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Drax Asset Management, LLC (North Haven)


Drax Asset Management, LLC is an adviser based in North Haven. It manages $19.51 million of regulatory assets for 204 client accounts. It has been registered with the SEC as an adviser since 2002.

Drax Asset Management provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Drax Asset Management: assets under management

The assets under management (AUM) of Drax Asset Management, LLC is $19.51 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $19.51 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $95.62 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Drax Asset Management, LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in North Haven

The principal office where Drax Asset Management, LLC performs its advisory services is located at 127 Washington Avenue, North Haven, CT 06473, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-239-1720 or by fax 203-239-0203. The normal business hours are 9:00 am to 4:00 pm on Monday - Friday.


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