# Drake Capital Advisors LLC

> Drake Capital Advisors LLC is an SEC-registered investment advisory firm in Old Greenwich, CT, registered since 2006, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 11, 2026.

- CRD: 136716
- Filed as: DRAKE CAPITAL ADVISORS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Old Greenwich, CT
- Filing period: October 2026
- Form ADV filing dated: March 11, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/136716
- AdvisorCensus page: https://advisorcensus.com/firm/drake-capital-advisors-llc-old-greenwich-ct-136716

## Quick answers

**How is Drake Capital Advisors LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Drake Capital Advisors LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other.

**Where is Drake Capital Advisors LLC located?**
Drake Capital Advisors LLC's principal office is in Old Greenwich, CT, according to its Form ADV.

**Is Drake Capital Advisors LLC registered with the SEC or a state?**
Drake Capital Advisors LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 136716.

**How much does Drake Capital Advisors LLC manage?**
Drake Capital Advisors LLC reports $713,423,000 in regulatory assets under management in its Form ADV filing dated March 11, 2026 (100% discretionary).

**How have Drake Capital Advisors LLC's assets and staff changed since 2021?**
In the Form ADV data for Drake Capital Advisors LLC: Regulatory assets under management: $884,660,000 in the October 2021 data and $713,423,000 in the October 2026 data, down 19%. Total employees: 7 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Drake Capital Advisors LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Does Drake Capital Advisors LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/136716

**What changed in Drake Capital Advisors LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $620,956,000 to $713,423,000 (+15%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees
- Other

### Regulatory assets under management (Item 5.F)
- Total: $713,423,000
- Discretionary: $713,423,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $286,364,000 |
| Corporations or other businesses not listed above | Fewer than 5 | $158,575,000 |
| Other | Fewer than 5 | $268,484,000 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2006 (20 years)
- Employees: 5 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- drakeadvisors.com
- LinkedIn @2922527

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $884,660,000 | 7 | March 17, 2021 |
| October 2022 | $896,279,000 | 6 | March 22, 2022 |
| October 2023 | $655,524,000 | 6 | March 24, 2023 |
| October 2024 | $652,894,000 | 6 | March 26, 2024 |
| October 2025 | $620,956,000 | 5 | March 14, 2025 |
| October 2026 | $713,423,000 | 5 | March 11, 2026 |

Regulatory assets under management: $884,660,000 in the October 2021 data and $713,423,000 in the October 2026 data, down 19%.
Total employees: 7 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $620,956,000 to $713,423,000 (+15%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Drake Capital Advisors LLC (CRD 136716): Form ADV filing data as of October 2026.