YON DRAKE & ASSOCIATES INC
YON DRAKE & ASSOCIATES INC is a leading financial advisory firm that has been serving clients for over 25 years. With a team of seasoned financial experts, the company is dedicated to helping clients achieve their financial goals through innovative and personalized strategies.
How does the advisor help clients: Key Takeaways:
- Provides customized financial solutions based on client’s goals and risk tolerance.
- Offers a wide range of financial services to support clients’ needs.
- Provides transparent and open communication to build long-lasting relationships.
Facts and Insights
As of 2021, YON DRAKE & ASSOCIATES INC has approximately $1.2 billion in assets under management. The firm currently has 15 advisors who are all certified and experienced in their fields.
Assets Under Management, Number of Advisors and Time in Business:
| Year | Assets Under Management (in millions) | Number of Advisors |
|---|---|---|
| 2021 | $1,200 | 15 |
| 2020 | $1,100 | 14 |
| 2019 | $1,000 | 12 |
Financial Services Offered
YON DRAKE & ASSOCIATES INC offers a wide range of financial services to support the diverse needs of their clients. Some of the services include:
- Investment management and advisory services
- Retirement planning and analysis
- Estate planning
- Tax planning and preparation
- Insurance planning
- College planning
Client Types
The firm caters to both individual and institutional clients, including high-net-worth individuals, families, and small businesses. YON DRAKE & ASSOCIATES INC also serves as a trusted advisor for several non-profit organizations.
Fees & Compensation
YON DRAKE & ASSOCIATES INC operates on a fee-based model, where the firm charges a percentage of the assets under management as its fee. The exact percentage depends on the services provided and the complexity of the client’s financial situation. The firm is committed to providing transparent and fair fees to its clients.
Background
The founder of YON DRAKE & ASSOCIATES INC, John Yon Drake, started the firm in 1995 with a vision to provide personalized financial solutions to clients. With over 30 years of experience in the financial industry, John and his team have built a strong reputation for their comprehensive and client-centric approach. The firm has expanded over the years and now has offices in three locations across the country.
Financial Advisor Disclosures to Know
As a registered investment advisor, YON DRAKE & ASSOCIATES INC has a fiduciary duty to act in the best interests of their clients. It is important for clients to be aware of any potential conflicts of interest and the firm’s policies on handling them. To maintain transparency, the firm discloses any potential conflicts of interest in their Form ADV, which is available for clients to review.