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Tyche Wealth Partners LLC
dba Astra Wealth Management Group
Form ADV Part 2A – Disclosure Brochure
Effective: October 30, 2025
This Form ADV Part 2A (“Disclosure Brochure”) provides information about the qualifications and business practices
of Tyche Wealth Partners LLC (“Astra Wealth Management” or the “Advisor”). If you have any questions about the
content of this Disclosure Brochure, please contact the Advisor at (972) 327-8820.
Astra Wealth Management is a registered investment advisor with the U.S. Securities and Exchange Commission.
The information in this Disclosure Brochure has not been approved or verified by the SEC or by any state securities
authority. Registration of an investment advisor does not imply any specific level of skill or training. This Disclosure
Brochure provides information about Astra Wealth Management to assist you in determining whether to retain the
Advisor.
Additional information about Astra Wealth Management and its Advisory Persons is available on the SEC’s website
at www.adviserinfo.sec.gov by searching with the Advisor’s firm name or CRD# 326006.
Tyche Wealth Partners LLC dba Astra Wealth Management Group
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
Item 2 – Material Changes
Form ADV 2 is divided into two parts: Part 2A (the "Disclosure Brochure") and Part 2B (the "Brochure
Supplement"). The Disclosure Brochure provides information about a variety of topics relating to an Advisor’s
business practices and conflicts of interest. The Brochure Supplement provides information about the Advisory
Persons of Astra Wealth Management.
Astra Wealth Management believes that communication and transparency are the foundation of its relationship with
clients and will continually strive to provide you with complete and accurate information at all times. Astra Wealth
Management encourages all current and prospective clients to read this Disclosure Brochure and discuss any
questions you may have with the Advisor.
Material Changes
The following material changes have been made to this Disclosure Brochure since the annual amendment filing on
February 20th, 2025:
● The Advisor has amended its ownership structure. Please see item 4 for additional information.
● The Advisor has established an institutional relationship with Charles Schwab and Co., Inc. Please see Items
12 and 14 for additional information.
Future Changes
From time to time, the Advisor may amend this Disclosure Brochure to reflect changes in business practices, changes
in regulations or routine annual updates as required by the securities regulators. This complete Disclosure Brochure
or a Summary of Material Changes shall be provided to you annually and if a material change occurs.
At any time, you may view the current Disclosure Brochure on-line at the SEC’s Investment Adviser Public Disclosure
website at www.adviserinfo.sec.gov by searching with the Advisor’s firm name or CRD# 326006. You may also
request a copy of this Disclosure Brochure at any time by contacting the Advisor at (972) 327-8820
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
Item 3 – Table of Contents
Item 1 – Cover Page
1
Item 2 – Material Changes ..................................................................................................................................... 2
Item 3 – Table of Contents ..................................................................................................................................... 3
Item 4 – Advisory Services .................................................................................................................................... 4
A. Firm Information .............................................................................................................................................................. 4
B. Advisory Services Offered ............................................................................................................................................... 4
C. Client Account Management ........................................................................................................................................... 6
D. Wrap Fee Programs ........................................................................................................................................................ 6
E. Assets Under Management ............................................................................................................................................. 7
Item 5 – Fees and Compensation ......................................................................................................................... 7
A. Fees for Advisory Services.............................................................................................................................................. 7
B. Fee Billing........................................................................................................................................................................ 8
C. Other Fees and Expenses .............................................................................................................................................. 8
D. Advance Payment of Fees and Termination ................................................................................................................... 8
E. Compensation for Sales of Securities ............................................................................................................................. 9
Item 6 – Performance-Based Fees and Side-By-Side Management ................................................................ 10
Item 7 – Types of Clients ..................................................................................................................................... 10
Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss ......................................................... 10
A. Methods of Analysis ...................................................................................................................................................... 10
B. Risk of Loss ................................................................................................................................................................... 11
Item 9 – Disciplinary Information ........................................................................................................................ 12
Item 10 – Other Financial Industry Activities and Affiliations .......................................................................... 13
Item 11 – Code of Ethics, Participation or Interest in Client Transactions and Personal Trading ............... 13
A. Code of Ethics ............................................................................................................................................................... 13
B. Personal Trading with Material Interest ......................................................................................................................... 14
C. Personal Trading in Same Securities as Clients ........................................................................................................... 14
D. Personal Trading at Same Time as Client .................................................................................................................... 14
Item 12 – Brokerage Practices ............................................................................................................................ 14
A. Recommendation of Custodian[s] ................................................................................................................................. 14
B. Aggregating and Allocating Trades ............................................................................................................................... 15
Item 13 – Review of Accounts ............................................................................................................................. 15
A. Frequency of Reviews ................................................................................................................................................... 15
B. Causes for Reviews ...................................................................................................................................................... 15
C. Review Reports ............................................................................................................................................................. 16
Item 14 – Client Referrals and Other Compensation ........................................................................................ 16
A. Compensation Received by Astra Wealth Management ............................................................................................... 16
B. Compensation for Client Referrals ................................................................................................................................ 17
Item 15 – Custody ................................................................................................................................................. 17
Item 16 – Investment Discretion ......................................................................................................................... 17
Item 17 – Voting Client Securities ....................................................................................................................... 18
Item 18 – Financial Information ........................................................................................................................... 18
Privacy Policy ....................................................................................................................................................... 19
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
Item 4 – Advisory Services
A. Firm Information
Tyche Wealth Partners LLC (“Astra Wealth Management” or the “Advisor”) is a registered investment advisor with
the U.S. Securities and Exchange Commission. The Advisor is organized as a Limited Liability Company (LLC) under
the laws of the State of Texas. Astra Wealth Management was founded in January 2019 and is owned by Bradley
Vineyard, Charles Evans, Gail Carrion, Mark Filardi, Robert Holland, Steve Zurlis, John Darden, and Astra Wealth,
LLC. This Disclosure Brochure provides information regarding the qualifications, business practices, and the advisory
services provided by Astra Wealth Management.
For additional information regarding this disclosure brochure, please contact the Advisor’s Chief Compliance Officer,
Owen McCabe, via email at owenmccabe@astrawmg.com or by phone at (972) 327-8820.
B. Advisory Services Offered
Astra Wealth Management offers investment advisory services to individuals, high net worth individuals, trusts,
estates, businesses, and retirement plans (each referred to as a “Client”).
The Advisor serves as a fiduciary to Clients, as defined under the applicable laws and regulations. As a fiduciary, the
Advisor upholds a duty of loyalty, fairness and good faith towards each Client and seeks to mitigate potential conflicts
of interest. Astra Wealth Management's fiduciary commitment is further described in the Advisor’s Code of Ethics.
For more information regarding the Code of Ethics, please see Item 11 – Code of Ethics, Participation or Interest in
Client Transactions and Personal Trading.
Wealth Management Services
Astra Wealth Management may provide Clients with wealth management services, which generally includes a broad
range of comprehensive financial planning and consulting services in connection with discretionary management of
investment portfolios. These services are described below.
