What Prairie Capital does

Prairie Capital Management Group, LLC is a Kansas City-based registered investment adviser founded in 1995 that operates as a multi-family office serving ultra-high net worth individuals, families, family offices, and institutional clients across approximately 30 U.S. states. The firm delivers a comprehensive suite of wealth management and family office services — including financial planning, investment management, philanthropic planning, consolidated reporting, portfolio risk management, and access to private investments — delivered through Managing Directors who serve as primary relationship managers and members of the Investment Committee on a non-discretionary basis. Three founding partners (Brian N. Kaufman, Curtis A. Krizek, and Rob R. Schneider) continue to lead the firm, supported by ~40-45 employees with 200+ years of combined investment experience and an average tenure of 11 years.

The firm's core technology is an open architecture investment platform that constructs portfolios by dividing client assets across multiple investment strategy sleeves managed by independent third-party portfolio managers, rather than proprietary products. This multi-manager, multi-strategy approach is supported by a 30-year due diligence framework, consolidated reporting across multiple custodians (notably Fidelity Institutional Wealth Services), and the Flint Hills Funds vehicle — a fund-of-funds platform spanning nine strategy categories including private equity, hedge funds, credit, activist, energy/minerals, long/short equity, co-investments, sector-specific, and growth/venture.

Prairie Capital generates revenue primarily through asset-based advisory fees (0.20%-1.00% depending on AUM tier, billed quarterly) with a $30,000 minimum annual fee, supplemented by performance-based fees under SEC Rule 205-3, fixed and hourly consulting fees, and Flint Hills fund management fees (0.50%-2.00%) plus carried interest of 5%-20%. Distribution is entirely direct via Managing Director-led relationships and referral networks of attorneys, accountants, and estate planners; no channel partners or marketplace presence. The firm is a wholly-owned indirect subsidiary of Focus Financial Partners, LLC, which is majority-owned by investment vehicles affiliated with Clayton, Dubilier & Rice and Stone Point Capital, and recently expanded into Texas through the December 2024 acquisition of Brownlie & Braden Advisors.

Name

Prairie Capital

Legal name

Prairie Capital Management Group, LLC

Website

https://prairiecapital.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

Prairie Capital Management Group is a Kansas City-based multi-family office and SEC-registered investment adviser founded in 1995, serving ultra-high net worth individuals, families, and institutions across ~30 U.S. states with open-architecture wealth management, private investments, and the Flint Hills fund-of-funds platform.

Ownership category

akta.pro rank

Product category

Multi-Family Office Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Other Financial Vehicles (525990)

SIC

Investment Advice (6282)

akta.pro primary industry

Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)

akta.pro secondary industry

Thematic / Sector-Focused Multi-Manager Platforms (FSANAGAH)

Keywords

• Wealth management services
• Multi-family office
• Investment advisory
• Private investment access
• Institutional consulting

Headquarters

HQ city

Kansas City

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Asset-Based Advisory Fees: Fees calculated as a percentage of assets under management, billed quarterly or monthly. Fee schedule ranges from 0.80%-1.00% for $0-$10M to 0.20%-0.35% for $100M+ assets. Minimum annual fee of $30,000 applies to all accounts.
2. Performance-Based Fees: Performance or incentive-based fees offered to qualified clients as defined under SEC Rule 205-3. Fees may consist of a lower base fee with additional fees earned if the client portfolio outperforms its benchmark index, or a share of capital gains on unrealized appreciation. Payable quarterly in arrears.
3. Flat Quarterly/Monthly Fees: Fixed fees based on combination of factors including total assets under management and specific advisory services provided. Reviewed periodically and adjusted by mutual agreement.
4. Fixed Fees for Asset Consulting Services: Fixed fees for specific services such as origination of investment policy statement, asset allocation study, and manager search. These may be payable in addition to percentage-based fees.
5. Hourly Charges: Certain asset consulting services may be provided on an hourly basis upon client request.
6. Flint Hills Fund Management Fees: Management fees typically ranging from 0.50% to 2.00% per annum of capital commitments or contributions for the Flint Hills Fund-of-Funds. Additional performance-based fees including carried interest arrangements of 5% to 20% of profits after limited partners recover capital and preferred return.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Prairie Capital Management Group is a registered investment adviser operating as a multi-family office, providing personalized wealth management and family office solutions to ultra-high net worth individuals, families, and institutions. Core services include financial planning, investment management, philanthropic planning, consolidated reporting, private investment sourcing, and institutional consulting for non-profits, foundations, and endowments. The firm also operates the Flint Hills Funds, a multi-manager, multi-strategy fund-of-funds platform offering access to private equity, hedge funds, and capacity-constrained investment opportunities.

Product overview

Prairie Capital is a multi-family office providing personalized financial advice and family office solutions. The core offering is a comprehensive suite of wealth management and family office services including Wealth Management, Private Investments, Institutional Consulting, Family Office Solutions, Investment Selection, Wealth Planning, and Family Management. The firm operates Flint Hills Funds, a multi-manager, multi-strategy fund of funds platform offering access to private equity, hedge funds, and differentiated investment opportunities across multiple strategies including Activist Strategies, Co-Investment Funds, Credit Opportunities, Diversified Strategies, Energy and Minerals, Long/Short Equity, Private Equity, Sector-Specific Funds, and Growth and Venture Opportunities. Additional services include Credit and Cash Management Solutions through UPTIQ and Flourish, Insurance Solutions through Focus Risk Solutions, and Asset Consulting Services.

