Prasad Wealth Partners

Prasad Wealth Partners provides personalized financial planning and both discretionary and non-discretionary investment management to individuals (including high net worth clients), families, family offices, trusts, private foundations and qualified retirement plans. The firm also works with institutional plan sponsors and may recommend or engage unaffiliated external managers to implement portions of client portfolios.

The firm emphasizes customized financial planning and primarily employs fundamental analysis with a generally long-term orientation, while retaining the flexibility to implement shorter-term trades when client goals or market conditions warrant. Investment implementations commonly use mutual funds and ETFs but may also include equities, corporate bonds, REITs private funds and structured products; for certain separately managed accounts the firm may use derivatives subject to client-specific documentation and approvals.

Two features that may be of particular interest to prospective clients are disclosure-related and product-related distinctions in the firm’s ADV: the firm amended Item 9 to remove earlier disciplinary information while its current brochure states there are no legal or regulatory events, and the firm discloses the potential use of derivatives and structured instruments in appropriate client accounts. Additionally, some advisors are licensed insurance producers and may receive commission-based compensation for insurance sales, a conflict disclosed in the brochure.