As a leading financial advisor focused on helping businesses think forward, we transitioned our own Firm’s ownership responsibly. Our ESOP not only provides a means for transition but also fosters an ownership mentality and culture in our employees.
Prairie fosters an ownership culture and collaborative work environment which helps employees think and act like owners. They are highly involved and engaged as a workforce, motivated to work hard for clients and help businesses think forward.
On January 1, 2012, Prairie implemented an Employee Stock Ownership Plan (ESOP). Since Prairie focuses on ownership transition for its clients, the founders wanted to ensure Prairie had its own smooth transition. Currently, the ESOP provides qualified employees to participate in a plan with over 50% ownership of the Firm. As co-founder Ken Serwinski says, Prairie “not only prescribes but takes its own medicine.”
“Our employees are incredibly talented and dedicated. They have contributed tremendously to Prairie’s achievements and sharing ownership with them not only rewards their contributions but also provides them with an incentive for their continued dedication,” says Dave Diehl, CEO of Prairie. “As a leading financial advisor to ESOP companies across the country, employee ownership aligns the interests of the Firm with our employees.”
We Are Employee-Owned
Prairie Capital Advisors implemented a Employee Stock Ownership Plan (ESOP) on January 1, 2012
Listen to how Prairie Capital Advisors thought about its own transition: