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Dra Advisors

SEC-registered adviser since 1994New York, NYCRD 106311

24
Clients
74
Advisory staff

From Form ADV filed 17 August 2026 · data retrieved 15 October 2026SEC record

Dra Advisors is an investment adviser headquartered in New York, New York, and registered with the SEC since 1994. Its clients include pooled investment vehicles.

Its services include portfolio management for pooled vehicles. Fee arrangements include a percentage of assets under management, performance-based fees and other arrangements. Dra Holdings LLC owns 75% or more of Dra Advisors.

Clients

Dra Advisors serves 24 clients. The average client has about $601 million with the firm.

Regulatory assets by client type
  • Pooled investment vehicles24 clients100%
Show client breakdown
Pooled investment vehicles
Clients
24
Regulatory AUM
$14,420,756,046
Share
100.0%
Avg. per client
$600.9M

Total

Clients
24
Regulatory AUM
$14,420,756,046
Share
100%
Avg. per client
$600.9M

What it does

Dra Advisors provides portfolio management for pooled vehicles. It is paid through a percentage of assets, performance-based fees and other arrangements.

Dra Advisors advises 15 private funds.

100.0% of assets ($14.42B across 21 accounts) are managed with discretion. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

Custodians

Dra Advisors has custody of $14.42B for 24 clients.

Managed account assets by custodian
  • All other custodians$14.42B100%

Ownership and leadership

Dra Holdings LLC owns 75% or more of Dra Advisors.

Who owns the firm
Dra Advisors LLC· the adviser
  • Dra Holdings LLC

    Control person · since January 2003

    Owns 75% or more of Dra Advisors LLC

Leadership

  • David Luski
    President
  • Jean Apruzzese
    Chief Operating Officer
  • David Gray
    Chief Compliance Officer & Managing Director
  • Adam Breen
    Chief Capital Officer
  • Matthew Shore
    Chief Investment Officer

Staff

  • 99 employees
  • 74 in advisory functions

Fees

Dra Advisors is paid through a percentage of assets under management, performance-based fees and other.

Dra Advisors’ fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Dra Advisors has 2 offices, with 3 listed addresses across 3 states.

Listed office addresses by state

New York · 1 listed address

  • 575 Fifth Avenue, 38th Floor, New YorkHQ

Registration details

Legal name
Dra Advisors LLC
Headquarters
575 Fifth Avenue, 38th Floor, New York, NY 10017
SEC file
801-46908
Structure
Delaware LLC
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Dra Advisors have?

Dra Advisors has 24 clients and manages $14.4 billion for them, as of August 2026.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 August 2026

What services does Dra Advisors offer?

Dra Advisors provides portfolio management for pooled vehicles.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

How many financial advisors does Dra Advisors have?

Dra Advisors has 0 investment adviser representatives registered with state securities authorities, out of 99 employees, and 74 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

Who owns Dra Advisors?

Dra Advisors is owned through a chain of holding companies by David Luski. Its direct owner is Dra Holdings LLC (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 17 August 2026

How does Dra Advisors get paid?

Dra Advisors is paid through a percentage of assets under management, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 17 August 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 106311.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Dra Advisors LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.