily in the southeastern United States, offering financial planning, investment management, and advisory services. Founded in 2018, Providence Wealth Advisors supports individual investors, charitable organizations, and businesses through a team of experienced investment professionals and trust officers, utilizing the resources of its parent company, Providence Bank & Trust. The firm employs approximately 11 professionals and emphasizes building trusted, long-term client relationships.
Investment Strategy
Providence Wealth Advisors focuses on comprehensive financial planning and disciplined investment management. Their approach leverages experienced professionals to select money managers and implement a diversified portfolio across multiple asset classes and investment vehicles. The firm emphasizes personalized service, regularly reviewing client situations to offer timely recommendations and portfolio adjustments. Through the resources of Providence Bank & Trust, they also provide trust services, aiming to achieve clients’ goals while maintaining a conscientious and respectful partnership.
Top Holdings
Equity Positions (84)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | MICROSOFT CORP | 7.76% | $11.3M | 21,640 | $122.67 | $497.41 | +$3.4M |
A AAPL | APPLE INC | 7.12% | $10.4M | 47,160 | $168.60 | $205.17 | +$695.2K |
L LLY | ELI LILLY AND CO | 5.55% | $8.1M | 12,661 | $639.25 | $779.53 | -$2.1M |
A AVGO | BROADCOM INC | 4.65% | $6.8M | 22,202 | $101.69 | $275.65 | +$3.1M |
J JPM | JPMORGAN CHASE & CO | 4.14% | $6.0M | 20,900 | $174.06 | $289.91 | +$989.7K |