Prairie Capital Management Group, LLC
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Overview
Prairie Capital Management Group, LLC operates as an advisory company that has its headquarters in Kansas City, Missouri. The firm administers $5.9 billion in total assets throughout 1,723 customer accounts, placing it among the largest investment advisory firms in the country by assets under management (AUM). It has a small group, including 18 financial advisors. Prairie Capital Management Group, LLC is not a registered broker-dealer, signifying that the firm cannot buy and sell securities for its own accounts as well as its customers' and instead must go through a broker-dealer company to do so. Securities are tradable fiscal assets like options, equities and bonds.
Prairie Capital Management Group, LLC manages 70 of the company's client assets in a discretionary manner. Discretionary management signifies that a portfolio manager has the discretion to make transaction choices without needing to seek client approval. The firm also oversees 1,653 non-discretionary accounts totaling $4.4 billion in assets under management. The investment advisory firm oversees an average of $3.4 million for each customer account. An average advisor at Prairie Capital Management Group, LLC manages about 96 client accounts.
The company's main office is located at 4900 Main Street, Kansas City, Missouri 64112. Prairie Capital Management Group, LLC is permitted to serve investors throughout 32 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Prairie Capital Management Group, LLC by the Numbers
$5.9 billion
38
1,723
$3.4 million
Products and Services
Prairie Capital Management Group, LLC provides a variety of services, which can consist of financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients, pension consulting services, selection of other advisers and other services. In the past fiscal year, it provided financial planning services to 251-500 of its accounts. Prairie Capital Management Group, LLC is engaged in selling products or offering services other than investment advice to its clients. Prairie Capital Management Group, LLC also has a number of financial industry affiliations, including with a broker-dealer or securities dealer, insurance company or agency, pension consultant and commodity pool advisor.
Core Advisor Services
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Offered by 31% of firms
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
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Offered by 46% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
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Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
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Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
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Publication of Periodicals
This is the publication of various financial education materials.
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Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Fees charged by financial advisors typically depend on the type of services provided. However, fees billed by Prairie Capital Management Group, LLC likely consist of the following fee types: asset-based, hourly, fixed, performance-based or other. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
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Offered by 69% of firms
Percentage of Assets
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Offered by 21% of firms
Hourly
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Offered by 26% of firms
Performance-based
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Offered by 32% of firms
Fixed
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Offered by 10% of firms
Other
Unavailable
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Find one of the 1% of firms that offer this fee type
Commissions
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Find one of the 0% of firms that offer this fee type
Subscription
Types of Clients
It caters to high net worth investors, pooled investment vehicles, charitable organizations and corporations. Out of its 1,723 accounts, Prairie Capital Management Group, LLC's largest client group by number of accounts is high net worth investors, although it also manages money for 430 high-net-worth individuals. The SEC defines a high-net-worth individual as a person who has at least $750,000 in AUM or a net worth of more than $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the company's accounts are represented by people from outside of the U.S.
- High-Net-Worth Individuals* - 83.33%
- Other Individuals - 0%
- Corporations - 14.53%
- Charitable Organizations - 2.13%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Disclosures
Prairie Capital Management Group, LLC does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Prairie Capital Management Group, LLC
Kansas City, MO
Kansas City, MO
Dallas, TX
Englewood, CO
Kansas City, MO
Kansas City, MO
Kansas City, MO
Kansas City, MO
Kansas City, MO
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