Daniel Lauraine is a registered investment advisor at Drake & Associates, LLC, based in Grand Rapids, MI, with 28 years of industry experience. Daniel operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Investment Management, Retirement Planning. Their firm serves 988 clients with $420M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $1000K | 1.25% |
| $1.0M - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.80% |
| $5M+ | 0.65% |
Fees are negotiable depending upon the needs of the client and complexity of the situation. If a client is already signed up with PCC will be grandfathered in at the current rate of .50%.
Fee Estimator
Location
4095 Embassy Drive SE, Grand Rapids, MI, 49546
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Daniel is the managing partner/owner of BridgePoint Tax Consulting, LLC, offering tax preparation and business consulting services. He dedicates minimal time to this activity.
Employment History
Current Registrations
Drake & Associates, LLC
Previous Registrations
TD Ameritrade, INC.Broker
Charles Schwab & CO., INC.Broker
Charles Schwab & CO., INC.
Waddell & Reed
Waddell & ReedBroker
The Huntington Investment Company
The Huntington Investment CompanyBroker
Chase Investment Services CORP.
Chase Investment Services CORP.Broker
Banc One Securities CorporationBroker
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.