Five Star award winner Elliot Kallen

PROFESSIONAL PROFILE

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Elliot Kallen

CEO

Prosperity Financial Group, Inc.

2333 San Ramon Valley Blvd #200

San Ramon, CA 94583

Office: 925-314-8503

Cell: 510-206-1103

elliot@prosperityfinancialgroup.com
www.prosperityfinancialgroup.com

Professional Approach

Elliot Kallen is a visionary financial leader with over 30 years of entrepreneurial success, driving his elite Financial Planning & Advising practice. As the founder and President of Prosperity Financial Group, Inc., Elliot has not only built international organizations but also led two companies as CEO before establishing his own firm. His expertise makes him a sought-after keynote speaker on motivation, marketing, and financial strategies, frequently sharing his insights with charities and media outlets. Originally from the New Jersey/New York area, Elliot brings his East Coast energy and unwavering passion to his profession and family every day.

Elliot is highly credentialed, holding licenses in securities (Series 7, 24, 55, 63, 65 & 66) through Fortune Financial Services, as well as an insurance license since 1993, representing a range of products and services from the nation’s premier insurance companies.

His practice focuses on the comprehensive needs of today’s entrepreneurs, business owners, and affluent retirees within the Private Client Group. This includes specialized services in estate planning, investment and portfolio planning, college planning, insurance and risk management, and employee benefit planning.

Over his 30-year career in finance, Elliot has been honored with numerous awards, including the Lifetime Achievement Award by Marquis Who’s Who in 2020, the Five Star Professional Award in 2016, 2020, and 2023, and recognition in Who’s Who of Professionals in 2000 and 2007. He was also named among the Top 300 Financial Advisors to the Defined Contribution & 401(k) Industry in 2012, honored as the 2003 NRCC Businessman of the Year, and featured in the 2006 Wall Street Journal. Additionally, Elliot received the Ronald Reagan Gold Medal Award in both 2011 and 2012, along with various other prestigious accolades.

Elliot holds a BA in both Accounting and Economics from Rutgers University in New Jersey. His commitment to community service is evident through his active participation on various boards, including The Boys and Girls Clubs of the Diablo Valley, the American Cancer Society of Contra Costa County, and Congregation B’nai Shalom, where he has been instrumental in raising millions of dollars. As President of Prosperity Financial Group, Elliot has led his organization to support numerous charitable initiatives, a reflection of his lifelong dedication to philanthropy.

In 2015, following the tragic loss of his youngest son, Jake, Elliot founded A Brighter Day, a charity dedicated to preventing teen suicide and providing resources for mental health. This cause is close to his heart, and he has been deeply involved in its mission ever since.

Elliot is also the proud father of twin adult children, and two adult stepchildren, a devoted grandfather to his grandson, and a loving husband. Currently, he serves as the President of Prosperity Financial Group and is a Partner at Prosperity Wealth Management.

See Accomplishments

This award was issued on 10/1/24 by Five Star Professional (FSP) for the time period 1/9/24 through 8/9/24. Fee paid for use of marketing materials. Self-completed questionnaire was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed criteria. 1567 San Francisco East Bay-area wealth managers were considered for the award; 85 (5% of candidates) were named 2024 Five Star Wealth Managers. The following prior year statistics use this format: YEAR: # Considered, # Winners, % of candidates, Issued Date, Research Period. 2023: 1,291, 87, 7%, 10/1/23, 1/9/23 - 7/31/23; 2022: 1155, 90, 8%, 10/1/22, 1/17/22 - 7/15/22; 2021: 1413, 89, 6%, 10/1/21, 12/28/20 - 7/30/21; 2020: 1260, 88, 7%, 10/1/20, 1/13/20 - 8/7/20; 2019: 1340, 104, 8%, 10/1/19, 12/31/18 - 8/9/19; 2018: 1397, 113, 8%, 10/1/18, 1/16/18 - 8/10/18; 2017: 1049, 95, 9%, 10/1/17, 1/13/17 - 7/28/17; 2016: 948, 182, 19%, 9/1/16, 2/24/16 - 8/22/16; 2015: 2261, 183, 8%, 10/1/15, 3/5/15 - 7/31/15; 2014: 4527, 204, 5%, 10/1/14, 3/5/13 - 7/31/13; 2013: 858, 195, 23%, 10/1/13, 3/5/12 - 7/31/12; 2012: 1145, 233, 20%, 10/1/12, 3/5/11 - 7/31/11.

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Prosperity Financial Group, Inc. is an Independent Registered Advisory Firm. Prosperity Financial Group and Fortune Financial Services are not affiliated companies. Securities are offered through Fortune Financial Services.

Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. The award is based on 10 objective criteria. Eligibility criteria - required: 1. Credentialed as a registered investment adviser (RIA) or a registered investment adviser representative; 2. Actively licensed as a RIA or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by FSP, the wealth manager has not; A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or FSP's consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through FSP's consumer complaint process; feedback may not be representative of any one client's experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria - considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. FSP does not evaluate quality of services provided to clients. The award is not indicative of the wealth manager's future performance. Wealth managers may or may not use discretion in their practice and therefore may not manage their clients' assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by FSP or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by FSP in the future. Visit www.fivestarprofessional.com.