Investment Management Services
Astra Wealth Management provides customized investment management solutions for its Clients as part of its
comprehensive wealth management services. This is achieved through continuous personal Client contact and
interaction while providing discretionary and non-discretionary investment management and related advisory
services. Astra Wealth Management works closely with each Client to identify their investment goals and objectives
as well as risk tolerance and financial situation in order to create a portfolio strategy. Astra Wealth Management will
then construct an investment portfolio, consisting of low-cost, diversified mutual funds and/or exchange-traded funds
(“ETFs”), options, structured products, and certain alternative investments in order to achieve the Client’s investment
goals. The Advisor may also utilize individual stocks, bonds or options contracts to meet the needs of its Clients. The
Advisor may retain other types of investments from the Client’s legacy portfolio due to fit with the overall portfolio
strategy, tax-related reasons, or other reasons as identified between the Advisor and the Client. The Advisor may
also utilize individual stocks, bonds or options contracts to meet the needs of its Clients.
Astra Wealth Management’s investment strategies are primarily long-term focused, but the Advisor may buy, sell or
re-allocate positions that have been held for less than one year to meet the objectives of the Client or due to market
conditions. Astra Wealth Management will construct, implement and monitor the portfolio to ensure it meets the goals,
objectives, circumstances, and risk tolerance agreed to by the Client. Each Client will have the opportunity to place
reasonable restrictions on the types of investments to be held in their respective portfolio, subject to acceptance by
the Advisor.
Astra Wealth Management evaluates and selects investments for inclusion in Client portfolios only after applying its
internal due diligence process. Astra Wealth Management may recommend, on occasion, redistributing investment
allocations to diversify the portfolio. Astra Wealth Management may recommend specific positions to increase sector
or asset class weightings. The Advisor may recommend employing cash positions as a possible hedge against market
movement.
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
Astra Wealth Management may recommend selling positions for reasons that include, but are not limited to,
harvesting capital gains or losses, business or sector risk exposure to a specific security or class of securities,
overvaluation or overweighting of the position[s] in the portfolio, change in risk tolerance of the Client, generating
cash to meet Client needs, or any risk deemed unacceptable for the Client’s risk tolerance.
Under certain circumstances, Astra Wealth Management may accept or maintain custody of Client’s funds or
securities. Please see Item 15 – Custody for more information.
Retirement Accounts – When the Advisor provides investment advice to Clients regarding ERISA retirement accounts
or individual retirement accounts (“IRAs”), the Advisor is a fiduciary within the meaning of Title I of the Employee
Retirement Income Security Act (“ERISA”) and/or the Internal Revenue Code (“IRC”), as applicable, which are laws
governing retirement accounts. When deemed to be in the Client’s best interest, the Advisor will provide investment
advice to a Client regarding a distribution from an ERISA retirement account or to roll over the assets to an IRA, or
recommend a similar transaction including rollovers from one ERISA-sponsored Plan to another, one IRA to another
IRA, or from one type of account to another account (e.g. commission-based account to fee-based account). Such a
recommendation creates a conflict of interest if the Advisor will earn a new (or increase its current) advisory fee as a
result of the transaction. No client is under any obligation to roll over a retirement account to an account managed by
the Advisor.
Use of Independent Managers – Astra Wealth Management may recommend that a Client utilize one or more
unaffiliated investment managers or investment platforms (collectively “Independent Managers”) for all or a portion
of a Client’s investment portfolio. In such instances, the Client may be required to authorize and enter into an advisory
agreement with the Independent Manager[s] that defines the terms in which the Independent Manager[s] will provide
investment management and related services. The Advisor may also assist in the development of the initial policy
recommendations and managing the ongoing Client relationship. The Advisor will perform initial and ongoing
oversight and due diligence over the selected Independent Manager[s] to ensure the Independent Managers’
strategies and target allocations remain aligned with its clients’ investment objectives and overall best interests. The
Client, prior to entering into an agreement with unaffiliated investment manager[s] or investment platform[s], will be
provided with the Independent Manager's Form ADV 2A (or a brochure that makes the appropriate disclosures).
Financial Planning Services
Astra Wealth Management will typically provide a variety of financial planning and consulting services to Clients,
pursuant to a written financial planning agreement or as a component of wealth management services. Services are
offered in several areas of a Client’s financial situation, depending on their goals and objectives. Generally, such
financial planning services involve preparing a formal financial plan or rendering a specific financial consultation
based on the Client’s financial goals and objectives. This planning or consulting may encompass one or more areas
of need, including but not limited to, investment planning, retirement planning, personal savings, education savings,
insurance needs and other areas of a Client’s financial situation.
A financial plan developed for, or financial consultation rendered to the Client will usually include general
recommendations for a course of activity or specific actions to be taken by the Client. For example, recommendations
may be made that the Client start or revise their investment programs, commence or alter retirement savings,
establish education savings and/or charitable giving programs.
Astra Wealth Management may also refer Clients to an accountant, attorney or other specialists, as appropriate for
their unique situation. For certain financial planning engagements, the Advisor will provide a written summary of the
Client’s financial situation, observations, and recommendations. For consulting or ad-hoc engagements, the Advisor
may not provide a written summary. Plans or consultations are typically completed within six (6) months of contract
date, assuming all information and documents requested are provided promptly.
Financial planning and consulting recommendations pose a conflict between the interests of the Advisor and the
interests of the Client. For example, the Advisor has an incentive to recommend that Clients engage the Advisor for
investment management services or to increase the level of investment assets with the Advisor, as it would increase
the amount of advisory fees paid to the Advisor. Clients are not obligated to implement any recommendations made
by the Advisor or maintain an ongoing relationship with the Advisor. If the Client elects to act on any of the
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
recommendations made by the Advisor, the Client is under no obligation to implement the transaction through the
Advisor.
Retirement Plan Advisory Services
Astra Wealth Management provides 3(21) retirement plan advisory services on behalf of the retirement plans (each
a “Plan”) and the company (the “Plan Sponsor”). The Advisor’s retirement plan advisory services are designed to
assist the Plan Sponsor in meeting its fiduciary obligations to the Plan. Each engagement is customized to the needs
of the Plan and Plan Sponsor. Services generally include:
Investment Policy Statement (“IPS”) Support
Investment Management
● Vendor Analysis
● Employee Enrollment and Education Tracking
●
●
● Performance Reports
● Ongoing Investment Recommendation and Assistance
● ERISA 404(c) Assistance
● Benchmarking Services
Certain of these services are provided by Astra Wealth Management serving in the capacity as a fiduciary under the
Employee Retirement Income Security Act of 1974, as amended (“ERISA”). In accordance with ERISA Section
408(b)(2), the Plan Sponsor is provided with a written description of Astra Wealth Management’s fiduciary status, the
specific services to be rendered and all direct and indirect compensation the Advisor reasonably expects under the
engagement.
Astra STARs Financial Consulting Services
Astra STARs is a subscription-based “advisor on call” service. This service is ideal for Clients seeking a smaller scope
engagement and to utilize the expertise of the Advisor but without having an account managed by the Advisor or
developing a financial plan as described above. The Advisor offers a certain amount of meetings a year depending
on the subscription model. Services are offered in several areas of a Client’s financial situation, depending on their
goals, objectives and financial situation and may include goal planning, debt planning, investment allocation
recommendations, education funding, retirement advice and tax planning strategies. Clients are not obligated to
implement any recommendations made by the Advisor or maintain an ongoing relationship with the Advisor. If the
Client elects to act on any of the recommendations made by the Advisor, the Client is under no obligation to implement
the transaction through the Advisor.
