# Prosperity Wealth Management

> Prosperity Wealth Management is a state-registered investment advisory firm, registered since 2022, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated May 21, 2025.

- CRD: 305940
- Filed as: PROSPERITY WEALTH MANAGEMENT
- Legal name: N&B Associates LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Registered in Virginia
- Filing period: October 2026
- Form ADV filing dated: May 21, 2025
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/305940
- AdvisorCensus page: https://advisorcensus.com/firm/prosperity-wealth-management-305940

## Quick answers

**How is Prosperity Wealth Management compensated?**
On its Form ADV (Item 5.E, October 2026), Prosperity Wealth Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is Prosperity Wealth Management registered with the SEC or a state?**
Prosperity Wealth Management is a state-registered investment advisory firm, registered since 2022. Status as filed: APPROVED. CRD 305940.

**How much does Prosperity Wealth Management manage?**
Prosperity Wealth Management reports $57,200,000 in regulatory assets under management in its Form ADV filing dated May 21, 2025 (100% discretionary).

**How have Prosperity Wealth Management's assets and staff changed since 2021?**
In the Form ADV data for Prosperity Wealth Management: Regulatory assets under management: $11,252,000 in the October 2021 data and $57,200,000 in the October 2026 data, up 408%. Total employees: 1 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Prosperity Wealth Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (81); high net worth individuals (5).

**Does Prosperity Wealth Management report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/305940

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $57,200,000
- Discretionary: $57,200,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 81 | $47,000,000 |
| High net worth individuals | 5 | $10,200,000 |
| 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) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| 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 | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Educational seminars/workshops

### Firm details
- Registered since: 2022 (4 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: VA
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/305940

### Websites listed on Form ADV (Item 1.I)
- LinkedIn @brian-booker-360014299

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $11,252,000 | 1 | March 10, 2021 |
| October 2026 | $57,200,000 | 1 | May 21, 2025 |

Regulatory assets under management: $11,252,000 in the October 2021 data and $57,200,000 in the October 2026 data, up 408%.
Total employees: 1 in October 2021 and 1 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Prosperity Wealth Management (CRD 305940): Form ADV filing data as of October 2026.