Prometheus Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, estate planning, insurance, and tax planning. Financial planning was provided to 1–10 clients last fiscal year.
Prometheus Capital Management reports 270 clients. They include 177 high-net-worth individuals, 91 individual clients and 1 pension or profit-sharing plan. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $398M across 872 accounts are not. Of its clients, 1% are outside the U.S. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 34% | 7% |
| High-net-worth individuals | 66% | 93% |
| Pension and profit-sharing plans | <1% | <1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 91 | $26.8M | 6.7% | $295K |
| High-net-worth individuals | 177 | $368M | 92.6% | $2.08M |
| Pension and profit-sharing plans | Fewer than 5 | $2.4M | 0.6% | $2.4M |
| Corporations and other businesses | Fewer than 5 | $111K | 0.0% | $111K |
| Total | 270 | $398M | 100% | — |
- Clients
- 91
- Regulatory AUM
- $26.8M
- AUM share
- 6.7%
- Avg. per client
- $295K
- Clients
- 177
- Regulatory AUM
- $368M
- AUM share
- 92.6%
- Avg. per client
- $2.08M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.4M
- AUM share
- 0.6%
- Avg. per client
- $2.4M
- Clients
- Fewer than 5
- Regulatory AUM
- $111K
- AUM share
- 0.0%
- Avg. per client
- $111K
Total
- Clients
- 270
- Regulatory AUM
- $398M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Prometheus Capital Management charges 0.50%–1.75% a year for its Investment Supervisory Services. The fee is billed in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Consulting Services
- Consulting services are billed hourly at $350 per hour, or on a fixed fee typically ranging from $500 to $10,000.
- Financial Planning Services
- Financial planning is billed hourly at $350 per hour, or on a fixed fee typically ranging from $500 to $10,000.
Stephen Wetzel owns 75% or more of Prometheus Capital Management. The leadership team of Prometheus Capital Management includes President Stephen Wetzel and Chief Compliance Officer James Hadaway. It has 4 employees, 2 of them in advisory roles.
Staff
- 4 employees
- 2 in advisory functions
- 2 state-registered reps
- 2 insurance agents
- Owns 75% or more of Prometheus Capital Management Corp.
Stephen Wetzel
Control person · since April 1994
Prometheus Capital Management’s regulatory assets grew 2.6× from $151M (March 2021) to $398M (March 2026); clients rose from 169 to 270 and employees were 4 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $398M | 270 | 4 | 1 |
| Mar 2025March 2025 | $248M | 221 | 4 | 1 |
| May 2024May 2024 | $224M | 172 | 4 | 1 |
| Mar 2023March 2023 | $164M | 173 | 5 | 1 |
| Mar 2022March 2022 | $178M | 192 | 5 | 1 |
| Mar 2021March 2021 | $151M | 169 | 4 | 1 |
Besides its headquarters, Prometheus Capital Management has 0 offices, with 1 listed address in 1 state.
Pennsylvania · 1 listed address
- 30 S. Main Street, YardleyHQ
Contact and registration details
- Legal name
- Prometheus Capital Management Corp.
- Headquarters
- 30 S. Main Street, Yardley, PA 19067
- Website
- procap.net
- Phone
- 215-321-9312
- SEC file
- 801-113098
- Founded
- 1994
- Structure
- Delaware corporation
- Fiscal year end
- December
Prometheus Capital Management’s named custodian for separately managed accounts is Charles Schwab ($382M). Prometheus Capital Management has custody of $60.4M for 69 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $382M100%
At year end, Prometheus Capital Management’s separately managed accounts were mostly in funds (89%).
What the accounts hold
- Stocks4%
- Funds89%
- Bonds3%
- Cash3%
- Other1%
- Fdic insured cds1%
How many clients does Prometheus Capital Management have?
Prometheus Capital Management has 270 clients and manages $398 million for them, as of March 2026. They include 177 high-net-worth individuals, 91 individual clients and 1 pension or profit-sharing plan.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 March 2026
What services does Prometheus Capital Management offer?
Prometheus Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Prometheus Capital Management charge?
Prometheus Capital Management charges 0.50%–1.75% a year for its Investment Supervisory Services. The fee is billed in arrears and is negotiable.
Which custodians does Prometheus Capital Management use?
Prometheus Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $382M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 March 2026
How many financial advisors does Prometheus Capital Management have?
Prometheus Capital Management has 2 investment adviser representatives registered with state securities authorities, out of 4 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are 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 Prometheus Capital Management invest in?
At the end of its last fiscal year, Prometheus Capital Management’s separately managed accounts held 89% registered funds (mutual funds, ETFs, BDCs), 4% exchange-traded equities, 3% U.S. government and agency bonds, 3% cash and equivalents and 1% other. The 1% other category is described as: Fdic Insured CDS.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Prometheus Capital Management?
Prometheus Capital Management’s direct owner is Stephen Wetzel (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 12 March 2026
How does Prometheus Capital Management get paid?
Prometheus Capital Management 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 Prometheus Capital Management?
Prometheus Capital Management’s main office is at 30 S. Main Street, Yardley, PA 19067. Its phone number is 215-321-9312. Its website is procap.net.