C. Client Account Management
Prior to engaging Astra Wealth Management to provide investment advisory services, each Client is required to enter
into one or more agreements with the Advisor that define the terms, conditions, authority and responsibilities of the
Advisor and the Client. These services may include:
● Establishing an Investment Strategy – Astra Wealth Management, in connection with the Client, will develop
a strategy that seeks to achieve the Client’s goals and objectives.
● Asset Allocation – Astra Wealth Management will develop a strategic asset allocation that is targeted to meet
the investment objectives, time horizon, financial situation and tolerance for risk for each Client.
● Portfolio Construction – Astra Wealth Management will develop a portfolio for the Client that is intended to
meet the stated goals and objectives of the Client.
●
Investment Management and Supervision – Astra Wealth Management will provide investment management
and ongoing oversight of the Client’s investment portfolio.
D. Wrap Fee Programs
Astra Wealth Management does not manage or place Client assets into a wrap fee program. Investment management
services are provided directly by Astra Wealth Management.
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
E. Assets Under Management
As of December 31, 2024, Astra Wealth Management manages $1,302,943,135 in Client assets, $1,261,724,571 of
which are managed on a discretionary basis and $41,218,564 on a non-discretionary basis. Clients may request
more current information at any time by contacting the Advisor.
Item 5 – Fees and Compensation
The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one or more
written agreements with the Advisor.
A. Fees for Advisory Services
Wealth Management Services
Wealth management fees are paid quarterly, in advance of each calendar year pursuant to the terms of the wealth
management agreement. Wealth management fees are based on the market value of assets under management at
the end of the prior calendar year. Wealth management fees range will not exceed 1.50% annually based on several
factors, including the scope and complexity of the services to be provided; the level of assets to be managed; and
the overall relationship with the Advisor. Relationships with multiple objectives, specific reporting requirements,
portfolio restrictions and other complexities may be charged a higher fee.
The wealth management fee in the first year of service is prorated from the inception date of the account[s] to the
end of the first year. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into
consideration the aggregate assets under management with the Advisor. All securities held in accounts managed by
Astra Wealth Management will be independently valued by the Custodian. The Advisor will conduct periodic reviews
of the Custodian’s valuation to ensure accurate billing.
The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and other
related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the Advisor
shall not receive any portion of these commissions, fees, and costs.
Use of Independent Managers
For Clients referred by the Advisor to an Independent Manager, the Client’s fee may be separately billed or deducted
from the Client’s account[s] by the Independent Manager. In certain instances, the Advisor may pay a portion of the
Client’s investment advisory fee to the applicable Independent Manager. If the agreed upon fee is reduced by the
Independent Manager, which is paid by Astra Wealth Management, the Advisor may receive more advantageous
pricing in the future as assets allocated to the investment programs increase.
Financial Planning Services
Astra Wealth Management offers financial planning services at an hourly rate that will not exceed $750 per hour.
Fees may be negotiable based on the nature and complexity of the services to be provided and the overall relationship
with the Advisor. An estimate for total hours and overall costs will be provided to the Client prior to engaging for these
services. Astra Wealth Management will not require a retainer exceeding $1,200 when services cannot be rendered
within 6 months.
Retirement Plan Advisory Services
Fees for retirement plan advisory services are charged on an hourly rate or a fee based on the percentage of Plan
assets under management and are billed in advance, pursuant to the terms of the retirement plan advisory
agreement. The maximum hourly fee to be charged will not exceed $750. Fees based on a percentage of managed
Plan assets will not exceed 1.00%. Retirement plan fees are based on the market value of assets under management
at the end of the prior calendar year. Fees may be negotiable depending on the size and complexity of the Plan.
Astra STARs Financial Consulting Services
For STAR’s financial consulting services, the Advisor charges an initial fee of $99. Ongoing subscription fees are
either $59.99 or $99.99 depending on the subscription model.
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
B. Fee Billing
Wealth Management Services
Wealth management fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at
the Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted
from the Client’s account[s] at the beginning of the respective quarter. The amount due is calculated by applying the
quarterly rate (annual rate divided by 4) to the total assets under management with Astra Wealth Management at the
end of the prior quarter. Clients will be provided with a statement, at least quarterly, from the Custodian reflecting
deduction of the wealth management fee. Clients are urged to also review the brokerage statement from the
Custodian, as the Custodian does not perform a verification of fees. Clients provide written authorization permitting
advisory fees to be deducted by Astra Wealth Management to be paid directly from their account[s] held by the
Custodian as part of the wealth management agreement and separate account forms provided by the Custodian.
Use of Independent Managers
For Clients referred by the Advisor to an Independent Manager, the Client’s fee may be separately billed or deducted
from the Client’s account[s] with the respective manager and a portion of the wealth management fee may be provided
to Astra Wealth Management.
Financial Planning Services
Financial planning fees may be invoiced up to fifty percent (50%) of the expected total fee upon execution of the
financial planning agreement. The balance shall be invoiced upon completion of the agreed upon deliverable[s].
Retirement Plan Advisory Services
Retirement plan advisory fees may be directly invoiced to the Plan Sponsor or deducted from the assets of the Plan,
depending on the terms of the retirement plan advisory agreement.
STARs Financial Consulting Services
Financial consulting fees are paid in advance via credit card payment which is established on the platform.
C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than Astra Wealth Management, in
connection with investments made on behalf of the Client’s account[s]. The Client is responsible for all custody and
securities execution fees charged by the Custodian, as applicable. The Advisor's recommended Custodian does not
charge securities transaction fees for ETF and equity trades in a Client's account, provided that the account meets
the terms and conditions of the Custodian's brokerage requirements. However, the Custodian typically charges for
mutual funds and other types of investments. The fees charged by Astra Wealth Management are separate and
distinct from these custody and execution fees.
In addition, all fees paid to Astra Wealth Management for investment advisory services are separate and distinct from
the expenses charged by mutual funds and ETFs to their shareholders, if applicable. These fees and expenses are
described in each fund’s prospectus. These fees and expenses will generally be used to pay management fees for
the funds, other fund expenses, account administration (e.g., custody, brokerage and account reporting), and a
possible distribution fee. A Client may be able to invest in these products directly, without the services of Astra Wealth
Management, but would not receive the services provided by Astra Wealth Management which are designed, among
other things, to assist the Client in determining which products or services are most appropriate for each Client’s
financial situation and objectives. Accordingly, the Client should review both the fees charged by the fund[s] and the
fees charged by Astra Wealth Management to fully understand the total fees to be paid. Please refer to Item 12 –
Brokerage Practices for additional information.
