Provenance Assets Management, Inc. (Miami)


Provenance Assets Management, Inc. is a large advisory firm based in Miami. It manages $352.27 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Florida, New Jersey, and Utah.

Provenance Assets Management provides portfolio management for investment companies, portfolio management for businesses and institutional clients, security ratings or pricing services, and provenance provides consulting and administrative services which may include credit analysis.. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as securities and loan financing advisory/consulting.

Provenance Assets Management: assets under management

The assets under management (AUM) of Provenance Assets Management, Inc. is $352.27 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $202.27 million in discretionary accounts and $150 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $67.42 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $16.67 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Provenance Assets Management, Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Provenance Assets Management, Inc.

Rodger David Shay Jr has been acting as President since 1 Nov 2014. Kevin Anthony Rowe joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. Provenance Financial Group Shareholder 1 Aug 1990 75% - 100% 59-3026727
Stephen Sean Kelleher President 1 Mar 2012 Other 1230428
Aaron Netzahualcoyotl Rodriguez Chief financial officer 1 Oct 2012 Other 5421965
Rodger David Shay Jr Chairman 1 Nov 2014 Other 1008086
Kevin Anthony Rowe Chief compliance officer 1 Nov 2014 Other 4641264

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Rodger David Shay Shareholder 1 Sep 1990 25% - 50% 420704
Rodger David Shay Jr Shareholder 1 Sep 1990 25% - 50% 1008086

Based in Miami

The principal office where Provenance Assets Management, Inc. performs its advisory services is located at 1000 Brickell Avenue, Miami, FL 33131, which is also the mailing address of the firm. An additional office of the firm is in Summit, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-327-6190 or by fax 305-507-1537. The normal business hours are 9:00a.m. to 5:00p.m. on Monday - Friday. You can find more information about the New York firm at amffunds.com.