SEC-registered independent wealth management RIA
Prevail Innovative Wealth Advisors, LLC
As of its Form ADV filed September 30, 2026, Prevail Innovative Wealth Advisors, LLC, an SEC-registered independent wealth management RIA in Leawood, Kansas, reported $931.8 million in regulatory assets under management across 2,149 accounts, ranking #24 among independent RIAs in Kansas by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 288641
- SEC file number
- 801-123758
- Registered since
- April 19, 2022
- Latest Form ADV filing
- September 30, 2026
- Organized as
- Limited Liability Company
- Fiscal year ends
- December
- Other offices
- 2
Key figures
- Regulatory assets under management
- $931.8 million
- Discretionary
- $926.1 million (99.4%)
- Non-discretionary
- $5.8 million
- Accounts
- 2,149 (2,137 discretionary)
- Clients
- 822, approximate as reported
- Employees
- 41
- Advisory staff
- 31 performing investment advisory functions
- Average account
- $433,618
- Asset growth, 1 year
- 14.3% (from $815.4 million a year earlier)
- Asset growth, 3-year annual rate
- 52.3% (from $263.7 million three years earlier)
- Asset growth, 5-year annual rate
- Not reported
- Client growth, 1 year
- 6.9% (from 769)
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 Kansas | Value |
|---|---|---|---|
| Largest independent RIAs by assets under management | #1,377 | #24 | $931.8 million |
| Fastest-growing independent RIAs over one year | #3,916 | #60 | 14.3%from $815.4 million |
| Fastest-growing independent RIAs over three years | #77 | #3 | 52.3%from $263.7 million |
| Independent RIAs with the biggest asset gains over one year | #1,774 | #34 | $116.4 million |
| Independent RIAs with the most clients | #1,258 | #28 | 822 |
| Independent RIAs with the fastest client growth over one year | #2,143 | #42 | 6.9%from 769 |
| Independent RIAs with the most accounts | #1,062 | #27 | 2,149 |
| Independent RIAs with the most advisory staff | #295 | #9 | 31 |
| Independent RIAs with the most high net worth clients | #1,883 | #33 | 162 |
| Independent RIAs with the most CFP professionals | #1,937 | #36 | 2 |
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 2, 2017 | $0 |
| October 3, 2022 | $196.2 million |
| October 5, 2023 | $263.7 million |
| October 1, 2024 | $501.2 million |
| September 2, 2025 | $815.4 million |
| October 2, 2026 | $931.8 million |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 162 clients | $450.5 million | |
| Pension and profit sharing plans 29 clients | $239.9 million | |
| Individuals (other than high net worth) 626 clients | $210.6 million | |
| Pooled investment vehicles 1 client | $21.2 million | |
| Corporations or other businesses fewer than 5 clients | $9.5 million | |
| Charitable organizations fewer than 5 clients | $126,079 |
How the firm is paid
- A percentage of assets under management
- Fixed fees
- Commissions
- Performance-based fees
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Pension consulting
- Publication of periodicals or newsletters
- Other
Financial planning clients (Item 5.H): 0.
Wrap fee program sponsor or portfolio manager: yes.
Other business, affiliations and custody
Other business activities (Item 6.A)
- Insurance broker or agent
Financial industry affiliations (Item 7.A)
- Lawyer or law firm
- Insurance company or agency
- Sponsor or syndicator of limited partnerships
- Sponsor, general partner or managing member of pooled investment vehicles
Advises 1 private fund (Item 7.B).
Custody (Item 9)
The firm reported no custody of client cash or securities.
Investment adviser representatives
- IARs registered with the firm
- 30
- Also registered through a broker-dealer
- 0
- Employees who are IARs (Form ADV 5.B(3))
- 31
Designations held by the firm's IARs: CFP 2, CFA 1.
1 of the firm's 30 IARs is registered in jurisdictions that require IAR CE. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 2 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 Kansas
| Firm | City | RAUM |
|---|---|---|
| Legacy Financial Strategies, LLC | Overland Park | $952.0 million |
| PCG Wealth Management | Overland Park | $931.1 million |
| Canvas Wealth Advisors, LLC | Shawnee | $929.2 million |
| Clayton Wealth Partners | Topeka | $909.8 million |
| Greenup Street Wealth Management LLC | Overland Park | $900.4 million |
The five independent RIAs nearest in regulatory assets with a main office in the same state.
Elsewhere
- Prevail Innovative Wealth Advisors, LLC on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: prevailiws.com
- Independent RIAs in Kansas
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.