prosperowealth.com

What It Is

Prospero Wealth, LLC is a registered investment adviser (RIA) based in Washington State, serving technology professionals. The website states that it is registered with the SEC and provides access to its Forms ADV and Form CRS. It is not a payment gateway, acquiring service, or financial API platform, but rather a wealth management and personal financial planning service centered on human advisors.

Core Capabilities

Its services focus on common financial issues faced by tech employees: financial planning, investment advice and asset management, handling concentrated or highly appreciated stock positions, equity compensation tax planning, offer evaluation and negotiation, benefits selection, insurance analysis, college education planning, and assistance with estate documents. The process begins with a 15-minute video consultation, followed by access to a client portal and signing of disclosure documents. A plan is typically built over four meetings, with quarterly reviews during the implementation stage. The team’s background is distinctive: several advisors have worked at tech or fintech-related companies such as Amazon, Microsoft, Meta, Stripe, and PayPal, and the firm has also incorporated the CapitalWe team, which focuses on H-1B holders and immigrant families.

Pricing

Fees are relatively transparent: the initial financial plan in the first year starts at $3,000 for individuals and $4,000 for couples; subscription planning after the first year starts at $1,500 for individuals and $2,000 for couples; hourly planning is $250 per hour. Asset management uses an annual blended tiered fee schedule, starting at 1% for assets under $1 million and decreasing to 0.5% for assets above $5 million. All planning, AUM, and project fees are billed quarterly in arrears, and the firm states that it does not charge or accept commissions.

Pros and Cons

The strengths are its clearly defined target clientele, transparent fee model, fiduciary advisor stance, and focus on pain points in the tech industry such as concentrated equity positions, tax-loss harvesting, asset allocation, and behavioral coaching. The drawbacks are that the website does not disclose its custodian, portfolio details, historical performance, or service boundaries across states or borders. Its tax and legal content is also clearly stated not to constitute formal advice, so clients need to confirm with separate professionals.

Who It’s For

It is better suited to tech employees working in the United States, people holding RSUs/options or concentrated single-stock positions, immigrant families, H-1B holders, and individuals or families who want long-term financial planning support from an advisor. It is not suitable for business users looking for payment interfaces, acquiring services, wallets, settlement, or developer APIs.

China Access

The scraped text does not provide information on access from mainland China, nor does it state whether the firm serves Chinese residents or cross-border clients. Therefore, its accessibility and service availability in China are unknown.