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

Prospect Financial Services LLC

Independent wealth managerMelville, New YorkCRD 314154SEC 801-122193websiteIAPD
Latest filing Mar 9, 2026
First filing on the tape Jul 29, 2021 · 10 filings
SEC status approved since Aug 30, 2021
RAUM
$431M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
77%
$330M individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$47.9M
derived; firm RAUM over IAPD count
Employees
12
9 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$431M as of Mar 9, 2026
Mar 14, 2022$226M then
HNW client RAUM$210M as of Mar 9, 2026
Mar 14, 2022$117M then
State-registered IARs (5.B.3)9 as of Mar 9, 2026
Mar 14, 20226 then
Employees (5.A)12 as of Mar 9, 2026
Mar 14, 20229 then
Private funds: no history
RAUM +3.1% over the last fiscal year+24% a year over threeIARs 8 to 9
Practice profile
derived from the filing of Mar 9, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
RAUM per advisor
$47.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
58derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.8MderivedHNW RAUM over HNW clients
Average account
$372,831derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
23%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
9.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+3.1%derivedbetween the last two annual amendments
Advisor growth, one year
+13%derivedItem 5.B.3 between annual amendments
Client growth, one year
-7.5%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
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
  • 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)
  • compensates persons for client referrals (8.G.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$210M49%
  • Individuals$120M28%
  • Pension and profit-sharing plans$98.8M23%
  • Corporations and businesses$2.3M0.5%
Individual clients
446reported
HNW clients
74reported
Pension plan clients
77reported
Charitable clients
n/areported
Accounts
1,156reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.77 fund_share=0.0 institutional_share=0.23 related_bd=false related_bank=false bd_reps=11.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Michael Allan GoldfederCertified Financial PlannerMelville, NyDec 21, 202131 y4
Jay L NathanMelville, NyDec 21, 202134 y1
Sean Peter RooneyMelville, NyDec 21, 202130 y2
David Frank GerkenMelville, NyDec 21, 202132 y1
Lee Edward KilbrithPersonal Financial SpecialistMelville, Ny Jan 6, 202328 y2
Mark Steven RathjenMelville, NyFeb 8, 202329 y0
Neal D O SullivanFarmingdale, Ny Aug 16, 202437 y1
Aidan James RooneyMelville, NyJan 21, 202610 y0
Wange LiuMelville, NyApr 23, 202612 y0
Advisor movement
2 left, 0 joined in 12 months
net -2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 22% of current headcount2 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
    • L Jay Nathan · Partnercontrol
      since 07/2021 · owns 25% to 50%
    • Peter Sean Rooney · Managing Partner And Chief Compliance Officercontrol
      since 07/2021 · owns 50% to 75%
    • Carmine Anthony Sgueglia · Ownercontrol
      since 07/2021 · owns 10% to 25%
    • Frances Michael Fairbrother · Owner
      since 07/2021 · owns less than 5%
    Related persons
    Schedule D 7.A
    • The Chwast Cpa Group, P.C.
