Draper Asset Management, Llc (Smithtown)
Draper Asset Management, Llc Is a Mid-Sized Advisory Firm Based in Smithtown. It Manages $46.57 Million of Regulatory Assets for 432 Client Accounts. It Has...
Draper Asset Management, LLC is a mid-sized advisory firm based in Smithtown. It manages $46.57 million of regulatory assets for 432 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida, New Hampshire, New York, and Texas.
Draper Asset Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and investment consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Draper Asset Management: assets under management
The assets under management (AUM) of Draper Asset Management, LLC is $46.57 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 33% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $46.57 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $107.81 thousand each.
Investments
The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 16% of the firm’s portfolio. Investments in pooled investment vehicles form 4% of the total invested assets.
Elena Rostova holds a Master's degree in Public Health Journalism. She covers groundbreaking medical research, holistic wellness trends, mental health awareness, and nutritional science.
