Prosperity Advisers, LLC

**Prosperity Advisers, LLC Summary:** **Background and Expertise:** Prosperity Advisers, LLC is a fee-only financial planning and investment advisory firm based in Pennsylvania, established in May 2016. Co-owned by Daniel and Lisa Barram, the firm specializes in providing investment supervisory services, ERISA plan services, and financial planning services. They offer discretionary asset management services, alternative investment asset management, and annuity management. Prosperity Advisers also provides services to qualified and non-qualified retirement plans, acting as a fiduciary under ERISA guidelines. **Consumer-Facing Terms:** - Minimum Initial Investment: No minimum to open an account. - Fee Structure: Annual investment advisory fee between 0.50% and 1.50% of assets under management, negotiable based on various factors. - Fiduciary Status: Operates under a fiduciary duty to act in the best interest of clients. - Investment Discretion: Clients authorize discretionary authority for investment transactions. - Investment Philosophy: Utilizes fundamental, technical, and cyclical analysis in security evaluation. **Advisory Business Description:** Prosperity Advisers offers financial planning services covering various aspects such as retirement planning, tax planning, and estate planning. They hold seminars and workshops to educate the public on investments. The firm does not receive external compensation for the sale of securities to clients and does not participate in performance-based fees. **Investment Strategy:** Investment strategies are tailored to individual client goals and objectives, with a focus on risk management. Clients are informed about potential risks associated with various investment programs. **Disciplinary Information:** Prosperity Advisers was sanctioned by the Kansas Securities Commission in August 2020 for transacting business without proper registration, resulting in a $500 fine. **Brokerage Practices:** The firm utilizes Charles Schwab as the broker-dealer for client transactions, based on factors such as low transaction fees and reporting ability. **Financial Information:** Prosperity Advisers does not serve as a custodian for client funds and has no financial conditions impairing its ability to meet commitments to clients. For more information, visit www.retirementprosperity.com or contact 267-405-6166. This summary is based on the information provided in the Form ADV Part 2 Disclosure Brochure of Prosperity Advisers, LLC dated February 26, 2025.