Provision Wealth Management

Yes. The firm is registered with the SEC as an investment advisor and operates as a fee-only fiduciary. That means compensation comes from client-paid advisory fees — not from commissions, revenue-sharing agreements, or proprietary product sales. This structure requires the firm to act in the best interest of its clients under the Investment Advisers Act of 1940.

Provision Wealth Management serves individual investors, families, and small institutions. The majority of clients are high-net-worth individuals and families seeking integrated financial planning and discretionary portfolio management. The firm also advises on employer-sponsored retirement plans, trusts, and estates.

Portfolios start with a financial plan. The firm sets an asset allocation based on each client's goals, time horizon, and risk tolerance, then implements using a mix of low-cost index ETFs, active mutual funds where manager skill is expected to persist, and direct indexing strategies for tax-sensitive accounts. It avoids single-stock concentration and uses rebalancing to maintain target allocations.

The firm uses exchange-traded funds, open-end mutual funds, and separately managed accounts. It does not operate proprietary funds or private-label limited partnerships. Client assets are custodied at third-party institutions, typically large national custodians, with the firm retaining full discretionary authority to trade on client accounts.

Tax planning is integrated into portfolio management. For taxable accounts, the firm uses direct indexing — owning individual securities instead of an ETF to enable tax-loss harvesting at the individual lot level. Asset location across taxable, tax-deferred, and Roth accounts is managed to reduce the overall tax drag.