D. Advance Payment of Fees and Termination
Wealth Management Services
Astra Wealth Management may be compensated for its wealth management services in advance of the quarter in
which services are rendered. Either party may terminate the wealth management agreement, at any time, by providing
advance written notice to the other party. The Client may also terminate the wealth management agreement within
five (5) business days of signing the Advisor’s agreement at no cost to the Client. After the five-day period, the Client
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
will incur charges for bona fide advisory services rendered to the point of termination and such fees will be due and
payable by the Client. Upon termination, the Advisor will refund any unearned, prepaid wealth management fees from
the effective date of termination to the end of the quarter The Client’s wealth management agreement with the Advisor
is non-transferable without the Client’s prior consent.
Use of Independent Managers
In the event that a Client should wish to terminate their relationship with the Independent Manager, the terms for
termination will be set forth in the respective agreements between the Client and that Independent Manager. Astra
Wealth Management will assist the Client with the termination and transition as appropriate.
Financial Planning Services
Astra Wealth Management is compensated for its financial planning services upon completion of the engagement
deliverable[s].Either party may terminate the financial planning agreement, at any time, by providing advance written
notice to the other party. The Client may also terminate the financial planning agreement within five (5) business days
of signing the Advisor’s agreement at no cost to the Client. After the five-day period, the Client will incur charges for
bona fide advisory services rendered to the point of termination and such fees will be due and payable by the Client.
Upon termination, the Client shall be billed for [actual hours logged on the planning project times the contractual
hourly rate or in the case of a fixed fee engagement, the percentage of the engagement scope completed by the
Advisor. The Client’s financial planning agreement with the Advisor is non-transferable without the Client’s prior
consent.
Retirement Plan Advisory Services
Astra Wealth Management is compensated for its services on an hourly rate or a fee based on the percentage of
Plan assets under management after advisory services are rendered. Either party may request to terminate a
retirement plan advisory agreement, at any time, by providing advance written notice to the other party. The Client
shall be responsible for investment advisory fees up to and including the effective date of termination.
Astra STARs Financial Consulting Services
The Advisor is compensated for its financial consulting services in advance, before services are rendered. Either
party may terminate the financial consulting agreement, at any time, by providing advance written notice to the other
party. The Client may also terminate the financial consulting agreement within five (5) business days of signing the
Advisor’s agreement at no cost to the Client. After the five days, the Client will incur charges for bona fide financial
consulting services rendered to the point of termination and such fees will be due and payable by the Client. The
Client’s financial consulting agreement with the Advisor is non-transferable without the Client’s prior consent. Clients
may choose to cancel their subscription at any time, and will lose access to the platform on their next billing cycle.
E. Compensation for Sales of Securities
Astra Insurance Services LLC
Certain Advisory Persons are also licensed insurance professionals of Astra Insurance Services LLC (“AIS”), an
insurance agency under common control with the Advisor. As an insurance professional, Advisory Persons and Astra
Insurance Services earn commission-based compensation for selling insurance products, including insurance
products sold to Clients. Insurance commissions earned by Advisory Persons are separate and in addition to Astra’s
advisory fees. This practice presents a conflict of interest because the person providing investment advice on behalf
of the Advisor who is also an insurance agent has an incentive to recommend insurance products to Clients for the
purpose of generating commissions rather than solely based on Client needs. However, Clients are under no
obligation to purchase insurance products through Astra Insurance Services or any Advisory Person affiliated with
the Advisor. Please see Item 10 – Other Financial Industry Activities and Affiliations.
Broker-Dealer Affiliation
Certain Advisory Persons are also registered representatives of Purshe Kaplan Sterling Investments, Inc. (“PKS”).
PKS is a registered broker-dealer (CRD No. 6627), member FINRA, SIPC. In one’s separate capacity as a registered
representative of PKS, an Advisory Person implements securities transactions under PKS and not through Astra
Wealth Management. In such instances, Advisory Persons will receive commission-based compensation in
connection with the purchase and sale of securities, including 12b-1 fees for the sale of investment company
products. Compensation earned by an Advisory Person in one’s capacity as a registered representative is separate
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
and in addition to Astra Wealth Management’s advisory fees. This practice presents a conflict of interest because the
Advisory Person who is a registered representative has an incentive to effect securities transactions for the purpose
of generating commissions rather than solely based on the Client. Clients are not obligated to implement any
recommendation provided by the Advisor nor Advisory Persons. Neither the Advisor nor Advisory Persons will earn
ongoing investment advisory fees in connection with any products or services implemented in the Advisory Person’s
separate capacity as a registered representative. Please see Item 10 – Other Financial Industry Activities and
Affiliations.
Item 6 – Performance-Based Fees and Side-By-Side Management
Astra Wealth Management does not charge performance-based fees for its investment advisory services. The fees
charged by Astra Wealth Management are as described in Item 5 above and are not based upon the capital
appreciation of the funds or securities held by any Client.
Astra Wealth Management does not manage any proprietary investment funds or limited partnerships (for example,
a mutual fund or a hedge fund) and has no financial incentive to recommend any particular investment options to its
Clients.
Item 7 – Types of Clients
Astra Wealth Management offers investment advisory services to individuals, high net worth individuals, trusts,
estates, businesses, and retirement plans. Astra Wealth Management requires a minimum account balance of
$100,000 for wealth management services which may be waived at the Advisor’s sole discretion.
Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss
A. Methods of Analysis
Astra Wealth Management primarily employs fundamental, technical, cyclical, and charting analysis methods in
developing investment strategies for its Clients. Research and analysis from Astra Wealth Management are derived
from numerous sources, including financial media companies, third-party research materials, Internet sources, and
review of company activities, including annual reports, prospectuses, press releases and research prepared by
others.
Fundamental
Fundamental analysis utilizes economic and business indicators as investment selection criteria. This criteria consists
generally of ratios and trends that may indicate the overall strength and financial viability of the entity being analyzed.
Assets are deemed suitable if they meet certain criteria to indicate that they are a strong investment with a value
discounted by the market. While this type of analysis helps the Advisor in evaluating a potential investment, it does
not guarantee that the investment will increase in value. Assets meeting the investment criteria utilized in the
fundamental analysis may lose value and may have negative investment performance. The Advisor monitors these
economic indicators to determine if adjustments to strategic allocations are appropriate. More details on the Advisor’s
review process are included below in Item 13 – Review of Accounts.
Technical
Technical analysis involves the analysis of past market data rather than specific company data in determining the
recommendations made to clients. Technical analysis may involve the use of charts to identify market patterns and
trends, which may be based on investor sentiment rather than the fundamentals of the company. The primary risk in
using technical analysis is that spotting historical trends may not help to predict such trends in the future. Even if the
trend will eventually reoccur, there is no guarantee that Astra Wealth Management will be able to accurately predict
such a reoccurrence.
Cyclical
Cyclical analysis is similar to technical analysis in that it involves the analysis of market conditions at a macro (entire
market/economy) or micro (company specific) level, rather than the overall fundamental analysis of the health of the
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
particular company that Astra Wealth Management is recommending. The risks with cyclical analysis are similar to
those of technical analysis
Charting
Charting analysis utilizes various market indicators as investment selection criteria. These criteria are generally
pricing trends that may indicate movement in the markets. Assets are deemed suitable if they meet certain criteria to
indicate that they are a strong investment with a value discounted by the market. While this type of analysis helps the
Advisor in evaluating a potential investment, it does not guarantee that the investment will increase in value. Assets
meeting the investment criteria utilized in the technical and charting analysis may lose value and may have negative
investment performance. The Advisor monitors these market indicators to determine if adjustments to strategic
allocations are appropriate.
