Prospero Wealth provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 51–100 clients last fiscal year.
Prospero Wealth reports 87 clients. They include 42 high-net-worth individuals, 38 individual clients and 5 other investment advisers. Of its assets, 100.0% ($111M across 304 accounts) are managed with discretion. Of its clients, 4% are outside the U.S. It advised 24 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 44% | 14% |
| High-net-worth individuals | 48% | 67% |
| Charitable organizations | 1% | <1% |
| Other investment advisers | 6% | 18% |
| 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) | 38 | $16M | 14.5% | $421K |
| High-net-worth individuals | 42 | $74.1M | 67.0% | $1.76M |
| Charitable organizations | Fewer than 5 | $55.1K | 0.0% | $55.1K |
| Other investment advisers | 5 | $20.4M | 18.5% | $4.08M |
| Corporations and other businesses | Fewer than 5 | $26.6K | 0.0% | $26.6K |
| Total | 87 | $111M | 100% | — |
- Clients
- 38
- Regulatory AUM
- $16M
- AUM share
- 14.5%
- Avg. per client
- $421K
- Clients
- 42
- Regulatory AUM
- $74.1M
- AUM share
- 67.0%
- Avg. per client
- $1.76M
- Clients
- Fewer than 5
- Regulatory AUM
- $55.1K
- AUM share
- 0.0%
- Avg. per client
- $55.1K
- Clients
- 5
- Regulatory AUM
- $20.4M
- AUM share
- 18.5%
- Avg. per client
- $4.08M
- Clients
- Fewer than 5
- Regulatory AUM
- $26.6K
- AUM share
- 0.0%
- Avg. per client
- $26.6K
Total
- Clients
- 87
- Regulatory AUM
- $111M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 4%
- Clients advised without assets under management last fiscal year
- 24
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Prospero Wealth 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
- Advised 401(k) Plans
- Assets in advised 401(k) plans are charged an annual flat fee of .50%, withdrawn quarterly in arrears based on the end-of-period balance.
- Financial Planning and Consulting
- Financial planning and consulting fees are negotiable and generally 1.00% of assets managed or advised upon, or hourly at up to $500 an hour, as agreed in writing.
Eric Franklin owns 75% or more of Prospero Wealth. It has 8 employees, 7 of them in advisory roles.
Leadership
- Eric FranklinCCO / Managing Principal
Investment adviser representatives
7 representatives listed in the SEC register as of 9 October 2026.
Staff
- 8 employees
- 7 in advisory functions
- 7 state-registered reps
- Owns 75% or more of Prospero Wealth, LLC
Eric Franklin
Control person · since July 2017
Besides its headquarters, Prospero Wealth has 0 offices, with 1 listed address with no US state reported.
Other business names
Prospero Wealth has reported 1 other business name to the SEC.
- Capitalwe LLC
Contact and registration details
- Legal name
- Prospero Wealth, LLC
- Headquarters
- Not reported
- Website
- prosperowealth.com
- Phone
- 971-716-1991
- @75597088
- SEC file
- 801-134848
- Structure
- Washington LLC
- Fiscal year end
- December
Prospero Wealth’s named custodians for separately managed accounts are Fidelity ($95.1M, 86%) and Charles Schwab ($15.5M, 14%). Prospero Wealth does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $15.5M14%
- FidelityNational Financial Services LLC · Boston, MA · $95.1M86%
At year end, Prospero Wealth’s separately managed accounts were mostly in funds (61%) and stocks (39%).
What the accounts hold
- Stocks39%
- Exchange-traded equities33%
- Non-exchange-traded equities6%
- Funds61%
How many clients does Prospero Wealth have?
Prospero Wealth has 87 clients and manages $111 million for them, as of September 2026. They include 42 high-net-worth individuals, 38 individual clients and 5 other investment advisers.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 September 2026
What services does Prospero Wealth offer?
Prospero Wealth provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Prospero Wealth use?
Prospero Wealth’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $95.1M and Charles Schwab & Co., Inc. (San Francisco, CA), with $15.5M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 September 2026
How many financial advisors does Prospero Wealth have?
Prospero Wealth has 7 investment adviser representatives registered with state securities authorities, out of 8 employees, and 7 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 Prospero Wealth invest in?
At the end of its last fiscal year, Prospero Wealth’s separately managed accounts held 61% registered funds (mutual funds, ETFs, BDCs), 33% exchange-traded equities and 6% non-exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Prospero Wealth?
Prospero Wealth’s direct owner is Eric Franklin (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 29 September 2026
How does Prospero Wealth get paid?
Prospero Wealth 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 Prospero Wealth?
Its phone number is 971-716-1991. Its website is prosperowealth.com.