Draper Asset Management provides investment management services on both a discretionary and non-discretionary basis, allocating assets primarily among individual debt and equity securities, mutual funds, and exchange-traded funds. They also offer consulting services covering tax and estate planning. Draper Asset Management also does business as Union Partners Advisors, LLC, focusing on individuals in the public sector with retirement programs.
Fee Structure
Draper Asset Management charges an annual fee for investment management, ranging from 0.15% to 1.25% of the assets they manage. The specific percentage depends on the size and composition of your portfolio and the services you receive. This fee is calculated each quarter, based on the market value of your investments at the end of the previous quarter. Draper Asset Management can negotiate a different fee rate for certain client holdings. They also offer performance-based fees to qualified clients, consisting of a base fee of 1% of assets managed and a performance fee of 10% of net portfolio gains, subject to a high water mark.