Provider Financial, Inc.

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Client assets under management

$303,974,168

Clients

505

42% high-net worth

Advisors

of 3 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

253

Very High

Average account size

$601,929

About

Provider Financial, Inc. serves individual and high‑net‑worth clients, providing discretionary portfolio management and hourly financial planning. Portfolio management is delivered through a wrap‑fee program and the firm charges advisory fees based on a percentage of assets under management, a common arrangement among peers.

The firm’s investment process combines fundamental and technical analysis with tactical asset allocation, using mutual funds, ETFs, equities and cash instruments and tailoring portfolios to client goals and restrictions. Portfolio management is offered only through the firm’s wrap program and clients’ accounts are custodied and traded via the designated broker‑dealer platform that sponsors that program.

What distinguishes the firm is that its principal also operates as a registered representative of the sponsoring broker‑dealer and as a licensed insurance agent, enabling the firm to effect securities and insurance transactions that generate separate compensation. The firm discloses these relationships and the broker‑dealer’s program benefits, and says it applies fiduciary policies and periodic reviews to address the resulting conflicts of interest.

Client services

Financial planning Portfolio management

Expertise

General retirement planning Cash flow / budgeting

Fee options

Percentage

$100,000 - $250,000: 2.05% annually $250,001 - $500,000: 1.75% annually $500,001 - $750,000: 1.60% annually $750,001 - $1,250,000: 1.40% annually $1,250,001 - $1,750,000: 1.30% annually $1,750,001 - $3,000,000: 1.15% annually $3,000,001 - $5,000,000: 1.00% annually Over $5,000,000+: Negotiable

Commissions

Owner is a registered representative and receives commissions from securities transactions

Project-based

Financial planning hourly fee $350/hour, negotiable

Other

Fee-only: Financial planning hourly fee $350/hour, negotiable

Main office location

Provider Financial, Inc.

3091 East 98 Th Street, Suite 200

Indianapolis IN 46280, United States

Number of offices

Most active in

Florida · Illinois · Indiana · Ohio · Texas

Disclosures

Business activities & affiliations

Is active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Is not active or affiliated with:

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

Website (317)706-0890

Advisors at this firm

Jenny M

Series 65

Indianapolis, IN

Provider Financial, Inc.

Jenny Malmquist is a financial advisor at Provider Financial, Inc. in Indianapolis, IN, holding a Series 65 designation with two years of industry experience. She has been with Provider Financial, Inc. since 2013. Provider Financial, Inc. serves individual and high-net-worth clients with discretionary portfolio management and hourly financial planning. The firm uses a combination of fundamental and technical analysis alongside tactical asset allocation, offering portfolio management through a wrap-fee program tailored to client goals and restrictions.

General retirement planning Cash flow / budgeting

Robert M

CFP®, Series 63

Indianapolis, IN

Provider Financial, Inc.

Robert Malmquist is a CFP® professional with 29 years of industry experience, currently serving as an advisor at Provider Financial, Inc. in Indianapolis, Indiana. He has worked at LPL Financial since 1997 and has been with Provider Financial since 2013. Provider Financial, Inc. serves individual and high-net-worth clients through discretionary portfolio management and hourly financial planning. The firm utilizes a combination of fundamental and technical analysis with tactical asset allocation, offering portfolio management exclusively via a wrap-fee program tailored to client goals and restrictions.

General retirement planning Cash flow / budgeting

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