Astra Wealth Management Group

Astra Wealth Management Group, operating as Tyche Wealth Partners LLC, is a financial advisory firm based in Plano, TX, established in 2018. The firm specializes in providing a range of investment advisory services to individuals and various client types. Astra Wealth Management Group is owned equally by seven partners and acts as a fiduciary, always prioritizing clients' best interests. The firm offers asset management services, creating tailored portfolios consisting of various securities, continuously monitoring and rebalancing them. Additionally, they provide comprehensive portfolio management services, combining asset management with financial planning or consulting. The firm also offers financial planning and consulting services covering various aspects such as investment, retirement, estate, and tax planning. Astra Wealth Management Group manages over $1 billion in regulatory assets under management on a discretionary basis. Clients are required to have a minimum account balance of $100,000 for asset management services. The firm charges fees based on a percentage of assets under management, with maximum annual fees not exceeding 1.50%. Astra Wealth Management Group does not charge performance-based fees and does not participate in wrap fee programs. The firm follows a structured investment strategy that includes asset allocation, fixed income investments, long-term purchases, margin transactions, options, and structured products. The firm conducts regular reviews of client accounts and financial plans, providing updates and reports as requested by clients. Astra Wealth Management Group does not accept proxy authority to vote client securities and does not provide financial information in the brochure. The firm maintains a high ethical standard, ensuring compliance with all federal and state securities laws.