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Provenio Capital

Updated today

Client assets under management

$1,242,655,002

Clients

94

100% high-net worth

Advisors

5

of 11 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

19

Very Low

Average account size

$13,219,734

About

Provenio Capital is an independent investment adviser that provides wealth management, investment advisory, and financial planning services primarily to high‑net‑worth individuals, trusts, foundations, pension plans, businesses and insurance company clients. Like many team firms, it delivers portfolio management and planning services and typically charges asset‑based advisory fees.

The firm follows a structured, client‑centric process that begins with a documented Investment Policy Statement and a formal manager selection and ongoing due‑diligence framework; it emphasizes allocations to alternative strategies (private equity, private credit, venture capital, hedge funds, real assets and real estate) while integrating liquid equities and fixed income for diversification. Provenio often advises accounts on a non‑discretionary basis but makes discretionary allocations where structuring is material, including acting as manager or sub‑adviser to Insurance Dedicated Funds, managing separately managed accounts, and arranging co‑investment SPVs.

What sets Provenio apart from many peers is the concentration of non‑discretionary assets under advisement relative to discretionary assets, its active role with pooled investment vehicles and private funds (including principals’ general partner interests), and its use of performance‑based compensation and deal‑level co‑investments — all of which the firm discloses and addresses through committee oversight and written policies. The firm also maintains an affiliated licensed insurance agency and works with insurance carriers on IDFs and SMAs, and it manages more than $1.6 billion of client assets across a small advisor team, signaling unusually high AUM per advisor and a focus on sophisticated, institutional and high‑net‑worth structures rather than mass‑market retail accounts.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Private / alternative investments Tax-loss harvesting Concentrated stock management Life insurance needs analysis

Occupation focus

Founder/Business Owner Executive

Fee options

Fixed

Other planning services flat fee $5,000 to $50,000 depending on scope

Percentage

$0 - $15,000,000: 1.00% $15,000,000 - $25,000,000: 0.85% $25,000,000 - $35,000,000: 0.65% $35,000,000 - $45,000,000: 0.45% $45,000,000 - $80,000,000: 0.35% $80,000,000 - $130,000,000: 0.25% $130,000,001+: 0.20%

Performance-based

Performance-based fees for co-investments generally 5% to 20%, with or without hurdle rates

Other

Minimum fee: $20,000 minimum annual fee Fee-only: Flat fees for other planning services ranging between $5,000 and $50,000

Main office location

Provenio Capital

4400 Macarthur Blvd., Suite 300

Newport Beach CA 92660, United States

Number of offices

2

Most active in

California · Florida

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Chasen F

Series 63, Series 65

Newport Beach, CA

Provenio Capital

Chasen Forrest is a financial advisor at Provenio Capital with Series 63 and Series 65 credentials and two years of industry experience. His prior roles include positions at Mariner Platform Solutions, Ocean Heights Advisors, and Beacon Pointe Advisors. Outside of his advisory work, he serves as a consultant and advisory board member for NEXTUP, Inc., contributing to business development. Provenio Capital is an independent registered investment adviser managing approximately $1.64 billion primarily for high-net-worth individuals, trusts, foundations, and institutional clients. The firm focuses on wealth management and portfolio construction with an emphasis on alternative investments and extensive manager due diligence, serving a client base that includes insurance companies and utilizing both discretionary and non-discretionary management strategies.

Private / alternative investments Tax-loss harvesting Concentrated stock management Life insurance needs analysis Founder/Business Owner Executive
user avatar

Benjamin D

Series 63, Series 65, Series 66

Newport Beach, CA

Provenio Capital

Benjamin Durrant is a financial advisor with Provenio Capital, holding Series 63, Series 65, and Series 66 designations and 11 years of industry experience. He has been with Provenio Capital Management Inc. since 2016 and previously worked at The Strand Partners from 2013 to 2016. Provenio Capital is a boutique independent registered investment adviser managing approximately $1.64 billion for about 92 clients, primarily high-net-worth individuals, trusts, foundations, and institutional investors including insurance companies. The firm emphasizes a manager-centric investment approach focused on alternative investments and conducts extensive due diligence through its Investment, Valuation, and Compliance Committees.

Private / alternative investments Tax-loss harvesting Concentrated stock management Life insurance needs analysis Founder/Business Owner Executive
user avatar

Christopher K

Series 63, Series 65

Palm Beach, FL

Provenio Capital

Christopher Kelly is a financial advisor at Provenio Capital with Series 63 and Series 65 licenses and over nine years of industry experience. His prior roles include positions at Premia Solutions Inc., Premia Holdings Inc., and Tilden Park Capital. He has also operated as a self-employed advisor before joining Provenio Capital. Provenio Capital is an independent registered investment adviser serving high-net-worth individuals, trusts, foundations, and institutional investors, including insurance companies. The firm emphasizes alternative investments and uses a manager-centric approach supported by extensive due diligence and governance committees.

Private / alternative investments Tax-loss harvesting Concentrated stock management Life insurance needs analysis Founder/Business Owner Executive
user avatar

Kevin M

Series 63, Series 65

Newport Beach, CA

Provenio Capital

Kevin Murphy is a financial advisor at Provenio Capital with 29 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at Provenio Capital since 2016. Prior to that, he was with Tippett Moorhead Financial Partners and M Holdings Securities, as well as operating Kevin Murphy Financial Services. He is involved with an insurance-focused business, FFR Group, LLC, and a licensed insurance agency affiliated with Provenio Capital. Provenio Capital is a boutique independent registered investment adviser serving high-net-worth individuals, trusts, foundations, and institutional investors, including insurance companies. The firm emphasizes alternative investments and extensive manager due diligence, managing client assets primarily on a non-discretionary basis through vehicles such as Insurance Dedicated Funds, separately managed accounts, and co-investments.

Private / alternative investments Tax-loss harvesting Concentrated stock management Life insurance needs analysis Founder/Business Owner Executive
user avatar

Jeremy C

Series 66

Newport Beach, CA

Provenio Capital

Jeremy Chused is a Series 66 licensed financial advisor at Provenio Capital with 18 years of industry experience. He has worked at Provenio Capital Management since 2016 and previously held roles at M HOLDINGS SECURITIES, Inc. and Tippett Moorhead. Provenio Capital is a boutique independent registered investment adviser managing approximately $1.64 billion for around 92 clients, primarily high-net-worth individuals, trusts, foundations, and institutional investors including insurance companies. The firm emphasizes a manager-centric investment approach focused on alternative investments and extensive due diligence, offering wealth management, portfolio construction, and planning services through discretionary and non-discretionary solutions.

Private / alternative investments Tax-loss harvesting Concentrated stock management Life insurance needs analysis Founder/Business Owner Executive
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