DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Provident Advisors LLC

Former SEC-registered adviserPlymouth, MinnesotaCRD 137153SEC 801-72487IAPD
Latest filing Mar 30, 2018
First filing on the tape Mar 29, 2012 · 11 filings
RAUM
$235M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
6
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
$235M gross assets
History
11 filings and snapshots on the tape
RAUM$235M as of Mar 30, 2018
Mar 29, 2012$291M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2018
Mar 29, 20120 then
Employees (5.A)6 as of Mar 30, 2018
Mar 26, 20135 then
Private funds1 as of Mar 30, 2018
Mar 29, 20122 then
RAUM +20% over the last fiscal year-7.0% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 2018; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$235MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+20%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, selection of other advisers, otherreportedItem 5.G
Custody
$181M, 3 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$235M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$181M for 3 clientsreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Private funds
      2 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Pcm Provident Agency Master Fund LPHedge Fund$235M140Mar 29, 2012
      Pcm Provident Mbs Master Fund LPno longer reportedHedge Fund$47.3M158Mar 29, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • Adil Elamri · Chief Compliance Officercontrol
        since 02/2011 · owns less than 5%
      • Robert Irvin Kessler · Chief Investment Officercontrol
        since 02/2002 · owns less than 5%
      • Krusell James Moeller · Chief Administrative Officer And General Counselcontrol
        since 01/2015 · owns less than 5%
      • Patrick Schwinghammer · Chief Financial Officercontrol
        since 01/2005 · owns less than 5%
      • Robert Irvin Kessler · Ownercontrol
        since 01/2002 · owns 75% or more of Deephaven Inc.
      Entity owners
      • Deephaven Inc. · Managing Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • Deephaven, Inc.
        pooled vehicle sponsory
      • Provident Gp LLC
        pooled vehicle sponsory
      • Provident Real Estate Advisors LLC
        investment adviserpooled vehicle sponsorn
      • Provident Real Estate Ventures LLC
        investment advisern
      • Walleye Capital LLC
        investment adviserbankpooled vehicle sponsornRAUM $52B
      • Walleye Trading LLC
        broker-dealern
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Pooled vehicle clients · unset to 1.0
        Mar 30, 2017 to Mar 30, 2018
      • Assets in custody · $145M to $181M
        Mar 30, 2017 to Mar 30, 2018
      • Other offices · unset to 0.0
        Mar 30, 2017 to Mar 30, 2018
      • Discretionary RAUM · $195M to $235M
        Mar 30, 2017 to Mar 30, 2018
      • Pooled vehicle RAUM · unset to 234921300.0
        Mar 30, 2017 to Mar 30, 2018
      • RAUM · $195M to $235M
        Mar 30, 2017 to Mar 30, 2018
      • Advisory activities · 2 to 3
        Mar 30, 2016 to Mar 30, 2017
      • Assets in custody · $192M to $145M
        Mar 30, 2016 to Mar 30, 2017
      • Discretionary RAUM · $192M to $195M
        Mar 30, 2016 to Mar 30, 2017
      • RAUM · $192M to $195M
        Mar 30, 2016 to Mar 30, 2017
      • Accounts · 2 to 1
        Mar 27, 2015 to Mar 30, 2016
      • Assets in custody · $292M to $192M
        Mar 27, 2015 to Mar 30, 2016
      • Private funds · 2 to 1
        Mar 27, 2015 to Mar 30, 2016
      • Discretionary RAUM · $292M to $192M
        Mar 27, 2015 to Mar 30, 2016
      • RAUM · $292M to $192M
        Mar 27, 2015 to Mar 30, 2016
      • Advisory activities · 1 to 2
        May 20, 2014 to Mar 27, 2015
      • BD registered reps · 2 to 3
        May 20, 2014 to Mar 27, 2015
      • Assets in custody · $334M to $292M
        May 20, 2014 to Mar 27, 2015
      • Employees · 5 to 6
        May 20, 2014 to Mar 27, 2015
      • Discretionary RAUM · $336M to $292M
        May 20, 2014 to Mar 27, 2015
      • RAUM · $336M to $292M
        May 20, 2014 to Mar 27, 2015
      • Assets in custody · $382M to $334M
        Sep 6, 2013 to Mar 28, 2014
      • Discretionary RAUM · $432M to $336M
        Sep 6, 2013 to Mar 28, 2014
      • RAUM · $432M to $336M
        Sep 6, 2013 to Mar 28, 2014
      • Assets in custody · $291M to $382M
        Mar 4, 2013 to Mar 26, 2013
      • Discretionary RAUM · $291M to $432M
        Mar 4, 2013 to Mar 26, 2013
      • RAUM · $291M to $432M
        Mar 4, 2013 to Mar 26, 2013
      • Advisory employees · unset to 1.0
        Mar 29, 2012 to Mar 4, 2013
      • BD registered reps · unset to 2.0
        Mar 29, 2012 to Mar 4, 2013
      • Employees · unset to 5.0
        Mar 29, 2012 to Mar 4, 2013
      Signals
      No event on the tape.
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026