Wealth manager, independent · Newport Beach, CA
Provenio Capital
Provenio Capital Management LLC · SEC-registered investment adviser · CRD 333009 · SEC 801-131264
At a glance
Provenio Capital is an SEC-registered investment adviser based in Newport Beach, California, with $1.6B in regulatory assets under management as of its Form ADV filed July 21, 2026. It reports 94 individual clients, 94 of them high-net-worth, holding an average of about $13 million each, and 11 employees. That ranks it 664th among the nation’s 5,657 independent wealth management RIAs and 80th of 714 in California.
Main office 949-301-9060proveniocapital.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.6B
- Rank among independent wealth managers
- #664 of 5,657
- Rank among all SEC RIAs
- #4,068 of 17,210
- Rank in California
- #80 of 714
- Individual clients
- 94
- High-net-worth clients
- 94
- Accounts
- 132
- Discretionary
- 15% of AUM
- Employees
- 11
- Advisory staff
- 6
- Offices
- 1
Owners and executives on its Form ADV
- Reshma B PatelSenior Vice President of Operations and Chief Compliance Officer
- Benjamin P. DurrantMember, Co-Founder and Chief Investment Officer
- Kevin M. MurphyMember, Co-Founder and Chief Executive Officer
- Jeremy D. ChusedSenior Vice President of Investment Operations
Custody and brokerage
Custodian
Provenio Capital’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
No broker-dealer ties
Provenio Capital reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 94 | $1.2B | 76% |
| Insurance companies | 16 | $199M | 12% |
| Pooled investment vehicles | 13 | $106M | 7% |
| Charitable organizations | – | $59M | 4% |
| Pension and profit sharing plans | 5 | $26M | 2% |
| Corporations or other businesses | – | $0M | <1% |
Disciplinary disclosures
Provenio Capital reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Fixed fees
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗proveniocapital.com ↗
AtlasMembers
The full record on Provenio Capital
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 1 years of filings
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- Growth over one, three and five years
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- Rank against 2,361 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 4 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in California
All of California →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Liberty Wealth Management, LLCOakland | $1.7B | 1,510 |
| Weatherly Asset ManagementDel MAR | $1.7B | 371 |
| Lyell Wealth Management LPMenlo Park | $1.6B | 303 |
| Telos Capital Management, Inc.SAN Diego | $1.6B | 924 |
| Pasadena Private Wealth, LLCPasadena | $1.6B | 432 |
| Burton Enright WelchWalnut Creek | $1.6B | 612 |
Background
Questions
How much does Provenio Capital manage?
Provenio Capital reports $1.6B in regulatory assets under management across 132 accounts, 15% of it on a discretionary basis, on its Form ADV filed July 21, 2026.
How many clients does Provenio Capital have?
It reports 94 individual clients: 94 high-net-worth individuals and 0 other individuals. Individuals account for about 76% of its regulatory assets.
Where is Provenio Capital headquartered?
Its main office is in Newport Beach, California. It reports 1 office in total and 11 employees, 6 of whom perform investment advisory functions.
How does Provenio Capital charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees; performance-based fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
Is Provenio Capital a hybrid RIA with a broker-dealer?
Provenio Capital reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Provenio Capital a fiduciary?
As an SEC-registered investment adviser, Provenio Capital owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Provenio Capital’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-07-21), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →