Drake & Associates (D&A) provides ongoing portfolio management based on individual client goals and risk tolerance. D&A uses portfolios from LSA Portfolio Analytics, held at Charles Schwab & Co. D&A also offers pension consulting services and financial planning, which can be bundled with investment management or offered independently. Financial planning covers investments, insurance, taxes, retirement, college, and debt. D&A may recommend additional services for extra compensation, creating a potential conflict of interest.
Assets Under Management$420M
Clients988
Advisors14
Avg. per Client$420K
Avg. per Advisor$30M
Fee Structure
Minimum Investment:$250K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $1000K | 1.25% |
| $1.0M - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.80% |
| $5M+ | 0.65% |
Fees are negotiable depending upon the needs of the client and complexity of the situation. If a client is already signed up with PCC will be grandfathered in at the current rate of .50%.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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