# The Prosperity People

> The Prosperity People is an SEC-registered investment advisory firm in Bellevue, KY, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 2, 2026.

- CRD: 124957
- Filed as: THE PROSPERITY PEOPLE
- Legal name: The Wealth Advisory Team, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bellevue, KY
- Filing period: October 2026
- Form ADV filing dated: February 2, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/124957
- AdvisorCensus page: https://advisorcensus.com/firm/the-prosperity-people-bellevue-ky-124957

## Quick answers

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

**How much does The Prosperity People charge?**
Its Form ADV Part 2A brochure dated February 2, 2026 states: Flat fee: $300 to $15,000 (Financial Planning). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is The Prosperity People located?**
The Prosperity People's principal office is in Bellevue, KY, according to its Form ADV.

**Is The Prosperity People registered with the SEC or a state?**
The Prosperity People is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 124957.

**How much does The Prosperity People manage?**
The Prosperity People reports $147,000,000 in regulatory assets under management in its Form ADV filing dated February 2, 2026 (99% discretionary).

**How have The Prosperity People's assets and staff changed since 2022?**
In the Form ADV data for The Prosperity People: Regulatory assets under management: $123,809,158 in the October 2022 data and $147,000,000 in the October 2026 data, up 19%. Total employees: 3 in October 2022 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does The Prosperity People serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (128); high net worth individuals (41); charitable organizations (1).

**Which custodians does The Prosperity People use?**
The Prosperity People's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Schwab Advisor Services as a custodian holding 10% or more of its separately managed account assets.

**Does The Prosperity People 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 SEC record: https://adviserinfo.sec.gov/firm/summary/124957

**What changed in The Prosperity People's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $130,700,000 to $147,000,000 (+12%). Employees performing advisory functions went from 3 to 4.

## From the Form ADV filing

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

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

- Flat fee: $300 to $15,000 (Financial Planning)

> Our Financial Planning fees are calculated and charged on a fixed fee basis, typically ranging from $300 to $15,000 depending on the specific arrangement reached with the client.

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

### Custodians (Schedule D, Section 5.K(3))
- Schwab Advisor Services

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: $147,000,000
- Discretionary: $145,100,000
- Non-discretionary: $1,900,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 128 | $46,700,000 |
| High net worth individuals | 41 | $91,000,000 |
| 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 | 1 | $9,300,000 |
| 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
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Publication of periodicals or newsletters
- Educational seminars/workshops

### Firm details
- Registered since: 2022 (4 years)
- Employees: 6 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, IN, KY, LA, MI, OH, 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 SEC record: https://adviserinfo.sec.gov/firm/summary/124957

### Websites listed on Form ADV (Item 1.I)
- theprosperitypeople.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $123,809,158 | 3 | April 20, 2022 |
| October 2023 | $110,309,000 | 3 | September 29, 2023 |
| October 2024 | $127,100,000 | 5 | May 23, 2024 |
| October 2025 | $130,700,000 | 5 | February 5, 2025 |
| October 2026 | $147,000,000 | 6 | February 2, 2026 |

Regulatory assets under management: $123,809,158 in the October 2022 data and $147,000,000 in the October 2026 data, up 19%.
Total employees: 3 in October 2022 and 6 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $130,700,000 to $147,000,000 (+12%).
- Employees performing advisory functions went from 3 to 4.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. The Prosperity People (CRD 124957): Form ADV filing data as of October 2026.