Prospera Financial Services has added Walter Meranze, Ken Dysart, Sean Gogola and Jay Bass of Pennsylvania-based Cordatus Wealth Management, bringing USD1.2 billion in assets under management.
Prospera, a privately held company, is a Texas-based financial firm founded in 1982 as a full-service, boutique broker-dealer and support organisation for independent financial professionals.
Offering in-house money management, Cordatus Wealth Management provides holistic counsel paired with transparency and an open office. Clients have access to a spectrum of financial solutions, including third-party funds, individual stocks and bonds and alternative investments.
"Our goal has always been to be our clients' advocate, financial coach, and trusted adviser. Being independent gives us the best opportunity to deliver on those goals,” says Dysart.
Meranze, founder and president, began his career as a financial adviser in 1967, working for several large firms. He is a perennial Chairman's level qualifier and has appeared frequently on numerous top performer surveys, including Barron's national Top 100/Pennsylvania Top 1000 Broker lists.
"As an independent firm, we were looking to partner with an organisation that meets both our business objectives and clients' expectations. That's why we chose Prospera, a five-time winner of Investment Advisor's Broker-Dealer of the Year Award, to offer our clients access to all of the products and services of the largest broker-dealers, while assuring our clients the service-driven culture of a boutique firm,” says Dysart
"We are very excited about the opportunity to partner with Cordatus Wealth Management. Providing the Prospera Gold Standard service and support that this high calibre team values, aligns well with the Cordatus culture, making this a really good fit for both of us. We couldn't be happier to welcome them to the Prospera family,” says Tim Edwards, principal and executive vice president, Prospera.