Craig Hundt, founder of Prairie Wealth Advisors, Inc. (formally known as Hundt Capital Management), was raised by Depression-era, blue collar parents who never threw anything away and worked hard to provide for their family. He began working at the age of 14, and in high school worked at a rendering plant—a smelly, but financially lucrative position for a high school student. After graduation, he went to college for a year before deciding he was smarter than his father, quitting school and working for the railroad. After getting married, he realized if he wanted his life to get better, he would have to go back to school. He earned a degree in finance from Wayne State College…and the rest is history!
In 1988, Craig joined the respected firm of Shearson, Lehman Brothers, and worked with them through a number of firm changes, including their acquisition by Smith Barney. In 2003, he established his own firm: Hundt Capital Management now known as Prairie Wealth Advisors, Inc. Since then, he and his colleagues have nurtured a financial advisement culture based on solid client relationships and preservation of wealth through custom investment plans that include regular analysis and adjustment. Today, Prairie Wealth Advisors, Inc serves clients throughout the Midwest and as far away as both coasts.
Prairie Wealth Advisors, Inc. is a Registered Investment Advisor (RIA) based in Lincoln, Nebraska where Craig resides with his wife, Vicky. They have 5 children and 2 grandchildren!
At Prairie Wealth Advisors, Inc., we aren’t merely guided by the rules of business ethics. We also rely on the virtue of personal values. Our fee-based structure allows us to charge clients an agreed upon price based on their invested assets to help them obtain financial success—however they define it. We are extremely proud of the way we do business and happily hang our hat on the integrity that flourishes in this company. Call us old fashioned, but just like our clients, we believe in working hard to make an honest living.
What is an RIA?
A Registered Investment Advisor (RIA) is a professional advisory firm that offers personalized financial advice to its clients, many of whom are affluent.
Why might an independent RIA be a good choice for an investor?
Many independent RIAs work with complex portfolios and address unique needs that require a highly customized level of investment management strategy and consultation.
Many independent RIAs are owned by the individual advisors who run them.
RIA firms have a fiduciary duty to act in the best interest of their clients.
Independent RIAs generally have affiliations with a variety of firms who assist with tax planning, estate planning, money management and more. These affiliations allow them to help their clients with complex financial needs.
An independent RIA’s affiliations generally make available a wide universe of products and services to them, so that an RIA can tailor solutions to an individual client’s goals.
Some independent RIAs’ compensation is directly related to growing their clients’ assets, which can benefit both the advisor and client alike.
Many affluent investors prefer to work with an RIA firm for the reasons stated above. In fact, RIAs recently received some prominent exposure among the nation’s investors in a Wall Street Journal Weekend article titled, “Thinking about hiring an