Prosperitas Financial provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Prosperitas Financial reports 2,138 clients. They include 1,595 individual clients, 219 pension and profit-sharing plans, and 172 investment companies. Of its assets, 85.6% ($695M across 4,497 accounts) are managed with discretion; $117M across 393 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 75% | 44% |
| High-net-worth individuals | 7% | 41% |
| Investment companies | 8% | 2% |
| Pooled investment vehicles | <1% | <1% |
| Pension and profit-sharing plans | 10% | 12% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,595 | $359M | 44.2% | $225K |
| High-net-worth individuals | 150 | $336M | 41.4% | $2.24M |
| Investment companies | 172 | $17M | 2.1% | $98.6K |
| Pooled investment vehicles | 2 | $2.03M | 0.2% | $1.01M |
| Pension and profit-sharing plans | 219 | $98.1M | 12.1% | $448K |
| Total | 2,138 | $812M | 100% | $380K |
- Clients
- 1,595
- Regulatory AUM
- $359M
- AUM share
- 44.2%
- Avg. per client
- $225K
- Clients
- 150
- Regulatory AUM
- $336M
- AUM share
- 41.4%
- Avg. per client
- $2.24M
- Clients
- 172
- Regulatory AUM
- $17M
- AUM share
- 2.1%
- Avg. per client
- $98.6K
- Clients
- 2
- Regulatory AUM
- $2.03M
- AUM share
- 0.2%
- Avg. per client
- $1.01M
- Clients
- 219
- Regulatory AUM
- $98.1M
- AUM share
- 12.1%
- Avg. per client
- $448K
Total
- Clients
- 2,138
- Regulatory AUM
- $812M
- AUM share
- 100%
- Avg. per client
- $380K
- 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
Prosperitas Financial is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning & Consulting
- Billed hourly for financial planning and consulting, at a maximum of $1,000 an hour; a retainer of up to $1,200 applies when services cannot be rendered within 6 months.
- Retirement Plan Consulting
- Billed hourly (maximum $1,000 an hour), as a flat fee (maximum $10,000), or as a percentage of plan assets not exceeding 2.00%.
Mark Petersen owns 25% to 50% of Prosperitas Financial. The leadership team of Prosperitas Financial includes Chief Compliance Officer Mark Petersen. It has 33 employees, 23 of them in advisory roles.
Leadership
- Mark PetersenChief Compliance Officer & COO
- Robert ClarkOfficer
- Scott ZimmermanOfficer
Investment adviser representatives
40 representatives listed in the SEC register as of 9 October 2026.
Staff
- 33 employees
- 23 in advisory functions
- 23 state-registered reps
- 20 insurance agents
- 14 soliciting firms
- Owns 25% to 50% of Prosperitas Financial, LLC
Mark Petersen
Control person · since July 2021
- Owns 25% to 50% of Prosperitas Financial, LLC
Christopher Ingram
Control person · since July 2021
- Owns 25% to 50% of Prosperitas Financial, LLC
Robert Clark
Control person · since July 2021
- Owns 25% to 50% of Prosperitas Financial, LLC
Scott Zimmerman
Control person · since July 2021
Prosperitas Financial’s regulatory assets grew 7.1× from $114M (June 2022) to $812M (September 2026); clients rose from 287 to 2,138 and employees from 8 to 33.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $812M | 2,138 | 33 | 2 |
| June 2025 | $613M | 1,635 | 19 | 2 |
| March 2024 | $392M | 1,189 | 15 | 2 |
| March 2023 | $222M | 675 | 15 | 2 |
| June 2022 | $114M | 287 | 8 | 3 |
Besides its headquarters, Prosperitas Financial has 1 office, with 2 listed addresses in California.
California · 2 listed addresses
- 25060 Avenue Stanford, Suite 100, ValenciaHQ
- 18100 Von Karman, Valencia
Other business names
Prosperitas Financial has reported 1 other business name to the SEC.
- Brown Asset Management
Contact and registration details
- Legal name
- Prosperitas Financial, LLC
- Headquarters
- 25060 Avenue Stanford, Suite 100, Valencia, CA 91355
- Website
- prosperitasfin.com
- Phone
- 661-255-9555
- @prosperitasfin
- SEC file
- 801-122207
- Structure
- California LLC
- Fiscal year end
- December
Prosperitas Financial uses Charles Schwab ($621M) as custodian for its separately managed accounts. Prosperitas Financial has custody of $168M in client assets for 1,032 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $621M100%
At year end, Prosperitas Financial’s separately managed accounts were mostly in funds (63%) and stocks (35%). Its reported 13F holdings for the quarter ended 30 June 2026 total $312M across 103 positions; the largest are Schwab Strategic TR (4.8%), Alphabet Inc. (4.7%) and Apple Inc. (4.7%).
What the accounts hold
- Stocks35%
- Funds63%
- Registered funds57%
- Pooled vehicles6%
- Bonds1%
- Cash1%
Reported 13F holdings
- $312M
- Reported 13F value
- 103
- Positions
- 41.8%
- In the 10 largest
- +16.4%
- Value vs. prior quarter
- Schwab Strategic TR · US Lcap GR ETF4.8%
- Alphabet Inc. · Cap Stk CL A4.7%
- Apple Inc.4.7%
- Vanguard Index Fds · Value ETF4.6%
- Vanguard Index Fds · S&P 500 ETF Shs4.4%
- Nvidia Corporation3.9%
- Schwab Strategic TR · US Brd Mkt ETF3.8%
- Schwab Strategic TR · US Dividend EQ3.7%
- Invesco Qqq TR · Unit Ser 13.7%
- Comfort Sys USA Inc.3.7%
Together, the ten largest are 41.8% of reported value.
How many clients does Prosperitas Financial have?
Prosperitas Financial has 2,138 clients and manages $812 million for them, as of September 2026. They include 1,595 individual clients, 219 pension and profit-sharing plans, and 172 investment companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 9 September 2026
What services does Prosperitas Financial offer?
Prosperitas Financial provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Prosperitas Financial use?
Prosperitas Financial’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $621M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 September 2026
How many financial advisors does Prosperitas Financial have?
Prosperitas Financial has 23 investment adviser representatives registered with state securities authorities, out of 33 employees, and 23 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 20 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 Prosperitas Financial invest in?
At the end of its last fiscal year, Prosperitas Financial’s separately managed accounts held 57% registered funds (mutual funds, ETFs, BDCs), 35% exchange-traded equities, 6% pooled vehicles (private funds and similar), 1% U.S. government and agency bonds and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Prosperitas Financial?
Prosperitas Financial’s direct owners are Mark Petersen, Christopher Ingram, Robert Clark and Scott Zimmerman, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 9 September 2026
How does Prosperitas Financial get paid?
Prosperitas Financial 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 Prosperitas Financial?
Prosperitas Financial’s main office is at 25060 Avenue Stanford, Suite 100, Valencia, CA 91355. Its phone number is 661-255-9555. Its website is prosperitasfin.com.