Drake & Associates, LLC

RIASEC Registered
Total AUM
$607M
Discretionary
$607M
100% of AUM
Avg account
$179K
Accounts
3,401
Employees
36
Advisory reps
19

Firm details

Headquarters
Waukesha, Wisconsin
CRD number
154854
Registered since
May 16, 2019
Website
drakeandassociates.net
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, individual-owned registered investment adviser that has been SEC-registered since 2019. The firm focuses on serving individual and family clients through financial planning and portfolio management for individuals and small businesses. Services include selecting sub-advisers and delivering educational seminars or workshops. Drake operates as a capital allocator, charging clients by a percentage of assets under management and, in some cases, hourly fees. The firm is not an active ESG investor and lists an insurance company as an industry affiliation.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

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

FINTRX

Contacts

FINTRX

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 48

Active vs passive

$599M in ETFs

Passive

61%

$366M

Active

39%

$233M

ETFProviderStyleCategoryValueShares% of portfolio
COLUMBIA RESEARCH ENHANCED CORE ETF (RECS)PassiveLarge Blend$54.2M1,252,3109.05%
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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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