As noted above, Astra Wealth Management generally employs a long-term investment strategy for its Clients, as
consistent with their financial goals. Astra Wealth Management will typically hold all or a portion of a security for more
than a year, but may hold for shorter periods for the purpose of rebalancing a portfolio or meeting the cash needs of
Clients. At times, Astra Wealth Management may also buy and sell positions that are more short-term in nature,
depending on the goals of the Client and/or the fundamentals of the security, sector or asset class.
B. Risk of Loss
Investing in securities involves certain investment risks. Securities may fluctuate in value or lose value. Clients should
be prepared to bear the potential risk of loss. Astra Wealth Management will assist Clients in determining an
appropriate strategy based on their tolerance for risk and other factors noted above. However, there is no guarantee
that a Client will meet their investment goals. Please see Item 8.B. for risks associated with the Advisor’s investment
strategies as well as general risks of investing.
While the methods of analysis help the Advisor in evaluating a potential investment, it does not guarantee that the
investment will increase in value. Assets meeting the investment criteria utilized in these methods of analysis may
lose value and may have negative investment performance. The Advisor monitors these economic indicators to
determine if adjustments to strategic allocations are appropriate. More details on the Advisor’s review process are
included below in Item 13 – Review of Accounts.
Each Client engagement will entail a review of the Client's investment goals, financial situation, time horizon,
tolerance for risk and other factors to develop an appropriate strategy for managing a Client's account. Client
participation in this process, including full and accurate disclosure of requested information, is essential for the
analysis of a Client's account[s]. The Advisor shall rely on the financial and other information provided by the Client
or their designees without the duty or obligation to validate the accuracy and completeness of the provided
information. It is the responsibility of the Client to inform the Advisor of any changes in financial condition, goals or
other factors that may affect this analysis.
The risks associated with a particular strategy are provided to each Client in advance of investing Client accounts.
The Advisor will work with each Client to determine their tolerance for risk as part of the portfolio construction process.
Following are some of the risks associated with the Advisor’s investment strategies:
Market Risks
The value of a Client’s holdings may fluctuate in response to events specific to companies or markets, as well as
economic, political, or social events in the U.S. and abroad. This risk is linked to the performance of the overall
financial markets.
ETF Risks
The performance of ETFs is subject to market risk, including the possible loss of principal. The price of the ETFs will
fluctuate with the price of the underlying securities that make up the funds. In addition, ETFs have a trading risk based
on the loss of cost efficiency if the ETFs are traded actively and a liquidity risk if the ETFs has a large bid-ask spread
and low trading volume. The price of an ETF fluctuates based upon the market movements and may dissociate from
the index being tracked by the ETF or the price of the underlying investments. An ETF purchased or sold at one point
in the day may have a different price than the same ETF purchased or sold a short time later.
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
Bond Risks
Bonds are subject to specific risks, including the following: (1) interest rate risks, i.e. the risk that bond prices will fall
if interest rates rise, and vice versa, the risk depends on two things, the bond's time to maturity, and the coupon rate
of the bond. (2) reinvestment risk, i.e. the risk that any profit gained must be reinvested at a lower rate than was
previously being earned, (3) inflation risk, i.e. the risk that the cost of living and inflation increase at a rate that exceeds
the income investment thereby decreasing the investor’s rate of return, (4) credit default risk, i.e. the risk associated
with purchasing a debt instrument which includes the possibility of the company defaulting on its repayment
obligation, (5) rating downgrades, i.e. the risk associated with a rating agency’s downgrade of the company’s rating
which impacts the investor’s confidence in the company’s ability to repay its debt and (6) Liquidity Risks, i.e. the risk
that a bond may not be sold as quickly as there is no readily available market for the bond.
Mutual Fund Risks
The performance of mutual funds is subject to market risk, including the possible loss of principal. The price of the
mutual funds will fluctuate with the value of the underlying securities that make up the funds. The price of a mutual
fund is typically set daily therefore a mutual fund purchased at one point in the day will typically have the same price
as a mutual fund purchased later that same day.
Options Contracts
Investments in options contracts have the risk of losing value in a relatively short period of time. Option contracts are
leveraged instruments that allow the holder of a single contract to control many shares of an underlying stock. This
leverage can compound gains or losses.
Alternative Investments (Limited Partnerships)
The performance of alternative investments (limited partnerships) can be volatile and may have limited liquidity. An
investor could lose all or a portion of their investment. Such investments often have concentrated positions and
investments that may carry higher risks. Client should only have a portion of their assets in these investments.
Structured Products
Structured products are securities derived from another asset, such as a security or a basket of securities, an index,
a commodity, a debt issuance, or a foreign currency. Structured products frequently limit the upside participation in
the reference asset. Structured products are senior unsecured debt of the issuing bank and are subject to the credit
risk associated with that issuer. This credit risk exists whether or not the investment held in the account offers principal
protection. The creditworthiness of the issuer does not affect or enhance the likely performance of the investment
other than the ability of the issuer to meet its obligations. Any payments due at maturity are dependent on the issuer’s
ability to pay. In addition, the trading price of the security in the secondary market, if there is one, may be adversely
impacted if the issuer’s credit rating is downgraded. Some structured products offer full protection of the principal
invested, others offer only partial or no protection. Investors may be sacrificing a higher yield to obtain the principal
guarantee. In addition, the principal guarantee relates to nominal principal and does not offer inflation protection. An
investor in a structured product never has a claim on the underlying investment, whether a security, zero coupon
bond, or option. There may be little or no secondary market for the securities and information regarding independent
market pricing for the securities may be limited. This is true even if the product has a ticker symbol or has been
approved for listing on an exchange. Tax treatment of structured products may be different from other investments
held in the account (e.g., income may be taxed as ordinary income even though payment is not received until
maturity). Structured CDs that are insured by the FDIC are subject to applicable FDIC limits.
Past performance is not a guarantee of future returns. Investing in securities and other investments involve
a risk of loss that each Client should understand and be willing to bear. Clients are reminded to discuss
these risks with the Advisor
Item 9 – Disciplinary Information
There are no legal, regulatory or disciplinary events involving Astra Wealth Management or its management
persons. Astra Wealth Management values the trust Clients place in the Advisor. The Advisor encourages Clients
to perform the requisite due diligence on any advisor or service provider that the Client engages. The backgrounds
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
of the Advisor or Advisory Persons are available on the Investment Adviser Public Disclosure website at
www.adviserinfo.sec.gov by searching with the Advisor’s firm name or CRD# 326006.
