About Prosperitas Financial
Prosperitas Financial was founded with the primary goal being to provide exceptional comprehensive financial advice and services to clients in order to assist them in achieving their financial goals. Prosperitas does this by providing an extensive array of tools and resources to elite financial advisors and financial service providers, so that they are able to meet the wide-ranging needs of their clients. This unique collaboration of financial service providers allows us to advise our clients on the myriad of financial needs they may have.
Whether it is financial planning, wealth management, life insurance, long-term care insurance, disability insurance, corporate benefits, employer retirement plans, health insurance, estate planning and trust services, tax preparation and planning, college guidance, lending, business succession planning, and more, we have specialists on our team with the expertise, knowledge, and experience to guide our clients down the right path. This is a truly holistic version of financial planning, guidance, and advice provided by elite advisors who are supported by a team of financial specialists and staff. When we refer to an advisor as an elite advisor, we are not referring to the size of their practice, but rather we are referring to size of their heart, their passion, and their integrity.
At Prosperitas, we believe an elite advisor is someone who is truly committed to the success of their clients. An elite advisor is an advisor with an overarching goal to help their clients reach their financial goals and a compassionate pursuit to do everything in their power to turn their client’s financial dreams into a reality. At Prosperitas Financial, we believe if we can partner up with these types of elite advisors and provide them with the tools and resources necessary to deliver first-class financial services and advice, we can greatly improve the lives of every client we have the pleasure of working with.
Frequently Asked Questions
The first step is an initial inquiry from you. Call us at (661) 255-9555 or email us at info@prosperitasfin.com. We offer an initial no-cost, no-obligation Get Acquainted Meeting, either on the phone or in our offices. For Get Acquainted Meetings, appointments are scheduled based on availability during regular business hours Monday through Friday. Should you decide to engage our services, we can discuss which of our services are appropriate for you. We look forward to the opportunity to assist you with your financial planning and investments!
Yes. Section 212 of the Internal Revenue Code permits an itemized deduction for tax and/or investment advice in the miscellaneous section of Schedule A. It is subject to a 2% floor of the adjusted gross income on a personal tax return. That being said, NEXT Financial Group, Inc. (our Broker Dealer) nor it’s representatives are qualified to offer tax advice. Please consult your own tax professional before taking any action.
Financial planning fees are determined on a project basis. The total fee for a financial plan will vary from client to client based on the specific needs and complexity of your situation. In many cases, it may be complimentary. An estimate is provided after your personal needs are fully identified and before we begin working on your plan. We charge $200 an hour to design your plan. We do not bill for any time we spend working together with you. For example, at our Information Gathering Meeting, where we gather the necessary information to generate your plan, this time spent together would be complimentary of the hourly rate. If there are investable assets involved and it looks like you are going to use our wealth management services to manage and invest your money, then we will waive the cost of the plan and do it for no charge.
Before we recommend any investment, we consider the current economic conditions, the outlook for that asset class or type of security and how this investment fits within your portfolio given your objectives and tolerance for risk. We focus primarily on low cost index investments. As fiduciaries for our clients, we strive to obtain the most appropriate investment vehicles to meet your objectives, while being very conscious of total expenses and risk exposure.
As financial planners and investment advisors, we believe in the following fundamental principles with regards to designing an investment portfolio and making specific recommendations: The purpose of a client’s investment portfolio is to fund current and/or future financial objectives. The design of the portfolio must take into account the client’s financial objectives, tolerance for risk, needs for current income or liquidity, and special considerations such as income and estate taxes. The important thing to remember is that no one can predict the future. It is difference of opinion that makes a market. Investment and economic ”experts” provided with the same information often come to very different conclusions. We do not suggest that we can, or that any of the money or mutual fund managers that we recommend, will make the correct decision every time. We do believe, however, that studying the historic trends and relationships of investment classes and the philosophies and approaches of successful investment managers can provide valuable insight. The appropriate allocation of investment assets for your goals and risk tolerance is the most important component in developing an investment portfolio. We believe that having a diversified, well-balanced portfolio, following long-term buy-and-hold-and-rebalance strategies, and having patience will increase the likelihood that you will achieve your long-term financial objectives.
