# Providence Financial and Insurances

Providence Financial and Insurances is a Bank / Wealth / Trust based in Woodland Hills, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Woodland Hills, United States
- **Region:** North America
- **Address:** Woodland Hills, CA 91367, United States
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** providencefinancialinc.com
- **LinkedIn:** https://www.linkedin.com/company/providence-financial-&-insurance-services-inc-

## Regulatory record

- **CRD number:** 141988
- **SEC file number:** 801-121770
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-05-04T05:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/141988

## About

Providence Financial and Insurances is an SEC-registered investment adviser in WOODLAND HILLS, CA, registered since 2021. The firm manages approximately $215 million in regulatory assets. It has 16 employees and 6 investment advisers.

## Sectors

- Wealth Management
- Estate Planning

## Offices

- South Bay Branch, CA

## People

- Anthony A. Saccaro — President/CEO

## Questions

### Who runs investment decisions at Providence Financial?

Anthony A. Saccaro serves as President and CEO and leads the firm’s investment approach. He holds the Chartered Financial Consultant designation and a J.D., and the firm lists two fiduciary investment advisors — Lorraine Grossman and Zachary Gunderson — on its 17-person team. Saccaro’s commentary and media appearances (per the firm’s website, he has appeared on Cheddar TV, CNBC, and Yahoo Finance) indicate he remains the principal voice on portfolio strategy.

### Is Providence Financial a fiduciary, and what does that mean for client accounts?

The firm explicitly identifies itself as a fiduciary firm both on its website and in its marketing materials, meaning it is legally obligated to act in clients’ best interests when making investment recommendations. Unlike a broker-dealer model subject only to suitability standards, Providence Financial commits to a fiduciary standard, and the firm’s California Department of Corporations CRD and insurance licenses are on public display on its site.

### How does the firm source potential investments or products for clients?

Providence Financial does not publicly disclose a proprietary deal-sourcing pipeline or a menu of alternative investment access. Its written materials emphasize free-market theory, conservative strategies, and insurance-integrated products aimed at retirement income. The firm’s retirement readiness assessment and free consultations suggest it builds portfolios from publicly available securities and insurance contracts, not private-market deal flow.

## Related profiles

- [Providence Equity Partners](https://altss.com/profile/providence-equity-partners)
- [Providence St. Joseph Health](https://altss.com/profile/providence-st-joseph-health)

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Last updated: 2026-06-03T20:00:00.000Z

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