Prosperity Asset Management, LLC

Prosperity Asset Management serves individuals, small businesses, and high-net-worth clients and provides portfolio management through third‑party model portfolios, financial planning and consulting, and educational seminars and workshops. The firm operates primarily as a co-advisor to Gradient Investments, LLC and also offers client-directed account assistance and one‑time written financial plans delivered after a document review.

Prosperity uses model-based strategies managed by Gradient and documents client objectives with an Investment Policy Statement or risk tolerance; the firm has discretionary authority to select and maintain models but does not select individual securities inside those models. Investment analysis described in the brochure includes fundamental and technical methods, quarterly account reviews, and tailoring strategies to client goals and constraints.

The brochure discloses several potential conflicts and business affiliations that distinguish Prosperity from many peers: the managing member is also an insurance agent with A. Roberts & Associates (noted as occupying roughly half his time) and Prosperity may offer insurance products, and the firm shares fees and participates in an incentive arrangement with Gradient Investments tied to assets placed with that manager. Prosperity also runs public educational seminars and workshops at no cost, a service the firm highlights in its disclosures.