{
  "crd_number": 315768,
  "slug": "prosperitas-financial-llc-valencia-ca-315768",
  "primary_business_name": "PROSPERITAS FINANCIAL, LLC",
  "legal_name": "PROSPERITAS FINANCIAL, LLC",
  "dbas": [
    "BROWN ASSET MANAGEMENT"
  ],
  "city": "Valencia",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-08-30",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-09-09",
  "carried_forward": false,
  "raum_total": 812462629.0,
  "raum_discretionary": 695432428.0,
  "raum_non_discretionary": 117030201.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 33,
  "advisory_employees": 23,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 359063377.0,
      "count": 1595
    },
    "investment_companies": {
      "raum": 16954139.0,
      "count": 172
    },
    "pension_profit_sharing": {
      "raum": 98050058.0,
      "count": 219
    },
    "high_net_worth_individuals": {
      "raum": 336369051.0,
      "count": 150
    },
    "pooled_investment_vehicles": {
      "raum": 2026004.0,
      "count": 2
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AR",
    "AZ",
    "CA",
    "CO",
    "FL",
    "ID",
    "IL",
    "LA",
    "NC",
    "NE",
    "NV",
    "NY",
    "OK",
    "OR",
    "TN",
    "TX",
    "UT",
    "VA",
    "WA"
  ],
  "websites": [
    "https://facebook.com/Prosperitasfin",
    "https://linkedin.com/company/prosperitasfin",
    "https://prosperitasfin.com",
    "https://twitter.com/ProsperitasFin",
    "https://youtube.com/channel/UCsrIrXfEKfI_g2-3VS3sanA"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/315768",
  "city_as_filed": "VALENCIA",
  "url": "https://advisorcensus.com/firm/prosperitas-financial-llc-valencia-ca-315768",
  "display_name": "Prosperitas Financial, LLC",
  "summary": "Prosperitas Financial, LLC is an SEC-registered investment advisory firm in Valencia, CA, registered since 2021, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 9, 2026.",
  "citation": "AdvisorCensus. Prosperitas Financial, LLC (CRD 315768): 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",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Prosperitas Financial, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Prosperitas Financial, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Prosperitas Financial, LLC located?",
      "a": "Prosperitas Financial, LLC's principal office is in Valencia, CA, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Prosperitas Financial, LLC registered with the SEC or a state?",
      "a": "Prosperitas Financial, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 315768."
    },
    {
      "q": "How much does Prosperitas Financial, LLC manage?",
      "a": "Prosperitas Financial, LLC reports $812,462,629 in regulatory assets under management in its Form ADV filing dated September 9, 2026 (86% discretionary)."
    },
    {
      "q": "How have Prosperitas Financial, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Prosperitas Financial, LLC: Regulatory assets under management: $0 in the October 2021 data and $812,462,629 in the October 2026 data. Total employees: 8 in October 2021 and 33 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Prosperitas Financial, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,595); pension and profit sharing plans (but not the plan participants or government pension plans) (219); investment companies (172)."
    },
    {
      "q": "Which custodians does Prosperitas Financial, LLC use?",
      "a": "Prosperitas Financial, 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 Prosperitas Financial, 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/315768"
    },
    {
      "q": "What changed in Prosperitas Financial, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 16 to 23. Regulatory assets under management went from $612,704,601 to $812,462,629 (+33%). Added an office in Valencia, CA. No longer lists an office in Woodland Hills, CA. Registered or notice-filed in NC, OK, VA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 8,
      "filing_date": "2021-08-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 114429666.0,
      "total_employees": 8,
      "filing_date": "2022-09-23"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 221789751.0,
      "total_employees": 15,
      "filing_date": "2023-03-09"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 391785314.0,
      "total_employees": 15,
      "filing_date": "2024-03-15"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 612704601.0,
      "total_employees": 19,
      "filing_date": "2025-06-02"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 812462629.0,
      "total_employees": 33,
      "filing_date": "2026-09-09"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 16 to 23.",
        "Regulatory assets under management went from $612,704,601 to $812,462,629 (+33%).",
        "Added an office in Valencia, CA.",
        "No longer lists an office in Woodland Hills, CA.",
        "Registered or notice-filed in NC, OK, VA."
      ]
    }
  ],
  "fees_from_brochure": null,
  "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/prosperitas-financial-llc-valencia-ca-315768.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1595,
      "fewer_than_5": false,
      "raum": 359063377.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 150,
      "fewer_than_5": false,
      "raum": 336369051.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 172,
      "fewer_than_5": false,
      "raum": 16954139.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 2026004.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 219,
      "fewer_than_5": false,
      "raum": 98050058.0
    }
  ],
  "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/315768",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}