Draper Asset Management, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$193,372,789
Clients
522
Advisors
8
of 9 employees
About
Draper Asset Management provides discretionary investment management to individuals, high‑net‑worth clients, trusts, estates, businesses, and charitable organizations, and serves as a fiduciary for retirement accounts when applicable. The brochure describes services delivered under written advisory agreements and notes that all client assets are held at qualified custodians.
The firm’s investment approach emphasizes fundamental analysis and a predominantly long‑term orientation, constructing portfolios from individual stocks, bonds, options, REITs and ETFs, and at times holding cash or legacy positions for tax or risk‑management reasons. Draper works with each client to set investment objectives and risk tolerances and implements those objectives through portfolio construction, rebalancing and ongoing discretionary supervision.
Notably, the brochure does not present standalone financial planning as a service, indicating a primary focus on portfolio management rather than integrated planning offered by many peers. The firm also discloses that it does not charge performance‑based fees (and removed prior references to such arrangements in a recent amendment) and maintains an institutional custody relationship with Charles Schwab that provides technology and support benefits while the firm does not participate in soft‑dollar programs.
Client services
Expertise
Fee options
1.25% annually
Main office
116 Terry Road, Floor 1
Smithtown NY 11787
Advisors at this office
8
Most active in
Florida · New Hampshire · New Jersey · New York · North Carolina · Pennsylvania · Texas
Also doing business as
Draper Asset Management, LLC · Union Partners Advisors, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
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