TS Prosperity Group

Name

TS Prosperity Group

Legal name

TS Prosperity Group

Website

https://tsprosperitygroup.com

Company type

Private

Founded year

1923

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Wealth Management and Trust Services

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

Personal & Family Trust Services (FSAAANAA)

akta.pro secondary industries

Charitable Giving & Philanthropic Trust Advisory (FSAEAKAH), High-Net-Worth & Private Wealth Digital Platforms (Digital Private Banking) (FSAGAEAI)

Keywords

• Fiduciary wealth management
• Investment advisory services
• Retirement planning services
• Estate planning services
• Nonprofit investment management

Headquarters

HQ city

Council Bluffs

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Wealth Management / Investment Advisory Fees: TS Prosperity Group generates revenue through investment management fees, likely calculated as a percentage of assets under management (AUM). As a fiduciary, the firm provides discretionary investment management and financial planning services. The division oversees nearly $225 million in AUM (as of 2026), making it the largest Iowa state-chartered C-Corp trust department west of Des Moines.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

TS Prosperity Group is the wealth management and trust division of TS Bank, providing fiduciary investment management and comprehensive financial planning to individuals, families, and nonprofit organizations. Its core services include Investment Planning, Retirement Planning, Estate Planning, Tax Planning, and Nonprofit Investment Management, anchored by a complimentary Discovery Meeting consultation that serves as the primary client onboarding mechanism.

Product overview

TS Prosperity Group is an investment division of TS Bank offering a unified suite of wealth management services. The company's core offerings include Investment Planning, Retirement Planning, Estate Planning, Tax Planning, and Nonprofit Investment Management — all delivered through a fiduciary approach with a solution-based prosperity plan. Based in Council Bluffs and Treynor, Iowa, TS Prosperity Group manages nearly $225 million in assets and is the largest Iowa state-chartered C-Corp trust department west of Des Moines. The company also offers Discovery Meetings as an initial consultation service to help clients understand their financial needs before engaging with the firm's planning services.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Planning / Investment Management Fiduciary investment management services that help clients make wise investment decisions to support their families and future; delivered through personalized portfolio management as one of the firm's four pillars of financial planning.
• Retirement Planning Comprehensive retirement planning services addressing unique needs and goals for retirement, including strategies for Social Security timing, safe spending, and tax efficiency.
• Estate Planning Estate planning services providing peace of mind that prosperity is protected for legacy to live on, helping families navigate important decisions around wealth transfer and legacy protection.
• Tax Planning Tax planning services integrated into the overall financial strategy to help clients minimize tax burden and maximize savings through coordinated investment and tax decisions.
• Nonprofit Investment Management Investment management services specifically designed for nonprofit organizations, foundations, and endowments, including investment policy statement development, portfolio management, spending policy guidance, and board reporting.
• Discovery Meeting A complimentary, no-obligation consultation designed to help prospective clients gain clarity, ask questions, and determine whether partnering with TS Prosperity Group is the right fit before engaging with planning services.

