SEC-registered independent wealth management RIA
Prosperity Capital Advisors
As of its Form ADV filed March 23, 2026, Prosperity Capital Advisors, an SEC-registered independent wealth management RIA in Westlake, Ohio, reported $4.4 billion in regulatory assets under management across 16,541 accounts, ranking #15 among independent RIAs in Ohio by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 156480
- SEC file number
- 801-72187
- Registered since
- March 22, 2011
- Latest Form ADV filing
- March 23, 2026
- Legal name
- C2P CAPITAL ADVISORY GROUP, LLC
- Organized as
- Limited Liability Company
- Fiscal year ends
- December
- Other offices
- 41
Key figures
- Regulatory assets under management
- $4.4 billion
- Discretionary
- $4.4 billion (100.0%)
- Non-discretionary
- $0
- Accounts
- 16,541 (16,541 discretionary)
- Clients
- 7,847, approximate as reported
- Employees
- 244
- Advisory staff
- 98 performing investment advisory functions
- Average account
- $265,142
- Asset growth, 1 year
- 19.0% (from $3.7 billion a year earlier)
- Asset growth, 3-year annual rate
- 36.8% (from $1.7 billion three years earlier)
- Asset growth, 5-year annual rate
- 24.1% (from $1.5 billion five years earlier)
- Client growth, 1 year
- 4.8% (from 7,490)
Independent wealth management RIA: individual and high net worth clients hold at least half of its regulatory assets, it offers financial planning or portfolio management for individuals, and it is not a broker-dealer, a bank or part of one by the directory's rules. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among independent wealth management RIAs.
| Ranking | Nationally | In Ohio | Value |
|---|---|---|---|
| Largest independent RIAs by assets under management | #269 | #15 | $4.4 billion |
| Fastest-growing independent RIAs over one year | #2,596 | #104 | 19.0%from $3.7 billion |
| Fastest-growing independent RIAs over three years | #266 | #12 | 36.8%from $1.7 billion |
| Fastest-growing independent RIAs over five years | #385 | #14 | 24.1%from $1.5 billion |
| Independent RIAs with the biggest asset gains over one year | #295 | #14 | $700.7 million |
| Independent RIAs with the most clients | #106 | #4 | 7,847 |
| Independent RIAs with the fastest client growth over one year | #2,693 | #121 | 4.8%from 7,490 |
| Independent RIAs with the most accounts | #102 | #5 | 16,541 |
| Independent RIAs with the most advisory staff | #78 | #4 | 98 |
| Independent RIAs with the most high net worth clients | #197 | #13 | 990 |
| Independent RIAs with the most CFP professionals | #105 | #6 | 26 |
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 3, 2011 | $26.7 million |
| October 1, 2012 | $52.5 million |
| October 1, 2013 | $175.3 million |
| October 1, 2014 | $334.0 million |
| October 1, 2015 | $386.2 million |
| October 3, 2016 | $466.1 million |
| October 2, 2017 | $665.4 million |
| October 1, 2018 | $878.9 million |
| October 1, 2019 | $937.0 million |
| October 1, 2020 | $1.2 billion |
| October 4, 2021 | $1.5 billion |
| October 3, 2022 | $1.8 billion |
| October 5, 2023 | $1.7 billion |
| October 1, 2024 | $2.2 billion |
| September 2, 2025 | $3.7 billion |
| October 2, 2026 | $4.4 billion |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 990 clients | $2.1 billion | |
| Individuals (other than high net worth) 6,479 clients | $1.7 billion | |
| Insurance companies fewer than 5 clients | $540.7 million | |
| Pension and profit sharing plans 29 clients | $32.8 million | |
| Corporations or other businesses 25 clients | $29.7 million | |
| Charitable organizations 24 clients | $2.5 million |
How the firm is paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Portfolio management for businesses or institutional clients
- Selection of other advisers
- Educational seminars or workshops
Financial planning clients (Item 5.H): 4500.
Wrap fee program sponsor or portfolio manager: no.
Other business, affiliations and custody
Other business activities (Item 6.A)
- Registered representative of a broker-dealer
- Real estate broker, dealer or agent
- Insurance broker or agent
- Accountant or accounting firm
Financial industry affiliations (Item 7.A)
- Insurance company or agency
Custody (Item 9)
The firm reported no custody of client cash or securities.
Investment adviser representatives
- IARs registered with the firm
- 103
- Also registered through a broker-dealer
- 18
- Employees who are IARs (Form ADV 5.B(3))
- 106
Designations held by the firm's IARs: CFP 26, ChFC 15, CFA 3, PFS 1.
Between 28 and 87 of the firm's 103 IARs are registered in jurisdictions that require IAR CE. The source counts registrations by jurisdiction, and many IARs are registered in more than one, so the exact number is not knowable from it. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 0 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Ohio
| Firm | City | RAUM |
|---|---|---|
| Wellspring Family Office | Cleveland | $5.1 billion |
| Daymark Wealth Partners, LLC | Cincinnati | $5.0 billion |
| Hamilton Capital | Columbus | $4.9 billion |
| Ancora Private Wealth Advisors, LLC | Cleveland | $3.9 billion |
| CM Wealth Advisors LLC | Beachwood | $3.6 billion |
The five independent RIAs nearest in regulatory assets with a main office in the same state.
Elsewhere
- Prosperity Capital Advisors on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.prosperitycapitaladvisors.com
- Independent RIAs in Ohio
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.