Prairie Advisory provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Prairie Advisory reports 625 other clients. Of its assets, 100.0% ($554M across 1,500 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Other | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Other | 625 | $554M | 100.0% | $887K |
| Total | 625 | $554M | 100% | $887K |
- Clients
- 625
- Regulatory AUM
- $554M
- AUM share
- 100.0%
- Avg. per client
- $887K
Total
- Clients
- 625
- Regulatory AUM
- $554M
- AUM share
- 100%
- Avg. per client
- $887K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Prairie Advisory is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Marc Wilborn owns 75% or more of Prairie Advisory. It has 12 employees, 9 of them in advisory roles.
Leadership
- Marc WilbornManaging Member / CCO
Investment adviser representatives
10 representatives listed in the SEC register as of 9 October 2026.
- Peggy L Bruce
- Christopher Lee Brungardt
- Stephen Michael Burns
- Zachary Easley
- James David Fair
- Wesley Lowell Hazelrigg
- Matthew Philip Paschang
- Philip James Paschang
- Emily Susan Wilborn
- Marc A Wilborn
Staff
- 12 employees
- 9 in advisory functions
- 9 state-registered reps
- Owns 75% or more of Prairie Advisory, LLC
Marc Wilborn
Control person · since October 2025
Besides its headquarters, Prairie Advisory has 3 offices, with 4 listed addresses in Kansas, Missouri and Texas.
Kansas · 2 listed addresses
- 4000 W 114th Street, Suite 300, LeawoodHQ
- 310 East 18th Street, Hays
Missouri · 1 listed address
- 1040 SW Luttrell RD., Blue Springs
Texas · 1 listed address
- 1100 West 23rd Street, Houston
Other business names
Prairie Advisory has reported 2 other business names to the SEC.
- Paschang & Associates
- Wilborn Advisors
Contact and registration details
- Legal name
- Prairie Advisory, LLC
- Headquarters
- 4000 W 114th Street, Suite 300, Leawood, KS 66211
- Website
- Not reported
- Phone
- 913-963-1054
- SEC file
- 801-135253
- Structure
- Kansas LLC
- Fiscal year end
- December
Prairie Advisory uses LPL Financial ($322M, 58%) and Charles Schwab ($233M, 42%) as custodians for its separately managed accounts. Prairie Advisory has custody of $145M in client assets for 243 clients.
- LPL FinancialLPL Financial LLC · Boston, MA · $322M58%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $233M42%
At year end, Prairie Advisory’s separately managed accounts were mostly in stocks (78%) and funds (17%). Its reported 13F holdings for the quarter ended 30 June 2026 total $426M across 167 positions; the largest are State Str SPDR S&P 500 ETF T (13.9%), iShares TR (10.2%) and Vanguard Index Fds (4.6%).
What the accounts hold
- Stocks78%
- Funds17%
- Bonds1%
- Cash5%
Reported 13F holdings
- $426M
- Reported 13F value
- 167
- Positions
- 55.3%
- In the 10 largest
- —
- Value vs. prior quarter
- State Str SPDR S&P 500 ETF T · TR Unit13.9%
- iShares TR · 0-3 Mth Treasury10.2%
- Vanguard Index Fds · S&P 500 ETF Shs4.6%
- SPDR Series Trust · ST Str P500etf4.5%
- Invesco Qqq TR · Unit Ser 14.1%
- Invesco Actively Managed Exc · Ultra Shrt Dur3.9%
- Invesco Exch Traded FD TR II · Nasdaq 100 ETF3.7%
- Lam Research Corp.3.7%
- Pgim ETF TR · Pgim Ultra SH BD3.7%
- Invesco Exch Traded FD TR II · S&P 500 Revenue3.0%
Together, the ten largest are 55.3% of reported value.
How many clients does Prairie Advisory have?
Prairie Advisory has 625 clients and manages $554 million for them, as of September 2026. They include 625 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 September 2026
What services does Prairie Advisory offer?
Prairie Advisory provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Prairie Advisory use?
Prairie Advisory’s separately managed account assets are held at LPL Financial LLC (Boston, MA), with $322M and Charles Schwab & Co., Inc. (Westlake, TX), with $233M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 September 2026
How many financial advisors does Prairie Advisory have?
Prairie Advisory has 9 investment adviser representatives registered with state securities authorities, out of 12 employees, and 9 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Prairie Advisory invest in?
At the end of its last fiscal year, Prairie Advisory’s separately managed accounts held 78% exchange-traded equities, 17% registered funds (mutual funds, ETFs, BDCs), 5% cash and equivalents and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Prairie Advisory?
Prairie Advisory’s direct owner is Marc Wilborn (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 September 2026
How does Prairie Advisory get paid?
Prairie Advisory is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Prairie Advisory?
Prairie Advisory’s main office is at 4000 W 114th Street, Suite 300, Leawood, KS 66211. Its phone number is 913-963-1054.