# Prairie Advisory, LLC

> 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.

- CRD: 339211
- Filed as: PRAIRIE ADVISORY, LLC
- Also doing business as: PASCHANG & ASSOCIATES, WILBORN ADVISORS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Leawood, KS
- Filing period: October 2026
- Form ADV filing dated: September 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/339211
- AdvisorCensus page: https://advisorcensus.com/firm/prairie-advisory-llc-leawood-ks-339211

## Quick answers

**How is Prairie Advisory, LLC compensated?**
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).

**Where is Prairie Advisory, LLC located?**
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).

**Is Prairie Advisory, LLC registered with the SEC or a state?**
Prairie Advisory, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 339211.

**How much does Prairie Advisory, LLC manage?**
Prairie Advisory, LLC reports $554,260,000 in regulatory assets under management in its Form ADV filing dated September 30, 2026 (100% discretionary).

**What types of clients does Prairie Advisory, LLC serve?**
By number of clients on Form ADV Item 5.D: other (625).

**Which custodians does Prairie Advisory, LLC use?**
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.

**Does Prairie Advisory, LLC report any disciplinary disclosures?**
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

**Does Prairie Advisory, LLC state an account minimum?**
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."

**What changed in Prairie Advisory, LLC's recent Form ADV filings?**
In the July 2026 filing data: Employees performing advisory functions went from 6 to 9.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated January 2, 2026)

- Account minimum: None

> 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.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- LPL Financial LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $554,260,000
- Discretionary: $554,260,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Other | 625 | $554,260,000 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services

### Firm details
- Registered since: 2026 (0 years)
- Employees: 12 total, 9 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, KS, LA, MO, NE, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Blue Springs, MO
- Hays, KS
- Houston, TX

### Websites listed on Form ADV (Item 1.I)
- prairieadvisoryllc.com

## Changes in the filing (last 12 months)

### July 2026
- Employees performing advisory functions went from 6 to 9.

### May 2026
- Registered or notice-filed in CA, FL, LA, MO, NE.

### March 2026
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Prairie Advisory, LLC (CRD 339211): Form ADV filing data as of October 2026.