Item 10 – Other Financial Industry Activities and Affiliations
Astra Insurance Services LLC
As noted in Item 5, certain Advisory Persons are licensed insurance professionals through Astra Insurance Services
an insurance agency under common control with the Advisor. Implementations of insurance recommendations are
separate and apart from one’s role with Astra Wealth Management. As an insurance professional, Advisory Persons
receive customary commissions and other related revenues from the various insurance companies whose products
are sold. Commissions generated by insurance sales do not offset regular advisory fees. This may cause a conflict
of interest in recommending certain products of the insurance companies. Clients are under no obligation to
implement any recommendations made by an Advisory Person or the Advisor.
for
the
Broker-Dealer Affiliations
As noted in Item 5, certain Advisory Persons are also registered representatives of PKS. In one’s separate capacity
as a registered representative, Advisory Persons will receive commissions
implementation of
recommendations for commissionable transactions. Clients are not obligated to implement any recommendation
provided by an Advisory Person. Neither the Advisor nor Advisory Persons will earn ongoing investment advisory
fees in connection with any services implemented in one’s separate capacity as a registered representative.
Astra Fiduciary Services, LLC
Astra Wealth Management is affiliated through common ownership and control with Astra Fiduciary Services, LLC
(“AFS”). AFS offers a suite of services to meet the needs of clients, which include but are not limited to, financial
oversight, personnel management, risk management, coordination with trusted advisors, philanthropy, trust services,
and bill pay services. Astra Wealth Management may refer prospective and current Clients to utilize the services of
AFS. Additionally, AFS may refer clients to Astra Wealth Management for wealth management services. This
presents a conflict of interest as management persons will benefit from the additional revenue generated. Clients of
Astra Wealth Management are not obligated to engage the services of AFS in order to establish or maintain an
advisory relationship with Astra Wealth Management.
Use of Independent Managers
The Advisor may recommend that all or a portion of the Client’s account[s] be implemented through one or more
Independent Managers. Through the Independent Managers, Astra Wealth Management has access to trading
technology, transition support, reporting, custody, brokerage, investments, compliance, and other related services.
While Astra Wealth Management believes this open architecture structure for both operational and investment
services best serves the interests of its Clients, this relationship presents certain conflicts of interest due to the fact
that the Independent Manager retains a portion of the platform or other third-party fees paid by Astra Wealth
Management or Clients for the services referenced above. In light of the foregoing, Astra Wealth Management seeks
at all times to ensure that any material conflicts are addressed on a fully-disclosed basis and handled in a manner
that is aligned with its Clients’ best interests. Astra Wealth Management does not receive any portion of the fees paid
directly to Independent Managers, its affiliates, or the service providers made available through the platform. In
addition, Astra Wealth Management reviews all such relationships, including the service providers engaged through
any Investment Platform engaged, on an ongoing basis in an effort to ensure Clients are receiving competitive rates
in relation to the quality and scope of the services provided.
Item 11 – Code of Ethics, Participation or Interest in Client Transactions and Personal Trading
A. Code of Ethics
Astra Wealth Management has implemented a Code of Ethics (the “Code”) that defines the Advisor’s fiduciary
commitment to each Client. This Code applies to all persons associated with Astra Wealth Management (“Supervised
Persons”). The Code was developed to provide general ethical guidelines and specific instructions regarding the
Advisor’s duties to each Client. Astra Wealth Management and its Supervised Persons owe a duty of loyalty, fairness
and good faith towards each Client. It is the obligation of Astra Wealth Management’s Supervised Persons to adhere
not only to the specific provisions of the Code, but also to the general principles that guide the Code. The Code
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
covers a range of topics that address employee ethics and conflicts of interest. To request a copy of the Code, please
contact the Advisor at (972) 327-8820.
B. Personal Trading with Material Interest
Astra Wealth Management allows Supervised Persons to purchase or sell the same securities that may be
recommended to and purchased on behalf of Clients. Astra Wealth Management does not act as principal in any
transactions. In addition, the Advisor does not act as the general partner of a fund, or advise an investment company.
Astra Wealth Management does not have a material interest in any securities traded in Client accounts.
C. Personal Trading in Same Securities as Clients
Astra Wealth Management allows Supervised Persons to purchase or sell the same securities that may be
recommended to and purchased on behalf of Clients. Owning the same securities that are recommended (purchase
or sell) to Clients presents a conflict of interest that, as fiduciaries, must be disclosed to Clients and mitigated through
policies and procedures. As noted above, the Advisor has adopted the Code to address insider trading (material non-
public information controls); gifts and entertainment; outside business activities and personal securities reporting.
When trading for personal accounts, Supervised Persons have a conflict of interest if trading in the same securities.
The fiduciary duty to act in the best interest of its Clients can be violated if personal trades are made with more
advantageous terms than Client trades, or by trading based on material non-public information. This risk is mitigated
by Astra Wealth Management requiring reporting of personal securities trades by its Supervised Persons for review
by the Chief Compliance Officer (“CCO”) or delegate. The Advisor has also adopted written policies and procedures
to detect the misuse of material, non-public information.
D. Personal Trading at Same Time as Client
While Astra Wealth Management allows Supervised Persons to purchase or sell the same securities that may be
recommended to and purchased on behalf of Clients, such trades are typically aggregated with Client orders or traded
afterwards. At no time will Astra Wealth Management, or any Supervised Person of Astra Wealth Management,
transact in any security to the detriment of any Client.
Item 12 – Brokerage Practices
A. Recommendation of Custodian[s]
Astra Wealth Management does not have discretionary authority to select the broker-dealer/custodian for custody
and execution services. The Client will engage the broker-dealer/custodian (herein the "Custodian") to safeguard
Client assets and authorize Astra Wealth Management to direct trades to the Custodian as agreed upon in the
investment advisory agreement. Further, Astra Wealth Management does not have the discretionary authority to
negotiate commissions on behalf of Clients on a trade-by-trade basis.
Where Astra Wealth Management does not exercise discretion over the selection of the Custodian, it may recommend
the Custodian to Clients for custody and execution services. Clients are not obligated to use the recommended
Custodian and will not incur any extra fee or cost from the Advisor associated with using a custodian not
recommended by Astra Wealth Management. However, the Advisor may be limited in the services it can provide if
the recommended Custodian is not engaged. Astra Wealth Management may recommend the Custodian based on
criteria such as, but not limited to, reasonableness of commissions charged to the Client, services made available to
the Client, and its reputation and/or the location of the Custodian’s offices.
Astra Wealth Management will generally recommend that Clients establish their account[s] with National Financial
Services LLC and Fidelity Clearing and Custody Solutions and related divisions of Fidelity Investments, Inc.
(collectively “Fidelity”) or Charles Schwab & Co., Inc. (“Schwab”), FINRA-registered broker-dealers and members
SIPC. Fidelity and Schwab will serve as the Client’s “qualified custodian”. The Advisor maintains an institutional
relationship with both Fidelity and Schwab, whereby the Advisor receives economic benefits from Fidelity and
Schwab. Please see Item 14 below.
As registered representatives of PKS, the Advisor may be limited in using other broker-dealers/custodians as PKS
must approve the use of any outside broker-dealer/custodian.
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
Following are additional details regarding the brokerage practices of the Advisor:
1. Soft Dollars - Soft dollars are revenue programs offered by broker-dealers/custodians whereby an advisor enters
into an agreement to place security trades with a broker-dealer/custodian in exchange for research and other
services. Astra Wealth Management does not participate in soft dollar programs sponsored or offered by any
broker-dealer/custodian. However, the Advisor receives certain economic benefits from the Custodian.
