DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Drake & Associates, LLC

Independent wealth managerWaukesha, WisconsinCRD 154854SEC 801-115301websiteIAPD
Latest filing Jul 6, 2026
First filing on the tape Apr 17, 2019 · 42 filings
SEC status approved since May 16, 2019
RAUM
$607M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$607M individuals and HNW
Advisors
16
registered through the firm on IAPD
RAUM per advisor
$38.0M
derived; firm RAUM over IAPD count
Employees
36
15 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
42 filings and snapshots on the tape
RAUM$607M as of Jul 6, 2026
Mar 17, 2020$130M then
HNW client RAUM$247M as of Jul 6, 2026
Mar 17, 2020$34.8M then
State-registered IARs (5.B.3)15 as of Jul 6, 2026
Mar 17, 20205 then
Employees (5.A)36 as of Jul 6, 2026
Mar 17, 202010 then
Private funds: no history
RAUM +45% over the last fiscal year+39% a year over threeIARs 15 to 15offices 2 to 1
Practice profile
derived from the filing of Jul 6, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
RAUM per advisor
$38.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
213derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$382,224derivedHNW RAUM over HNW clients
Average account
$178,552derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.3derivedItem 5.A over advisors
Advisors per office
8.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+45%derivedbetween the last two annual amendments
Advisor growth, one year
-13%derivedItem 5.B.3 between annual amendments
Client growth, one year
+244%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, educational seminarsreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$361M59%
  • High-net-worth individuals$247M41%
Individual clients
2,756reported
HNW clients
645reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
3,401reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
16 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Anthony Samuel DrakeWaukesha, WiOct 1, 201018 y1
Bradley Michael AllenWaukesha, WiJul 3, 201711 y0
Thomas Joseph NeumannWaukesha, WiApr 3, 201920 y3
Randall John WinklerCertified Financial PlannerWaukesha, WiDec 7, 202226 y5
Jonathan Carl CostaWaukesha, WiApr 30, 202410 y1
Brendan Matthias ChristiansenWaukesha, WiAug 10, 202412 y0
Ryan RadeckiWaukesha, WiSep 30, 202415 y0
Carson Joseph BiberWaukesha, WiOct 10, 202411 y2
Jessica Jeanne ReddyCertified Financial PlannerWaukesha, WiMar 25, 202525 y1
Jacob Joseph NewlinWaukesha, WiSep 11, 202511 y0
Ryan John JanickWaukesha, WiJan 29, 202610 y0
Chase Frederick LakariWaukesha, WiFeb 24, 202610 y1
Anthony TrindadeWaukesha, WiMar 26, 202611 y1
Joshua Todd HinesWaukesha, WiJun 4, 202615 y2
Kristina Amelia AlfiniWaukesha, WiJun 15, 202614 y1
John Francis MajewskiWaukesha, WiJul 2, 202610 y0
Advisor movement
2 left, 4 joined in 12 months
net +2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 13% of current headcount5 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Samuel Anthony Drake · Managing Membercontrol
    since 08/2010 · owns 75% or more
  • Disbrow Ian Meiksins · Chief Compliance Officer
    since 08/2023 · owns less than 5%
  • Doyle Robin Rettschlag · Director Of Operations
    since 08/2023 · owns less than 5%
Related persons
Schedule D 7.A
  • Loft Financial Advisory Group, LLC
    real estaten
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Waukesha, Wi · principal1662
Offices
Schedule D 1.F, the 25 largest
  • Mequon, WI3 employees
