Breadcrumbs

    • The Provident Capital Management (PCM) Advantage

 

  • Why PCM:

    For advisors seeking to offer their clients an "Investments for Peace of Mind" approach, the firm offers a suite of GIPs compliant strategies that are model driven, quantitative and multi-directional.

     

  • Approach:

  • PCM believes that superior full-market cycle returns are directly correlated to a reduction or elimination of large drawdowns in any given portfolio or investment strategy. To accomplish this, an investment strategy must employ some form of risk management and should have the ability to capture positive returns in both rising and falling markets.

     

  • Perspective:

    The senior management team of PCM has almost 62 years of combined investment experience with a successful track record established during one of the most difficult periods in stock market history (2000-2010).

     

  • Discipline:

    Provident offers a solution to the dilemma of portfolio shocks and high volatility, large and prolonged draw-downs and cyclical low returns. PCM's strategies can be used in conjunction with traditional asset allocation approaches or used as a distinctive investment methodology. Through its multi-factor quantitative approach, PCM's strategies have been built for the present and for the future. Portfolios and strategies are designed to produce positive returns in up, down and sideways markets.

     

  • Partnership:

    PCM provides our partners with a state-of-the-art online platform. We work directly with our advisors and their firms by employing proactive relationship management, communication and transparency in addition to providing access to key decision makers.

     

  • Staying current with PCM:

    One of the easiest and best ways to stay current with PCM is to subscribe to our PCM Quant Coalescence Newsletter. It comes out quaterly and will give you an idea of what our indexes are doing, how we see the markets and some actionable ideas. We don't want to flood your inbox, just provide timely information. In addition we update our performance and statistics for all of our multi-directional strategies on our site every month. In addition we update our performance and statistics for all of our multi-directional strategies on our site every month. Please sign-up on our Home page.

     

  • Firm Overview

  • When was your firm founded?

    Provident Capital Management, Inc. is an Indiana based Corporation formed in January 2000. The firm is a Registered Investment Advisor (RIA) with the State of Indiana, Securities Division.

     

  • Where is your firm located?

    Our headquarters are located in Carmel, Indiana.

     

  • How many individuals do you employ?

    We currently employ 2 people.

     

  • What types of clients do you work with?

    We work with family offices, high net worth individuals, financial advisors, and company 401K plans.

     

  • Do you require a minimum account size or asset level to become a client?

    Yes. Please contact us for additional details.

     

  • Do you offer tax and estate planning or advice on insurance in addition to financial planning and portfolio management?

    No. PCM's senior team has a strong knowledge of these areas and maintains a tax awareness when managing the respective investment strategies. However, it is recommended that our clients use specialists in each area; estate planning with a Trust and Estates attorney, tax related matters with a C.P.A., and insurance with a qualified insurance agent. We can provide referrals where relevant.

     

  • What is your investment approach?

    PCM's belief is that superior full-market cycle returns are directly correlated to a reduction or elimination of large drawdowns in any given portfolio or investment strategy. To accomplish this, an investment strategy must employ some form of risk management and should have the ability to capture positive returns in both rising and falling markets. Furthermore, it is important to have the ability to participate in all asset classes, all asset sizes and all asset styles across all markets to insure diversification that is truly non-correlated.
    PCM is committed to providing the investment community with high-quality absolute return and tactical solutions that are liquid and transparent. We offer an attractive alternative to hedge funds, mutual funds and traditional buy and hold strategies.
    Through risk mitigation, without sacrificing upside capture, PCM's quantitative strategies reduce portfolio draw-down and enhance returns. We measure our success by how effective we are at producing positive returns with as little volatility as possible versus comparing our performance to an arbitrary index.

     

  • Where can I find PCM's strategies?

    Our services are delivered via liquid and transparent separate accounts available at major custodians: TD Ameritrade, Schwab, Folio Institutional, Mid Atlantic, Fusion & Adhesion. Please contact us if you would like to add us to your current custodial platform.

     

  • Does your firm pick stocks and bonds?

    The majority of our strategies utilize Exchange Traded Funds (ETF's). When it comes to the implementation of our well-diversified portfolios, we believe that ETF's offer tremendous advantages over stock picking approaches in the areas of cost and tax efficiency, transparency, and trading flexibility.
    Client Experience

     

  • Is there a lockup period for the funds that are invested with PCM?

    No, there is no lockup period. Funds can be made available with three days' notice. However, due to our tactical trading methodology, we recommend that client liquidation requests do not interfere with our monthly and semi-monthly rebalancing schedule.

     

  • How often will I receive reports from PCM?

    PCM can furnish an electronic Quarterly Performance Report, which includes a detailed analysis of account performance, asset allocation, and positions. In addition, clients receive Monthly Account statements from the Custodian (a brokerage account statement from the likes of TD Ameritrade or Charles Schwab) which includes trade information, cost basis and other details.

     

  • How is PCM compensated?

    Our fees are based on assets under management.

     

  • What are your fees?

    Management fees may vary depending on the strategy and are generally collected quarterly in advance. Considerations may be given based on the size of your practice and client accounts.

     

  • How does my firm become a client of PCM?

    We can begin our relationship on the telephone, webinar or with a face-to-face meeting. This initial contact allows us all to begin to understand your practice and how our unique approach can benefit your clients. If a mutual decision is made to move forward, we will e-mail or mail you our ADV 2A and agreements for establishing a business relationship, as well as documents for setting up and transferring brokerage accounts where relevant. We can help to coordinate the account opening and transfer process, develop a plan that meets your needs and implement. We are also available for answering investment related questions, handling changes in accounts, and other investment matters on an ongoing basis.

     

  • An investment advisor disclosure document (ADV-2B Brochure) is available upon request.
  • Our contact information is as follows:
    Michael Chapman or Drew Wieder
    Direct: (317) 705-1999
Joomla SEF URLs by Artio