Prosperity Asset Management, LLC

Prosperity Asset Management serves individuals, high‑net‑worth clients, and small businesses with investment advisory and financial planning services. The firm delivers portfolio management primarily through a co‑advisor arrangement with a third‑party portfolio manager, and it also provides one‑time financial plans and educational seminars and workshops for the public at no cost.

The firm’s client work is based on documented objectives and risk tolerances, typically captured in an investment policy statement, and it selects and monitors model portfolios on an ongoing basis while relying on the co‑advisor for trade execution and custodial reporting. Prosperity’s analytical methods include fundamental and technical analysis, and accounts are reviewed at least quarterly or more frequently as market conditions or client circumstances dictate.

Distinctive features noted in the brochure include an explicit disclosure of recent material changes (updates to assets under management and the co‑advisor fee schedule), a routine program of public educational seminars, and an affiliated insurance business whose principals act as licensed insurance agents and may receive commissions—conflicts the firm discloses and says it mitigates through procedures and client choice. The brochure also describes an incentive arrangement with the co‑advisor that provides additional compensation to the firm tied to AUM thresholds, with those payments coming from the co‑advisor’s portion of advisory fees.