Astra Prime Wealth Management
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About
Astra Prime Wealth Management provides fee-based, custom investment management to a small, concentrated roster of primarily high-net-worth individuals and related entities such as trusts, estates, charitable organizations, and business clients. The firm manages roughly $47 million and delivers both discretionary and non-discretionary portfolio management rather than participating in wrap fee programs.
The firm’s investment approach centers on a tactical asset-allocation strategy intended to reduce risk and improve performance, using fundamental, technical, and cyclical analysis as appropriate. Astra Prime implements this approach with a range of techniques that include option strategies, covered option writing, short sales, margin trading, and the use of cash positions for hedging, and it reviews accounts on an ongoing basis to align portfolios with client objectives.
Astra Prime is atypical for a firm of its size in that it offers performance-based fee arrangements to qualified clients and applies a high-water mark and trading and suitability policies to address related conflicts of interest. As a recently formed, small advisory firm with a concentrated client base and principals who bring experience from larger financial and risk-management roles, it couples advanced trading strategies and performance-fee capability with a focus on HNW relationships rather than non‑high‑net‑worth retail clients.
Client services
Expertise
Fee options
Up to 2.00% per annum depending on type, complexity and size (negotiable)
Maximum hourly rate of $300, negotiable
Up to 20% of calendar year gains subject to high water mark and qualified client status
Account minimum: $500,000
Main office
See office317 East Carson Street, Suite 146
Pittsburgh PA 15219
Advisors at this office
4
Offices (2)
Most active in
Pennsylvania · Virginia
Also doing business as
Astra Prime Wealth Management · Astra Prime Wealth Management, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Quick links
Advisors at this firm
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