# Prosperity Financial Group

Prosperity Financial Group is an Asset Manager based in San Ramon, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** San Ramon, United States
- **Region:** North America
- **Address:** San Ramon, CA, United States
- **Founded:** 1996
- **Assets under management:** Less than $500 million (Altss estimate)
- **Website:** prosperityfinancialgroup.com
- **LinkedIn:** https://www.linkedin.com/company/prosfingroup

## Regulatory record

- **CRD number:** 336091
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/336091

## About

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

## Sectors

- Wealth Management
- Retirement Planning
- Tax Planning
- Investment Management

## People

- Elliot Kallen — President

## 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.

## Related profiles

- [PROSUS WEALTH MANAGEMENT](https://altss.com/profile/prosus-wealth-management)

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Last updated: 2026-07-09T01:07:37.114Z

Canonical page: https://altss.com/profile/prosperity-financial-group

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