{
  "crd_number": 339211,
  "slug": "prairie-advisory-llc-leawood-ks-339211",
  "primary_business_name": "PRAIRIE ADVISORY, LLC",
  "legal_name": "PRAIRIE ADVISORY, LLC",
  "dbas": [
    "PASCHANG & ASSOCIATES",
    "WILBORN ADVISORS"
  ],
  "city": "Leawood",
  "state": "KS",
  "country": "United States",
  "cbsa_code": "28140",
  "metro": {
    "cbsa_code": "28140",
    "common_name": "Kansas City",
    "msa_name": "Kansas City, MO-KS",
    "path": "/advisors/mo/kansas-city"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2026-02-13",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-09-30",
  "carried_forward": false,
  "raum_total": 554260000.0,
  "raum_discretionary": 554260000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 12,
  "advisory_employees": 9,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 554260000.0,
      "count": 625,
      "description": "TO BE ALLOCATED AT YEAR END"
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "KS",
    "LA",
    "MO",
    "NE",
    "TX"
  ],
  "websites": [
    "https://prairieadvisoryllc.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/339211",
  "city_as_filed": "LEAWOOD",
  "url": "https://advisorcensus.com/firm/prairie-advisory-llc-leawood-ks-339211",
  "display_name": "Prairie Advisory, LLC",
  "summary": "Prairie Advisory, LLC is an SEC-registered investment advisory firm in Leawood, KS, registered since 2026, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 30, 2026.",
  "citation": "AdvisorCensus. Prairie Advisory, LLC (CRD 339211): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Prairie Advisory, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Prairie Advisory, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Prairie Advisory, LLC located?",
      "a": "Prairie Advisory, LLC's principal office is in Leawood, KS, according to its Form ADV; the October 2026 filing also lists 3 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Prairie Advisory, LLC registered with the SEC or a state?",
      "a": "Prairie Advisory, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 339211."
    },
    {
      "q": "How much does Prairie Advisory, LLC manage?",
      "a": "Prairie Advisory, LLC reports $554,260,000 in regulatory assets under management in its Form ADV filing dated September 30, 2026 (100% discretionary)."
    },
    {
      "q": "What types of clients does Prairie Advisory, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: other (625)."
    },
    {
      "q": "Which custodians does Prairie Advisory, LLC use?",
      "a": "Prairie Advisory, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and LPL Financial LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Prairie Advisory, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/339211"
    },
    {
      "q": "Does Prairie Advisory, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated January 2, 2026 says: \"For its services, Prairie Advisory does not require a minimum dollar value in assets for establishing or maintaining a client’s account, but the firm reserves the right to decline engagements for various reasons including account size.\""
    },
    {
      "q": "What changed in Prairie Advisory, LLC's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Employees performing advisory functions went from 6 to 9."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Employees performing advisory functions went from 6 to 9."
      ]
    },
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Registered or notice-filed in CA, FL, LA, MO, NE."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Newly registered with the SEC."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated January 2, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "For its services, Prairie Advisory does not require a minimum dollar value in assets for establishing or maintaining a client’s account, but the firm reserves the right to decline engagements for various reasons including account size."
        ]
      }
    ],
    "quotes": [
      "For its services, Prairie Advisory does not require a minimum dollar value in assets for establishing or maintaining a client’s account, but the firm reserves the right to decline engagements for various reasons including account size."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "LPL Financial LLC",
      "name_as_filed": "LPL FINANCIAL LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/prairie-advisory-llc-leawood-ks-339211.md",
  "clients": [
    {
      "type": "other",
      "label": "Other",
      "count": 625,
      "fewer_than_5": false,
      "raum": 554260000.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/339211",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}
