# Prosperitas Financial, LLC

> 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.

- CRD: 315768
- Filed as: PROSPERITAS FINANCIAL, LLC
- Also doing business as: BROWN ASSET MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Valencia, CA
- Filing period: October 2026
- Form ADV filing dated: September 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/315768
- AdvisorCensus page: https://advisorcensus.com/firm/prosperitas-financial-llc-valencia-ca-315768

## Quick answers

**How is Prosperitas Financial, LLC compensated?**
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).

**Where is Prosperitas Financial, LLC located?**
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).

**Is Prosperitas Financial, LLC registered with the SEC or a state?**
Prosperitas Financial, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 315768.

**How much does Prosperitas Financial, LLC manage?**
Prosperitas Financial, LLC reports $812,462,629 in regulatory assets under management in its Form ADV filing dated September 9, 2026 (86% discretionary).

**How have Prosperitas Financial, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Prosperitas Financial, LLC serve?**
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).

**Which custodians does Prosperitas Financial, LLC use?**
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.

**Does Prosperitas Financial, 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/315768

**What changed in Prosperitas Financial, LLC's recent Form ADV filings?**
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.

## From the Form ADV filing

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

### 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: $812,462,629
- Discretionary: $695,432,428
- Non-discretionary: $117,030,201

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,595 | $359,063,377 |
| High net worth individuals | 150 | $336,369,051 |
| Investment companies | 172 | $16,954,139 |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $2,026,004 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 219 | $98,050,058 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 33 total, 23 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AR, AZ, CA, CO, FL, ID, IL, LA, NC, NE, NV, NY, OK, OR, TN, TX, UT, VA, WA
- 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
- Valencia, CA

### Websites listed on Form ADV (Item 1.I)
- prosperitasfin.com
- Facebook @Prosperitasfin
- LinkedIn @prosperitasfin
- X @ProsperitasFin
- YouTube @UCsrIrXfEKfI_g2-3VS3sanA

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $0 | 8 | August 30, 2021 |
| October 2022 | $114,429,666 | 8 | September 23, 2022 |
| October 2023 | $221,789,751 | 15 | March 9, 2023 |
| October 2024 | $391,785,314 | 15 | March 15, 2024 |
| October 2025 | $612,704,601 | 19 | June 2, 2025 |
| October 2026 | $812,462,629 | 33 | September 9, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- 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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Prosperitas Financial, LLC (CRD 315768): Form ADV filing data as of October 2026.