  • Grand Rapids, MI1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • client count surgeChange between filings · filing Apr 2, 2026
    individual and HNW clients (Item 5.D) moved from 988.0 to 3,401.0 (+244.0%) between the annual amendments of 2025-04-14 and 2026-04-02; the peer median change was +5.0% (1216 comparable advisers, 100.0th percentile of changes)
    peers: independent wealth managers, $500M to $1B (1,216) · 100% percentile
  • RAUM up 25 %Change between filings · filing Apr 2, 2026
    RAUM (Item 5.F) moved from $418,750,691 to $607,255,901 (+45.0%) between the annual amendments of 2025-04-14 and 2026-04-02; the peer median change was +16.0% (1386 comparable advisers, 93.0th percentile of changes)
    peers: independent wealth managers, $500M to $1B (1,386) · 93% percentile
How anomalies are measured
What changed
consecutive filings, newest first
  • Advisory employees · 14 to 15
    Jun 5, 2026 to Jul 6, 2026
  • Employees · 35 to 36
    Jun 5, 2026 to Jul 6, 2026
  • State-registered IARs · 14 to 15
    Jun 5, 2026 to Jul 6, 2026
  • Advisory employees · 13 to 14
    Apr 2, 2026 to Jun 5, 2026
  • Employees · 34 to 35
    Apr 2, 2026 to Jun 5, 2026
  • State-registered IARs · 13 to 14
    Apr 2, 2026 to Jun 5, 2026
  • Advisory employees · 11 to 13
    Mar 26, 2026 to Apr 2, 2026
  • State-registered IARs · 11 to 13
    Mar 26, 2026 to Apr 2, 2026
  • Accounts · 2,611 to 3,401
    Nov 6, 2025 to Mar 26, 2026
  • Advisory employees · 12 to 11
    Nov 6, 2025 to Mar 26, 2026
  • HNW clients · 78 to 645
    Nov 6, 2025 to Mar 26, 2026
  • Individual clients · 910 to 2,756
    Nov 6, 2025 to Mar 26, 2026
  • Employees · 35 to 34
    Nov 6, 2025 to Mar 26, 2026
  • Financial planning clients · More than 500 to 0
    Nov 6, 2025 to Mar 26, 2026
  • State-registered IARs · 12 to 11
    Nov 6, 2025 to Mar 26, 2026
  • Other offices · 2 to 1
    Nov 6, 2025 to Mar 26, 2026
  • Discretionary RAUM · $419M to $607M
    Nov 6, 2025 to Mar 26, 2026
  • HNW RAUM · $129M to $247M
    Nov 6, 2025 to Mar 26, 2026
  • Individual RAUM · $290M to $361M
    Nov 6, 2025 to Mar 26, 2026
  • RAUM · $419M to $607M
    Nov 6, 2025 to Mar 26, 2026
  • Advisory employees · 13 to 12
    Aug 18, 2025 to Nov 6, 2025
  • Employees · 36 to 35
    Aug 18, 2025 to Nov 6, 2025
  • State-registered IARs · 13 to 12
    Aug 18, 2025 to Nov 6, 2025
  • Advisory employees · 14 to 13
    Jul 9, 2025 to Aug 18, 2025
  • Employees · 37 to 36
    Jul 9, 2025 to Aug 18, 2025
  • State-registered IARs · 14 to 13
    Jul 9, 2025 to Aug 18, 2025
  • Advisory employees · 15 to 14
    Jun 25, 2025 to Jul 9, 2025
  • Employees · 38 to 37
    Jun 25, 2025 to Jul 9, 2025
  • Financial planning clients · More than 500 to More than 500
    Jun 25, 2025 to Jul 9, 2025
  • State-registered IARs · 15 to 14
    Jun 25, 2025 to Jul 9, 2025
  • Accounts · 2,332 to 2,611
    Oct 4, 2024 to Apr 14, 2025
  • Advisory employees · 6 to 15
    Oct 4, 2024 to Apr 14, 2025
  • HNW clients · 114 to 78
    Oct 4, 2024 to Apr 14, 2025
  • Individual clients · 1,174 to 910
    Oct 4, 2024 to Apr 14, 2025
  • Assets in custody · 313071682.0 to unset
    Oct 4, 2024 to Apr 14, 2025
  • Custody of client assets · true to false
    Oct 4, 2024 to Apr 14, 2025
  • Employees · 25 to 38
    Oct 4, 2024 to Apr 14, 2025
  • State-registered IARs · 6 to 15
    Oct 4, 2024 to Apr 14, 2025
  • Discretionary RAUM · $313M to $419M
    Oct 4, 2024 to Apr 14, 2025