      insurancen
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Melville, Ny · principal922
    Offices
    Schedule D 1.F, the 25 largest
    • , 1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 1,178 to 1,156
      Jan 31, 2025 to Mar 9, 2026
    • Advisory employees · 8 to 9
      Jan 31, 2025 to Mar 9, 2026
    • BD registered reps · 10 to 11
      Jan 31, 2025 to Mar 9, 2026
    • HNW clients · 71 to 74
      Jan 31, 2025 to Mar 9, 2026
    • Individual clients · 491 to 446
      Jan 31, 2025 to Mar 9, 2026
    • Pension plan clients · 65 to 77
      Jan 31, 2025 to Mar 9, 2026
    • State-registered IARs · 8 to 9
      Jan 31, 2025 to Mar 9, 2026
    • Discretionary RAUM · $418M to $431M
      Jan 31, 2025 to Mar 9, 2026
    • HNW RAUM · $231M to $210M
      Jan 31, 2025 to Mar 9, 2026
    • Individual RAUM · $126M to $120M
      Jan 31, 2025 to Mar 9, 2026
    • Pension RAUM · $59.8M to $98.8M
      Jan 31, 2025 to Mar 9, 2026
    • RAUM · $418M to $431M
      Jan 31, 2025 to Mar 9, 2026
    • Accounts · 1,064 to 1,178
      Apr 19, 2024 to Jan 31, 2025
    • Advisory employees · 7 to 8
      Apr 19, 2024 to Jan 31, 2025
    • BD registered reps · 9 to 10
      Apr 19, 2024 to Jan 31, 2025
    • Corporate clients · 11 to 16
      Apr 19, 2024 to Jan 31, 2025
    • HNW clients · 59 to 71
      Apr 19, 2024 to Jan 31, 2025
    • Individual clients · 442 to 491
      Apr 19, 2024 to Jan 31, 2025
    • Pension plan clients · 51 to 65
      Apr 19, 2024 to Jan 31, 2025
    • Employees · 11 to 12
      Apr 19, 2024 to Jan 31, 2025
    • Financial planning clients · 0 to 0
      Apr 19, 2024 to Jan 31, 2025
    • State-registered IARs · 7 to 8
      Apr 19, 2024 to Jan 31, 2025
    • Other offices · 1 to 0
      Apr 19, 2024 to Jan 31, 2025
    • Discretionary RAUM · $301M to $418M
      Apr 19, 2024 to Jan 31, 2025
    • HNW RAUM · $155M to $231M
      Apr 19, 2024 to Jan 31, 2025
    • Individual RAUM · $108M to $126M
      Apr 19, 2024 to Jan 31, 2025
    • Pension RAUM · $36.3M to $59.8M
      Apr 19, 2024 to Jan 31, 2025
    • RAUM · $301M to $418M
      Apr 19, 2024 to Jan 31, 2025
    • Accounts · 884 to 1,064
      Aug 8, 2023 to Feb 9, 2024
    • Corporate clients · 7 to 11
      Aug 8, 2023 to Feb 9, 2024
    • HNW clients · 42 to 59
      Aug 8, 2023 to Feb 9, 2024
    • Individual clients · 421 to 442
      Aug 8, 2023 to Feb 9, 2024
    • Pension plan clients · unset to 51.0
      Aug 8, 2023 to Feb 9, 2024
    • Discretionary RAUM · $229M to $301M
      Aug 8, 2023 to Feb 9, 2024
    • HNW RAUM · $123M to $155M
      Aug 8, 2023 to Feb 9, 2024
    • Individual RAUM · $105M to $108M
      Aug 8, 2023 to Feb 9, 2024
    • Pension RAUM · unset to 36311756.0
      Aug 8, 2023 to Feb 9, 2024
    • RAUM · $229M to $301M
      Aug 8, 2023 to Feb 9, 2024
    • Accounts · 428 to 884
      Sep 1, 2022 to Mar 15, 2023
    • Advisory employees · 6 to 7
      Sep 1, 2022 to Mar 15, 2023
    Signals
    4 dated events
    • Theodore Joseph Haggerty left Prospect Financial Services Llc for Janney Montgomery Scott Llc (registered 2026-04-06)
      Apr 6, 2026 · Advisor changed firm · fact
    • Luciano Santino Marciano left Prospect Financial Services Llc for Equitable Advisors, Llc (registered 2025-04-28)
      Dec 15, 2025 · Advisor changed firm · fact
    • Prospect Financial Services Llc reported RAUM $418.1M, up 39% from $300.8M (2024-04-19 to 2025-01-31)
      Jan 31, 2025 · RAUM change · derived
    • Prospect Financial Services Llc filed its initial SEC registration (Form ADV)
      Jul 29, 2021 · First SEC registration · fact
    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
    Business phone
    631-223-4769reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    631-424-5218reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    631-629-4579reportedpublished by the firm, firm site, Sep 15, 2026
    Website
    profinserv.netreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    631-424-5218reportedpublic record, Form ADV, Mar 9, 2026
    Contact form
    profinserv.net/contactreportedpublished by the firm, firm site, Sep 15, 2026
    Team page
    profinserv.net/meet-the-teamreportedpublished by the firm, firm site, Sep 15, 2026
    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
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $47.9Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026