Wealth manager, independent · Hanover, MD
Prostatis Financial Advisors Group
Prostatis Group LLC · SEC-registered investment adviser · CRD 132662 · SEC 801-112501
At a glance
Prostatis Financial Advisors Group is an SEC-registered investment adviser based in Hanover, Maryland, with $605 million in regulatory assets under management as of its Form ADV filed April 30, 2026. Its largest client group by assets is individuals, and it reports 1,568 individual clients. By Form ADV it is a wealth manager, ranked 2,470th of 8,915 wealth managers and 7,069th of 17,210 SEC-registered advisers by assets.
Main office 410-863-1040prostatisadvisors.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $605M
- Rank among wealth managers
- #2,470 of 8,915
- Rank among all SEC RIAs
- #7,069 of 17,210
- Rank in Maryland
- #97 of 227
- Individual clients
- 1,568
- High-net-worth clients
- 131
- Accounts
- 3,806
- Discretionary
- 100% of AUM
- Employees
- 27
- Advisory staff
- 16
- Offices
- 12
Owners and executives on its Form ADV
- Michael A. CanetChief Compliance Officer
- Ryan C HerbertManaging Director
Custody and brokerage
Broker-dealer
Hybrid RIA
Prostatis Financial Advisors Group is a hybrid RIA: 3 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed April 2026) names World Equity Group and World Equity as the broker-dealer its advisers are registered with.
me of our Investment Adviser Representatives (“IAR”) are registered representatives of World Equity Group, Inc (“World Equity”), a full-service broker-dealer, member FINRA/SIPC, which compensates them for effecting securities transactions.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 1,437 | $361M | 60% |
| High-net-worth individuals | 131 | $243M | 40% |
| Charitable organizations | – | $1M | <1% |
Disciplinary disclosures
Prostatis Financial Advisors Group answers yes to 4 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
Form ADV and brochures on the SEC’s adviser search ↗prostatisadvisors.com ↗
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The full record on Prostatis Financial Advisors Group
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 8 years of filings
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- Growth over one, three and five years
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- Rank against 4,913 peers of its type and size
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- Owners and executives, with titles and stakes
- 2 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Background
Questions
How much does Prostatis Financial Advisors Group manage?
Prostatis Financial Advisors Group reports $605 million in regulatory assets under management across 3,806 accounts, 100% of it on a discretionary basis, on its Form ADV filed April 30, 2026.
What kind of firm is Prostatis Financial Advisors Group?
Prostatis Financial Advisors Group is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are Prostatis Financial Advisors Group’s clients?
By assets, its largest client types are individuals ($361 million, 1,437 clients); high-net-worth individuals ($243 million, 131 clients); charitable organizations ($1 million).
Does Prostatis Financial Advisors Group have any disciplinary history?
Prostatis Financial Advisors Group answers yes to 4 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Prostatis Financial Advisors Group’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-04-30), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →