SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Prota Financial
Houston, TX
Prota Financial, LLC, CRD 283776
Firm filing updated February 26, 2026 ·
- $270.4MAssets
- 13Advisory staff
- 1,808Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Individuals588
- High net worth individuals85
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 588 | $121.1 million |
| High net worth individuals | 85 | $148.8 million |
| Corporations or other businesses not listed above | Fewer than 5 clients | $389,633 |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for individuals and/or small businesses
Assets and accounts
- Regulatory assets$270.4 million
- Accounts1,808
- DiscretionaryAll accounts
People
- Employees13
- Advisory staff13
- Broker-dealer reps0
- Licensed insurance agents0
Advisors
11 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- Legal name: Prota Financial, LLC SEC-registered investment advisor. CRD 283776, SEC file 801-125895.
- Registered with the SEC as an investment advisor (status date on record: June 16, 2022).
Is Prota Financial a fiduciary?
Short answer: Prota Financial is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.