We hope it is only the beginning. In our opinion, creating a financial plan is the first step in a successful financial journey. By creating a financial plan, you get a better understanding of what steps you need to take in order to be successful. In addition, a financial plan gives us a better understanding of where you are currently, what your goals are for the future, and what path you need to take in order to achieve financial freedom. With this extensive knowledge and understanding of your situation, we are now fully prepared and better suited to help guide you down the path to prosperity. We look forward to supporting you every step of the way.
No. Although we believe a comprehensive financial plan provides tremendous benefit, we can limit our advisory services to your specific needs, such as investment analysis, retirement planning, legacy planning, or college education funding.
No. Some firms have income levels and/or net worth minimums, but at Prosperitas Financial, we realize that everyone has financial needs. Remember, “You don’t have to have a fortune to start building one.” Call us today and let’s get started.
We feel that a fee-based business model promotes a trusted, ongoing relationship with a client rather than just a sale. In a transaction-based business model, the focus is on selling a product. When the client buys an investment, the broker gets an up-front commission. This model inherently encourages an investment broker to hunt down the next sale. If you don’t buy any more products from that broker, what incentive do they have to continue to provide service and consultation to you. In a fee-based business model, our interests our aligned with yours. The fee-based business model focuses on a relationship – the ongoing supervision of the client’s assets under management with part of the advisory fee dependent upon the performance of those assets. In the fee-based business model, when you do well, the advisor does well. This encourages a sense of partnership and collaboration in planning for your financial future, as opposed to just selling you an investment product here and now. Likewise, when a client’s assets decline, so do advisor fees. We suffer right along with our clients. That is why we share the same goal of growing and helping to lessen the overall risks concerning your assets. We both succeed when that happens.
Financial planning is a multi-step process that provides you with two important things: (1) An in-depth review of your current financial situation, and (2) a blueprint that shows you how to achieve your goals and objectives for the future. At Ingram Financial Solutions, the financial planning process consists of seven distinct steps. The first step is an in-depth review of your current financial situation, as well as an in-depth discussion about your financial goals and dreams for the future, as well as your priorities and personal values. The second step is the creation of your comprehensive financial plan, followed by a review of your plan. During the review of your plan, if we find anything that we would like to change, update or just look at from a different perspective, we will then go back and update your plan. After the updates are complete, we will review your plan again to ensure that we have a plan that clearly defines your goals for the future and that details the realistic and necessary steps to help achieve your goals. Once we have a plan in place, we will then come up with a game plan to implement this plan into your life and get started on your path towards achieving your financial dreams. The final step is the ongoing monitoring and updating of your plan to ensure that it is always up to date and it is still pointing you in the right direction towards financial success. It is important to remember that financial planning is a process . . . not an event.
Absolutely not. We will offer recommendations, which in our professional opinion will meet your needs and objectives, but you are under no obligation to implement them.
We provide advice for all types of securities. Please see the services section of this site for a more detailed list of the products we work with directly. However, if it has to do with money and finances, we can provide counseling, guidance and/or resources for you. Clients are encouraged to call us when they have a major life event, such as a new job, a baby, a marriage or divorce, or if they are planning to buy a new home or start their own business. We also encourage our clients to call us with more common everyday questions, such as: ”How should I invest within my 401(k) or 403(b) plan?”, ”How can I reduce my taxes?”, ”What advice can you offer on refinancing my home?” or “Should I have a living trust or a will?”. Even in the rare instance that we are unable to assist you directly, we will, most likely, be able to introduce you to a professional in our network that will be able to answer your questions.
Any individual seeking financial confidence can benefit from our services. While most financial planners target high-net-worth clients, we serve middle income people as well. That’s why we have no account minimum. Clients have the flexibility to work with us on either a one-time, as-needed basis or an ongoing basis. We welcome clients who simply need a one-time financial consultation or a second opinion, as well as those who need more comprehensive financial planning and wealth management.
Corporate education is key in building employee participation. Our financial services team can help your people better understand the benefits of your programs. Depending on your specific needs, we can build a customized educational program for your firm.