Prosperity Partners (PPI) is a settlement funding company located in Lake Park, Florida and founded in 1993. PPI should not be confused with a religious-based financial consulting firm by the same name, which is located in Missouri and does not deal in structured settlements.
PPI offers funding for lottery, casino and sweepstakes winnings as well as legal and insurance settlements and annuity payments.
One website for PPI lists the founders as Randall Simoes and Thomas Balletta. While both maintain profiles on LinkedIn.com, there is little information publicly available about their education and experience.
According to the company website, PPI maintains its own legal department that regularly works with its own network of litigators and attorneys specializing in a range of financial issues including tax law and bankruptcy. PPI also works with a number of financial consultants, who receive their own fees from structured settlement sales transactions; these fees are set by the consultants and thus can vary from one case to another.