CARMEL, Ind. (March 15, 2013)—Provident Capital Management Inc. (PCM) is now listed in “iShares Connect: The Guide to ETF Investment Strategists” and trades several iShares exchange-traded funds as part of its absolute-return ETF strategies. iShares is the largest and one of the fastest-growing fund families in the U.S. with over 440 funds and more than $480 billion of assets under management.
“We fill a niche that not a lot of other financial advisors address with our absolute-return investment strategy, and this new partnership with iShares is helping us educate and expose our investment strategy to more advisors around the country—we look at it as providing Wall Street hedge funds for Main Street America,” said Todd Wood, CFO of PCM. “As an established registered investment advisor, this is also allowing us to expand more into the institutional space as well.”Read More