Draper Asset Management is a registered investment advisor founded in October 2008 and based in Smithtown, New York. The firm is owned and operated by Robert F. Draper Jr. Draper Asset Management offers personalized investment management services to individuals, high net worth individuals, trusts, estates, businesses, and charitable organizations. The firm builds customized portfolios tailored to each client's specific goals, risk tolerance, and financial situation, utilizing primarily individual stocks, bonds, options contracts, and real estate investment trusts. Draper Asset Management operates as a fiduciary, meaning the firm is legally required to act in your best interest. The investment strategy is primarily long-term focused, though trades may occur to rebalance portfolios or meet client cash needs. Client funds and securities are held with independent qualified custodians, with Charles Schwab & Co., Inc. currently recommended as the primary custodian.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.25% |
Fees may be negotiable at the sole discretion of Draper Asset Management. No investment advisory fees are charged for cash management only accounts or assets under advisement accounts.