Asset ManagerRIA · CRD 336091SEC-Registered

Updated:

Prosperity Financial Group

PROSPERITY FINANCIAL GROUP is an SEC-registered investment adviser in SPRINGFIELD, MO. The firm manages approximately $98 million in regulatory assets.

Prosperity Financial Group

PROSPERITY FINANCIAL GROUP is an SEC-registered investment adviser in SPRINGFIELD, MO. The firm manages approximately $98 million in regulatory assets. It has 3 employees and 2 investment advisers.

General information

Firm type

Asset Manager

Year founded

1996

Location

Region

North America

Country

United States

City

San Ramon

Corporate office

San Ramon, CA, United States

Principals

Elliot Kallen

President

Sector focus

Wealth ManagementRetirement PlanningTax PlanningInvestment Management

Frequently asked questions

Who runs investment decisions at Prosperity Financial Group?

Founder and President Elliot Kallen serves as the firm's sole investment decision-maker. He constructs portfolios and writes financial plans directly for each client household. There is no investment committee or separate chief investment officer.

What is Prosperity Financial Group's regulatory structure?

Prosperity Financial Group operates as a registered investment advisor (RIA) and files Form ADV with the SEC. The firm's most recent public filing reports regulatory assets under management above $210 million. It does not operate a broker-dealer or conduct commission-based business.

Does Prosperity Financial Group manage institutional capital?

No. Prosperity serves individual families, corporate executives, business owners, and retirees. There is no institutional separate account or pooled-vehicle program. The firm does not pursue mandates from endowments, foundations, or pension funds.

How does Prosperity construct client portfolios?

Portfolios are built around individual equities, bonds, and cash-equivalent instruments with a strong tax-management overlay. Kallen emphasizes long-term strategic allocations rather than frequent tactical adjustments. The firm avoids concentrated alternative-asset commitments and structured products.

What non-investment services does the firm provide?

Prosperity bundles investment management with income-tax preparation, retirement-distribution modeling, and long-term care planning. Insurance-coordination services include life, disability, and long-term care policy review. The firm does not operate a standalone tax practice or sell insurance products for commission.

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