{
  "crd_number": 156480,
  "slug": "prosperity-capital-advisors-westlake-oh-156480",
  "primary_business_name": "PROSPERITY CAPITAL ADVISORS",
  "legal_name": "C2P CAPITAL ADVISORY GROUP, LLC",
  "dbas": [],
  "city": "Westlake",
  "state": "OH",
  "country": "United States",
  "cbsa_code": "17410",
  "metro": {
    "cbsa_code": "17410",
    "common_name": "Cleveland",
    "msa_name": "Cleveland, OH",
    "path": "/advisors/oh/cleveland"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2011-03-22",
  "years_registered": 15,
  "period": "2026-10-01",
  "filing_date": "2026-03-23",
  "carried_forward": false,
  "raum_total": 4385706161.0,
  "raum_discretionary": 4385706161.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 244,
  "advisory_employees": 98,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 2493534.0,
      "count": 24
    },
    "individuals": {
      "raum": 1688475606.0,
      "count": 6479
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 540669441.0,
      "count": 1,
      "fewer_than_5": true
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 32824646.0,
      "count": 29
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 2091547342.0,
      "count": 990
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 29695592.0,
      "count": 25
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DE",
    "FL",
    "GA",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "NC",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "WA",
    "WI"
  ],
  "websites": [
    "https://facebook.com/PROSPERITYCAPITALAdvisors",
    "https://linkedin.com/company/prosperity-capital-advisors",
    "https://prosperitycapitaladvisors.com",
    "https://twitter.com/prosperityca",
    "https://youtube.com/channel/UCILWo02doDMGFrN0-N2z-Lw"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/156480",
  "city_as_filed": "WESTLAKE",
  "url": "https://advisorcensus.com/firm/prosperity-capital-advisors-westlake-oh-156480",
  "display_name": "Prosperity Capital Advisors",
  "summary": "Prosperity Capital Advisors is an SEC-registered investment advisory firm in Westlake, OH, registered since 2011, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 23, 2026.",
  "citation": "AdvisorCensus. Prosperity Capital Advisors (CRD 156480): 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",
    "Selection of other advisers (including private fund managers)",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Prosperity Capital Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Prosperity Capital Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Prosperity Capital Advisors located?",
      "a": "Prosperity Capital Advisors' principal office is in Westlake, OH, according to its Form ADV; the April 2026 filing also lists 24 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Prosperity Capital Advisors registered with the SEC or a state?",
      "a": "Prosperity Capital Advisors is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 156480."
    },
    {
      "q": "How much does Prosperity Capital Advisors manage?",
      "a": "Prosperity Capital Advisors reports $4,385,706,161 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (100% discretionary)."
    },
    {
      "q": "How have Prosperity Capital Advisors' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Prosperity Capital Advisors: Regulatory assets under management: $1,487,447,874 in the October 2021 data and $4,385,706,161 in the October 2026 data, up 195%. Total employees: 83 in October 2021 and 244 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Prosperity Capital Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (6,479); high net worth individuals (990); pension and profit sharing plans (but not the plan participants or government pension plans) (29)."
    },
    {
      "q": "Which custodians does Prosperity Capital Advisors use?",
      "a": "Prosperity Capital Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Assetmark Brokerage, LLC, Charles Schwab & Co., Inc., Fidelity Distributors Company LLC and Northern Trust Company as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Prosperity Capital Advisors 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/156480"
    },
    {
      "q": "What changed in Prosperity Capital Advisors' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 102 to 98. Regulatory assets under management went from $3,684,966,200 to $4,385,706,161 (+19%). Added an office in Alachua, FL. Added an office in Carmel, IN. Added an office in Charleston, SC. Added an office in Cumming, GA. Added an office in Fishkill, NY. Added an office in Hauppage, NY. Added an office in Ottumwa, IA. Added an office in Spokane Valley, WA. No longer lists an office in Grass Valley, CA. No longer lists an office in Hampton, IA. No longer lists an office in Mount Pleasant, SC. No longer lists an office in Newberry, FL. No longer lists an office in Red Bank, NJ. No longer lists an office in Sewell, NJ. No longer lists an office in Smithtown, NY. No longer lists an office in St. Louis, MO. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1487447874.0,
      "total_employees": 83,
      "filing_date": "2021-05-03"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1770873369.0,
      "total_employees": 127,
      "filing_date": "2022-08-17"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1712428969.0,
      "total_employees": 143,
      "filing_date": "2023-09-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 2245308171.0,
      "total_employees": 202,
      "filing_date": "2024-09-18"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 3684966200.0,
      "total_employees": 202,
      "filing_date": "2025-05-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 4385706161.0,
      "total_employees": 244,
      "filing_date": "2026-03-23"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 102 to 98.",
        "Regulatory assets under management went from $3,684,966,200 to $4,385,706,161 (+19%).",
        "Added an office in Alachua, FL.",
        "Added an office in Carmel, IN.",
        "Added an office in Charleston, SC.",
        "Added an office in Cumming, GA.",
        "Added an office in Fishkill, NY.",
        "Added an office in Hauppage, NY.",
        "Added an office in Ottumwa, IA.",
        "Added an office in Spokane Valley, WA.",
        "No longer lists an office in Grass Valley, CA.",
        "No longer lists an office in Hampton, IA.",
        "No longer lists an office in Mount Pleasant, SC.",
        "No longer lists an office in Newberry, FL.",
        "No longer lists an office in Red Bank, NJ.",
        "No longer lists an office in Sewell, NJ.",
        "No longer lists an office in Smithtown, NY.",
        "No longer lists an office in St. Louis, MO.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in ME."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 23, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "$150",
    "figures": [
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $150"
        ],
        "quotes": [
          "Minimum Annual Fee – $150.00 per year and is billed on a monthly basis."
        ]
      }
    ],
    "quotes": [
      "Minimum Annual Fee – $150.00 per year and is billed on a monthly basis."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Assetmark Brokerage, LLC",
      "name_as_filed": "ASSETMARK BROKERAGE, LLC",
      "affiliated": false
    },
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Distributors Company LLC",
      "name_as_filed": "FIDELITY DISTRIBUTORS COMPANY LLC",
      "affiliated": false
    },
    {
      "name": "Northern Trust Company",
      "name_as_filed": "NORTHERN TRUST COMPANY",
      "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/prosperity-capital-advisors-westlake-oh-156480.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 6479,
      "fewer_than_5": false,
      "raum": 1688475606.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 990,
      "fewer_than_5": false,
      "raum": 2091547342.0
    },
    {
      "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": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "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": 32824646.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 24,
      "fewer_than_5": false,
      "raum": 2493534.0
    },
    {
      "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": 1,
      "fewer_than_5": true,
      "raum": 540669441.0
    },
    {
      "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": 25,
      "fewer_than_5": false,
      "raum": 29695592.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/156480",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}