Draper Asset Management, LLC logo

Draper Asset Management, LLC

Updated today

Client AUM

$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

Portfolio management

Expertise

Concentrated stock management Options & derivatives strategies Active portfolio management Real estate investing

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Fee options

Percentage

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

Advisors at this firm

user avatar

Nicholas L

Series 65

Smithtown, NY

Draper Asset Management, LLC

Nicholas Lucas is a financial advisor at Draper Asset Management, LLC with one year of industry experience. He holds a Series 65 designation and has prior work history including roles at the Maurice A. Deane School of Law at Hofstra University and a brief position at Salt Shack. Draper Asset Management provides discretionary investment management and financial consulting services to individuals, including high-net-worth clients, and various entities. The firm emphasizes a bottom-up, fundamental investment approach and serves public-sector employees through its Union Partners program.

Concentrated stock management Options & derivatives strategies Active portfolio management Real estate investing
user avatar

Robert D

Series 63, Series 65

Smithtown, NY

Draper Asset Management, LLC

Robert Draper is a financial advisor at Draper Asset Management, LLC with 11 years of industry experience. He holds Series 63 and Series 65 designations and has been with Draper Asset Management since 2009. Draper Asset Management provides discretionary investment management and financial consulting services to individuals, including high-net-worth clients, and various entities. The firm emphasizes a bottom-up, fundamental investment approach focused on intrinsic valuation and free cash flow projections, serving both private clients and public-sector employees through its Union Partners division.

Concentrated stock management Options & derivatives strategies Active portfolio management Real estate investing
user avatar

Vinson G

Series 65

Smithtown, NY

Draper Asset Management, LLC

Vinson Guigliano is a financial advisor at Draper Asset Management, LLC with two years of industry experience. He holds a Series 65 designation and previously worked in education for six years and attended Quinnipiac University for four years. Draper Asset Management provides discretionary investment management to individuals, high-net-worth clients, trusts, estates, businesses, and charitable organizations. The firm’s approach focuses on fundamental analysis and long-term portfolio construction using a range of securities, emphasizing ongoing discretionary supervision without charging performance-based fees.

Concentrated stock management Options & derivatives strategies Active portfolio management Real estate investing
user avatar

Joseph C

Series 65

Smithtown, NY

Draper Asset Management, LLC

Joseph Cracchiola is a financial advisor at Draper Asset Management, LLC with one year of industry experience. He holds a Series 65 designation and previously worked at J.P. Morgan Securities LLC and JPMorgan Chase Bank, N.A. from 2015 to 2021. Draper Asset Management provides discretionary investment management and financial consulting services to individuals, including high-net-worth clients, as well as various entities. The firm emphasizes a bottom-up, fundamental investment approach and serves public-sector employees through its Union Partners division, managing roughly $195 million in client assets.

Concentrated stock management Options & derivatives strategies Active portfolio management Real estate investing
user avatar

Michael P

Series 65

Smithtown, NY

Draper Asset Management, LLC

Michael Principe is a financial advisor at Draper Asset Management, LLC and holds a Series 65 designation. He began his advisory career at Draper Asset Management in 2024 after working at Long Island University and briefly at Yogurt Time. Draper Asset Management provides discretionary investment management and financial consulting services to individuals, including high-net-worth clients, and various entities. The firm emphasizes a bottom-up, fundamental investment approach focused on intrinsic valuation and serves a notable public-sector client base through its Union Partners division.

Concentrated stock management Options & derivatives strategies Active portfolio management Real estate investing
user avatar

Abigail P

Series 65

Smithtown, NY

Draper Asset Management, LLC

Abigail Portela is a financial advisor at Draper Asset Management, LLC in Smithtown, NY. She holds a Series 65 designation and has been with Draper Asset Management for a total of four years. Prior to her current role, she was affiliated with Augusta National Golf Club and attended the University of South Carolina. Draper Asset Management provides discretionary investment management to individuals, high-net-worth clients, trusts, estates, businesses, and charitable organizations. The firm emphasizes fundamental analysis and a long-term investment approach, constructing portfolios primarily from individual securities and ETFs while tailoring strategies to clients’ objectives and risk tolerances.

Concentrated stock management Options & derivatives strategies Active portfolio management Real estate investing
user avatar

Lilli S

Series 65

Smithtown, NY

Draper Asset Management, LLC

Lilli Seidman is a financial advisor at Draper Asset Management, LLC with one year of industry experience. She holds a Series 65 designation and previously worked at Wealthspire Advisors LLC and the University of Florida. Draper Asset Management provides discretionary investment management to individuals, high-net-worth clients, trusts, estates, businesses, and charitable organizations, with an investment approach focused on fundamental analysis and long-term portfolio construction.

Concentrated stock management Options & derivatives strategies Active portfolio management Real estate investing
user avatar

Justin G

Series 65

Smithtown, NY

Draper Asset Management, LLC

Justin Galluzzo is a financial advisor with Draper Asset Management, LLC, holding a Series 65 designation and beginning his industry career in 2024. Prior to joining Draper Asset Management, he spent six years in education and four years at SUNY Cortland. Draper Asset Management provides discretionary investment management and financial consulting services to individuals, including high-net-worth clients, and various entities. The firm emphasizes a bottom-up, fundamental investment approach focused on intrinsic valuation and serves a notable public-sector client base through its Union Partners affiliate.

Concentrated stock management Options & derivatives strategies Active portfolio management Real estate investing
View complete list of advisors at this firm
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