{
  "crd_number": 288641,
  "slug": "prevail-innovative-wealth-advisors-llc-leawood-ks-288641",
  "primary_business_name": "PREVAIL INNOVATIVE WEALTH ADVISORS, LLC",
  "legal_name": "PREVAIL INNOVATIVE WEALTH ADVISORS, LLC",
  "dbas": [
    "PREVAIL IWA",
    "PREVAIL RETIREMENT SOLUTIONS"
  ],
  "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": "2022-04-19",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-09-30",
  "carried_forward": false,
  "raum_total": 931844457.0,
  "raum_discretionary": 926056034.0,
  "raum_non_discretionary": 5788423.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 41,
  "advisory_employees": 31,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 126079.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 210621609.0,
      "count": 626
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 239881887.0,
      "count": 29
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 450521493.0,
      "count": 162
    },
    "pooled_investment_vehicles": {
      "raum": 21200000.0,
      "count": 1
    },
    "corporations_other_businesses": {
      "raum": 9493389.0,
      "count": 4,
      "fewer_than_5": true
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "commissions",
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "pension_consulting",
    "periodicals_newsletters",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 2,
  "states_registered": [
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "FL",
    "GA",
    "IA",
    "IL",
    "KS",
    "MD",
    "MI",
    "MO",
    "NC",
    "NE",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "SC",
    "TN",
    "TX",
    "VA",
    "WA"
  ],
  "websites": [
    "https://careersatprevail.com",
    "https://facebook.com/prevailiws",
    "https://instagram.com/prevailiws",
    "https://linkedin.com/company/prevailiws",
    "https://prevailiws.com",
    "https://prevailprivatecapital.com",
    "https://twitter.com/PrevailIWS",
    "https://youtube.com/@prevailinnovativewealthstr4181"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/288641",
  "disclosure_items": [
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    },
    {
      "item": "11.E(4)",
      "question": "Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?"
    }
  ],
  "city_as_filed": "LEAWOOD",
  "url": "https://advisorcensus.com/firm/prevail-innovative-wealth-advisors-llc-leawood-ks-288641",
  "display_name": "Prevail Innovative Wealth Advisors, LLC",
  "summary": "Prevail Innovative Wealth Advisors, LLC is an SEC-registered investment advisory firm in Leawood, KS, registered since 2022, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 30, 2026.",
  "citation": "AdvisorCensus. Prevail Innovative Wealth Advisors, LLC (CRD 288641): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Commissions",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Publication of periodicals or newsletters",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Prevail Innovative Wealth Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Prevail Innovative Wealth Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); commissions; performance-based fees."
    },
    {
      "q": "Where is Prevail Innovative Wealth Advisors, LLC located?",
      "a": "Prevail Innovative Wealth Advisors, LLC's principal office is in Leawood, KS, according to its Form ADV; the October 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Prevail Innovative Wealth Advisors, LLC registered with the SEC or a state?",
      "a": "Prevail Innovative Wealth Advisors, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 288641."
    },
    {
      "q": "How much does Prevail Innovative Wealth Advisors, LLC manage?",
      "a": "Prevail Innovative Wealth Advisors, LLC reports $931,844,457 in regulatory assets under management in its Form ADV filing dated September 30, 2026 (99% discretionary)."
    },
    {
      "q": "How have Prevail Innovative Wealth Advisors, LLC's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Prevail Innovative Wealth Advisors, LLC: Regulatory assets under management: $196,196,793 in the October 2022 data and $931,844,457 in the October 2026 data, up 375%. Total employees: 20 in October 2022 and 41 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Prevail Innovative Wealth Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (626); high net worth individuals (162); pension and profit sharing plans (but not the plan participants or government pension plans) (29)."
    },
    {
      "q": "Which custodians does Prevail Innovative Wealth Advisors, LLC use?",
      "a": "Prevail Innovative Wealth Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Prevail Innovative Wealth Advisors, LLC report any disciplinary disclosures?",
      "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation) and 11.E(4) (self-regulatory organization's expulsion, suspension, bar, or restriction). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/288641"
    },
    {
      "q": "Does Prevail Innovative Wealth Advisors, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated April 28, 2026 says: \"There is no minimum investment amount required for establishing an account with us.\""
    },
    {
      "q": "What changed in Prevail Innovative Wealth Advisors, LLC's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Registered or notice-filed in AL, AR, IL, MI, NC, NY, OR, SC, WA."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 196196793.0,
      "total_employees": 20,
      "filing_date": "2022-05-18"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 263670634.0,
      "total_employees": 26,
      "filing_date": "2023-06-16"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 501247968.0,
      "total_employees": 33,
      "filing_date": "2024-08-23"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 815418771.0,
      "total_employees": 45,
      "filing_date": "2025-06-12"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 931844457.0,
      "total_employees": 41,
      "filing_date": "2026-09-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Registered or notice-filed in AL, AR, IL, MI, NC, NY, OR, SC, WA."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 33 to 31.",
        "Regulatory assets under management went from $815,418,771 to $931,844,457 (+14%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 28, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "There is no minimum investment amount required for establishing an account with us."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "There is no minimum investment amount required for establishing an account with us."
    ],
    "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
    }
  ],
  "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/prevail-innovative-wealth-advisors-llc-leawood-ks-288641.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 626,
      "fewer_than_5": false,
      "raum": 210621609.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 162,
      "fewer_than_5": false,
      "raum": 450521493.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 21200000.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 29,
      "fewer_than_5": false,
      "raum": 239881887.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 126079.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 4,
      "fewer_than_5": true,
      "raum": 9493389.0
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "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/288641",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}