Prophet Wealth Management
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$80,444,310
Total clients
274
11% high-net worth
Total advisors
2
of 5 employees
Firm size
Supported
1-3 advisors or $200M+ in AUM
Average clients per advisor
137
Average account size
$293,592
About
Prophet Wealth Management provides discretionary portfolio management and general financial planning to individuals, high‑net‑worth clients, and charitable organizations. The firm reports about $80.4 million in discretionary assets across roughly 274 client relationships and also offers hourly consulting when clients have no assets to supervise.
The firm’s investment process combines traditional research with quantitative techniques such as optimization algorithms, computer‑based risk/return analysis, and statistical models to construct allocations using mutual funds, ETFs, and individual equity and fixed‑income securities. Prophet typically operates under discretionary authority, conducts regular portfolio reviews, and uses third‑party tools and custodial relationships to implement and monitor client strategies.
Notable distinctions disclosed in the brochure include a contractual transition‑assistance arrangement with its custodian (LPL Financial LLC) in the form of a multi‑year forgivable loan and related institutional services, which the firm identifies as a material conflict of interest. The brochure also notes the firm’s principal owns several outside business entities and that its advisors are paid by salary and bonus rather than by product commissions.
Client services
Expertise
Fee options
$100,000 - $999,999: 1.50% annually $1,000,000+: 1.00% annually
$150 per hour
Account minimum: $100,000 Minimum fee: Implied minimum fee of $1,500 based on minimum account size of $100,000
Main office location
Prophet Wealth Management
708 57 Th Street
Kenosha WI 53140, United States
Number of offices
1
Most active in
Illinois · Texas · Wisconsin
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Not sure where to start?
We'll help you think it through – whether you ultimately need an advisor or not.
Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.
By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. ("Warmer")