SourcingSourcing

PROSPERA FINANCIAL SERVICES, INC.

C40
CRD 10740·SEC 801-65845·DALLAS, TX
AUM
$12.44B
$1B+
Est. Revenue
$124.4M
@ 1% on AUM
Est. EBITDA
$37.3M
@ 30% margin
Est. Deal Value
$298.4M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
PROSPERA FINANCIAL SERVICES, INC.
CRD
10740
SEC file #
801-65845
EIN
000000000
DBA names
Accredited Fiduciary Advisors, LlcWaits Financial GroupTwin River Wealth ManagementTvc Wealth

Economics

AUM
$12.44B
AUM band
$1B+
AUM trajectory
'20'26
$2.80B → $12.44B▲ +344%
Client mix
Individuals Other12,511
Individuals High Net Worth6,195
Pension Profit Sharing Plans228
Corporations103
Charitable Organizations61

Operations

Employees (total)
333
Advisory staff (per ADV)
207
Advisory staff (5-yr trend)
'20'26
109 advisors → 207 advisors▲ +90%
Primary office
DALLAS TX
Branches
Count171

Custodian & Brokerage

Primary custodian
Wells Fargolow confidence
Services offered
Financial planningPortfolio mgmt — individualsPortfolio mgmt — pooled vehiclesPortfolio mgmt — businesses
Fee basis
% of AUMHourly chargesFixed feesCommissions

Filings

Latest ADV filing
09/30/2025
ADV-W filed at
—
Website
twitter.com/prosperafinsvcs(social)

Compliance

Disclosures (firm)
10
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
PROSPERA FINANCIAL, LLC
Top Owner Pct
87.5
Top Owner Entity Kind
DE
Owner Count
7
Control Persons
PROSPERA FINANCIAL, LLC
EDWARDS, TIM ALAN
Solo Advisor Indicator
No
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
Yes

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
fallback_guess:prospera.com

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
Yes
Form 5500 Plan Count
31
Form 5500 Total Compensation
808,260
Form 5500 Compensation Trajectory 3y
2025808,260
Form 5500 Plan Count Trajectory 3y
202531
Schedule C Total Compensation
808,260
Schedule C Service Provider Rows
31

SEC EDGAR

Edgar Cik
0001143982
Edgar Registered
Yes
Edgar Filing Count
16
Edgar First Filing Date
2009-11-27
Edgar Last Filing Date
2025-02-20
Edgar Form D Count
16
Edgar Form D Offerings
2025-02-202025-02-20 · 0000950123-25-002883
2024-02-132024-02-13 · 0001209191-24-003152

Compliance & brand

Firm Registration Status
active

All other collected signals (12)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
49
Bc Firm Active IA Count
37
Bc Firm IAR Count
50
Custodian Candidates
Full
Wells Fargo18
E*trade5
Edgar Addresses
Mailing
197 CLARENDON STREETBOSTON, MA 02116
Business
197 CLARENDON STREETBOSTON, MA 02116
Edgar EIN
000000000
Edgar Recent Filings
D/A2025-02-20 · 0000950123-25-002883
D/A2024-02-13 · 0001209191-24-003152
Fee Schedule
Bracket I84
Bracket Ix9
Bracket Iv3
Bracket Iii2
Bracket Vi1
Firm Has Custody
Yes
Mailing Office Differs
No
Trust Company Affiliate
No

People (54)

54
KERN, EDWARD
IAR · Executive Officer · 2.5%
4364143
EDWARDS, TIM ALAN
IAR · Executive Officer · 2.5%
1569619
PASCUZZI, RICHARD DEAN
Executive Officer · 2.5%
711548
STRINGER, DAVID WALTER
Executive Officer · 2.5%
1410548
WILLIAMS, TARAH ELIZABETH
Executive Officer · 2.5%
2727706
BAXTER, SHAWN
Executive Officer · 2.5%
4346594
JAMES MICHAEL HINES
IAR
5040938
STACEY LYNN TUCKER
IAR
4701212
MARCO GALVAN
IAR
5869996
MCCALL MCGUIRE DYKE
IAR
4689921
ROBERT LEE CECIL
IAR
2482624
NANCY LEA STARNES
IAR
2496527
RHONDA KAY HAGERMAN
IAR
2497906
MARGARET ANNE THOMPSON
IAR
2981785
MELISSA JO MAGILL
IAR
6246713
LINDA SCOVILLE CARTWRIGHT
IAR
1015984
Ian Wilson
IAR
7803207
JUDY KAY MOORE
IAR
339100
RAYMOND RICHARD THOMES
IAR
445527
MICHAEL DAVID MEINERS
IAR
1132826
ANNA Meiners Hansen
IAR
6058766
THOMAS JAMES NEELY
IAR
1661017
CATHERINE ELIZABETH LAMPE
IAR
5464745
APRIL M HARPER
IAR
5517969
Adam Clayton Price
IAR
7401740
Jacqueline Raybuck Saleeby
IAR
7625598
JASON EDWARD HALDIMAN
IAR
2631800
CHRISTOPHER DONALD PASCUZZI
IAR
5243041
Hannah Ashlea May Williams
IAR
7431111
ALLEN ROSS COSKREY
IAR
2038098
CASSANDRA MICHELLE GALVAN
IAR
3221835
Sonya Gwyn Palumbo
IAR
4067280
Peggy Ann Massey
IAR
4933017
GWENDOLYN MARIE MUEX
IAR
4015358
Breann Alexandria Savage Lyon
IAR
7022432
DYLAN STUART HALE
IAR
6074308
LESLIE DAWN LAMOTTE
IAR
3101438
DARRELL ALAN PATRICK
IAR
357750
PATRICK LOUIS HORNEMAN
IAR
4881554
MICHAEL STEVEN NICHOLS
IAR
3058969
JEFFREY SCOTT PATTERSON
IAR
2564460
STEVEN JAY ALLREAD
IAR
2957137
SCOTT ANDREW BLATTEL
IAR
4644901
JAMES S MILLER
IAR
4322785
LAURA SILVERBERG
IAR
4174437
JANA DARLENE WATERS
IAR
3231053
ROBERT J BLATTEL
IAR
2092933
KURT ALLEN KOKE
IAR
1474986
ROBIN RAE FOREMAN
IAR
1529728
VIRGINIA PAIGE HANSEN
IAR
2795516
JEREMY RYAN DAY
IAR
6173370
Nicole Ashley Crangle
IAR
7922624
JOSEPH CARL HAGELE
IAR
1193248
HOLLY CHRISTINE JENSEN
IAR
2139652