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DRAKE & ASSOCIATES, LLC
CRD 154854File 801-115301
APPROVED
Retail clients
Filing as of Sep 30, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$607.3M
Above cohort median (national)
Discretionary AUM
$607.3M
Clients
3,401
3,401 accounts
Employees
36
Above cohort median in WI
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- CHRO
- Registration date
- May 16, 2019
- Principal office
- 20965 CROSSROADS CIRCLE, WAUKESHA, WI, 53186
- Phone
- 414-409-7226
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $607.3M
- Discretionary AUM
- $607.3M
- Non-discretionary AUM
- $0
- Discretionary accounts
- 3,401
- Non-discretionary accounts
- 0
- Total accounts
- 3,401
- AUM per client
- $179K
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| High net worth individuals | 645 | $246.5M |
| Individuals (other than high net worth individuals) | 2,756 | $360.7M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Hourly charges
- A percentage of assets under your management
Advisory activities
- Other
- Financial planning services
- Selection of other advisers
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- No
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Aug 1, 2026 | Employees | 35 | 36 | increased by1 |
| Jul 1, 2026 | Employees | 34 | 35 | increased by1 |
| Apr 1, 2026 | Employees | 35 | 34 | decreased by1 |
| Apr 1, 2026 | Clients | 988 | 3,401 | increased by2,413 |
| Apr 1, 2026 | AUM | $418,750,691 | $607,255,901 | increased by$188,505,210 |
| Apr 1, 2026 | Accounts | 2,611 | 3,401 | increased by790 |
| Dec 1, 2025 vs May 1, 2025 | Employees | 38 | 35 | decreased by3 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 11 | 38 | increased by27 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 1,346 | 988 | decreased by358 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $227,801,155 | $418,750,691 | increased by$190,949,536 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 1,983 | 2,611 | increased by628 |
| Apr 1, 2022 | Clients | 1,409 | 1,346 | decreased by63 |
| Apr 1, 2022 | AUM | $163,362,802 | $227,801,155 | increased by$64,438,353 |
| Apr 1, 2022 | Accounts | 1,409 | 1,983 | increased by574 |
| Aug 1, 2021 | Employees | 10 | 11 | increased by1 |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “DRAKE ASSOCIATES” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“DRAKE ASSOCIATES” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.