Provident Trust Group Named 2020 Best IRA Custodian

Nov 11, 2020


Provident Remains Top-Ranked Custodian in Wealth Advisor Reader Survey for Fifth Consecutive Year


LAS VEGAS, NV November 10, 2020 – Provident Trust Group (Provident Trust), a self-directed IRA administrator and passive custodian, has been named the Best IRA Custodian by Wealth Advisor for the fifth straight year. In a survey earlier this year, subscribers of the publication ranked Provident Trust number one of twelve independent retirement custodians.


Established in 2008, Provident Trust serves more than 33,000 clients, with over $9 billion under custody. Provident Trust’s mission is to empower its customers to self-direct their retirement assets by offering innovative retirement plan solutions, ease of access, and an extraordinary customer experience.


“The caliber of our associates and the service they provide are outcomes of Provident Trust’s people-focused culture, and our emphasis on quality is about getting things right the first time,” said Jim Heiden, head of sales for Provident Trust. “Our clients’ goals and experiences guide everything we do, and that’s how we continually earn their confidence.”


Investment and product flexibility, fee transparency, and user-friendly technology further distinguish Provident Trust. The company specializes in the establishment and administration of qualified retirement accounts, including IRAs and Solo 401(k) accounts. It also offers a comprehensive range of trust and fund administration, asset custody, and related services. Provident Trust’s flat-fee structure is transparent and simple to understand—and means that clients will not be surprised by hidden transaction or other fees.


When it comes to technology, Heiden says, “We can serve our clients traditionally or digitally—the choice is theirs. However, we employ user feedback to ensure that when clients do engage with our technology, they will enjoy simple, intuitive experiences that help them accomplish their tasks easily, efficiently, and confidently.”


Our Self-Directed IRA allows you to invest in what you want, when you want. The investment possibilities are endless.

Discover the power of true self-directed investing

Our Self-Directed IRA allows you to invest in what you want, when you want. The investment possibilities are endless.

SURVEY METHODOLOGY commissioned an independent survey of its 273,000 registered subscribers in August 2020. The survey was designed to uncover investor preferences and attitudes toward selection of IRA custodians. The findings presented are based on aggregated responses of over 500+ respondents.


About Provident Trust Group

Provident Trust Group is a self-directed IRA administrator and passive custodian serving more than 33,000 clients and holding over $9 billion in assets under custody. Specializing in IRA and Solo 401(k) account administration and asset custody, the firm focuses on delivering an optimal service experience through a technology platform tailored to serve investors interested in alternative asset classes. Provident Trust Group is dedicated to helping clients make the most of their financial opportunities by providing access to investments outside the traditional marketplace of publicly traded assets. Learn more at

Provident Trust Group, LLC is a non-discretionary, passive, directed custodian that does not sell or solicit investments and does not provide investment advice or recommendations. Provident Trust Group, LLC does not review or endorse any investment or investment advisor, or guarantee the performance of any investment. Provident Trust Group, LLC does not insure the account owner from any loss due to investment performance or due to the activities of any financial representative, investment advisor, sponsor, or distributor. Account owners are responsible for the investments in their accounts.

Please Note: Provident Trust Group and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.

Social Security Solvency by the Numbers

There is a classic model used to describe the financial support that Americans rely on for their retirement security. It is the three-legged stool. The legs of this stool have traditionally been these: formal retirement savings in IRAs and employer-sponsored...

Choosing a Depository is just as Important as Finding a Precious Metals Dealer

When investing in precious metals with an IRA, it is important to note the IRS does not allow you to manage those precious metals yourself (IRC Sec. 4975(c)(1)). Doing so could trigger a prohibited transaction and may incur hefty penalties. As such, account owners...

Self-Directed Investing in an Unsecured Note (with Qualified Funds)

Sometimes called a Promissory Note or a Straight Note, an Unsecured Note is only guaranteed by the borrower’s promise to pay. The borrower signs a note, which may be as simple as a hand written agreement. Provident Trust Group requires the borrower’s signature to be...

Self-Directed Investing in a Limited Liability Company or Limited Partnership (with Qualified Funds)

Investing in a Limited Liability Company (LLC) or Limited Partnership (LP) has become a popular instrument and involves ownership interest in companies that are not publicly traded on a stock exchange. Investors in LLCs are called members while investors in LPs are...

Self-Directed Investing in a Secured Note or Mortgage (with Qualified Funds)

A Secured Note or Mortgage is a promissory note that is guaranteed by an interest in an asset that is worth as much or more than the amount of the loan. In most cases, if the borrower defaults on the loan, the qualified account will become the owner of the asset...

Self-Directed Investing in a Single Member LLC (with Qualified Funds)

A Single Member LLC, also known as an IRA-LLC, is a type of alternative investment where a private entity is wholly or majority owned by an IRA. After the LLC has been created, qualified funds from your retirement account are moved or invested into the newly created...

Do you Have Questions? Let us know!

Existing Clients
(888) 855-9856
Future Clients
(888) 662-0869


With more than 34,000 clients in all 50 states, our elite team of professionals is the premier choice. We offer highly personalized service tailored to your needs, transforming your financial future.

Subscribe to Our News

 Stay up to date with our Newsletter.



8880 W. Sunset Rd.,
Suite 250
Las Vegas, NV 89148


(702) 253-7565


Monday - Friday
6AM - 4PM (PST)