Prosperity First Wealth Management

Prosperity First provides portfolio management and integrated financial planning to individuals, high-net-worth clients, self-employed individuals, and family trusts, generally charging percentage-of-assets advisory fees. Advisory relationships are non-discretionary; the firm does not maintain custody of client assets and typically recommends a third-party custodian for holdings and statements.

The firm’s investment approach emphasizes custom portfolios of low-cost mutual funds and ETFs, bond funds, U.S. Treasury securities and select individual securities to align with each client’s growth, income or capital-preservation objectives. Research is conducted in-house using data from established research publishers, accounts are reviewed at least annually, and the firm may implement supplemental strategies for education funding or income-continuation when appropriate.

Noteworthy distinctions include reporting no client assets under management at the time of its brochure filing while operating without custody or proxy-voting authority and managing only non-discretionary accounts. The firm’s principal maintains a concurrent executive career in manufacturing and holds engineering and management degrees, a professional background that differs from many advisers who follow finance-only career paths.