Prosperity Capital Advisors Celebrates Growth and Recognition

Prosperity Capital Advisors Ranks Among Top 50 Fastest Growing RIAs

Prosperity Capital Advisors, a prominent SEC-Registered Investment Adviser (RIA), has achieved remarkable recognition as one of the 50 Fastest Growing RIAs, securing the impressive 17th position. This recognition confirms the firm’s position among the top advisors in the country. Recognized by a major financial publication, Prosperity has been celebrated for its tremendous growth and commitment to client satisfaction.

Significant Growth and Client Trust

In the latest rankings, Prosperity reported a staggering growth rate of 52.29% in assets under management (AUM) from 2023 to 2024, raising its total AUM to approximately $3.68 billion, serving 7,096 clients. This incredible milestone attests to the trust clients place in the firm and underscores its dedication to providing comprehensive wealth management services.

Leadership Insights on Growth

Jason L Smith, Founder and Co-CEO of Prosperity Capital Advisors, shared insights about the firm’s ascension into the top 20, emphasizing the collective effort of their team. "Our consistent ascent in these rankings reflects our strategic focus and dedication to offering a planning-first approach that resonates with our clients," Smith stated.

Enhanced Recognition in Overall Rankings

Beyond its recognition on the Fastest Growing RIAs list, Prosperity Capital Advisors also ranked #133 in the overall Top RIA list for firms managing over $1 billion in AUM. Such accolades highlight the firm’s exceptional performance in both discretionary and non-discretionary AUM categories.

Strategic Appointments Driving Future Success

This recognition coincides with a transformative phase at Prosperity, marked by the appointment of key leadership figures. The firm recently welcomed Stan Milovancev as Co-Chief Executive Officer and Scott Rister as Co-President and Chief Financial Officer. These appointments are expected to elevate the firm's capabilities and enhance its national reach.

Commitment to Excellence in Financial Advisory

Stan Milovancev expressed their mission to establish Prosperity as a premier advisory firm. "We are committed to empowering our advisors with effective solutions, fostering a positive culture within the organization, and delivering outstanding results for our clients," he conveyed. This focus reinforces the company’s dedication to improving financial outcomes for all clients.

Insight into the Ranking Methodology

The ranking methodology, executed by the financial publication, assesses independent registered investment advisors based on their AUM reported at year-end. To qualify for the top rankings, firms are required to meet stringent criteria, including independent registration and providing comprehensive financial planning services. This process ensures only the leading firms are recognized for their growth and client service.

About Prosperity Capital Advisors

Prosperity Capital Advisors prides itself on being a planning-first firm, dedicated to guiding clients through complex financial landscapes. Their holistic approach includes financial planning, asset management, tax management, protection planning, and legacy planning. With a team of qualified fiduciary advisors, Prosperity delivers tailored solutions that cater to the unique needs of its clients.

Contact Information

For more information about Prosperity Capital Advisors and their services, potential clients and interested parties can reach out via the following contact methods. The firm emphasizes its commitment to providing exceptional advisory services and nurturing a supportive environment for both clients and staff.

Frequently Asked Questions

What recognition did Prosperity Capital Advisors recently receive?

Prosperity Capital Advisors was named one of the 50 Fastest Growing RIAs, ranked 17th on the list.

How much did Prosperity Capital Advisors grow in assets?

The firm achieved a growth rate of 52.29%, raising its AUM to approximately $3.68 billion.

Who are the new executives at Prosperity Capital Advisors?

Stan Milovancev is the new Co-CEO, and Scott Rister has been appointed as Co-President and Chief Financial Officer.

What is the mission of Prosperity Capital Advisors?

The mission is to empower advisors, foster a positive workplace culture, and improve financial outcomes for clients.

How is the ranking for RIAs determined?

The ranking is based on the total assets under management reported by independent RIAs at year-end.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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