Douglas
Degroot

Providence Wealth Advisors, LLC

CRD#5788056
Investment Advisor
in Frankfort, IL

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About this Advisor

Douglas Degroot is a certified financial planner based out of Frankfort, Illinois with 5 years of industry experience. Degroot is on the advisory team at Providence Wealth Advisors, LLC. They have spent their entire employment at Providence Wealth Advisors, Llc. Degroot has a Series 65 license, which qualifies them as an investment advisor representative, and is able to serve investors in Illinois. Providence Wealth Advisors, LLC is a financial advisory company that has its headquarters in Frankfort, IL. The company has offices in three locations and a total of 10 advisors. It controls $497 million in assets under management across its 1,186 customer accounts, making it one of the larger firms in the nation by assets under management. The firm advises seven charities and foundations. The company performs a set of services, such as financial planning services, portfolio management for individuals and small businesses and portfolio management for institutional clients. Fees charged by financial advisors typically depend on which services are provided. Fee types charged by Providence Wealth Advisors, LLC typically consist of asset-based fees.

Certifications and Registrations

Series 65, CERTIFIED FINANCIAL PLANNER™

Years Registered*

5 years

Services Offered

Financial planning services, Portfolio management for individuals and/or small businesses, Portfolio management for businesses or institutional clients

Fee Structure

Percentage of Assets

Office Location

20220 South Lagrange Road
Frankfort, IL 60423

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Providence Wealth Advisors, LLC Brokerage Details

Total Assets Under Management

$497,197,425

IL Average: $6,674,516,078
Total Number of Employees

10

IL Average: 44
Total Number of Accounts

1,186

IL Average: 2,564
Average Account Size

$419,222

IL Average: $2,603,165

Investment Advisory Services

  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Portfolio management for businesses or institutional clients

Douglas Degroot Work History

Douglas has been registered as a financial advisor for 5 years.*

2010 - Present (14 years)

Providence Wealth Advisors, LLC

*The number of years registered in this profile is calculated by taking the year of an advisor's first active registration and subtracting it from the current year.

Disclosures

Please visit the SEC profile of Douglas Degroot to learn whether or not they have any disclosures. It is important to do your due diligence when looking for an advisor.

Financial Advisors at Providence Wealth Advisors, LLC

Nicole Smit
Frankfort, IL
Jay Faler
Frankfort, IL
Brian Granato
Frankfort, IL
Douglas Degroot
Frankfort, IL
Laura Fasan
Frankfort, IL

The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.

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Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

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