Prasad Wealth Partners provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 51–100 clients last fiscal year.
Prasad Wealth Partners reports 729 clients. They include 597 individual clients, 127 high-net-worth individuals, and 3 corporations and other businesses. Of its assets, 100.0% ($572M across 2,015 accounts) are managed with discretion. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 82% | 31% |
| High-net-worth individuals | 17% | 68% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 597 | $177M | 31.0% | $297K |
| High-net-worth individuals | 127 | $392M | 68.5% | $3.08M |
| Pension and profit-sharing plans | 1 | $240K | 0.0% | $240K |
| Charitable organizations | 1 | $2.07M | 0.4% | $2.07M |
| Corporations and other businesses | 3 | $774K | 0.1% | $258K |
| Total | 729 | $572M | 100% | $785K |
- Clients
- 597
- Regulatory AUM
- $177M
- AUM share
- 31.0%
- Avg. per client
- $297K
- Clients
- 127
- Regulatory AUM
- $392M
- AUM share
- 68.5%
- Avg. per client
- $3.08M
- Clients
- 1
- Regulatory AUM
- $240K
- AUM share
- 0.0%
- Avg. per client
- $240K
- Clients
- 1
- Regulatory AUM
- $2.07M
- AUM share
- 0.4%
- Avg. per client
- $2.07M
- Clients
- 3
- Regulatory AUM
- $774K
- AUM share
- 0.1%
- Avg. per client
- $258K
Total
- Clients
- 729
- Regulatory AUM
- $572M
- AUM share
- 100%
- Avg. per client
- $785K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Prasad Wealth Partners charges 1.25%–2.25% a year for its Investment Management Services. The whole portfolio is charged at the rate of its band. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 2.25% |
| $500K–$2.5M | 2.00% |
| $2.5M–$5M | 1.50% |
| $5M and above | 1.25% |
Fee details and sources
Other fees
- Financial Planning Services
- Financial planning services only are charged a fixed fee ranging from $500 to $25,000; for a one-time plan, half is payable upfront.
Brian Kerber owns 50% to 75% of Prasad Wealth Partners. The leadership team of Prasad Wealth Partners includes Chief Investment Officer Anthony Kulka. It has 11 employees, 5 of them in advisory roles.
Leadership
- Roseann HigginsChief
- Brian KerberManaging Director
- Anthony KulkaChief Investment Officer
- Lindsey OrthManaging Director
Investment adviser representatives
11 representatives listed in the SEC register as of 9 October 2026.
Staff
- 11 employees
- 5 in advisory functions
- 5 state-registered reps
- 2 broker-dealer reps
- 4 insurance agents
- 3 soliciting firms
- Owns 50% to 75% of Prasad Wealth Partners, LLC
Brian Kerber
Control person · since September 2024
- Owns 50% to 75% of Prasad Wealth Partners, LLC
Lindsey Orth
Control person · since September 2024
Prasad Wealth Partners’ regulatory assets grew from $486M (July 2025) to $572M (July 2026); clients rose from 671 to 729 and employees from 10 to 11.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $572M | 729 | 11 | 3 |
| July 2025 | $486M | 671 | 10 | 2 |
Besides its headquarters, Prasad Wealth Partners has 2 offices, with 3 listed addresses in Colorado and Ohio.
Ohio · 2 listed addresses
- 6050 Oak Tree BLVD., Suite 100, IndependenceHQ
- 21891 Forbes Road, Oakwood Village
Colorado · 1 listed address
- 679 E. 2nd Ave., Durango
Contact and registration details
- Legal name
- Prasad Wealth Partners, LLC
- Headquarters
- 6050 Oak Tree BLVD., Suite 100, Independence, OH 44131
- Website
- Not reported
- Phone
- 216-313-9999
- @prasadwealth
- SEC file
- 801-130984
- Structure
- Ohio LLC
- Fiscal year end
- December
Prasad Wealth Partners uses Fidelity ($546M) as custodian for its separately managed accounts. Prasad Wealth Partners has custody of $75.4M in client assets for 40 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $546M100%
At year end, Prasad Wealth Partners’ separately managed accounts were mostly in funds (70%) and stocks (16%). Its reported 13F holdings for the quarter ended 30 June 2026 total $416M across 160 positions; the largest are Fidelity Comwlth TR (6.3%), Innovator ETFS Trust (5.2%) and Invesco Exchange Traded FD T (5.1%).
What the accounts hold
- Stocks16%
- Funds70%
- Bonds13%
- Investment grade corporate bonds9%
- State and local bonds4%
- Cash1%
Reported 13F holdings
- $416M
- Reported 13F value
- 160
- Positions
- 38.4%
- In the 10 largest
- +13.1%
- Value vs. prior quarter
- Fidelity Comwlth TR · Nasdaq Compsit6.3%
- Innovator ETFS Trust · Laderd Alctn Pwr5.2%
- Invesco Exchange Traded FD T · S&P500 Eql Wgt5.1%
- Fidelity Covington Trust · Fun Lar Cor ETF3.7%
- First TR Exchng Traded FD VI · FT Vest Intl ETF3.6%
- Invesco Exchange Traded FD T · S&P500 Eql Tec3.4%
- Innovator ETFS Trust · Nasd 100 10 Buff2.9%
- Innovator ETFS Trust · Defined Wlt Shld2.9%
- iShares TR · 0-5 YR Tips ETF2.8%
- Fidelity Covington Trust · Sml Mid Mltfct2.5%
Together, the ten largest are 38.4% of reported value.
How many clients does Prasad Wealth Partners have?
Prasad Wealth Partners has 729 clients and manages $572 million for them, as of July 2026. They include 597 individual clients, 127 high-net-worth individuals, and 3 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 7 July 2026
What services does Prasad Wealth Partners offer?
Prasad Wealth Partners provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Prasad Wealth Partners charge?
Prasad Wealth Partners charges 1.25%–2.25% a year for its Investment Management Services. The whole portfolio is charged at the rate of its band. The fee is billed in advance and is negotiable.
Source: PRASAD WEALTH PARTNERS ADV PART 2A 03-04-2026, filed 4 March 2026
Which custodians does Prasad Wealth Partners use?
Prasad Wealth Partners’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $546M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 7 July 2026
How many financial advisors does Prasad Wealth Partners have?
Prasad Wealth Partners has 5 investment adviser representatives registered with state securities authorities, out of 11 employees, and 5 perform investment advisory functions. 2 employees are registered representatives of a broker-dealer and 4 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Prasad Wealth Partners invest in?
At the end of its last fiscal year, Prasad Wealth Partners’ separately managed accounts held 70% registered funds (mutual funds, ETFs, BDCs), 16% exchange-traded equities, 9% investment grade corporate bonds, 4% state and local bonds and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Prasad Wealth Partners?
Prasad Wealth Partners’ direct owners are Brian Kerber (50% to 75%) and Lindsey Orth (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 7 July 2026
How does Prasad Wealth Partners get paid?
Prasad Wealth Partners is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Prasad Wealth Partners registered with the SEC?
Yes, Prasad Wealth Partners has been registered with the SEC as an investment adviser since 29 August 2024. Its CRD number is 332507 and its SEC file number is 801-130984.
Source: Form ADV Part 1A, Item 1, filed 7 July 2026; IAPD firm record
How do I contact Prasad Wealth Partners?
Prasad Wealth Partners’ main office is at 6050 Oak Tree BLVD., Suite 100, Independence, OH 44131. Its phone number is 216-313-9999.