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Prospect Financial Services LLC

Prospect Financial Services LLC. CRD 314154

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CRD: 314154

Prospect Financial Services LLC

(631) 424-5218
$431.0M Total AUM
$431.0M Disc. AUM
20.2% 3Y CAGR
12 Employees
613 ADV. Clients
5 yrs Firm Age

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Firm Details

Custodian
Charles Schwab & Company ยท LPL Financial
Clients
Retail and Institutional
Platforms
--
Established Date
07-01-2021
Office Locations
3

Office Locations

445 Broad Hollow Road Suite CL-43 Melville NY
-- Farmingdale NY
-- Raleigh NC

About Prospect Financial Services LLC

Prospect Financial Services LLC is a Melville-based RIA with 3 offices. The firm has been operating for 5 years. Managing $431.0M in total assets under management, with 9 advisory representatives. They custody assets with Charles Schwab & Company and LPL Financial.

Team overview

54 AVG AGE
$47.9M AVG AUM / ADVISOR
$703.1K AVG AUM / CLIENT
3.6 yrs AVG TENURE
12 Employees
9 Advisory Reps
9 RIA Reps
5yrs Firm Age

Insights

Available
Available
Available
Available
Available
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Asset Classes

Available

Client Personas

Available

Investment Themes

Available

Investment Vehicles

Available

Services

Available

Owner & Executives

S

SEAN PETER ROONEY

Chief Compliance Officer, Managing Partner

CRD
#2635431
Ownership
50% but less than 75%
Available
Available
Available
J

JAY L NATHAN

PARTNER, Vice President

CRD
#4899753
Ownership
25% but less than 50%
Available
Available
Available

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Contacts

D

DAVID FRANK GERKEN

--

CRD
#2452301
Available
Available
Available
MICHAEL ALLAN GOLDFEDER

MICHAEL ALLAN GOLDFEDER

--

CRD
#2542820
Available
Available
Available

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
09-01-2022
08-08-2023
04-19-2024
01-31-2025
03-09-2026
Category Assets AVG. Account size
Discretionary $430,992,588 $372,831
Non-Discretionary $0 --
Total $430,992,588 $372,831

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Separately Managed Accounts

Total SMA Asset: Available

Locked Total SMA
Equity - Exchange:
Available
Corporate - Investment Grade:
Available
U.S. Government/Agency:
Available
Municipal Bonds:
Available
Public Funds:
Available
Cash:
Available
Corporate - Non-Investment Grade:
Available
Other:
Available
Asset class Assets Assets %
Equity - Exchange Available Available
Corporate - Investment Grade Available Available
U.S. Government/Agency Available Available
Municipal Bonds Available Available
Public Funds Available Available
Cash Available Available
Corporate - Non-Investment Grade Available Available
Other Available Available
Total Available Available

13F Holdings | Q1 2026

Issuer Class CUSIP Ticker % Value
Available Available Available Available Available Available
Available Available Available Available Available Available
Available Available Available Available Available Available
Available Available Available Available Available Available
Available Available Available Available Available Available

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