{"url":"https://nivawealth.com/firms/davenport-watts-and-drake-investment-advisors-127506","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/127506","regulatoryAum":157076843,"crd":"127506","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4483932","suffix":null,"lastName":"DAVENPORT","firstName":"TOM","middleName":"SAYRE"},{"crd":"5662406","suffix":"JR","lastName":"DRAKE","firstName":"HENRY","middleName":"M"},{"crd":"8234841","suffix":null,"lastName":"Hazlewood","firstName":"Ellen","middleName":"McCool"}],"total":3,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2022-03-07","regulatoryAum":119674576,"clients":201,"employees":3,"offices":1},{"filedOn":"2023-02-06","regulatoryAum":103588704,"clients":203,"employees":3,"offices":1},{"filedOn":"2024-03-01","regulatoryAum":122243528,"clients":211,"employees":3,"offices":1},{"filedOn":"2025-03-10","regulatoryAum":138847418,"clients":212,"employees":3,"offices":1},{"filedOn":"2026-04-16","regulatoryAum":157076843,"clients":214,"employees":3,"offices":2}],"secFileNumber":"801-123626","legalName":"Davenport Watts & Drake Investment Advisors, LLC","displayName":"Davenport Watts & Drake Investment Advisors","slug":"davenport-watts-and-drake-investment-advisors-127506","website":"https://davenportwattsdrake.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Mississippi limited liability company","fiscalYearEnd":"December","headquarters":{"street":"234 W. 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They include 182 individual clients, 26 high-net-worth individuals, and 6 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 16 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Davenport Watts & Drake Investment Advisors offer?","answer":"Davenport Watts & Drake Investment Advisors provides financial planning and portfolio management for individuals and small businesses.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Davenport Watts & Drake Investment Advisors charge?","answer":"Davenport Watts & Drake Investment Advisors charges 0.75%–1.00% a year for its Investment Advisor Services. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and requires an account of at least $50,000.","source":"DAVENPORT WATTS DRAKE FORM ADV PART 2A 2026, filed 16 April 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"How many financial advisors does Davenport Watts & Drake Investment Advisors have?","answer":"Davenport Watts & Drake Investment Advisors has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Davenport Watts & Drake Investment Advisors invest in?","answer":"At the end of its last fiscal year, Davenport Watts & Drake Investment Advisors’ separately managed accounts held 47% exchange-traded equities, 45% registered funds (mutual funds, ETFs, BDCs) and 8% cash and equivalents.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Davenport Watts & Drake Investment Advisors have a minimum investment?","answer":"Yes, Davenport Watts & Drake Investment Advisors’ minimum account size for its Investment Advisor Services is $50K.","source":"DAVENPORT WATTS DRAKE FORM ADV PART 2A 2026, filed 16 April 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Davenport Watts & Drake Investment Advisors?","answer":"Davenport Watts & Drake Investment Advisors’ direct owner is Tom Davenport (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 16 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Davenport Watts & Drake Investment Advisors get paid?","answer":"Davenport Watts & Drake Investment Advisors is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Davenport Watts & Drake Investment Advisors?","answer":"Davenport Watts & Drake Investment Advisors’ main office is at 234 W. School Street, Ridgeland, MS 39157. Its phone number is 601-898-8069. Its website is davenportwattsdrake.com.","source":"Form ADV Part 1A, Item 1.F, filed 16 April 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}