DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Prospera Financial Services, Inc.

Broker-dealer affiliated wealth managerDallas, TexasCRD 10740SEC 801-65845websiteIAPD
Latest filing Sep 30, 2025
First filing on the tape Nov 17, 2011 · 98 filings
SEC status approved since Feb 1, 2006
RAUM
$12B
reported, Item 5.F
Discretionary
67%
of RAUM
Private clients
86%
$11B individuals and HNW
Advisors
269
registered through the firm on IAPD
RAUM per advisor
$46.2M
derived; firm RAUM over IAPD count
Employees
333
207 advisory (5.B.1)
Offices
139
beyond the principal office
Private funds
0
reported on Schedule D
History
98 filings and snapshots on the tape
RAUM$12B as of Sep 30, 2025
Sep 27, 2012$670M then
HNW client RAUM$5.7B as of Sep 30, 2025
Sep 28, 2018$1.4B then
State-registered IARs (5.B.3)259 as of Sep 30, 2025
Sep 26, 2013100 then
Employees (5.A)333 as of Sep 30, 2025
Sep 26, 2013110 then
Private funds: no history
RAUM +57% over the last fiscal year+23% a year over threeIARs 190 to 259offices 105 to 139
Practice profile
derived from the filing of Sep 30, 2025; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$46.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
70derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$919,175derivedHNW RAUM over HNW clients
Average account
$421,529derivedRAUM over accounts (5.F.2.f)
Discretionary
67%derivedof RAUM
Institutional
9.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
1.9derived140 offices incl. principal (1.F.5)
RAUM growth, one year
+24%derivedbetween the last two annual amendments
Advisor growth, one year
+5.8%derivedItem 5.B.3 between annual amendments
Client growth, one year
+13%derived
Compensation
percentage of assets, hourly, fixed fees, performance-based, commissions, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, pension consulting, selection of other advisersreportedItem 5.G
Wrap fee program
$3.9BreportedItem 5.I
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is a broker-dealer (6.A.1)
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$5.7B47%
  • Individuals$5.0B41%
  • Pension and profit-sharing plans$1.1B8.9%
  • Corporations and businesses$249M2.0%
  • Charitable organizations$60.5M0.5%
  • Pooled investment vehicles$30.8M0.3%
Individual clients
12,511reported
HNW clients
6,195reported
Pension plan clients
228reported
Charitable clients
61reported
Accounts
29,500reported
Financial planning clients
11-25reported
Wrap fee programs
$0 sponsored, $7.2B managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourly, performance, commissionsreported
Class basis
private_client_share=0.86 fund_share=0.0 institutional_share=0.09 related_bd=true related_bank=false bd_reps=220.0derived
Advisors registered through the firm
270 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Tim Alan EdwardsDallas, TxSep 1, 198939 y0
Robert Lee CecilDallas, TxJul 31, 199844 y0
Jana Darlene WatersCertified Financial PlannerSouthlake, Tx Feb 12, 200327 y0
Casey Dan WaitsDallas, Tx Feb 18, 200331 y0
Richard Dean PascuzziDallas, TxJun 27, 200345 y1
George Wayne LollisTyler, Tx Jan 21, 200451 y1
Margaret Anne ThompsonHurst, TxFeb 2, 200428 y1
David Walter StringerDallas, TxDec 17, 200440 y0
Judy Kay MooreAustin, Tx Jan 6, 200546 y0
David Alan YarbroughHurst, Tx Jan 14, 200543 y0
Robert Chester AlbrittonFt Worth, Tx Jan 14, 200539 y0
Michael Joseph GomezLubbock, Tx May 31, 200541 y3
Joel Kirk CorbinLubbock, Tx May 31, 200536 y3
Wilfred CarterLubbock, TxJun 8, 200533 y3
Virginia Paige HansenCertified Financial PlannerAsheville, NcJun 16, 200629 y1
Lisa Baker LawwillDallas, Tx Jun 16, 200632 y1
Robert Andrew BotelDallas, Tx Jun 20, 200632 y0
Linda Scoville CartwrightDallas, Tx Dec 6, 200639 y2
Bobby Joe BoydDallas, Tx Jan 11, 200733 y2
Brian Joseph FeesCertified Financial PlannerGonzales, TxJul 20, 200720 y1
Kurt Allen KokeHurst, TxFeb 19, 200840 y0
Christopher Donald PascuzziDallas, TxApr 16, 200819 y1
Dax Thomas WilliamsonDallas, Tx Nov 20, 200830 y2
Clayton Wellington JamesWilliamsburg, VaFeb 20, 200923 y3
Kenneth Clayton PriceGlen Allen, Va Mar 3, 200929 y1
Dennis Alan PerkinsGlen Allen, VaMar 3, 200922 y1
Bryan Paul BernardColleyview, TxAug 3, 200936 y0
Jason Anton BednarzDallas, Tx Oct 30, 200929 y2
Robert Fremont ThorndikeDallas, Tx May 12, 201042 y2
Sonia Raquel BiasattiDallas, Tx Feb 24, 201131 y0
James Michael HinesDallas, Tx Jul 1, 201120 y2
Jason Leon SteeleRaleigh, NcMay 29, 201230 y2
Anthony Charles MontanariCharlotte, NcJul 16, 201228 y3
Michael Alan TaylorDallas, Tx Aug 23, 201238 y1
Jimmy Rhea DayWeatherford, TxAug 31, 201233 y1
Christopher David WhiteFrisco, Tx Apr 12, 201322 y0
Katrina Kerr HayesCertified Financial PlannerMatthews, NcJun 28, 201325 y2
John P CervantesMatthews, Nc Jul 3, 201326 y3
Jason Eric CraigMount Holly, Nc Nov 1, 201325 y3
Jed Lee KutzenDallas, Tx Jul 1, 201420 y1
All 270 advisors at Prospera Financial Services, Inc.
Advisor movement
12 left, 19 joined in 12 months
net +7 in 12 months2 left in 90 days8 joined in 90 daysdeparture rate 4.5% of current headcount26 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Tim Alan Edwards · Co-Ceocontrol
    since 07/2021 · owns less than 5%
  • Richard Dean Pascuzzi · Executive Vice President, Secretarycontrol
    since 05/1998 · owns less than 5%
  • David Walter Stringer · Co-Ceocontrol
    since 07/2021 · owns less than 5%
  • Tarah Elizabeth Williams · President, Chief Operating Officercontrol
    since 10/2022 · owns less than 5%
  • Tim Alan Edwards · Share Holdercontrol
    since 07/2021 · owns 25% to 50% of Prospera Financial, LLC
  • Richard Dean Pascuzzi · Share Holdercontrol
    since 07/2021 · owns 25% to 50% of Prospera Financial, LLC
  • David Walter Stringer · Share Holdercontrol
    since 07/2021 · owns 25% to 50% of Prospera Financial, LLC
  • Shawn Baxter · Chief Compliance Officer
    since 08/2024 · owns less than 5%
  • Edward Kern · Chief Financial Officer
    since 10/2017 · owns less than 5%
Entity owners
  • Prospera Financial, LLC · Holding Company
    direct · owns 75% or more
Related persons
Schedule D 7.A
  • Prospera Life And Annuity Services, Inc.
    real estaten
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Dallas, Tx · principal7353
Ballwin, Mo1300
Metairie, La1100
Redlands, Ca940
Lafayette, La810
Hurst, Tx700
Memphis, Tn710
Irvine, Ca730
Mandeville, La610
St Peters, Mo510
St Louis, Mo500
Knoxville, Tn510
Lubbock, Tx500
Weatherford, Tx400
New York, Ny420
Glen Allen, Va420
Harrisburg, Pa400
Incline Village, Nv400
Crown Point, In410
Peroria, Il300
Offices
Schedule D 1.F, the 25 largest
  • Metairie, LA12 employees
  • Hurst, TX8 employees
  • Dallas, TX5 employees
  • Bend, OR5 employees
  • Harrisburg, PA4 employees
  • Redlands, CA4 employees
  • Tyler, TX4 employees
  • Belmont, NC3 employees
  • Mandeville, LA3 employees
  • Lafayette, LA2 employees
  • Crystal Lake, IL2 employees
  • Incline Village, NV2 employees
  • Buckeye, AZ2 employees
  • Denton, TX2 employees
  • Dallas, TX2 employees
  • Dallas, TX2 employees
  • Peoria, IL2 employees
  • Colleyville, TX2 employees
  • Glen Allen, VA2 employees
  • Raleigh, NC2 employees
  • Charlotte, NC2 employees
  • Weatherford, TX2 employees
  • Norfolk, VA2 employees
  • Lafayette, LA2 employees
  • Cumberland, MD2 employees
What changed
consecutive filings, newest first
  • Accounts · 23,433 to 29,500
    Aug 1, 2025 to Sep 30, 2025
  • Advisory employees · 159 to 207
    Aug 1, 2025 to Sep 30, 2025
  • BD registered reps · 168 to 220
    Aug 1, 2025 to Sep 30, 2025
  • Charity clients · 69 to 61
    Aug 1, 2025 to Sep 30, 2025
  • Corporate clients · 126 to 103
    Aug 1, 2025 to Sep 30, 2025
  • HNW clients · 5,788 to 6,195
    Aug 1, 2025 to Sep 30, 2025
  • Individual clients · 9,452 to 12,511
    Aug 1, 2025 to Sep 30, 2025
  • Pension plan clients · 192 to 228
    Aug 1, 2025 to Sep 30, 2025
  • Employees · 265 to 333
    Aug 1, 2025 to Sep 30, 2025
  • Insurance-licensed employees · 5 to 10
    Aug 1, 2025 to Sep 30, 2025
  • State-registered IARs · 201 to 259
    Aug 1, 2025 to Sep 30, 2025
  • Other offices · 123 to 139
    Aug 1, 2025 to Sep 30, 2025
  • Discretionary RAUM · $6.2B to $8.4B
    Aug 1, 2025 to Sep 30, 2025
  • HNW RAUM · $5.0B to $5.7B
    Aug 1, 2025 to Sep 30, 2025
  • Individual RAUM · $3.3B to $5.0B
    Aug 1, 2025 to Sep 30, 2025
  • Non-discretionary RAUM · $3.6B to $4.1B
    Aug 1, 2025 to Sep 30, 2025
  • Pension RAUM · $858M to $1.1B
    Aug 1, 2025 to Sep 30, 2025
  • Pooled vehicle RAUM · $28.1M to $30.8M
    Aug 1, 2025 to Sep 30, 2025
  • RAUM · $9.8B to $12B
    Aug 1, 2025 to Sep 30, 2025
  • Wrap assets (manager) · $6.0B to $7.2B
    Aug 1, 2025 to Sep 30, 2025
  • Related adviser · true to false
    Apr 8, 2025 to Aug 1, 2025
  • Financial planning clients · 11-25 to 11-25
    Sep 30, 2024 to Apr 8, 2025
  • Related adviser · false to true
    Sep 30, 2024 to Apr 8, 2025
  • Accounts · 20,915 to 23,433
    Aug 15, 2024 to Sep 30, 2024
  • Advisory employees · 156 to 159
    Aug 15, 2024 to Sep 30, 2024
  • BD registered reps · 163 to 168
    Aug 15, 2024 to Sep 30, 2024
  • Charity clients · 87 to 69
    Aug 15, 2024 to Sep 30, 2024
  • Corporate clients · 145 to 126
    Aug 15, 2024 to Sep 30, 2024
  • HNW clients · 5,053 to 5,788
    Aug 15, 2024 to Sep 30, 2024
  • Individual clients · 8,475 to 9,452
    Aug 15, 2024 to Sep 30, 2024
  • Pension plan clients · 205 to 192
    Aug 15, 2024 to Sep 30, 2024
  • Employees · 240 to 265
    Aug 15, 2024 to Sep 30, 2024
  • State-registered IARs · 190 to 201
    Aug 15, 2024 to Sep 30, 2024
  • Other offices · 105 to 123
    Aug 15, 2024 to Sep 30, 2024
  • Discretionary RAUM · $4.9B to $6.2B
    Aug 15, 2024 to Sep 30, 2024
  • HNW RAUM · $3.9B to $5.0B
    Aug 15, 2024 to Sep 30, 2024
  • Individual RAUM · $2.7B to $3.3B
    Aug 15, 2024 to Sep 30, 2024
  • Non-discretionary RAUM · $3.0B to $3.6B
    Aug 15, 2024 to Sep 30, 2024
  • Pension RAUM · $783M to $858M
    Aug 15, 2024 to Sep 30, 2024
  • Pooled vehicle RAUM · $19.8M to $28.1M
    Aug 15, 2024 to Sep 30, 2024
Signals
60 dated events
  • Tamara Lawson Hackett registered as an investment adviser representative at Prospera Financial Services, Inc.
