{
  "crd_number": 283776,
  "slug": "prota-financial-houston-tx-283776",
  "primary_business_name": "PROTA FINANCIAL",
  "legal_name": "PROTA FINANCIAL, LLC",
  "dbas": [
    "PROTA"
  ],
  "city": "Houston",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "26420",
  "metro": {
    "cbsa_code": "26420",
    "common_name": "Houston",
    "msa_name": "Houston-Pasadena-The Woodlands, TX",
    "path": "/advisors/tx/houston"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-06-16",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-02-26",
  "carried_forward": false,
  "raum_total": 270372201.0,
  "raum_discretionary": 270372201.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 13,
  "advisory_employees": 13,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 121141356.0,
      "count": 588
    },
    "high_net_worth_individuals": {
      "raum": 148841212.0,
      "count": 85
    },
    "corporations_other_businesses": {
      "raum": 389633.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "LA",
    "MA",
    "NE",
    "SC",
    "TX",
    "WA"
  ],
  "websites": [
    "https://facebook.com/PROTAFIN",
    "https://linkedin.com/company/prota-financial",
    "https://linkedin.com/in/adamleepatten",
    "https://linkedin.com/in/andrewedwards6",
    "https://linkedin.com/in/art91",
    "https://linkedin.com/in/brandonkrol1026",
    "https://linkedin.com/in/fernando-diaz-6267871",
    "https://linkedin.com/in/japan",
    "https://linkedin.com/in/jason-xu-cfp%C2%AE-425461230",
    "https://linkedin.com/in/jeffrey-fisher1996",
    "https://linkedin.com/in/katie-morrison-025a69100",
    "https://linkedin.com/in/lindsey-elliff-657560a0",
    "https://linkedin.com/in/mark-jiro-31400789",
    "https://linkedin.com/in/mradulovich",
    "https://linkedin.com/in/taylor-drapela-b971b852",
    "https://protafinancial.com",
    "https://x.com/ProtaFin"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/283776",
  "city_as_filed": "HOUSTON",
  "url": "https://advisorcensus.com/firm/prota-financial-houston-tx-283776",
  "display_name": "Prota Financial",
  "summary": "Prota Financial is an SEC-registered investment advisory firm in Houston, TX, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 26, 2026.",
  "citation": "AdvisorCensus. Prota Financial (CRD 283776): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Prota Financial compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Prota Financial reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Prota Financial charge?",
      "a": "Its Form ADV Part 2A brochure dated February 26, 2026 states: Up to $1,000,000: 1% a year; $1,000,000 to $3,000,000: 0.75% a year; Above $3,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Prota Financial located?",
      "a": "Prota Financial's principal office is in Houston, TX, according to its Form ADV; the March 2026 filing also lists 17 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Prota Financial registered with the SEC or a state?",
      "a": "Prota Financial is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 283776."
    },
    {
      "q": "How much does Prota Financial manage?",
      "a": "Prota Financial reports $270,372,201 in regulatory assets under management in its Form ADV filing dated February 26, 2026 (100% discretionary)."
    },
    {
      "q": "How have Prota Financial's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Prota Financial: Regulatory assets under management: $114,168,331 in the October 2022 data and $270,372,201 in the October 2026 data, up 137%. Total employees: 5 in October 2022 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Prota Financial serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (588); high net worth individuals (85)."
    },
    {
      "q": "Which custodians does Prota Financial use?",
      "a": "Prota Financial'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 Prota Financial 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/283776"
    },
    {
      "q": "Does Prota Financial state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 26, 2026 says: \"Prota Financial does not impose a minimum account balance for the opening of an account with the Adviser.\" \"We have no minimum account opening balance.\""
    },
    {
      "q": "What changed in Prota Financial's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Regulatory assets under management went from $233,673,316 to $270,372,201 (+16%)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 114168331.0,
      "total_employees": 5,
      "filing_date": "2022-05-17"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 127669314.0,
      "total_employees": 12,
      "filing_date": "2023-08-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 182022262.0,
      "total_employees": 12,
      "filing_date": "2024-08-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 233673316.0,
      "total_employees": 12,
      "filing_date": "2025-03-03"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 270372201.0,
      "total_employees": 13,
      "filing_date": "2026-02-26"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $233,673,316 to $270,372,201 (+16%)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Employees performing advisory functions went from 12 to 13.",
        "Registered or notice-filed in MA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 26, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $1,000,000",
        "rate": "1%"
      },
      {
        "band": "$1,000,000 to $3,000,000",
        "rate": "0.75%"
      },
      {
        "band": "Above $3,000,000",
        "rate": "0.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $1,000,000: 1% a year",
          "$1,000,000 to $3,000,000: 0.75% a year",
          "Above $3,000,000: 0.5% a year"
        ],
        "quotes": [
          "Annual Management Fee Schedule (billed monthly) for all managed accounts custodied at Charles Schwab & Co., Inc. or other custodian holding discretionary assets: First $1,000,000 1.00 % Next $2,000,000 0.75 % Rest over $3,000,000 0.50 %"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Prota Financial does not impose a minimum account balance for the opening of an account with the Adviser.",
          "We have no minimum account opening balance."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 1000000.0,
          "rate_pct": 1.0
        },
        {
          "min": 1000000.0,
          "max": 3000000.0,
          "rate_pct": 0.75
        },
        {
          "min": 3000000.0,
          "max": null,
          "rate_pct": 0.5
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Annual Management Fee Schedule (billed monthly) for all managed accounts custodied at Charles Schwab & Co., Inc. or other custodian holding discretionary assets: First $1,000,000 1.00 % Next $2,000,000 0.75 % Rest over $3,000,000 0.50 %",
      "Prota Financial does not impose a minimum account balance for the opening of an account with the Adviser.",
      "We have no minimum account opening balance."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "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/prota-financial-houston-tx-283776.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 588,
      "fewer_than_5": false,
      "raum": 121141356.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 85,
      "fewer_than_5": false,
      "raum": 148841212.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 389633.0
    }
  ],
  "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/283776",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}