How does the advisor help clients – Key Takeaways:
Drake Capital Advisors LLC is a financial advisory firm that provides expert financial guidance to clients across the United States. Founded in 2012, the firm has built a reputation for delivering personalized and comprehensive solutions to support their clients’ financial goals.
Their team of knowledgeable and experienced advisors works closely with each client to understand their unique financial needs and develop a tailored plan to help them achieve their objectives. They are committed to providing transparent and objective advice to their clients and strive to build long-term relationships based on trust and mutual success.
Facts and Insights:
Drake Capital Advisors LLC currently manages $500 million in assets under management (AUM) and has 10 advisors on staff. The firm primarily serves individual clients, including high-net-worth individuals, families, and small business owners.
The firm’s investment philosophy is grounded in long-term value investing, focusing on companies with strong fundamentals and pricing discipline. They utilize a mix of traditional and alternative investments to build customized portfolios for their clients.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $500 million | 10 | Founded in 2012 |
Financial Services Offered:
- Investment management
- Retirement planning
- Estate planning
- Wealth transfer strategies
- Tax planning and management
- Risk management
Client Types:
Drake Capital Advisors LLC primarily serves individual clients, including high-net-worth individuals, families, and small business owners. They also work with non-profit organizations and offer 401(k) advisory services to employers.
Fees & Compensation:
Drake Capital Advisors LLC charges clients a percentage of AUM for their services. The exact fee structure may vary depending on the type and complexity of the client’s financial situation. Clients will receive a detailed breakdown of all fees and expenses before engaging in any services.
Background:
The founder and CEO of Drake Capital Advisors LLC, John Drake, has over 20 years of experience in the financial industry. He holds several industry certifications, including Certified Financial Planner (CFP) and Chartered Financial Analyst (CFA). The firm’s other advisors also have extensive experience and education in the field of finance.
Financial Advisor Disclosures to Know:
Drake Capital Advisors LLC is a registered investment advisor with the Securities and Exchange Commission (SEC). This means they are required to act in their clients’ best interests and comply with all regulatory and legal requirements. The firm has a clean record with no disciplinary actions or conflicts of interest to report.