Provident Trust Company

Provident Trust Company, a registered investment adviser founded in 1999, offers integrated financial forecasting, portfolio management, and trust services. The firm's principal owners are J. Scott Harkness and trusts for his family's benefit. Provident manages equity, balanced, and fixed income portfolios, as well as serving as an adviser to a mutual fund and model portfolio adviser to unified managed accounts. Investment Strategies: - Equity Strategy: Utilizes a multi-cap core growth strategy focusing on companies with above-average historical sales and earnings. - Balanced Strategy: Combines multi-cap core growth equity strategy with fixed income to produce a balanced portfolio. - Fixed Income Strategy: Aims to provide steady income and principal stability with investments in fixed income ETFs and individual fixed income securities. Fees and Compensation: - Annual fees range from 0.60% to 0.80% based on the account size, with a minimum individually managed client relationship of $3 million. - Fees are billed monthly in arrears based on the account value at month-end. Investment Discretion: - Provident typically receives discretionary authority to make investment decisions for client accounts. - Clients may impose investment restrictions. Client Types: - Provides services to individuals, high net worth individuals, trusts, corporations, pension plans, charitable institutions, and more. Additional Information: - Provident does not charge performance-based fees. - The firm does not receive commissions for client referrals. - Provident acts as a custodian for client assets and provides quarterly reports. - Clients may request a copy of Provident's Code of Ethics and proxy voting policies. For more information, contact Provident Trust Company at (262) 521-2300 or [email protected].