# Prospect Financial Group LLC

> Prospect Financial Group LLC is an SEC-registered investment advisory firm, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 14, 2026.

- CRD: 133953
- Filed as: PROSPECT FINANCIAL GROUP LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: July 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/133953
- AdvisorCensus page: https://advisorcensus.com/firm/prospect-financial-group-llc-133953

## Quick answers

**How is Prospect Financial Group LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Prospect Financial Group LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Prospect Financial Group LLC charge?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Hourly rate: $350 an hour (Senior Advisor); Subscription: $500 to $2,500 a quarter (financial planning services); Flat fee: $5,000 to $10,000 (financial plans). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Is Prospect Financial Group LLC registered with the SEC or a state?**
Prospect Financial Group LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 133953.

**How much does Prospect Financial Group LLC manage?**
Prospect Financial Group LLC reports $204,400,000 in regulatory assets under management in its Form ADV filing dated July 14, 2026 (100% discretionary).

**How have Prospect Financial Group LLC's assets and staff changed since 2022?**
In the Form ADV data for Prospect Financial Group LLC: Regulatory assets under management: $119,100,000 in the October 2022 data and $204,400,000 in the October 2026 data, up 72%. Total employees: 1 in October 2022 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Prospect Financial Group LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (39); individuals (other than high net worth individuals) (9).

**Which custodians does Prospect Financial Group LLC use?**
Prospect Financial Group 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.

**Does Prospect Financial Group 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/133953

**What changed in Prospect Financial Group LLC's recent Form ADV filings?**
In the August 2026 filing data: Employees performing advisory functions went from 1 to 2. Registered or notice-filed in IL.

## 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 March 31, 2026)

- Hourly rate: $350 an hour (Senior Advisor)

> Current hourly fees are $350 for a Senior Advisor, $125 for a Financial Planner, and $75 for a Customer Service Associate

- Subscription: $500 to $2,500 a quarter (financial planning services)

> Subscription fees are charged at the end of each quarter and typically range from $500-$2500 based on the client’s net worth and the complexity of the services provided.

- Flat fee: $5,000 to $10,000 (financial plans)

> Fixed fees for financial plans are typically $5,000-$10,000 and vary based on the component services included and the complexity of the client situation.

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.

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: $204,400,000
- Discretionary: $204,400,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 9 | $2,900,000 |
| High net worth individuals | 39 | $201,500,000 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, IL, PA, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [prospect-group.com](https://prospect-group.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $119,100,000 | 1 | March 17, 2022 |
| October 2023 | $140,900,000 | 1 | January 26, 2023 |
| October 2024 | $159,400,000 | 1 | March 15, 2024 |
| October 2025 | $175,900,000 | 1 | February 12, 2025 |
| October 2026 | $204,400,000 | 2 | July 14, 2026 |

Regulatory assets under management: $119,100,000 in the October 2022 data and $204,400,000 in the October 2026 data, up 72%.
Total employees: 1 in October 2022 and 2 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Employees performing advisory functions went from 1 to 2.
- Registered or notice-filed in IL.

### April 2026
- Regulatory assets under management went from $175,900,000 to $204,400,000 (+16%).
- Registered or notice-filed in TX.

### February 2026
- Registered or notice-filed in PA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Prospect Financial Group LLC (CRD 133953): Form ADV filing data as of October 2026.