Breadcrumbs

CARMEL, Ind. (March 15, 2013)—Provident Capital Management Inc. (PCM) is now listed in “iShares Connect: The Guide to ETF Investment Strategists” and trades several iShares exchange-traded funds as part of its absolute-return ETF strategies. iShares is the largest and one of the fastest-growing fund families in the U.S. with over 440 funds and more than $480 billion of assets under management.

“We fill a niche that not a lot of other financial advisors address with our absolute-return investment strategy, and this new partnership with iShares is helping us educate and expose our investment strategy to more advisors around the country—we look at it as providing Wall Street hedge funds for Main Street America,” said Todd Wood, CFO of PCM. “As an established registered investment advisor, this is also allowing us to expand more into the institutional space as well.”

According to iShares, “The ‘iShares Connect: The Guide to ETF Investment Strategists’ guide offers a robust list of portfolios from independent ETF investment strategists and is updated quarterly. The iShares Connect program serves as a resource for financial advisors to identify third-party managers offering model ETF portfolios.” iShares reviewed the business in an extensive vetting process and approved PCM as a partner in September of 2012.

According to iShares, “The ‘iShares Connect: The Guide to ETF Investment Strategists’ guide offers a robust list of portfolios from independent ETF investment strategists and is updated quarterly. The iShares Connect program serves as a resource for financial advisors to identify third-party managers offering model ETF portfolios.” iShares reviewed the business in an extensive vetting process and approved PCM as a partner in September of 2012.

FOR IMMEDIATE RELEASE
Contact:
Melissa Wieder
317.705.1999
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About Provident Capital Management, Inc.
stablished in 2000, Provident Capital Management (PCM) is a fee-only registered investment advisor (RIA) based in Carmel, Indiana, managing over $125 million annually. PCM’s multidirectional, actively risk-managed money strategies focus on an absolute return of investment with a goal of positive returns regardless of market direction. Provident’s absolute return strategy is one of the longest-running long/short strategies available to the public. The firm owns 18 total return indexes and four hedge fund indexes which are reported to Morningstar® daily. Clients include individuals, families and institutions throughout the United States. For more information, go to www.pcminvestment.com or call 317.705.1999.

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