Confluent Asset Management LLC

Confluent Asset Management LLC is a fee-based, discretionary investment adviser founded in 2022 and wholly owned by Yogesh Prasad. The firm provides ongoing asset management, sub‑advisory services, financial planning, 401(k) consulting and ERISA 3(21) plan services, and also sells insurance products for a commission.

Confluent’s investment process combines multiple analysis methods (fundamental, technical, charting, cyclical analysis and Modern Portfolio Theory) and implements a mix of ETF models (including Sector Rotation and Global Tactical Asset Allocation), long‑term holdings, trading, option strategies and margin where appropriate. The firm operates with discretionary trading authority, conducts periodic (at least quarterly) account reviews, and explicitly discloses the use of derivatives and option‑writing (including covered and uncovered strategies) as part of its strategy and risk framework.

Noteworthy features in the brochure include the principal’s outside business activities—serving as a licensed insurance agent (about 5% of his time) and as a relationship strategist with PNC Private Bank (about 50% of his time)—both of which are disclosed and described as potential conflicts that the firm manages through disclosure and fiduciary obligations. The firm’s explicit inclusion of derivatives and option‑writing in client accounts and its offering of tactical ETF models are highlighted as material strategy elements and risks, a combination that is less common among similarly sized advisers.