DRAKE & ASSOCIATES, LLC

RIASEC RegisteredEst. 2019
Total AUM
$607M
Discretionary
$607M
100% of AUM
Avg account
$179K
Accounts
3,401
Employees
34
Advisory reps
17

Firm details

Headquarters
WAUKESHA, Wisconsin
CRD number
154854
Registered since
May 16, 2019
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges
Client types
  • Individuals59.4%
  • HNWI40.6%
Services
Financial PlanningPortfolio Management for IndividualsSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Drake & Associates, LLC is an independent registered investment adviser established with SEC registration in 2019 and organized as an LLC under individual ownership. The firm focuses on serving individual and family clients, offering a mix of ongoing portfolio management and financial planning. Compensation is primarily a percentage of assets under management, supplemented by hourly billing for some services. Service offerings emphasize personalized advice for individuals and small businesses: financial planning, discretionary portfolio management, selection and oversight of third‑party advisers, and client education through seminars and workshops. The firm identifies itself as a capital allocator but does not position itself as an ESG investor, pension consultant, or multi‑state adviser. It also lists an industry affiliation with an insurance company.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 80%, Exchange Traded Equities 15%, Cash & Cash Equivalents 5%80%
  • Public Funds/Mutual Funds80%
  • Exchange Traded Equities15%
  • Cash & Cash Equivalents5%

Owners & executives

2 of 2
  • LAURA KRAUS

    Chief Supervision OfficerCRD 3070427

  • ANTHONY DRAKE

    Financial Advisor & CEOCRD 4637793

Contacts

3 of 15
  • Brendan Christiansen

    TraderCRD 7199652

  • JONATHAN COSTA

    Lead AdvisorCRD 6708695

  • Kristina Alfini

    Relationship AdvisorCRD 6984347

Unlock 12 more contacts

Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 38

Active vs passive

$513M in ETFs

Passive

59%

$303M

Active

41%

$210M

ETFProviderStyleCategoryValueShares% of portfolio
FIDELITY TOTAL BOND ETF (FBND)FidelityActiveIntermediate Core Plus Bond$46.6M1,020,4069.08%

Location

Primary office

WAUKESHA, WI

WAUKESHA

Location

WAUKESHA, WI

Headquartered in WAUKESHA, WI, anchoring the Milwaukee-Racine-Waukesha, WI metro in the Midwest.

Metro area
Milwaukee-Racine-Waukesha, WI
Region
Midwest
County
WAUKESHA
Address
20965 Crossroads Cir
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth