Prosperity Capital Advisors

RIASEC Registered

Total AUM

$4.4B

Discretionary

$4.4B

100% of AUM

Avg account

$265K

Accounts

16,541

Employees

244

Advisory reps

105

Firm details

Headquarters: Westlake, Ohio
CRD number: 156480
Registered since: March 22, 2011
Website: prosperitycapitaladvisors.com
Custodians: CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC, THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, ASSETMARK TRUST CO.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI47.69%
Individuals38.5%
Insurance Companies12.33%
Pension & Profit Sharing Plans0.75%
Corporations / Businesses0.68%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Prosperity Capital Advisors is an independent registered investment adviser that has been SEC-registered since 2011. The firm operates as a capital allocator for both individual/family clients and institutional accounts, offering financial planning, portfolio management for individuals, small businesses and institutions, selection of outside managers, and educational workshops. It also maintains business activities tied to other financial services — the firm functions in capacities such as a registered representative of a broker‑dealer, a real estate broker, an insurance broker, and an accountant. Fees are charged via a mix of percentage of AUM, hourly rates, and fixed fees. The firm was named among FA Magazine’s Top RIA Firms in 2020.