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Prospera leaps into the acquisition game with Dorsey deal

Prospera

With just two deals under its belt after nearly 40 years in the business, the $16 billion Dallas broker-dealer and RIA is ready to become more active in the M&A space.

Dallas-based Prospera Financial Group has completed just two acquisitions in its 39-year history, but sees more deals in its future following the addition of New Orleans-based Dorsey & Co. on Dec. 3.

Dorsey, which has $1.4 billion under management and 16 advisers, will operate as an independe

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