Quantifiable outcome

• Nearly $225 million in assets under management
• +2 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• Iowa Western Community CollegeminorStrategic or Co-development PartnerTS Bank partners with Iowa Western Community College for financial literacy initiatives, educational programs, and community outreach. IWCC serves as a venue for REV pitch competition events and other community programs.
• Advance Southwest Iowa CorporationcoreStrategic or Co-development PartnerTS Bank and Advance Southwest Iowa jointly operate the REV small business pitch competition since 2020. TS Bank contributes $5,000 to the program. Advance Southwest Iowa is the economic development organization for Council Bluffs and Pottawattamie County. The REV competition has awarded over $177,000 to small businesses since 2015.
• Junior AchievementcoreStrategic or Co-development PartnerTS Bank partners with Junior Achievement to deliver financial literacy education to local youth. JA inspires youth to make smart academic and economic choices while learning about entrepreneurship, savings, and their community.
• Iowa Department of EducationminorStrategic or Co-development PartnerTS Bank's K-12 financial wellness programming aligns with Iowa Department of Education 21st Century Financial Literacy standards. TS Institute was launched in 2009 with initial $250,000 commitment and $1 million commitment from TS Institute for program expansion.
• Children's Square U.S.A.coreStrategic or Co-development PartnerTS Bank employees have helped children living at Children's Square celebrate Christmas for over 8 years. TS Bank CEO Josh Guttau and his wife adopted their oldest daughter from Children's Square. TS Bank donates nearly $20,000 to Children's Square and hosts annual Christmas celebration with employees. TS Bank received a Jason Award in 2016 for its foster care support efforts.
• MICAH HousecoreStrategic or Co-development PartnerTS Bank has donated more than $45,000 to MICAH House since 2014. CEO Josh Guttau and daughter served as co-chairs of the Shelter Reimagined capital campaign in 2018. MICAH House is a community partner supported by TS Prosperity Group as well as TS Bank.
• Teammates Mentoring ProgramminorStrategic or Co-development PartnerTS Prosperity Group SVP Jennifer McCord has been a Teammates mentor since 2011. Teammates is a youth mentoring program operating in Council Bluffs area schools.
• Nebraska Enterprise Fund / SWI Enterprise FundminorStrategic or Co-development PartnerTS Bank helped jumpstart the Southwest Iowa Enterprise Fund, a community development financial institution (CDFI) offering direct loans to businesses and entrepreneurial training. TS Bank employees were intricately involved in launching this fund.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Others

• LPL Financial: Largest independent broker-dealer in the U.S., supporting thousands of advisor-led practices. Functions as an indirect peer as an alternative platform for advisors who leave community-bank trust departments, and as a custodian/technology counterparty for RIAs of TS Prosperity Group's size.

Regional players

• First National Bank of Omaha Wealth Management: Wealth management and trust services of FNBO, a large Nebraska-based regional bank. Comparable fiduciary trust and investment advisory model serving a neighboring Midwest geography with overlap in agricultural, family-business, and retiree segments.
• GreenState Credit Union Wealth Management: Iowa-based credit union with a growing wealth and investment services arm. A regional competitor serving overlapping Iowa mass-affluent and retiree households, particularly in eastern Iowa, with a comparable community-roots, fiduciary-adjacent positioning.

Direct peers

• MidWestOne Wealth Management: Wealth and trust services arm of MidWestOne Financial, an Iowa-headquartered community bank holding company. Comparable in scale, fiduciary trust offering, and Iowa/Midwest geographic footprint, with similar reliance on bank-branch referrals for client acquisition.
• Hills Bank Wealth Management: Wealth management division of Hills Bank, a long-standing Iowa-based community bank. Operates a fiduciary, trust- and investment-advisory model in eastern Iowa, directly competing for the same Iowa-based mass-affluent, retiree, and nonprofit client base that TS Prosperity Group serves.

Broad incumbents

• Northwestern Mutual Wealth Management: National financial services firm with a large captive advisor network offering wealth management, retirement, and estate planning. Competes for the same mass-affluent, family-wealth, and pre-retiree segments across the Midwest, including Iowa metros.
• Edelman Financial Engines: Large national independent RIA combining financial planning and managed-account solutions at scale. A relevant incumbent competitor for mass-affluent and retirement-planning households that TS Prosperity Group also targets, particularly through employer-plan rollovers.
• Creative Planning: Large national RIA offering comprehensive wealth, retirement, estate, and tax planning with a fiduciary model. Represents the consolidator/incumbent that sub-scale community-bank wealth divisions increasingly compete against for HNW households, especially as fee compression forces scale.

Emerging players

• Carson Group: Growing national RIA and wealth management platform with significant Midwest advisor network. Relevant as a consolidator peer and as an alternative platform for breakaway advisors, especially in the Omaha/Council Bluffs-adjacent market where TS Prosperity Group operates.
• Cambridge Investment Research: Large independent broker-dealer/RIA platform headquartered in Fairfield, Iowa. While not a direct trust-department competitor, Cambridge competes for the same Iowa-based advisor talent and mid-market advisory clients, and represents a possible exit path for advisors leaving community-bank wealth divisions.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/tsprosperity
• YouTubeyoutube.com/user/tsbank2011?feature=results_main
• Facebookfacebook.com/tsprosperitygroup
• LinkedInlinkedin.com/company/ts-prosperity-group
• Instagraminstagram.com/tsbank.igniteprosperity

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 TS Prosperity Group