RK
Robert J. Kramer
PROSPERITY CAPITAL ADVISORS
Ottumwa, IA 52501
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CRD#: 1715096
RK
Professional summary
Robert Joseph Kramer, AIF®, ChFC®, CLU®, who also goes by Bob Kramer, is a registered financial advisor currently at PROSPERITY CAPITAL ADVISORS located in Ottumwa, Iowa.
Robert is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1987. Robert has worked at 7 firms and has passed the Series 63, SIE, Series 7 and Series 6 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Bob Kramer
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
1. Mr. Kramer is the 30% Owner of Financial Partners, Inc. which is the operating entity and d.b.a. for Mr. Kramer's advisory and insurance business. Mr. Kramer spends approximately forty hours per week during trading hours working under this entity.? 2. Mr. Kramer is a licensed insurance agent conducting business from his registered location. In this capacity, he may offer fixed insurance products including but not to limited life insurance, annuities, disability insurance, long term care insurance and Medicare supplements and receives normal and customary commissions as a result of any sales. In addition, he may receive other compensation such as fixed life trails. Mr. Kramer spends approx. 10 hrs/week during trading hours on this activity. 3. Mr. Kramer co-owns and manages the office building with his spouse through their trust. Mr. Kramer spends approximately 5 hours per month on this activity with approximately one hour of that time spent during market hours. Mr. Kramer occasionally rents out office space. 4. Mr. Kramer is a book author. He may receive nominal income from book purchases. Start date: 8/27/19, less than one hour per month during non-market hours. 6. Mr. Kramer is a board member of the Ottumwa Park and Recreation Foundation aka Friends of Ottumwa's Parks, Ottumwa, IA. Not-for-profit 501(c)3 working to address underfunded parks department for the community. Start date: 7/8/20 for 2 year term, approx. 10 hrs/mo with 50% during mkt. Not investment related. 7. Mr. Kramer is a freelance writer for a personal blog and writes on subjects outside of the financial services industry. Start date: 8/29/22, approx. 1-2 hours per month during non-trading hours. This is not an investment related activity. 8. Mr. Kramer participates in competitive disc golf tournaments and events throughout the year. Receive payments, via prize winnings, from competitions. Start date: 12/13/22, approx 6-12 hrs per event. This is not an investment related activity.
CRS (Client Relationship Summary) - RIA
Click below to view Robert Joseph Kramer's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
Experience
Current
May 27, 2025 - Present
PROSPERITY CAPITAL ADVISORS
Office #1: 2116 North Court, Suite 1, Ottumwa, IA 52501RIA
CRD#: 156480
Ottumwa, IA
Past
August 1, 2016 - May 27, 2025
SPC
RIA
CRD#: 110692
Ottumwa, IA
Past
August 1, 2016 - May 27, 2025
SIGMA FINANCIAL CORPORATION
BD
CRD#: 14303
Ottumwa, IA
Past
July 8, 2003 - August 2, 2016
VSR FINANCIAL SERVICES, INC.
RIA
CRD#: 14503
OTTUMWA, IA
Past
July 8, 2003 - August 2, 2016
VSR FINANCIAL SERVICES, INC.
BD
CRD#: 14503
OTTUMWA, IA
Past
January 1, 2001 - July 11, 2003
TOWER SQUARE SECURITIES, INC.
RIA
CRD#: 833
OTTUMWA, IA
Past
February 5, 1999 - July 11, 2003
TOWER SQUARE SECURITIES, INC.
BD
CRD#: 833
EL SEGUNDO, CA
Past
June 27, 1990 - February 23, 1999
NATIONWIDE FUND DISTRIBUTORS LLC
BD
CRD#: 25910
COLUMBUS, OH
Past
October 2, 1987 - July 3, 1990
ALLIED GROUP SECURITIES CORPORATION
BD
CRD#: 3638
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
PC
PROSPERITY CAPITAL ADVISORS
C2P CAPITAL ADVISORY GROUP, LLC | WEALTH LOGIC SOLUTIONS | UNITED FINANCIAL SOLUTIONS | THE SMITH GROUP TAX & WEALTH ADVISORS | THE JL SMITH GROUP | THE CHAMBERLIN GROUP | PROSPERITY CAPITAL ADVISORS
CRD#: 156480 / SEC#: 801-72187
RIA
Registered Investment Advisory firm - (3/22/2011 Approved)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.Highlighted states indicate IAR registrations
IAR
Iowa(5/27/2025)
IAR
Missouri(5/27/2025)
IAR
Texas(5/27/2025)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Current Firm
PC
PROSPERITY CAPITAL ADVISORS
C2P CAPITAL ADVISORY GROUP, LLC | WEALTH LOGIC SOLUTIONS | UNITED FINANCIAL SOLUTIONS | THE SMITH GROUP TAX & WEALTH ADVISORS | THE JL SMITH GROUP | THE CHAMBERLIN GROUP | PROSPERITY CAPITAL ADVISORS
CRD#: 156480 / SEC#: 801-72187
RIA
Registered Investment Advisory firm - (3/22/2011 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
30400 Detroit Road Suite 201, Westlake, OH 44145
Mailing Address
Phone number
(888) 240-0064
Established
Firm type
Fiscal year end
# of Employees
202
SEC notice filing (42 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 14,823 |
| AUM (Assets Under Management) | $ 3,684,966,200 |
Red Flags
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