Differentiator

Problem solved

Functional benefit

Brands

• Flint Hills Funds: Fund of funds that pools capital from various investors and invests in multiple private equity funds or hedge funds, offering access to capacity-constrained investment opportunities.

Products and services

• Wealth Management Comprehensive wealth management and family office services including financial planning, investment management, philanthropic planning and coordination, consolidated reporting, and portfolio risk management for ultra-high net worth individuals and families.
• Private Investments Sourcing, analyzing, and structuring private investment opportunities that are capacity-constrained or unavailable to the general public, leveraging deep industry experience, scale, and professional networks.
• Institutional Consulting Partnership with non-profit organizations, foundations, endowments, and other institutional clients to manage investment complexity as they grow, including investment policy development, asset allocation, and manager selection.
• Family Office Solutions A complete, holistic suite of family office services simplifying the complexities of financial life, including single point of contact, integration of internal expertise with external specialists, philanthropic planning, trust administration, bill pay, risk management, lending solutions, and lifestyle needs.
• Flint Hills Funds A multi-manager, multi-strategy fund of funds that pools capital from various investors and invests in multiple private equity funds or hedge funds. Offers access to capacity-constrained investment opportunities across Activist Strategies, Co-Investment, Credit Opportunities, Diversified Strategies, Energy and Minerals, Long/Short Equity, Private Equity, Sector-Specific, and Growth and Venture Opportunities.
• Credit and Cash Management Solutions

Quantifiable outcome

• Over 30 years of operation serving ultra-high net worth individuals and institutions
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Brownlie & Braden AdvisorsminorStrategic or Co-development Partner · 15 December 2024Dallas, Texas-based Focus partner firm that merged into Prairie Capital Management Group in December 2024. Jim Braden joined as a result of this merger. This expansion added the Dallas/Fort Worth market presence to Prairie Capital's operations.
• Fidelity Institutional Wealth ServicescoreTechnology or IntegrationRecommended custodian broker-dealer providing brokerage, custody, research, and access to mutual funds. Provides Prairie Capital with institutional relationship benefits including technology access, research, practice management resources, and conference sponsorship.
• Focus Risk Solutions, LLCminorChannel Partner/ Reseller/ DistributorWholly-owned subsidiary of Focus Financial Partners providing insurance solutions. FRS refers clients to third-party insurance brokers and receives a portion of commissions from insurance carriers. Revenue influences additional compensation for financial professionals.
• Cotton Creek Capital Management, LLCminorStrategic or Co-development PartnerPrivate fund manager owned by Prairie Capital Principals serving as general partner of Cotton Creek Capital Partners and Cotton Creek Terrace SBS. Prairie Capital may recommend that advisory clients invest in CCCM Funds, creating co-investment alignment. Administrative Services Agreement exists between Prairie Capital and CCCM.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Bessemer Trust: Bessemer Trust is a multi-family office serving ultra-high-net-worth families with comprehensive wealth management, investment management, and family office services. It is one of the most direct comparables to Prairie Capital in terms of UHNW focus, multi-generational service model, and fee structure.
• GenSpring Family Offices: GenSpring Family Offices is a multi-family office serving UHNW families with comprehensive wealth management and family office services. It is directly comparable to Prairie Capital's core family office offering and target client segment.
• Aspiriant: Aspiriant is an independent wealth management firm serving HNW and UHNW clients with comprehensive financial planning and investment advisory services. It competes with Prairie Capital in the UHNW advisory space with similar fee structures and personalized service models.
• Cresset: Cresset is a multi-family office providing wealth management, investment advisory, and family office services to UHNW clients. It is comparable to Prairie Capital in client profile, comprehensive service offerings, and emphasis on alternative investment access.
• Corient: Corient is a national wealth management firm providing comprehensive financial planning, investment management, and family office services to UHNW clients. It competes with Prairie Capital in the UHNW segment with similar holistic service offerings.
• Cerity Partners: Cerity Partners is a multi-family office and wealth management firm serving UHNW families and institutions with comprehensive financial advisory services. It is highly comparable to Prairie Capital in client profile, service offerings, and multi-family office structure.
• Glenmede: Glenmede is an investment and wealth management firm serving UHNW families, foundations, and endowments with discretionary and non-discretionary advisory services. It is comparable to Prairie Capital in its institutional and family office client mix and emphasis on open architecture investing.
• Wetherby Asset Management: Wetherby Asset Management is an independent wealth management firm serving UHNW individuals, families, and institutions with personalized investment advisory services. It is comparable to Prairie Capital in its long-standing client relationships and personalized advisory approach.
• Mariner Wealth Advisors: Mariner Wealth Advisors is a national wealth advisory firm offering comprehensive financial planning, investment management, tax, and family office services to UHNW individuals and families. It competes directly with Prairie Capital in the multi-family office space with a similar open architecture approach.

Broad incumbents

• Focus Financial Partners: Focus Financial Partners is Prairie Capital's parent company and a leading partnership of independent wealth management firms. As the parent aggregator, it provides context for Prairie's operational structure and access to consolidation opportunities, though Focus itself operates at much greater scale across many partner firms.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/prairie-capital

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Prairie Capital