AdvisorCensus / Financial advisors / Arizona / Phoenix / Prosper Private Wealth
Prosper Private Wealth
Filed as PROSPER PRIVATE WEALTH · Legal name Prosper Private Wealth, LLC
Prosper Private Wealth is an SEC-registered investment advisory firm in Mesa, AZ, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 2, 2026.
Quick answers
From the filingHow is Prosper Private Wealth compensated?
On its Form ADV (Item 5.E, October 2026), Prosper Private Wealth reports these compensation arrangements: a percentage of assets under its management; hourly charges; performance-based fees.
What does Prosper Private Wealth's brochure say about its fees?
Its Form ADV Part 2A brochure dated May 12, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Prosper Private Wealth located?
Prosper Private Wealth's principal office is in Mesa, AZ, according to its Form ADV.
Is Prosper Private Wealth registered with the SEC or a state?
Prosper Private Wealth is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 333708.
How much does Prosper Private Wealth manage?
Prosper Private Wealth reports $150,821,334 in regulatory assets under management in its Form ADV filing dated September 2, 2026 (100% discretionary).
How have Prosper Private Wealth's assets and staff changed since 2025?
In the Form ADV data for Prosper Private Wealth: Regulatory assets under management: $112,686,573 in the October 2025 data and $150,821,334 in the October 2026 data, up 34%. Total employees: 3 in October 2025 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Prosper Private Wealth serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (32); individuals (other than high net worth individuals) (19).
Which custodians does Prosper Private Wealth use?
Prosper Private Wealth's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets.
Does Prosper Private Wealth 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/333708
Does Prosper Private Wealth state an account minimum?
Its Form ADV Part 2A brochure dated May 12, 2026 says: "Our Firm typically requires a minimum account size of $1,000,000 for advisory accounts. However, sometimes, at our sole discretion, we may accept smaller accounts based on various criteria"
What changed in Prosper Private Wealth's recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 3 to 2. Regulatory assets under management went from $112,686,573 to $150,821,334 (+34%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: up to 2% of assets a year (the maximum the brochure states)
The brochure's wording
Our Firm offers investment management services for an annual fee based on the amount of assets under management. Our maximum annual fee can be up to 2.00%, and we have a minimum account size of $1,000,000.
Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
Our Firm typically requires a minimum account size of $1,000,000 for advisory accounts. However, sometimes, at our sole discretion, we may accept smaller accounts based on various criteria
As stated in the firm's Form ADV Part 2A brochure dated May 12, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$150,821,334 as of October 2026, filing dated September 2, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Legal name
- Prosper Private Wealth, LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2025 (1 year)
- Employees
- Total: 3. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
5 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $150,821,334 | 3 | September 2, 2026 |
| October 2025 | $112,686,573 | 3 | March 4, 2025 |
Regulatory assets under management: $112,686,573 in the October 2025 data and $150,821,334 in the October 2026 data, up 34%.
Total employees: 3 in October 2025 and 3 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 3 to 2.
- Regulatory assets under management went from $112,686,573 to $150,821,334 (+34%).
- February 2026
- Registered or notice-filed in CA, NH.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Prosper Private Wealth (CRD 333708): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/prosper-private-wealth-mesa-az-333708