Please see Item 14 below.
2. Brokerage Referrals - Astra Wealth Management does not receive any compensation from any third party in
connection with the recommendation for establishing an account.
3. Directed Brokerage - All Clients are serviced on a “directed brokerage basis”, where Astra Wealth Management
will place trades within the established account[s] at the Custodian designated by the Client. Further, all Client
accounts are traded within their respective account[s]. The Advisor will not engage in any principal transactions (i.e.,
trade of any security from or to the Advisor’s own account) or cross transactions with other Client accounts (i.e.,
purchase of a security into one Client account from another Client’s account[s]). Astra Wealth Management will not
be obligated to select competitive bids on securities transactions and does not have an obligation to seek the lowest
available transaction costs. These costs are determined by the Custodian.
4. Prime Brokerage – Astra Wealth Management may obtain limited one-time ability to execute trades through other
broker-dealers when placing securities transactions on behalf of Clients with assets custodied at Fidelity via its prime
brokerage relationship. In such instances where Astra Wealth Management trades away from Fidelity, the account
will often incur a trade-away fee from Fidelity for each transaction that is executed on a trade-away basis. The fee is
separate from the commission/transaction fee or mark-up/mark-down imposed by the broker-dealer through which
the trade was executed. Trading away may be advantageous for the Client because: the broker-dealer may have
expertise in a particular security or market; the broker-dealer makes a market in a particular security; a particular
security is thinly traded; or the broker-dealer can identify a counter-party for a trade. A Client may pay higher net
execution costs than would have paid if the transaction were placed through the Custodian holding his or her assets.
Astra Wealth Management will periodically review its arrangements with the Custodian against other possible
arrangements in the marketplace as it strives to achieve best execution on behalf of its Clients.
B. Aggregating and Allocating Trades
The primary objective in placing orders for the purchase and sale of securities for Client accounts is to obtain the
most favorable net results taking into account such factors as 1) price, 2) size of the order, 3) difficulty of execution,
4) confidentiality and 5) skill required of the Custodian. Astra Wealth Management will execute its transactions
through the Custodian as authorized by the Client, unless otherwise authorized by the Client through a trade-away
agreement. Astra Wealth Management may aggregate orders in a block trade or trades when securities are
purchased or sold through the Custodian for multiple (discretionary) accounts in the same trading day. If a block trade
cannot be executed in full at the same price or time, the securities actually purchased or sold by the close of each
business day must be allocated in a manner that is consistent with the initial pre-allocation or other written statement.
This must be done in a way that does not consistently advantage or disadvantage any particular Clients’ accounts.
Item 13 – Review of Accounts
A. Frequency of Reviews
Securities in Client accounts are monitored on a regular and continuous basis by Owen McCabe, Chief Compliance
Officer of Astra Wealth Management. Formal reviews are generally conducted at least annually or more frequently
depending on the needs of the Client.
B. Causes for Reviews
In addition to the investment monitoring noted in Item 13.A., each Client account shall be reviewed at least annually.
Reviews may be conducted more frequently at the Client’s request. Accounts may be reviewed as a result of major
changes in economic conditions, known changes in the Client’s financial situation, and/or large deposits or
withdrawals in the Client’s account[s]. The Client is encouraged to notify Astra Wealth Management if changes occur
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
in the Client’s personal financial situation that might adversely affect the Client’s investment plan. Additional reviews
may be triggered by material market, economic or political events.
C. Review Reports
The Client will receive brokerage statements no less than quarterly from the Custodian. These brokerage statements
are sent directly from the Custodian to the Client. The Client may also establish electronic access to the Custodian’s
website so that the Client may view these reports and their account activity. Client brokerage statements will include
all positions, transactions and fees relating to the Client’s account[s]. The Advisor may also provide Clients with
periodic reports regarding their holdings, allocations, and performance.
Item 14 – Client Referrals and Other Compensation
A. Compensation Received by Astra Wealth Management
Astra Wealth Management may refer Clients to various unaffiliated, non-advisory professionals (e.g. attorneys,
accountants, estate planners) to provide certain financial services necessary to meet the goals of its Clients. Likewise,
Astra Wealth Management may receive non-compensated referrals of new Clients from various third-parties.
Participation in Institutional Advisor Platform
Astra Wealth Management has established an institutional relationship with Fidelity to assist the Advisor in managing
Client account[s]. Access to the Fidelity platform is provided at no charge to the Advisor. The Advisor receives access
to software and related support without cost because the Advisor renders investment management services to Clients
that maintain assets at Fidelity. The software and related systems support may benefit the Advisor, but not its Clients
directly. In fulfilling its duties to its Clients, the Advisor endeavors at all times to put the interests of its Clients first.
Clients should be aware, however, that the receipt of economic benefits from a Custodian creates a conflict of interest
since these benefits may influence the Advisor's recommendation of this Custodian over one that does not furnish
similar software, systems support, or services.
Additionally, the Advisor has the following benefits from Fidelity: financing services, receipt of duplicate Client
confirmations and bundled duplicate statements; access to a trading desk that exclusively services its institutional
participants; access to block trading which provides the ability to aggregate securities transactions and then allocate
the appropriate shares to Client accounts; and access to an electronic communication network for Client order entry
and account information.
Participation in Institutional Advisor Platform
Astra Wealth Management has established an institutional relationship with Schwab through its “Schwab Advisor
Services” unit, a division of Schwab dedicated to serving independent advisory firms like The Advisor. As a
registered investment advisor participating on the Schwab Advisor Services platform, The Advisor receives access
to software and related support without cost because the Advisor renders investment management services to
Clients that maintain assets at Schwab. Services provided by Schwab Advisor Services benefit the Advisor and
many, but not all services provided by Schwab will benefit Clients. In fulfilling its duties to its Clients, the Advisor
endeavors at all times to put the interests of its Clients first. Clients should be aware, however, that the receipt of
economic benefits from a custodian creates a potential conflict of interest since these benefits may influence the
Advisor's recommendation of this custodian over one that does not furnish similar software, systems support, or
services.
Services that Benefit the Client – Schwab’s institutional brokerage services include access to a broad range of
investment products, execution of securities transactions, and custody of Client’s funds and securities. Through
Schwab, the Advisor may be able to access certain investments and asset classes that the Client would not be able
to obtain directly or through other sources. Further, the Advisor may be able to invest in certain mutual funds and
other investments without having to adhere to investment minimums that might be required if the Client were to
directly access the investments.
Services that May Indirectly Benefit the Client – Schwab provides participating advisors with access to technology,
research, discounts and other services. In addition, the Advisor receives duplicate statements for Client accounts,
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
the ability to deduct advisory fees, trading tools, and back-office support services as part of its relationship with
Schwab. These services are intended to assist the Advisor in effectively managing accounts for its Clients, but may
not directly benefit all Clients.
Services that May Only Benefit the Advisor – Schwab also offers other services to The Advisor that may not benefit
the Client, including: educational conferences and events, financial start-up support, consulting services and
discounts for various service providers. Access to these services creates a financial incentive for the Advisor to
recommend Schwab, which results in a potential conflict of interest. The Advisor believes, however, that the
selection of Schwab as Custodian is in the best interests of its Clients.
