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Prism Financial Group
Founded in 1988 in Overland Park, Kansas, Prism Financial Group built its practice around financial planning and disciplined investment strategies for...
Prism Financial Group
Founded in 1988 in Overland Park, Kansas, Prism Financial Group built its practice around financial planning and disciplined investment strategies for individuals and high-net-worth entities. It held registration as an investment advisor, positioning itself as a professional, fee-based fiduciary rather than a product distributor. The firm emphasized a collaborative, team-based method for constructing financial plans tailored to client goals. Prism’s services concentrated on wealth preservation and growth through portfolio management, though the asset-class mix, specific investment vehicles, and stage coverage were not publicly detailed on its materials. The firm did not disclose named portfolio companies, direct co-investment structures, or usage of fund-of-funds. Its geographic footprint centered on the Kansas City metropolitan area, operating from a single office in Overland Park. No figures for total assets under management or aggregate deployment were published. Staff headcount and the existence of adjacent vehicles — such as philanthropic arms, club memberships, or spin-out funds — were not identified in available sources. The acquisition by Aprio Wealth Management LLC, a division of top-25 advisory and accounting firm Aprio, marks the operational transition reshaping the practice. A structural differentiator is difficult to isolate given the limited public disclosures. The firm's posture as a planning-led, team-advised wealth manager contrasts with brokerage-sales models common in the region. How governance and client-service roles evolved post-acquisition remains unstated in currently available materials.
General information
Firm type
Bank / Wealth / Trust
Year founded
1988
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Overland Park
Corporate office
7101 College Boulevard Suite 900, Overland Park, KS 66210, United States
Frequently asked questions
What is the current operational status of Prism Financial Group?
Prism Financial Group has been acquired by Aprio, a business advisory and accounting firm, and now operates as Aprio Wealth Management LLC. Its website and contact information reflect the new branding and email domain (aprio.com). The acquisition was disclosed on the firm’s own website, indicating integration into Aprio's broader professional services platform.
How does Prism Financial Group charge for its services?
The firm positions itself as a professional advisor providing financial planning and investment management, indicating a fee-based or advisory relationship rather than a commission-driven sales model. Specific fee schedules, such as AUM-based percentages or retainer models, were not disclosed in available materials. Inquiries would go to the new Aprio Wealth Management entity for current terms.
What types of clients does the firm serve?
Prism served individuals, high-net-worth individuals, and various entities, according to Altss research. The website emphasized clients who are highly motivated to work with a professional advisor rather than a sales representative. Post-acquisition, Aprio’s broader client base may expand the service scope, but specifics on client segmentation under Aprio Wealth Management are not yet detailed.
Does the firm manage discretionary portfolios?
As a registered investment advisor, Prism provided portfolio management services, implying it exercised discretion over client assets under an advisory agreement. The website describes disciplined investment strategies, though it does not separate discretionary from non-discretionary mandates. Detailed investment policy or platform information is unavailable.
Who leads investment decisions at the firm?
The firm utilized a team approach to analyze and develop client financial plans, but no named investment committee members, CIO, or individual portfolio managers appear on the scraped website or Altss record. The sole named contact in the source material is Tim Shmidl, with an email at the Aprio domain, though his specific role is not stated.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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