# Prasad Wealth Partners

> Prasad Wealth Partners is an SEC-registered investment advisory firm in Independence, OH, registered since 2024, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 7, 2026.

- CRD: 332507
- Filed as: PRASAD WEALTH PARTNERS
- Legal name: Prasad Wealth Partners, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Independence, OH
- Filing period: October 2026
- Form ADV filing dated: July 7, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/332507
- AdvisorCensus page: https://advisorcensus.com/firm/prasad-wealth-partners-independence-oh-332507

## Quick answers

**How is Prasad Wealth Partners compensated?**
On its Form ADV (Item 5.E, October 2026), Prasad Wealth Partners reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does Prasad Wealth Partners charge?**
Its Form ADV Part 2A brochure dated March 4, 2026 states: Flat fee: $500 to $25,000 (Financial Planning and Consulting Services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Prasad Wealth Partners located?**
Prasad Wealth Partners' principal office is in Independence, OH, according to its Form ADV; the August 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Prasad Wealth Partners registered with the SEC or a state?**
Prasad Wealth Partners is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 332507.

**How much does Prasad Wealth Partners manage?**
Prasad Wealth Partners reports $572,075,956 in regulatory assets under management in its Form ADV filing dated July 7, 2026 (100% discretionary).

**How have Prasad Wealth Partners' assets and staff changed since 2024?**
In the Form ADV data for Prasad Wealth Partners: Regulatory assets under management: $0 in the October 2024 data and $572,075,956 in the October 2026 data. Total employees: 10 in October 2024 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Prasad Wealth Partners serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (597); high net worth individuals (127); corporations or other businesses not listed above (3).

**Which custodians does Prasad Wealth Partners use?**
Prasad Wealth Partners' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Prasad Wealth Partners report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/332507

**What changed in Prasad Wealth Partners' recent Form ADV filings?**
In the August 2026 filing data: Registered or notice-filed in MD.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 4, 2026)

- Flat fee: $500 to $25,000 (Financial Planning and Consulting Services)

> Clients that are receiving financial planning services only are charged a fixed fee ranging from $500 to $25,000.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $572,075,956
- Discretionary: $572,075,956
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 597 | $177,210,599 |
| High net worth individuals | 127 | $391,781,107 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $240,101 |
| Charitable organizations | 1 | $2,070,032 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 3 | $774,117 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2024 (2 years)
- Employees: 11 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, IL, LA, MA, MD, MI, NC, NY, OH, PA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Durango, CO
- Oakwood Village, OH

### Websites listed on Form ADV (Item 1.I)
- prasadwealth.com
- LinkedIn @prasadwealth

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $0 | 10 | September 5, 2024 |
| October 2025 | $485,982,385 | 10 | July 23, 2025 |
| October 2026 | $572,075,956 | 11 | July 7, 2026 |

Regulatory assets under management: $0 in the October 2024 data and $572,075,956 in the October 2026 data.
Total employees: 10 in October 2024 and 11 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Registered or notice-filed in MD.

### June 2026
- Registered or notice-filed in AZ, MA.

### May 2026
- Registered or notice-filed in LA.

### April 2026
- Item 11 disclosure answers changed: 0 yes answers, previously 2 (now no: 11.D(4), 11.E(4)).
- Regulatory assets under management went from $485,982,385 to $572,075,956 (+18%).
- Added an office in Durango, CO.

### March 2026
- Registered or notice-filed in IL, MI.

### December 2025
- Registered or notice-filed in CO.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Prasad Wealth Partners (CRD 332507): Form ADV filing data as of October 2026.