  • HNW RAUM · $97.7M to $129M
    Oct 4, 2024 to Apr 14, 2025
Signals
18 dated events
  • Drake & Associates, Llc reported RAUM $607.3M, up 45% from $418.8M (2025-11-06 to 2026-03-26)
    Mar 26, 2026 · RAUM change · derived
  • Daniel J Lauraine left Drake & Associates, Llc for Lpl Financial Llc (registered 2026-04-15)
    Mar 17, 2026 · Advisor changed firm · fact
  • Tykia C Williams left Drake & Associates, Llc for Empower Advisory Group, Llc (registered 2026-06-30)
    Nov 6, 2025 · Advisor changed firm · fact
  • Gordon Thompson Frater left Drake & Associates, Llc for Mariner (registered 2025-10-30)
    Aug 18, 2025 · Advisor changed firm · fact
  • Vincent J Ferreira left Drake & Associates, Llc for Edward Jones (registered 2025-08-29)
    Jul 9, 2025 · Advisor changed firm · fact
  • Drake & Associates, Llc reported RAUM $418.8M, up 34% from $313.1M (2024-10-04 to 2025-04-14)
    Apr 14, 2025 · RAUM change · derived
  • Jacob Gene Thomfohrda left Drake & Associates, Llc for Northwestern Mutual Investment Services,Llc (registered 2026-01-01)
    Dec 2, 2024 · Advisor changed firm · fact
  • William Michael Kronket (Chief Compliance Officer) no longer on Schedule A of Drake & Associates, Llc (listed 2023-03-24, absent 2023-09-08)
    Sep 8, 2023 · Control person left · inference
  • Robert Mark Flatow (Chief Operating Officer) no longer on Schedule A of Drake & Associates, Llc (listed 2023-03-24, absent 2023-09-08)
    Sep 8, 2023 · Control person left · inference
  • William Michael Kronket (Chief Compliance Officer) appeared on Schedule A of Drake & Associates, Llc
    Mar 24, 2023 · Control person joined · fact
  • Robert Mark Flatow (Chief Operating Officer) appeared on Schedule A of Drake & Associates, Llc
    Mar 24, 2023 · Control person joined · fact
  • Dekari Thomas Kerney (Chief Compliance Officer) no longer on Schedule A of Drake & Associates, Llc (listed 2022-11-09, absent 2023-03-24)
    Mar 24, 2023 · Control person left · inference
  • Wendy Sue Peperkorn left Drake & Associates, Llc for Pruco Securities, Llc (registered 2023-02-24)
    Feb 6, 2023 · Advisor changed firm · fact
  • Mark Robert Flatow left Drake & Associates, Llc for Revise Capital Llc (registered 2023-08-24)
    Feb 2, 2023 · Advisor changed firm · fact
  • Samuel F Zabkowicz left Drake & Associates, Llc for Pruco Securities, Llc (registered 2023-01-18)
    Jan 12, 2023 · Advisor changed firm · fact
  • Jared R Sharkey left Drake & Associates, Llc for Merrill Lynch, Pierce, Fenner & Smith Incorporated (registered 2022-08-23)
    Oct 31, 2022 · Advisor changed firm · fact
  • Dekari Thomas Kerney (Chief Compliance Officer) appeared on Schedule A of Drake & Associates, Llc
    Apr 27, 2022 · Control person joined · fact
  • Drake & Associates, Llc filed its initial SEC registration (Form ADV)
    Apr 17, 2019 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business phone
414-409-7221reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
414-409-7226reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
LINKEDIN.COM/COMPANY/1400397reportedpublic record, Form ADV, Sep 17, 2026
Website
drakeandassociates.netreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
414-409-7226reportedpublic record, Form ADV, Jul 6, 2026
Contact form
drakeandassociates.net/contactreportedpublished by the firm, firm site, Sep 17, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$38.0Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026