B. Compensation for Client Referrals
The Advisor does not compensate, either directly or indirectly, any persons who are not supervised persons, for Client
referrals.
Item 15 – Custody
The Advisor is considered to have custody under the following circumstances and is consequently required to
undergo an annual surprise examination.
Astra Fiduciary Services - Astra Wealth Management through its affiliation with AFS, is deemed to have
custody over certain Client accounts and/or securities, as AFS may be appointed to serve as trustee on Client
accounts. As such, the Advisor has engaged an independent accounting firm to perform an annual surprise
examination of those assets and accounts. Any related opinions issued by an independent accounting firm
are filed with the SEC and are publicly available on the SEC’s Investment Adviser Public Disclosure website
(http://adviserinfo.sec.gov).
Additionally, The Advisor is considered to have custody under the following limited circumstances. However, specific
safeguards have been implemented to ensure that the associated Clients and accounts are exempt from an annual
surprise examination.
Deduction of Advisory Fees - To ensure compliance with regulatory requirements associated with the
deduction of advisory fees, all Clients for whom Astra Wealth Management exercises discretionary authority
must hold their assets with a "qualified custodian." Clients are responsible for engaging a “qualified custodian”
to safeguard their funds and securities and must instruct Astra Wealth Management to utilize that Custodian
for securities transactions on their behalf. Clients are encouraged to review statements provided by the
Custodian and compare to any reports provided by Astra Wealth Management to ensure accuracy, as the
Custodian does not perform this review.
Money Movement Authorization - For instances where Clients authorize Astra Wealth Management to move
funds between their accounts, Astra Wealth Management and the Custodian have implemented safeguards
to ensure that all money movement activities are conducted strictly in accordance with the Client’s
documented instructions.
Item 16 – Investment Discretion
Astra Wealth Management generally has discretion over the selection and amount of securities to be bought or sold
in Client accounts without obtaining prior consent or approval from the Client. However, these purchases or sales
may be subject to specified investment objectives, guidelines, or limitations previously set forth by the Client and
agreed to by Astra Wealth Management. Discretionary authority will only be authorized upon full disclosure to the
Client. The granting of such authority will be evidenced by the Client's execution of an investment advisory agreement
containing all applicable limitations to such authority. All discretionary trades made by Astra Wealth Management will
be in accordance with each Client's investment objectives and goals.
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
Item 17 – Voting Client Securities
Astra Wealth Management does not accept proxy-voting responsibility for any Client. Clients will receive proxy
statements directly from the Custodian. The Advisor will assist in answering questions relating to proxies, however,
the Client retains the sole responsibility for proxy decisions and voting.
Item 18 – Financial Information
Neither Astra Wealth Management, nor its management, have any adverse financial situations that would reasonably
impair the ability of Astra Wealth Management to meet all obligations to its Clients. Neither Astra Wealth
Management, nor any of its Advisory Persons, have been subject to a bankruptcy or financial compromise. Astra
Wealth Management is not required to deliver a balance sheet along with this Disclosure Brochure as the Advisor
does not collect advance fees of $1200 or more for services to be performed six months or more in the future.
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
Privacy Policy
Effective: October 30, 2025
Our Commitment to You
Tyche Wealth Partners LLC (“Astra Wealth Management” or the “Advisor”) is committed to safeguarding the use of
personal information of our Clients (also referred to as “you” and “your”) that we obtain as your Investment Advisor,
as described here in our Privacy Policy (“Policy”).
Our relationship with you is our most important asset. We understand that you have entrusted us with your private
information, and we do everything that we can to maintain that trust. Astra Wealth Management (also referred to as
"we", "our" and "us”) protects the security and confidentiality of the personal information we have and implements
controls to ensure that such information is used for proper business purposes in connection with the management or
servicing of our relationship with you.
Astra Wealth Management does not sell your non-public personal information to anyone. Nor do we provide such
information to others except for discrete and reasonable business purposes in connection with the servicing and
management of our relationship with you, as discussed below.
Details of our approach to privacy and how your personal non-public information is collected and used are set forth
in this Policy.
Why you need to know?
Registered Investment Advisors (“RIAs”) must share some of your personal information in the course of servicing
your account. Federal and State laws give you the right to limit some of this sharing and require RIAs to disclose how
we collect, share, and protect your personal information.
What information do we collect from you?
Driver’s license number
Date of birth
Social security or taxpayer identification number Assets and liabilities
Name, address and phone number[s]
Income and expenses
E-mail address[es]
Investment activity
Account information (including other institutions)
Investment experience and goals
What Information do we collect from other sources?
Custody, brokerage and advisory agreements
questionnaires
and
suitability
Other advisory agreements and legal documents
Transactional information with us or others
Account applications and forms
Investment
documents
Other information needed to service account
How do we protect your information?
To safeguard your personal information from unauthorized access and use we maintain physical, procedural and
electronic security measures. These include such safeguards as secure passwords, encrypted file storage and a
secure office environment. Our technology vendors provide security and access control over personal information
and have policies over the transmission of data. Our associates are trained on their responsibilities to protect Client’s
personal information.
We require third parties that assist in providing our services to you to protect the personal information they receive
from us.
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com
How do we share your information?
An RIA shares Client personal information to effectively implement its services. In the section below, we list some
reasons we may share your personal information.
Basis For Sharing
Do we share?
Can you limit?
Yes
No
to: processing
Servicing our Clients
We may share non-public personal information with non-affiliated third
parties (such as administrators, brokers, custodians, regulators, credit
agencies, other financial institutions) as necessary for us to provide agreed
upon services to you, consistent with applicable law, including but not
limited
transactions; general account maintenance;
responding to regulators or legal investigations; and credit reporting.
No
Not Shared
Marketing Purposes
Astra Wealth Management does not disclose, and does not intend to
disclose, personal information with non-affiliated third parties to offer you
services. Certain laws may give us the right to share your personal
information with financial institutions where you are a customer and where
Astra Wealth Management or the client has a formal agreement with the
financial institution. We will only share information for purposes of
servicing your accounts, not for marketing purposes.
Yes
Yes
Authorized Users
Your non-public personal information may be disclosed to you and persons
that we believe to be your authorized agent[s] or representative[s].
No
Not Shared
Information About Former Clients
Astra Wealth Management does not disclose and does not intend to
disclose, non-public personal information to non-affiliated third parties with
respect to persons who are no longer our Clients.
Changes to our Privacy Policy
We will send you a copy of this Policy annually for as long as you maintain an ongoing relationship with us.
Periodically we may revise this Policy and will provide you with a revised Policy if the changes materially alter the
previous Privacy Policy. We will not, however, revise our Privacy Policy to permit the sharing of non-public personal
information other than as described in this notice unless we first notify you and provide you with an opportunity to
prevent the information sharing.
Any Questions?
You may ask questions or voice any concerns, as well as obtain a copy of our current Privacy Policy by contacting
us at (972) 327-8820.
Tyche Wealth Partners LLC dba Astra Wealth Management, LLC
5700 Granite Parkway; 330, Plano, TX 75024
Phone: (972) 327-8820
https://www.astrawmg.com