    Sep 16, 2026 · Advisor registered · fact
  • Jonathan Fuimaono no longer holds an investment adviser registration (last listed at Prospera Financial Services, Inc. on the 2026-09-14 feed)
    Sep 14, 2026 · Advisor registration ended · derived
  • Stacey Lynn Tucker left Prospera Financial Services, Inc. for Onedigital (registered 2026-09-01)
    Sep 1, 2026 · Advisor changed firm · fact
  • 2 advisors left Wells Fargo Advisors (Boerne, TX) for Prospera Financial Services, Inc. within 3 days
    Jul 27, 2026 · Team lift-out · derived
  • Mitchell Randall left Prospera Financial Services, Inc. for Pnc Wealth Management (registered 2026-07-01)
    Jun 29, 2026 · Advisor changed firm · fact
  • Andrew Bryan Katz left Prospera Financial Services, Inc. for First Heartland Consultants, Inc. (registered 2026-05-01)
    May 1, 2026 · Advisor changed firm · fact
  • Tyler D Little left Prospera Financial Services, Inc. for Lpl Financial Llc (registered 2026-04-22)
    Apr 22, 2026 · Advisor changed firm · fact
  • Houston G Little left Prospera Financial Services, Inc. for Lpl Financial Llc (registered 2026-04-22)
    Apr 22, 2026 · Advisor changed firm · fact
  • David P Little left Prospera Financial Services, Inc. for Lpl Financial Llc (registered 2026-04-22)
    Apr 22, 2026 · Advisor changed firm · fact
  • 3 advisors left Prospera Financial Services, Inc. (Colleyville, TX) for LPL Financial LLC on the same day
    Apr 22, 2026 · Team lift-out · derived
  • Robert Ricardo Fragnito left Prospera Financial Services, Inc. for Cambridge Investment Research Advisors, Inc. (registered 2026-03-31)
    Mar 31, 2026 · Advisor changed firm · fact
  • Marco Fragnito left Prospera Financial Services, Inc. for Cambridge Investment Research Advisors, Inc. (registered 2026-04-01)
    Mar 31, 2026 · Advisor changed firm · fact
  • 2 advisors left Prospera Financial Services, Inc. (Laguna Hills, CA) for Cambridge Investment Research Advisors, Inc. on the same day
    Mar 31, 2026 · Team lift-out · derived
  • Michael Thomas Beard left Prospera Financial Services, Inc. for Raymond James Financial Services Advisors, Inc (registered 2026-03-31)
    Mar 30, 2026 · Advisor changed firm · fact
  • David Weiss left Prospera Financial Services, Inc. for Allworth Financial, L.P. (registered 2026-03-06)
    Feb 20, 2026 · Advisor changed firm · fact
  • 2 advisors left Wells Fargo Advisors (Williston, VT) for Prospera Financial Services, Inc. on the same day
    Dec 17, 2025 · Team lift-out · derived
  • Konstantin Richard Danias left Prospera Financial Services, Inc. for Paradigm Investment Advisory, Llc (registered 2025-11-07)
    Nov 4, 2025 · Advisor changed firm · fact
  • Frank Henry Bullinger left Prospera Financial Services, Inc. for Titleist Asset Management, Llc (registered 2025-10-27)
    Oct 23, 2025 · Advisor changed firm · fact
  • 2 advisors left Wells Fargo Advisors (Orange, CA) for Prospera Financial Services, Inc. on the same day
    Oct 2, 2025 · Team lift-out · derived
  • Prospera Financial Services, Inc. reported 259 state-registered advisory representatives, up from 201 (2025-08-01 to 2025-09-30)
    Sep 30, 2025 · Advisor headcount change · derived
  • Prospera Financial Services, Inc. reported 139 offices beyond its principal office, up from 123 (2025-08-01 to 2025-09-30)
    Sep 30, 2025 · Office count change · derived
  • Prospera Financial Services, Inc. reported RAUM $12.4B, up 27% from $9.8B (2025-08-01 to 2025-09-30)
    Sep 30, 2025 · RAUM change · derived
  • 2 advisors left B. Riley Wealth Advisors, Inc. (Irvine, CA) for Prospera Financial Services, Inc. a day apart
    Sep 16, 2025 · Team lift-out · derived
  • Julie Ann Hinman left Prospera Financial Services, Inc. for Land Advisory Co., Llc (registered 2025-08-20)
    Aug 20, 2025 · Advisor changed firm · fact
  • Christopher James Robb left Prospera Financial Services, Inc. for Lpl Financial Llc (registered 2025-06-02)
    Jun 2, 2025 · Advisor changed firm · fact
  • Kelley Mellar Selph left Prospera Financial Services, Inc. for Lpl Financial Llc (registered 2025-05-19)
    May 20, 2025 · Advisor changed firm · fact
  • Michael Scott Martin left Prospera Financial Services, Inc. for Hibernia Wealth Partners, Llc (registered 2025-03-19)
    Mar 18, 2025 · Advisor changed firm · fact
  • 2 advisors left Morgan Stanley (Visalia, CA) for Prospera Financial Services, Inc. a day apart
    Feb 27, 2025 · Team lift-out · derived
  • Jonathan Dale Stein left Prospera Financial Services, Inc. for Kestra Advisory Services, Llc (registered 2024-11-28)
    Nov 25, 2024 · Advisor changed firm · fact
  • Prospera Financial Services, Inc. reported 123 offices beyond its principal office, up from 105 (2024-08-15 to 2024-09-30)
    Sep 30, 2024 · Office count change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Firm profile
LINKEDIN.COM/COMPANY/PROSPERA-FINANCIALreportedpublic record, Form ADV, Sep 17, 2026
Website
PROSPERAFINANCIAL.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
972-581-3000reportedpublic record, Form ADV, Sep 30, 2025
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Broker-dealer affiliated wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$46.2Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026