Prairie Rivers Investments, LLC logo

Prairie Rivers Investments, LLC

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Client assets under management

$194,001,746

Clients

280

13% high-net-worth

Advisors

3

of 5 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

93

High

Average account size

$692,863

About

Prairie Rivers Investments serves high‑net‑worth and individual clients as well as institutions, charitable organizations, endowments, employer‑sponsored retirement plans, trusts and estates. The firm provides discretionary and non‑discretionary investment management, financial planning, retirement‑plan and endowment consulting, and facilitates access to third‑party manager programs and a proprietary wrap fee program.

The firm follows a goals‑based, long‑term investment approach that combines an actively managed mutual‑fund core with low‑cost index ETFs and periodic rebalancing, using the Nitrogen tool to quantify client risk profiles. Prairie Rivers supplements its advisory process with third‑party platforms (ORION) and an AI meeting‑documentation tool, and uses a documented temporary allocation for newly funded accounts prior to completion of suitability and portfolio selection.

Compared with many peers, Prairie Rivers both sponsors a wrap fee program and serves other registered investment adviser clients — services that are relatively uncommon among supported firms. It manages roughly $249 million for about 280 clients with a small advisory team and offers a range of services from household wealth planning to family‑office and institutional consulting while documenting vendor security and opt‑out options for AI use.

Client services

Financial planning Portfolio management Selection of other advisers

Expertise

Charitable giving & philanthropy Long-term care insurance General retirement planning Tax-loss harvesting

Occupation focus

Founder/Business Owner Retired Executive

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Fee options

Fixed

Financial planning fixed fees range from $500 to $25,000; employer sponsored retirement plan consulting fixed fees range from $5,000 to $35,000 or more; endowment consulting fixed fees range from $2,000 to $20,000 or more; long term care planning fixed fees range from $300 to $1,000 or more.

Percentage

$0+: Up to 1.50% annually Any cash equivalents, money market funds, certificates of deposit+: 0.15% annually

Commissions

Commissions may be earned by certain IARs who are registered representatives of a broker-dealer or act as insurance agents; fees may be reduced proportionately by commissions earned.

Project-based

Up to $400 per hour for financial planning; up to $500 per hour for employer sponsored retirement plan consulting; up to $400 per hour for endowment consulting; up to $150 per hour for long term care planning; hourly consulting fees negotiated case-by-case.

Other

Account minimum: $100,000

Main office location

Prairie Rivers Investments, LLC

1507 West Main St.

Robinson IL 62454, United States

Number of offices

1

Most active in

California · Florida · Illinois · Indiana · Ohio · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Ryan K

Series 66

Robinson, IL

Prairie Rivers Investments, LLC

Ryan Keen is a financial advisor at Prairie Rivers Investments, LLC with 13 years of industry experience. He holds the Series 66 designation and has worked at Prairie Rivers Investments since 2017, with prior roles at Securities America, Inc. and SSN Advisory Inc. Outside of his advisory work, Keen operates a hobby farm and a woodworking shop, taking selective jobs for furniture and household items. Prairie Rivers Investments provides portfolio management, financial planning, and consulting services to individuals, including high-net-worth clients, as well as institutions such as endowments and charitable organizations. The firm employs a goals-based, long-term buy-and-hold investment approach and offers specialized services including discretionary management, third-party manager selection, and tiered service levels that include family office and trust consulting.

Charitable giving & philanthropy Long-term care insurance General retirement planning Tax-loss harvesting Founder/Business Owner Retired Executive
user avatar

Patrick K

Series 63, Series 66

Robinson, IL

Prairie Rivers Investments, LLC

Patrick Keen is a financial advisor at Prairie Rivers Investments, LLC with 41 years of industry experience. He holds Series 63 and Series 66 designations and has worked at Prairie Rivers since 2017, with prior roles at Securities America, Inc. and SSN Advisory Inc. Outside of advisory work, he is also involved in insurance-related activities including life, fixed and indexed annuities, and long-term care. Prairie Rivers Investments provides portfolio management, financial planning, and consulting services to individuals, high-net-worth clients, and institutions such as endowments and retirement plans. The firm employs a goals-based, long-term buy-and-hold investment approach, incorporating institutional mutual funds, ETFs, individual securities, and third-party manager selection, and offers tiered service levels including family office and trust consulting.

Charitable giving & philanthropy Long-term care insurance General retirement planning Tax-loss harvesting Founder/Business Owner Retired Executive
user avatar

Kyle D

Series 66

Robinson, IL

Prairie Rivers Investments, LLC

Kyle Dishong is a financial advisor at Prairie Rivers Investments, LLC with 21 years of industry experience. He holds a Series 66 designation and has worked at firms including Securities America, Inc. and SSN Advisory Inc. Dishong serves on the board of directors and as treasurer for the Crawford County Leadership Alliance, a nonprofit organization focused on community leadership development. Prairie Rivers Investments provides portfolio management, financial planning, and consulting services to individuals, high-net-worth clients, and institutions such as endowments and retirement plans. The firm employs a long-term, goals-based investment approach with discretionary and non-discretionary management, incorporating mutual funds, ETFs, individual securities, and third-party manager selections.

Charitable giving & philanthropy Long-term care insurance General retirement planning Tax-loss harvesting Founder/Business Owner Retired Executive
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