Charles Drake
Charles Drake is a registered investment advisor at Holistic Wealth Advisors, based in Guilford, CT, with 25 years of industry experience. Charles operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Retirement Planning, and 1 more. Their firm serves 654 clients with $230M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
HWA provides ongoing investment advice and management for assets in client accounts. The maximum annual advisory fee is 1.50% for advisor-managed non-wrap accounts. In limited cases, HWA may apply a flat fee to provide asset management services, but the maximum flat fee will be no more than 1.50% of the assets under management. Fees are negotiable. Clients also pay transaction charges to the broker-dealer, not HWA.
Location
5 Church Street, Guilford, CT, 06437
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Charles is involved with Sterling Holistic Advisors for non-variable insurance since 2018. He also operates Holistic Wealth Advisors as a DBA for his LPL business and as a Registered Investment Advisor, dedicating about 10-20% of his time to the latter.
Employment History
Current Registrations
Holistic Wealth Advisors
LPL Financial LLCBroker
Previous Registrations
LPL Financial LLC
Cetera Advisor Networks LLCBroker
Cetera Advisor Networks LLC
Walnut Street Securities, INC.
Walnut Street Securities, INC.Broker
Nathan & Lewis Securities, INC.Broker
Ffp Securities, INC.Broker
State Registrations18 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.