Independent Broker Prospera Financial Services Wins’s 2022 Industry Awards

Copyright 2022 PR Newswire. All rights reserved

Dallas-based wealth management firm wins practice management and CEO honors at annual event

DALLAS, September 29, 2022 /PRNewswire/ — Prospera Financial Services (Prospera), a wealth management firm that supports a national network of independent financial advisors, has been announced as the 2022 Industry Award winner in the Practice Management and CEO categories of the year for brokers with less than 1,000 advisors by, a leading digital resource for financial advisors. The “Wealthies” program is the only awards program to recognize the outstanding achievements of companies, individuals and organizations that support the success of financial advisors.

Prospera won the award in the Practice Management category for its Protect Engagement Score, an initiative led by Abel Garcialate Chief Compliance Officer of Prospera, who died in October 2021. The dashboard was developed as a tool for understanding risk and compliance best practices, providing advisors with their own detailed report – updated weekly and hosted on the cloud-based advisor workstation of Will prosper.

“One of Abel’s lasting legacies at Prospera was the Protect Engagement Score, and that’s what makes this award even more meaningful,” said COO, Tarah Williams. “He has dedicated his nearly 30-year career in the industry to helping ensure advisor protection and compliance. We are proud of Abel’s achievement and are honored to accept this award on behalf of our colleague and friend.”

CEO of the Year Award Honors Co-CEOs of Prospera, David Cordier and Tim Edwards, who led the company through its greatest period of growth, doubling the company’s revenue over the past three years. The pair helped shape and expand the leadership team, create synergies between departments and transfer a record number of advisers to the firm.

“It is an honor to be recognized within the industry with this award,” said Tim Edwards, co-CEO of Prospera. “David and I are honored to share this with the entire Prospera family.”

Prospera – which celebrates 40 years of supporting advisors in 2022 – has already won three industry awards. In 2015, the company won awards in the Transition Support and Service categories for brokers/dealers with fewer than 1,000 advisors for its Launch Your Way system and Gold Standard Service initiative. In 2019, Prospera won the award in the Technology category for brokers/dealers with less than 1,000 advisors for its new advisory portfolio modeling tool.

About Prospera Financial Services
Founded in 1982, Prospera Financial Services, Member FINRA/SIPC and registered investment adviser, offers the flexibility and resources found only with some of the largest brokers in the country. Based in Dallas, Texas, Prospera was named Broker-Dealer of the Year by Investment Advisor Magazine in 2009, 2010, 2012, 2014, 2015, 2018 and 2019. The firm supports independent financial advisers nationwide. For more information about Prospera, visit

About, an Informa company, provides everything wealth professionals need to know to stay informed about the industry, build stronger relationships, improve their practice and grow their business – all from one site. To learn more about the WealthManagement Industry Awards, visit

Quote View original content for multimedia download:

SOURCE Prospera Financial Services

Stephen V. Lee